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NEWS Click on text to read news by category: General | Product | People | Worldwide

Diamond Offshore Drilling Awarded Drillship Contract for Ocean BlackRhino, U.S. Gulf of Mexico

August 7, 2024

Diamond Offshore Drilling has entered into a contract with BOE Exploration & Production for the Ocean BlackRhino for work in the U.S. Gulf of Mexico. BOE Exploration & Production is a unit of Beacon Offshore Energy. The Ocean BlackRhino was

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Houston Energy Leadership Cohort Aims to Elevate Energy Careers

August 7, 2024

The Greater Houston Partnership, through its Greater Houston Leadership Institute will introduce the Houston Energy Leadership Cohort this fall. This transformative 10-week professional development program is designed specifically for mid-career professionals in the energy and supporting sectors. By participating in

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SLB OneSubsea and Subsea7 Awarded EPCI Contract for bp’s North Sea Murlach Development

August 7, 2024

SLB has been awarded an integrated engineering, procurement, construction, and installation (EPCI) contract by bp to its OneSubsea™ joint venture and Subsea7 for the Murlach development (formerly Skua field), 240 kilometers east of Aberdeen in the UK North Sea. The

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Apollo Closes $1.85 Billion Acquisition of U.S. Silica

August 6, 2024

U.S. Silica Holdings and Apollo said that funds managed by affiliates of Apollo have completed the acquisition of the company. The company will continue to operate under the U.S. Silica name and brand and will continue to be led by

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Chevron’s $53 Billion Hess Deal Delayed Until Summer 2025

August 6, 2024

Chevron’s proposed purchase of oil producer Hess faces a lengthy new delay, with an arbitration panel not expected to hear a rival’s claim to Hess’ stake in a Guyana oil-producing joint venture until May 2025, the company said on Wednesday.

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Matterhorn Express Pipeline Delays Operations Start to October, Texas

August 6, 2024

Permian Basin natural gas producers hoping for a boost from opening of the Matterhorn Express pipeline will have to wait a bit longer. East Daley Analytics had expected the 2.5-billion cubic feet per day line to begin seeing volumes in

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Appalachian Regional Clean Hydrogen Hub Secures $925M DOE Grant to Spearhead Development

August 6, 2024

The Appalachian Regional Clean Hydrogen Hub (ARCH2) has executed a cooperative agreement with the U.S. Department of Energy (DOE) Office of Clean Energy Demonstrations (OCED) to receive up to $925 million in federally funded dollars to spearhead the development of

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Vitol to Acquire Noble Resources for $208.9 Million, Deal Expected to Expand Coal Trading Unit

August 6, 2024

Global energy trader Vitol has agreed to acquire Hong Kong-based Noble Resources Trading Ltd., the company said in a statement on Friday, in a deal intended to expand its coal trading business. The deal is expected to close before the

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Pason Systems Appoints James Bowzer to Its Board of Directors

August 6, 2024

Pason Systems has appointed James Bowzer to its board of directors as an independent director. The company also said Jay Collins will be retiring from the board of directors in November 2024. James Bowzer joins Pason with more than 35

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Chevron Moving Headquarters to Houston, Texas, Makes Senior Leadership Changes

August 5, 2024

Chevron Corporation said it will relocate the company’s headquarters from San Ramon, California, to Houston, Texas, and has made senior leadership changes. HEADQUARTERS RELOCATION The company’s headquarters will move from San Ramon, California, to Houston, Texas. Chevron chairman and CEO,

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