ExxonMobil has issued bid documents to South Korea’s three super fabricators to build a huge 30,000-tonne deck for its groundbreaking US$8.3 billion Hebron project off Newfoundland, Canada.
Petrobras chief executive Jose Sergio Gabrielli was set to take his leave of the company this week amid a flurry of offshore contracting activity that highlighted the importance of local content and Brazilian industrial development during his tenure.
Two consortia have been left to fight it out to secure a prestigious order to provide a newbuild floating production, storage and offloading vessel for Total’s multi-billion dollar Egina project off Nigeria.
A KEY audit of Shell’s pipeline safety management systems was three years overdue at the time of last year’s oil spill at the North Sea Gannet field — the UK’s worst in a decade.
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Carrot and stick: Interior hands out higher royalties but opens new areas to drilling
The Interior Department said today it would raise the royalties companies pay the federal government on oil and natural gas drilling in deep waters off the US, and allow exploration in new areas in the Gulf of Mexico and off Alaska's coast.
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