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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CERAWeek speech: Ali Naimi
Low oil prices are as unjustified and unsustainable as record prices were last summer, and the market's extreme volatility may curb global investment in new projects to meet future demand, Saudi Arabia's Oil Minister Ali Naimi said.
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