After Egypt’s Red Sea exploration bidding round, the country’s offshore segment is ready to boom
Chevron
Saudi Aramco invests $5mn into blockchain oil trading platform Vakt
Vakt is a platform for post-trade processing, founded by companies including BP, Shell, and Equinor, among others
Egypt awards Red Sea exploration concessions to Shell, Chevron, and Mubadala
This is Egypt’s first licensing round for the Red Sea, following successful bidding rounds across multiple regions
Algeria’s Sonatrach eyes partnership with Chevron
While it did not disclose details, Sonatrach said that the pair agreed on partnership areas, next steps, and the approach they would take
Oil and gas industry gearing up for robotics adoption to drive productivity and efficiency: GlobalData
Complex challenges, particularly in the exploration and production of hydrocarbons, are prompting companies to explore the potential of complexly engineered robotics solutions to work autonomously or in conjunction with field operators.
Chevron acquires Andarko Petroleum Corporation
Chevron says the acquisition will provide $2bn in anticipated operating cost and capital synergies
Oil majors prove resilience through downturn
Simon Redmond, senior director, commodities at S&P Global Ratings, believes capex cuts by oil majors since the downturn has had minimum impact on production.
Profits rise for oil majors amid higher oil prices and rising production
BP, Total and ConocoPhillips are among the oil and gas companies that felt a boost in profits amid higher oil prices.
DeltaTek collaborates with operators during subsea innovation field trials
Well construction specialist to move on to live North Sea wells with Chevron and Siccar Point Energy.
Kuwait Petroleum and Chevron strike shale deal
Chevron to sell 30% of its stake in Canada’s Duvernay shale