American Oil and Gas Companies are Leaving Europe and Africa
ExxonMobil and Chevron are increasing investment in the United States, are interested in Latin America, but are leaving European and African assets ExxonMobil and Chevron are increasing their presence in the United States through large acquisitions of American companies operating in the United States. Corporations are also increasing their capital …
Israel Orders Chevron to Close Tamar Offshore Gas Field
Israel’s Energy Ministry has instructed Chevron to close the Tamar offshore natural gas field off the country’s northern coast, a company spokesman told Reuters. “The Israeli Ministry of Energy has instructed Chevron Mediterranean Limited to cease production at the Tamar field,” the agency quoted a representative as saying. However, the material …
American Chevron is Ready to Drill New Wells in Venezuela
The American company wants to increase production in the Latin American country by another 65,000 bpd by the end of 2024 Currently, Chevron and Venezuela’s PDVSA together produce about 135,000 b/d. Washington’s permission to operate an American company in Venezuela is gradually raising the country’s oil production from its knees. …
Cyprus Rejects Chevron’s Aphrodite Project
The island nation’s government has rejected a plan submitted by a Chevron-led consortium to develop a gas field that could be connected to a facility in Egypt. “Now the parties involved can enter into negotiations to reach an agreement within 30 days,” the Cypriot Energy Minister said, without specifying why …
Chevron Evacuates Personnel from Offshore Platforms in the Gulf of Mexico
American Chevron evacuated personnel from 3 oil production platforms in the Gulf of Mexico in the United States ahead of Hurricane Idalia. This was reported by the press service of the company. According to the National Hurricane Center (NHC, US National Hurricane Center), Tropical Storm Idalia, which is approaching the …
American Chevron increases gas production capacity in Australia
American oil and gas company Chevron is increasing gas production capacity in Western Australia, according to a company press release. “Gas production capacity in Western Australia is growing as a result of technical improvements … aimed at increasing the level of production of Wheatstone gas near the city of Onslow,” …
The Caspian’s Leading Technical Event for E&P Professionals is Approaching
The SPE Annual Caspian Technical Conference will return in-person for its 9th edition across 15-17 November at the Hilton Astana, Kazakhstan. Hosted by national oil company KMG and supported by leading global oil & gas players including TCO, ExxonMobil, Schlumberger, Shell, Degolyer and McNaughton, and Halliburton, the SPE Caspian Technical …
Schlumberger Launches Enterprise Data Solution
Customers will make data-driven decisions faster, at scale, through fully integrated cloud-native solutions powered by Microsoft Energy Data Services. Schlumberger today announced the commercial release of the Schlumberger Enterprise Data Solution, which is powered by Microsoft Energy Data Services. Developed to deliver the most comprehensive capabilities for subsurface data—in alignment …
GHGSat Announces Research Project to Demonstrate Satellite-Based Measurement of Methane Emissions from Offshore Sources
GHGSat today announced a new research project to assess the feasibility of its unique high-resolution, space-based methane monitoring technology to measure emissions from offshore oil and gas platforms. Chevron, Shell, and TotalEnergies are supporting the 12-month research project, which is expected to achieve a world-first in demonstrating high-resolution satellite-based monitoring …
Collaboration, Partnership, and Transformation. The Caspian Oil and Gas Industry Goes Through Major Change, as Region’s Technical Oil and Gas Conference Goes Online
The largest Caspian oil and gas event came to a close today after going online for the first time in its history. The Caspian oil and gas industry has demonstrated resilience to overcoming low oil prices, the COVID-19 crisis and technological challenges by transforming them into sustainable opportunities. The special …