Kvaerner Wins $1.5 Billion EPC Contract for ExxonMobil’s Hebron Project
(Bloomberg) — Kvaerner ASA, a Norwegian builder of oil platforms, climbed the most in more than four months in Oslo trading after winning a $1.5 billion
(Bloomberg) — Kvaerner ASA, a Norwegian builder of oil platforms, climbed the most in more than four months in Oslo trading after winning a $1.5 billion
Caterpillar Oil and Gas announced today that Russia’s largest offshore oil and gas platform has been outfitted with BeCat® 3500 diesel generator
By Melissa Akin MOSCOW (Reuters) – BP, which lost its first deal to drill for oil in Russia’s Arctic to ExxonMobil, tried to negotiate a new deal
By TENNILLE TRACY WASHINGTON–Dow Chemical Co. (DOW) severed ties Friday with one of Washington’s most powerful groups representing the
ExxonMobil Corp. (XOM) will spend $14 billion to develop the Hebron oil field offshore Newfoundland and Labrador, a project it expects to yield 700 million
SYDNEY–Exxon Mobil Corp. (XOM) said Monday the cost of building a massive natural gas-export project in Papua New Guinea has blown out to US$19 billion
IRVING, Texas- Exxon Mobil Corporation (NYSE:XOM) announced today that its subsidiary, Esso Exploration Angola (Block 15) Limited (Esso Angola), has started
NEW YORK–Even energy titan Exxon Mobil Corp. (XOM) is showing signs of strain from low natural gas prices. On Wednesday Exxon Chief Executive Rex
Seadrill said Monday that it is in advanced discussions regarding a new five-year contract for its ultra-deepwater drillship, West Polaris. The company says
– By ExxonMobil Connection The ExxonMobil Drilling team this month commenced operations on the Jansz-lo driling program for the Gorgon LNG Project off
Given the current price of low sulfur diesel, the enormous global emphasis on reducing the carbon footprint of our industry, and the fact the price of natural
Exxon Mobil Corp. (XOM) plans to spend roughly $185 billion over the next five years to develop new energy supplies in anticipation of growing demand. In a
Technip announced today that they had been awarded a subsea installation contract by ExxonMobil for the Hadrian South natural gas project in the Gulf of Mexico
HOUSTON -(Dow Jones)- Exxon Mobil Corp. (XOM) said Friday it plans spend a record $37 billion annually in capital projects for the foreseeable future, becoming
Federal officials have settled a dispute with Exxon Mobil Corp. (XOM) and Statoil ASA (STO, STL.OS) over one of the largest offshore oil discoveries ever
HOUSTON (Dow Jones)–Oil and gas companies are expected to spend at record levels in exploration and production projects worldwide in 2012, with
This deal was first announced in July when a Letter of Intent was signed for the vessels’ construction, however both parties entered into a definitive
By Isabel Ordonez And Alexis Flynn, Wall Street Journal Apache Corp. is substantially expanding its U.K. presence by buying a number of ExxonMobil’s
By Russell Gold, Wall Street Journal, above image courtesy GAZPROM ExxonMobil Corp.’s blockbuster $2.2 billion deal to drill for oil in the frigid
HOUSTON— (Dow Jones) The only thing that surprised the energy industry more than ExxonMobil Corp.’s mammoth oil find in the Gulf of Mexico is
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