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Chevron Announces $35.0 Billion Capital And Exploratory Budget For 2015

SOURCE: Chevron | 30 January 2015

Chevron Corporation (NYSE:CVX) today announced a $35.0 billion capital and exploratory investment program for 2015. Included in the 2015 program are $4.0 billion of planned expenditures by affiliates, which do not require cash outlays by Chevron. The 2015 budget is 13% lower than total investments for 2014.

KBR Selected As Global Upstream Alliance Partner For BG Group

SOURCE: KBR | 30 January 2015

KBR, Inc. (NYSE:KBR) today announced that it has been selected by BG Group as their Global Upstream Alliance Partner.

Eversendai Offshore Selects AVEVA Marine For Integrated Engineering & Design

SOURCE: AVEVA | 30 January 2015

AVEVA today announced that Eversendai Offshore, a brand new customer, has made a significant investment in AVEVA’s Integrated Engineering & Design solutions through its deployment of AVEVA Marine. The agreement includes the full suite of AVEVA Marine engineering and design applications that will be used on a series of new marine and offshore projects, including topsides, platforms and ships.

BASF Starts Up New Polymer Dispersions Plant In Pasir Gudang, Malaysia

SOURCE: BASF | 29 January 2015

BASF is further strengthening its production footprint in Asia Pacific with the start-up of its first production plant for polymer dispersions in Pasir Gudang, Malaysia. This production plant is built at the existing BASF production site, located in the Pasir Gudang Industrial Park of the Johor Free Trade Zone.

MHI Receives Order For 2 Next-generation LNG Carriers From Mitsui

SOURCE: MHI | 29 January 2015

Mitsubishi Heavy Industries, Ltd. (MHI) has received an order for two next-generation LNG (liquefied natural gas) carriers from Mitsui & Co., Ltd. The carriers on order feature a design that achieves significant improvements in both LNG carrying capacity and fuel performance through the adoption of a more efficient hull structure and an innovative hybrid propulsion system.

GE And Statoil Launch Ambitious New Collaboration To Accelerate Development Of Sustainable Energy Solutions

SOURCE: Statoil | 28 January 2015

GE and Statoil have now announced a new collaboration to accelerate the development of more environmentally and economically sustainable energy solutions to help fuel the future.

Eni Sanctioned The OCTP Project In Ghana

SOURCE: Eni | 27 January 2015

Eni, Vitol and Ghana National Petroleum Corporation (GNPC) signed today with the President of the Republic of Ghana, John Dramani Mahama, and the Minister of Petroleum, Emmanuel Armah-Kofi Buah, the agreement to proceed with the OCTP integrated oil & gas project in Ghana. First oil is expected in 2017, first gas in 2018 and the peak production will be 80,000 boed in 2019.

KBR Signs Technical Services Agreement/MOU For Magnolia LNG Export Terminal

SOURCE: KBR | 27 January 2015

KBR, Inc. (NYSE: KBR) announced today that it has been awarded a technical services agreement by Magnolia LNG LLC to provide cost verification and other services associated with the delivery of the Magnolia LNG export terminal project located in the Port of Lake Charles, Louisiana.

Technip Awarded Two Subsea Contracts In The Gulf Of Mexico By Stone Energy Corporation

SOURCE: Technip | 27 January 2015

Technip has been awarded by Stone Energy Corporation both a flexible pipe supply contract and an installation contract for the Amethyst field, located on Mississippi Canyon 26, in the Gulf of Mexico.

JGC Wins EPCC Contract For LNG Complex Expansion Project In Malaysia

SOURCE: JGC | 26 January 2015

JGC Corporation announced today that, as a part of a consortium with JGC Group company, JGC Malaysia, it has been awarded a contract by PETRONAS LNG 9 Sdn. Bhd.(PL9SB), a wholly-owned subsidiary of PETRONAS. PETRONAS is Malaysia’s fully integrated oil and gas company.