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Tag: offshore
U.S. Refiner Phillips 66 Enters Offshore Oil Export Race
2019-06-20 18:03:08| OGI
The offshore port would provide an outlet for oil coming from recently proposed Liberty and Red Oak pipeline joint ventures that will start in early 2021. Phillips will operate the $1.6 billion Liberty pipeline and help finance the $2.5 billion Red Oak pipeline.
Tags: export
oil
race
phillips
Okea CEO Sees Foreign Oil Majors Leaving Norways Offshore In A Decade
2019-06-18 14:45:03| OGI
Exxon Mobil, Chevron and BP have already sold their offshore assets in Norway and Okea CEO Erik Haugane told Reuters that Equinor will soon be the only oil major left.
Offshore Spending Surge Risks Overruns Up To $110 Billion By 2023
2019-06-13 17:31:29| OGI
A rush to accelerate projects, especially those involving tailor-made designs, increases the uncertainty of their final costs, typically 20% above or below the initial estimate.
Tags: billion
risks
spending
offshore
Total Launches Second Phase Of Brazils Mero Deep Offshore Project
2019-06-11 17:04:09| OGI
The Mero 2 FPSO will have a liquid treatment capacity of 180,000 barrels per day and is expected to start by 2022.
Tags: total
project
deep
phase
Sentinel Applies To Build Offshore Crude Export Terminal
2019-06-06 17:10:26| OGI
The move comes as crude exports from the U.S. Gulf Coast region are booming, spurred by production growth in the prolific Permian Basin.
Tags: build
export
applies
terminal
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