Obama puts US Arctic, Atlantic OCS off-limits to oil, gas activity

US President Barack Obama closed 3.8 million acres off the US North and Mid-Atlantic coasts and 115 million acres in the US Arctic Ocean to future oil and gas activity. The president made his Arctic move in coordination with Canada in a joint announcement with Canadian Prime Minister Justin Trudeau, who took similar steps with […]


Algeria lets contracts for refining, petrochemical units

State-owned Sonatrach SPA has let a contract to Tecnicas Reunidas SA, Madrid, to deliver engineering and project management consultancy (PMC) services for two grassroots units to be built at the 16.5-million tonne/year refinery in Skikda. Source: News


ExxonMobil lets FPSO contract for Liza field off Guyana

Esso Exploration and Production Guyana Ltd. (EEPGL), an ExxonMobil Corp. subsidiary, has let contracts to SBM Offshore NV for a floating production, storage, and offloading (FPSO) vessel for Liza field offshore Guyana. Source: News