Chevron’s victory in a lengthy arbitration initiated by Exxon allowed the $53 billion takeover of Hess Corp. to proceed. With Exxon being the majority owner and operator of the disputed Guyana oil fields, the two oil giants face a new challenge: collaboration.
World’s largest jackup rig starts decommissioning work for Perenco UK
Petrodec’s newly constructed heavy lift jackup vessel, named “Obana,” has begun decommissioning...
