Vryhof and its mooring business, Deep Sea Mooring (DSM), have signed a multiyear agreement with Diamond Offshore, the company said on Jan. 29.
Odfjell Drilling said on Jan. 29 that BP (NYSE: BP) will continue to use the company’s platform drilling services on the U.K. continental shelf.
Baker Hughes, a GE company (NYSE: BHGE), has committed to reducing its CO2 equivalent emissions 50% by 2030, achieving net-zero CO2 equivalent emissions by 2050, the company said Jan. 28 in a news release.
McDermott International Inc. (NYSE: MDR) on Jan. 24 said it has been awarded a significant contract award by BP Trinidad & Tobago LLC (bpTT) for the engineering, procurement and construction (EPC) of the Cassia Compression Platform, located 35 miles (57 km) southeast off the coast of Trinidad.
At the World Economic Forum in Davos, heads of Chevron, BP, Shell, Total, Aramco and Exxon Mobil joined together to discuss two key topics—climate change and pressure from investors.
The JV was formed by H2O Midstream and Layne Water Midstream to develop and operate water infrastructure on the University Lands acreage across the Southern Delaware Basin.
Houston-based Halliburton said revenue from North America fell about 2% to $3.3 billion from a year earlier and dropped 11% from the third quarter.