Air Products, Baker Hughes to collaborate on global H2 projects

(H2Tech) Air Products and Baker Hughes are collaborating to develop next-generation hydrogen compression to lower the cost of production and accelerate the adoption of hydrogen as a zero-carbon fuel. As part of the collaboration, Baker Hughes will provide Air Products with advanced hydrogen compression and gas turbine technology for global projects, including NovaLT16 turbines for Air Products’... Continue Reading →

ExxonMobil cheers fresh discovery off Guyana

Oil major ExxonMobil has made a new discovery at Longtail-3 well located in the Stabroek Block offshore Guyana, using the Stena DrillMAX drillship. Drilling at Longtail-3 encountered 230 feet (70 meters) of net pay, including newly identified, high-quality hydrocarbon-bearing reservoirs below the original Longtail-1 discovery intervals, according to ExxonMobil’s statement on Wednesday. The well is... Continue Reading →

PGS wraps up 3D data revitalization at Bauna field

Petroleum Geo-Services (PGS) has revitalized 3D data over the Bauna field in southwest Santos Basin and its surrounding area offshore Brazil. This preprocessed dataset is now available for evaluation of blocks for Brazil’s upcoming Permanent Offer Round. The data rejuvenation of legacy survey BM-S-40 started from field tapes and applied the latest workflow for data... Continue Reading →

McDermott gets new boss as Dickson heads out

U.S. offshore engineering and construction services player McDermott International has revealed that its CEO David Dickson has decided to resign. McDermott announced on Monday that Lee McIntire, an independent director on the McDermott board of directors, will assume the responsibilities of interim Chief Executive Officer effective immediately. David Dickson, Chief Executive Officer, has decided to resign. “Lee is a... Continue Reading →

First Steel Cut for Bacalhau FPSO Topside

The first steel cutting ceremony was last week held at BOMESC yard in China for the topside of an FPSO to be deployed at an Equinor-operated Bacalhau oil field off Brazil. The Bacalhau FPSO will be deployed for the development of the first phase of the Bacalhau field in Brazil's pre-salt Santos Basin. To be... Continue Reading →

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