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Oil & gas news

 

Chevron completes acquisition of Hess

Chevron Corporation has announced that it has completed its acquisition of Hess Corporation following the satisfaction of all necessary closing conditions, including a favourable arbitration outcome regarding Hess’ offshore Guyana asset.

 
 
 
 

Subsea7 awarded contract offshore Egypt

Subsea7 will be responsible for the engineering, procurement, commissioning and installation of flexible pipelines, umbilicals, and associated subsea components for a tie back to existing infrastructures.