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Exxon Mobil, Hess Sanction $9 Billion Payara Project Offshore Guyana

2020-10-01 15:50:41| OGI

SBM Offshore lands contract for FPSO, while TechnipFMC secures work for the subsea system for the development.

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Google launches News Showcase with USD 1 billion pledge to publishers

2020-10-01 14:11:00| Telecompaper Headlines

(Telecompaper) Google has announced an initial USD 1 billion in payments to news publishers to produce content for Google News. The new scheme will start in Germany, Brazil, Argentina, Canada, the UK and Australia with leading publications such as Der Spiegel, Stern, Die Zeit, Folha de S.Paulo, Band and Infobae. Google said it plans to expand the News Showcase to other countries soon, including India, Belgium and the Netherlands.

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ConocoPhillips to Resume Share Buybacks of $1 Billion

2020-10-01 11:05:00| OGI

ConocoPhillips on Sept. 30 forecast a smaller-than-expected quarterly adjusted loss and said it would resume share repurchases after a historic market collapse forced the oil and gas producer to halt the program in April.

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Equinor Plans $2 Billion Breidablikk Oilfield Development

2020-09-28 15:22:50| OGI

The field is estimated to contain some 200 million barrels of oil and is scheduled to begin output in the first half of 2024, Equinor said.

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Global SVOD revenue to grow to $100 billion

2020-09-28 04:00:18| Digital TV News

According to Digital TV Research, global SVOD revenues will reach $100 billion by 2025, double the $50 billion recorded in 2019. SVOD revenues will be above $1 billion in 16 countries.

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