TechnipFMC Bags Multimillion Deal and More
Bloomberg reported that Chevron Corp. has overtaken Exxon Mobil Corp. as the largest oil company in America by market value. It’s the first time the Exxon has been dethroned since it began as Standard Oil more than a century ago, Bloomberg highlighted.
$505MM Deal to Boost Deepwater Profile for BHP
BHP will acquire an additional 28 percent working interest in the Shenzi field in the deepwater Gulf of Mexico from Hess Corp. The $505 million acquisition will raise BHP’s working interest in the development to 72 percent.
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