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After $900 Million Acquisition, Validus Sees Potential Eagle Ford Consolidation
2022-06-01 - Validus, with roughly $1 billion of capital commitments available for deals, is also looking to convert its “barrels in the ground” into high margin returns.
SBM Offshore Finalizes $1.7 Billion Financing for One Guyana FPSO
2022-07-21 - FPSO One Guyana to begin production of Exxon Mobil’s Yellowtail development offshore Guyana in the prolific deepwater Stabroek block in 2025.
Exxon Mobil, Chevron Shareholders Back Energy Transition Plans
2022-05-25 - Shareholders earlier blocked proposals to accelerate carbon emission reductions at oil and gas producers TotalEnergies SE, BP Plc, Shell Plc, Occidental Petroleum Corp. and ConocoPhillips Co.
Workforce Woes: Labor Shortage in the Oil Patch
2022-06-02 - U.S. oil and gas production growth may be restrained by workers fed up with the industry’s cyclical nature.
Norway Oil Workers Threaten Strike, Some Crude Output at Risk
2022-06-03 - Norwegian oil workers plan strike action at 10 permanent offshore installations, including the Njord A, Valhall, Gudrun and several Oseberg platforms, as well as three mobile service units, unions said.