More Top Stories in Exporation & Production

LLOG Awards Contract for Salamanca Project in US Gulf of Mexico

LLOG Exploration Offshore and Audubon Engineering Co.'s collaborative efforts will make LLOG's Salamanca project the first repurposed hub in the U.S. Gulf of Mexico.

August 19, 2022

Lukoil Says No Lawful Grounds for Postponing Ghana Oil Field Submission

Aker Energy, controlled by Aker ASA, owns 50% of the deepwater block off Ghana where the Pecan Field is located, while Lukoil holds 38%, Ghana National Petroleum Corp. has 10%, and Fueltrade 2%.

August 19, 2022

Kazakhstan Secures Extra Gas Supply from Chevron-led Tengiz Field

Kazakh President Kassym-Jomart Tokayev met Chevron CEO Michael Wirth in Kazakhstan on Aug. 18 and also discussed with him potential investments in petrochemicals and the expansion of Karachaganak, another giant oil project.

August 18, 2022

Continental Resources Promotes Doug Lawler to President, COO

Doug Lawler joined Continental Resources in February as COO and executive vice president following three decades in the oil and gas industry.

August 18, 2022

US Court Vacates Decision to Block Federal Oil, Gas Leasing Pause

The 5th U.S. Circuit Court of Appeals vacated the Louisiana district court decision to block the Interior Department’s leasing pause after Louisiana and a dozen states sued the administration established arguing that they would suffer injury from the policy.

August 17, 2022

Exxon Mobil Signs Agreement for Deepwater Exploration Offshore India

Exxon Mobil has been looking to buy a stake in local deepwater fields of ONGC for some time.

August 17, 2022

Aker Energy Postpones Ghana Oilfield Plan amid Lukoil’s Involvement

The partners will not submit a development plan for its Pecan oil field to Ghanaian authorities “until the challenges have been resolved,” Aker ASA CEO Oeyvind Eriksen told a call with analysts.

August 17, 2022

EOG, Comstock, Murphy Oil Disclose A&D Deals in Earnings Reports

U.S. independent oil and gas producers EOG, Comstock and Murphy Oil reported A&D in the Midcontinent, Rockies, Haynesville Shale and offshore amid a sporadic first half of dealmaking.

August 17, 2022

Australia's Santos Surprises with Backing for Alaska Oil Project

Santos shares fell 2.4% upon announcing the company's backing of the Pikka Alaskan oil project valued at $2.6 billion.

August 17, 2022

Analyst: Chinese Liquids Production to Decline Within a Decade

Much of Chinese production comes from mature fields, where infill drilling is the name of the game to keep output flat.

August 16, 2022