The acquisition from LLOG Exploration and its affiliates is expected to strengthen Murphy’s GoM portfolio at a “very attractive price,” Murphy Oil CEO Roger W. Jenkins says.
BP and partners have sanctioned the Azeri Central East (ACE) project, the next stage of development of the giant Azeri-Chirag-Deepwater Gunashli (ACG) oilfield complex in the Azerbaijan sector of the Caspian Sea.
The year is shaping up to be a solid one of transition for the offshore sector.
Equinor has won the right to explore seven blocks offshore Argentina and to run production operations at five of them, the Norwegian oil and gas firm said on April 17.
ION Geophysical’s Marlin Marine Optimization Software increases safety, security and efficiency with full operational awareness in challenging environments.
Chevron’s major drivers for the combination include Anadarko’s tight oil assets in the Permian and D-J basins plus its Mozambique LNG project and U.S. Gulf of Mexico assets, analysts say.
Shell Offshore, subsidiary of the Anglo-Dutch oil company, agreed to sell its 22.45% interest in the Caesar-Tonga deepwater field in the Gulf of Mexico to Delek Group for $965 million.
Leading producers find new resource plays offshore Guyana and Brazil.
Murphy Oil hits pay zone at Samurai prospect.
Here are the latest top 20 cumulative oil- and gas-producing wells in the U.S. Gulf of Mexico.
