Former Tullow Oil CEO Paul McDade is leading a new company, Afentra, aimed at rejuvenating mature West Africa oil fields.
Independent operator VAALCO Energy opted to replace an aging FPSO with an FSO and platform upgrades as a way of extending the life of the field offshore Gabon beyond 2030.
Here’s a roundup of the latest E&P headlines from the past week in the upstream oil and gas industry, which include ONGC bringing stranded assets online to its “lucky mascot” and Aker Solutions winning the conversion contract for the Petrojarl Knarr FPSO.
Arena Energy said its acquisition includes a majority interest in two of the largest fields in the shallow water Gulf of Mexico in Eugene Island 330 and South Marsh 128.
W&T Offshore entered a definitive purchase and sale agreement to purchase the oil-weighted operated producing properties from privately-held ANKOR E&P Holdings Corp. and KOA Energy LP.
Among the acquired assets are multiple prolific, producing fields in the Gulf of Mexico Shelf that were originally discovered and/or operated by predecessor companies led by current Talos Energy management.
Byron Energy’s latest well located on South Marsh Island Block 71 in shallow water Gulf of Mexico was flowing at a rate of 8.3 million cubic feet per day of gas.
The original partnership in the late 1990s between Contango and Juneau Oil & Gas made several notable discoveries in the U.S. Gulf of Mexico.
Florida Republican Senator Marco Rubio has placed a hold on the Senate confirmation of President Donald Trump's pick to become the deputy secretary of the Interior Department, Katharine MacGregor, over concerns about the agency's plans to expand offshore drilling, his office said on Dec. 4.
The author traveled to Aker Solutions’ Norwegian facility to discover how wind power can help reduce carbon emissions for oil production.