Rystad Energy sees increased brownfield activity driving a 20% increase in projected spend in the subsea services market in 2023.
Arena Energy's acquired interests add to the company's ownership interest in the Eugene Island 330 and South Marsh 128 fields in the U.S. Gulf of Mexico.
Here’s a roundup of the latest E&P headlines, including gas discoveries onshore the Nile Delta in the North Sea and a host of new contract awards from the past week in the upstream oil and gas industry
The company intends to use the net proceeds of the offering, along with cash on hand, to redeem all of its 9.75% senior second lien notes due in 2023.
The Thunder Horse platform, about 150 miles southeast of New Orleans, can produce up to 250,000 bbl/d of oil and up to 200 MMcf/d.
Talos Energy said on Jan. 11 company expects to close the transaction soon after a Feb. 8 special shareholders’ meeting.
United Oil & Gas retained Energy Advisors Group (EAG) to market for sale a material interest and operatorship in its 100% owned interest in the 5.5 million acre Walton Morant license in offshore Jamaica.
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.
Talos reported finding 78 ft of pay in the Lime Rock primary target and 72 ft of pay in the Venice primary target.
Here’s a roundup of the latest E&P headlines, including a field start up and a well drilled to a basin with record depth from the past week in the upstream oil and gas industry.