Tag Archive

U.S. To Hold Major Oil & Gas Lease Sale In August

U.S. To Hold Major Oil & Gas Lease Sale In August

July 16, 2018 No Comments

The U.S. Department of the Interior will hold an oil and gas lease sale for 78 million acres in the Gulf of Mexico on August 15, the department said in a press release. The amount includes all hitherto unleased areas in the U.S. section of the Gulf. This is the third offshore lease sale under […]

Shell adds competitive, deep-water production in the U.S. Gulf of Mexico

Shell adds competitive, deep-water production in the U.S. Gulf of Mexico

May 31, 2018 No Comments

Shell Offshore, Inc. (Shell), a subsidiary of Royal Dutch Shell plc, announces today the early start of production – around one-year ahead of schedule – at the first phase of Kaikias, an economically resilient, subsea development in the US. Gulf of Mexico with estimated peak production of 40,000 barrels of oil equivalent per day (boe/d). […]

Shell makes New deep-water, discovery in Gulf of Mexico

Shell makes New deep-water, discovery in Gulf of Mexico

May 24, 2018 No Comments

Shell announces a large, deep-water, exploration discovery in the U.S. Gulf of Mexico with its Dover well (100% Shell). The Dover discovery is Shell’s 6th in the Norphlet play and has encountered more than 800 net feet of pay (244 meters). The discovery is located approximately 13 miles from the Appomattox host and is considered […]

Noble Energy Announces First Quarter 2018 Results

Noble Energy Announces First Quarter 2018 Results

May 9, 2018 No Comments

Noble Energy, Inc. (NYSE:NBL) (“Noble Energy” or the “Company”) announced first quarter 2018 financial and operating results. Highlights include: Delivered quarterly sales volumes of 361 MBoe/d(1) up 18 percent(2) from first quarter 2017 on organic capital expenditures of $781 million. Increased U.S. onshore oil production over 30 percent(2) compared to the first quarter of 2017 […]

Anadarko Announces 2018 First-Quarter Results

Anadarko Announces 2018 First-Quarter Results

May 9, 2018 No Comments

Anadarko Petroleum Corporation (NYSE: APC) announced 2018 first‑quarter results, reporting net income attributable to common stockholders of $121 million, or $0.22 per share (diluted). These results include certain items typically excluded by the investment community in published estimates. In total, these items decreased net income by $158 million, or $0.30 per share (diluted), on an […]

BP delivers strong 1Q profit

BP delivers strong 1Q profit

May 9, 2018 No Comments

Underlying replacement cost profit* for the first quarter of 2018 was $2.6 billion, compared with $1.5 billion for the same period in 2017, a rise of 71%. Operating cash flow excluding Gulf of Mexico oil spill payments* in the quarter was $5.4 billion including a $1.8 billion negative impact from an increase in working capital […]

W&T Offshore and BHGE Announce Strategic Agreement

W&T Offshore and BHGE Announce Strategic Agreement

May 3, 2018 No Comments

At Offshore Technology Conference (OTC) , W&T Offshore Inc. (NYSE: WTI) and Baker Hughes, a GE company (NYSE: BHGE) announced a strategic partnership related to W&T’s joint exploration and development program, which includes 14 drilling projects, most of which are operated by W&T in the Gulf of Mexico. The project utilizes a commercial model that […]

Statoil completes acquisition of US Gulf of Mexico deepwater discovery

Statoil completes acquisition of US Gulf of Mexico deepwater discovery

April 11, 2018 No Comments

Statoil and Total have completed their acquisition of Cobalt International Energy’s 60% operated interest in the North Platte discovery in the US Gulf of Mexico for an aggregate purchase price of USD 339 million. The partners had jointly presented the winning bid for the asset in a bankruptcy auction of some of Cobalt’s assets that […]

Total Further Increases Its Footprint In The Gulf Of Mexico

Total Further Increases Its Footprint In The Gulf Of Mexico

April 11, 2018 No Comments

Total has acquired several assets located in the Gulf of Mexico as part of the Cobalt International Energy company’s bankruptcy auction sale. Total submitted offers on several assets for a consideration of approximately 300 million dollars and acquires from Cobalt: A 20% interest in the North Platte discovery. As a result, Total increases its interest […]

TechnipFMC Awarded Contract for LLOG Exploration in the Gulf of Mexico

TechnipFMC Awarded Contract for LLOG Exploration in the Gulf of Mexico

March 26, 2018 No Comments

TechnipFMC (NYSE: FTI) (PARIS: FTI) has been awarded an integrated Engineering, Procurement, Construction and Installation (iEPCITM) contract by LLOG Exploration. This award for the Who Dat field in the Gulf of Mexico includes the delivery and installation of a Multiphase Pumping System, including a manifold, umbilical termination assembly, power umbilical, jumper and topside control equipment, […]

Page 1 of 2212345»1020...Last »