Texas-based exploration and production player Beacon Offshore Energy has begun oil and natural gas production from a deepwater project connected to a floating production system (FPS) facility in the Gulf of America, formerly the U.S. Gulf of Mexico.
Th…
First oil & gas flows from US Gulf deepwater project Read More »
Aker BP has made arrangements with JAPEX Norge, a Norwegian subsidiary of Japan Petroleum Exploration (JAPEX), to trade partial interests in two fields for the Japanese player’s Northern North Sea assets.
The post North Sea swap deal expands Aker BP’s …
North Sea swap deal expands Aker BP’s oil & gas portfolio Read More »
Valaris has won a new batch of rig assignments and extensions, enabling three drillships and three jack-ups to secure work in different geographies.
The post Billion-dollar rig jobs raise Valaris’ backlog to $4.7B appeared first on Offshore Energy.
Billion-dollar rig jobs raise Valaris’ backlog to $4.7B Read More »
Canada-based Valeura Energy, an oil and gas company, has made a move to acquire partial stakes from Thailand’s national oil and gas player, PTT Exploration and Production Public Company Limited (PTTEP), in two offshore blocks off the coast of Thailand….
Valeura Energy strikes a deal with PTTEP to expand its Thai oil & gas footprint Read More »
Chevron has cleared all the hurdles in its path to bring Hess Corporation, a fellow oil and gas player, into its fold. As a result, the companies are taking steps to blend their operations, enabling Chevron to expand its oil and gas arsenal, with four …