bankruptcy
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Chiyoda, CB&I discussing how to complete the expansion project, which is expected online this year. -
The operator was the successful bidder on former shallow-water assets of Cox Oil, Energy XXI, and others.
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The infrastructure company placed the winning high bid in a bankruptcy auction.
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Offshore driller has almost a half billion in cash and a contract backlog of $2.2 billion.
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The failure of the Raptor rig to drill its first-ever well offers a short history of the challenges that came with creating the first automated drilling rig.
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Northeast Pennsylvania producer was formed in 2017 after the purchase of Shell-operated properties.
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A trio of service companies will serve as proposed “stalking horse” bidders in the court-supervised sale process, which will be facilitated through Chapter 11 filing.
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One-time shale champion eliminates $1 billion in annual cash costs and plans to focus 2021 activity on natural gas assets.
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Gulfport Energy is seeking to eliminate more than $1 billion in debt and to cancel or renegotiate firm transportation contracts that it said drove it to enter bankruptcy protection.
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The latest updates on the North American shale sector’s efforts to consolidate and restructure.
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