Asset/portfolio management
Spanish yard will prep the almost 40-year-old FPSO for redeployment opportunities for new owner.
Extensive acreage overlap and existing operational collaboration drove the acquisition decision.
FPSO Nganhurra, laid up in Malaysia, produced Woodside’s Enfield field until the end of 2018.
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The all-stock transaction is the second megadeal to rock the energy industry this month.
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The supermajor plans to sell its majority stake in the Italian offshore terminal as it sheds noncore assets.
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French supermajor sells its pair of oil sands assets to focus capital on its oil and gas assets with low breakeven.
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Aker Solutions, SLB, and Subsea 7 have joined to create a subsea engineering firm to drive innovation and efficiency in subsea production.
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The Biden Administration plans for a maximum of three lease sales in the Gulf of Mexico from 2024 to 2029.
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The company is set to supply offshore well services and subsea systems for Vår Energi-operated fields on the Norwegian Continental Shelf.
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Operator pays $400 million for a 40% stake in tract that contains the $6-billion Cameia/Golfinho project.
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The Oklahoma independent agreed to acquire the assets of three private companies in its quest to scale up in the Permian's Delaware Basin.
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Consortiums led by ExxonMobil, TotalEnergies lead the charge into the blocks offered in the oft-delayed offshore parcel auction.
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Duo jointly purchases a pair of undeveloped gas condensate fields off Western Australia from PTTEP.