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Sanchez Energy Corporation has announced that it has entered into a definitive agreement to sell its Javelina asset in the Eagle Ford Shale for approximately US$105 million in cash.
The Boards of Total and A.P. Møller – Mærsk have both approved the acquisition of 100% of the equity of the E&P company Maersk Oil & Gas A/S (Maersk Oil), a wholly owned subsidiary of A.P. Møller – Mærsk A/S, by Total in a share and debt transaction.
ConocoPhillips has received consent for preparations for and the start of the removal of minor structures from the Ekofisk field facilities, including the installation of a temporary crane on Ekofisk 2/4 FTP.
The API has urged the US administration to expand the next five-year offshore oil and natural gas leasing program to include areas of the Outer Continental Shelf, including the Atlantic, Eastern Gulf of Mexico, and Arctic.
KBR Inc. has been awarded pre-front end engineering design and project support services contracts by BP.
Trelleborg has invested in a new production facility for sealing solutions in Denmark.
Australasian Oil & Gas (AOG) in conjunction with Subsea UK, the Society for Underwater Technology (SUT) and Subsea Energy Australia (SEA) are seeking abstract submissions for presentations to be considered for the AOG 2018 Subsea Forum, as part of the AOG Conference.
Oil and gas asset integrity and corrosion management firm, LUX Assure, has appointed a new non-executive director to its board.
Professor John Underhill, Chief Scientist at Heriot-Watt University, revealed that while opponents of hydraulic fracturing continue to focus on the environmental impact of this method of oil and gas extraction, the geology of the UK doesn’t support it.
The Dresser-Rand business, part of Siemens Power and Gas, was awarded two orders to supply power generation equipment for two projects for CNOOC Limited (China National Offshore Oil Corporation Limited).
Two subsea mid water arches weighing around 100 t each are just some of the items that have been landed at Aberdeen Harbour as the port supports Maersk Oil’s decommissioning campaign.
Whiting will use the net proceeds from the sale to repay US$500 million of its current US$550 million bank debt. The effective and closing date of the sale is September 1, 2017.