Offshore

Hess: Offshore Guyana’s Liza Vs. Permian’s Delaware Basin

Hess compares the first phase development of Liza offshore Guyana to the Delaware Basin and deems one a better investment.

May 16 2018 - 2:09pm

Energy XXI Forms Partnership To Sell Noncore GoM Assets

The proposed sale will clear about $320 million P&A obligations and also give the Houston-based E&P much needed capital.

May 10 2018 - 3:45pm

Shell Midstream To Acquire $1.22 Billion Stake In Amberjack Pipeline

The acquisition is the Houston-based pipeline operator's largest purchase to date and marks a significant milestone for the company, says Shell Midstream CEO Kevin Nichols.

May 10 2018 - 7:50am

OTC 2018: CEOs Talk Relevance, Strategy, Alliances

Partnerships, mergers and acquisitions play prominent roles.

May 3 2018 - 9:10am

Hess Adds To Offshore Guyana Position With New Acquisition

A subsidiary of the New York-based E&P reached an agreement with an ExxonMobil affiliate to acquire a 15% participating interest in offshore Guyana's Kaieteur Block.

Apr 26 2018 - 4:00pm

OTC 2018: Chevron Touts Both Permian, Deep Water

Chevron views deep water as a material part of its overall upstream portfolio with plans this year to invest billions of dollars in Gulf of Mexico projects.

May 1 2018 - 10:50am

Stone Energy To Acquire Ram Powell Unit In US GoM Viosca Knoll Area

Stone Energy said April 27 it had agreed to purchase the Ram Powell Unit in the U.S. Gulf of Mexico from Shell Offshore, ExxonMobil and Anadarko.

Apr 27 2018 - 3:55pm

Angola Opens Bids For Cobalt's Former Oil Blocks

Development on the blocks offshore Angola had been complicated by a dispute between Sonangol and Cobalt, which until recently was the operator of the blocks and owned a 40% stake in them.

Apr 20 2018 - 6:45am

Cobalt’s US Gulf Of Mexico Bankruptcy Auction Pulls In $578 Million

The largest winning bid was a $339 million joint offer by Statoil and Total for Cobalt’s 60% operated interest in the North Platte discovery.

Apr 11 2018 - 4:15pm

BSEE Implements Quality Assurance Process For Offshore Operations

The new process seeks to reflect on permits issued by the agency and helps inform best practices for offshore energy permitting.

Mar 27 2018 - 11:36am

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