W&T Offshore CFO J. Daniel Gibbons Retires

As a result, W&T Offshore appointed Janet Yang, currently vice president of corporate and business development of the Houston-based E&P, as acting CFO.

Aug 14 2018 - 9:05am

Exxon Mobil Acquires Stake In Block Offshore Namibia

ExxonMobil Namibia, an affiliate of Exxon Mobil Corp., has entered an agreement with Namibian explorer Azinam Ltd. to acquire a 30% interest in petroleum exploration license (PEL) 44 offshore Namibia, according to a news release.

Aug 14 2018 - 8:12am

Neptune To Acquire UK Central North Sea Assets From Apache

The acquisition included Apache’s 35% working interest in the Seagull development and a 50% working interest in the Isabella prospect, both operated by Apache North Sea.

Aug 13 2018 - 8:50am

Kosmos To Enter US GoM With Deep Gulf Energy Acquisition

Kosmos CEO Andrew Inglis said he believes a huge opportunity has opened in the U.S. Gulf of Mexico as many competitors leave the region for onshore shale.

Aug 6 2018 - 8:45am

Portfolio Reinvention Drives Upstream M&A

M&A activity in the oil patch is about to heat up as long and short-term drivers, from positive commodity prices to lower cost metrics in deep water and investment in alternative energies, kick in.

Jul 24 2018 - 10:35am

Exxon Mobil Expects More Oil From Stabroek Block Offshore Guyana

Exxon Mobil and U.S.-based partner Hess Corp. said more than 4 billion barrels of oil equivalent could be recovered from the Stabroek block offshore Guyana.

Jul 23 2018 - 8:15am

Floating Wind Sector Turns To Big Oil For Innovation

Could a lending hand from the oil and gas industry give the nascent U.S. floating wind industry a needed boost?

Jul 18 2018 - 1:46pm

Tidewater To Buy GulfMark As Offshore Drilling Eyes Recovery

The deal allows U.S-based Tidewater to expand its presence in the U.K. North Sea basin, where a 30% jump in oil prices since the end of 2016 has boosted rates for operators.

Jul 16 2018 - 9:55am

Marketed: BP Offshore ORRI Package, Gulf Of Mexico

BP  retained EnergyNet to sell an offshore overriding royalty interest (ORRI) package in the U.S. Gulf of Mexico through a sealed bid offering.

Jul 13 2018 - 10:10am

LLOG Exploration CEO Scott Gutterman To Retire

Scott Gutterman joined LLOG Exploration in 1993 and has held several senior positions at the privately-owned E&P focused on deepwater GoM including 12 years as president and CEO.

Jul 11 2018 - 2:30pm