Top U.S. independent oil and gas producer ConocoPhillips on Wednesday agreed to buy Marathon Oil $22.5 billion, the latest in a series of mega-deals in the energy industry.The U.S. oil and gas industry has been riding a consolidation wave over…
ConocoPhillips is in advanced talks to buy Marathon Oil in an all-stock deal that could value the Houston-based company at a little over its $15 billion market value, the Financial Times reported on Wednesday citing people briefed on the matter…
Talos Energy Inc. announced the appointment of John Spath as Executive Vice President and Head of Operations, effective immediately. Spath, who succeeds Robert 'Bob' Abendschein, Executive Vice President and Chief Operating Officer, will have…
Africa should be treated fairly while addressing global climate challenges as the continent contributes the smallest share to green house gas emissions globally, OPEC Secretary General Haitham Al Ghais said on Tuesday.Addressing an energy conference in Cape Town…
Marathon Oil said on Monday it has entered into a five-year liquefied natural gas (LNG) sales agreement with a unit of Glencore for a portion of its natural gas produced from the Alba Field in Equatorial Guinea, boosting its presence in the European LNG market…
The Norwegian Minister of Petroleum and Energy, Terje Aasland, on Thursday granted approval for the development of Aker BP's Tyrving offshore discovery, which will be a tie-in to Alvheim FPSO.Aker BP as the operator, and its license partners…
Exports of Mexico's newest crude are ramping up under Italy's Eni as U.S. refiners find it an apt replacement for banned Russian oil and one that complements domestic grades. The shipments, which started in April according to Refinitiv Eikon data…
Dubai based jackup operator Shelf Drilling has been awarded a three-year contract for with India's Oil and Natural Gas Corporation for work on the Mumbai High. The contract is for the C.E. Thornton jack-up rig, with planned start-up of operations is Q2 2023…
Jack-up drilling rig specialist Shelf Drilling has secured a three-year contract extension for the High Island V jack-up rig with Saudi Aramco.The contract for the rig of the Marathon LeTourneau 82-SD-C design will start in direct continuation of its current contract in the Arabian Gulf…
U.S. offshore energy industry equipment maker Dril-Quip has appointed Carri Lockhart to its Board. She most recently served as Equinor's Executive Vice President for Technology, Digital & Innovation (TDI), with responsibility for enabling Equinor’s energy transition…
Offshore Drilling company Shelf Drilling said Friday it had secured a contract extension for the Key Manhattan jack-up rig.The 18-month extension is in direct continuation of the drilling rig's current contract for drilling operations in the Adriatic Sea offshore Italy…
Oil and gas firm Neptune Energy said Friday that Jim House has decided to retire from his role as Chief Executive Officer and from the Neptune Energy Board on December 31, 2021. Pete Jones, currently Neptune’s VP Operations, Europe, will succeed…
Houston-based offshore well intervention firm Helix Energy Solutions has appointed T. Mitch Little as a new member of the board of directors.Little, 58, served as Executive Vice President – Operations for Marathon Oil Corporation from August 2016 until his retirement in December 2020…
Oslo-listed drilling firm Shelf Drilling has secured a contract for the Baltic jack-up rig with TotalEnergies in Nigeria.TotalEnergies local subsidiary Total E&P Nigeria Limited will use the jack-up drilling rig for five wells, plus extension options…
Several oil companies are challenging Fieldwood Energy’s proposed reorganization plan, saying it does not appropriately address its environmental obligations.The oil companies, which include Shell Offshore, BP Exploration & Production, ConocoPhillips Company and Marathon Oil Company…
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