According to a July 11 report from companiesandmarkets.com, BP is in talks with Apache Corporation concerning the divestment of $12b of assets. The asset sale would include a large stake in Alaska's Prudhoe Bay, which is the largest oil field in North America.
The National Ocean Industries Association (NOIA) appointed 18 industry leaders to its Board of Directors on April 10, 2014 during its Annual Meeting in Washington, DC. Appointed to their first term on the Board of Directors: Benjamin G. Bordelon…
Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) (NYSE: TOO) announced that its general partner has increased its quarterly cash distribution by $0.035 per unit, from $0.35 per unit to $0.385 per unit ($1.54 annualized) as…
Apache Corporation today announced an oil discovery at the Phoenix South-1 well - the company's first discovery in Australia's offshore Canning Basin. Wireline and formation pressure tools have confirmed at least four discrete oil columns ranging…
Pancontinental Oil & Gas operator, Apache Kenya, secures deepwater drilling ship for giant Mbawa Prospect Pancontinental Oil & Gas announce that the Kenya L8 licence operator Apache Kenya Limited (Apache) has secured the use of the deepwater…