Talos Energy LLC and Stone Energy Corp. will merge in an all-stock deal, creating an exploration and production company with a significant acreage footprint in the deepwater US Gulf of Mexico and shallow waters offshore Mexico. The…
Anadarko Petroleum will allocate US$1.1 billion toward its deepwater Gulf of Mexico operations in 2018, the US independent announced on 16 November. During a Q3 2017 earnings call in early November, President and CEO Al Walker said Anadarko…
St. Louis-based technology firm Emerson Electric has once again offered to buy Milwaukee-based Rockwell Automation, this time proposing to acquire all of Rockwell’s outstanding shares in a deal valued at $29 billion. David N…
Trilateral cooperation between the US, Canada, and Mexico is needed, says US Energy Secretary Rick Perry. Rick Perry. Photos from OE Staff. Perry was speaking at the University of Houston’s…
Hess has shut in production at its Baldpate, Conger and Penn State fields in the deepwater Gulf of Mexico in response to the fire that occurred last week at the Shell-operated Enchilada platform. The Llano field…
Pacific Drilling has filed for Chapter 11 bankruptcy 'to pursue a comprehensive restructuring' of its approximately US$3 billion in outstanding funded debt. The international drilling contractor reported on 12 November that it planned…
Halliburton business Sperry Drilling announced today (13 November) the release of JetPulse high-speed telemetry service, which provides consistent, high-data rate transmission of drilling and formation evaluation measurements. This new telemetry…
Shell said today (10 November) that industrial firefighters were able to safely land on the Enchilada platform in the US Gulf of Mexico and perform a preliminary inspection; however, there is no timeline to resume normal operations. 'Though the structure is visibly sound…
Schlumberger today (9 November) inaugurated the newly expanded reservoir rock and fluid analysis laboratory located in Houston, Texas. The state-of-the-art lab enables petrotechnical experts to better leverage physical and digital rock and…
BP and Husky Energy have been awarded acreage in the Jeanne d’Arc Basin offshore eastern Canada. The two companies bid approximately US$11.8 million (CAD$15 million) for the first of three parcels of 784,329 acres (317,407 hectares) offered…
Two people were injured after a fire broke out on supermajor Shell's Enchilada platform in the US Gulf of Mexico early Wednesday morning, according to a joint report by the US Coast Guard (USCG) and the Bureau of Safety and Environmental Enforcement (BSEE)…
US drilling contractor Nabors Industries is nearing completion of its its acquisition of Tesco Corp. following anti-trust clearance from the US Department of Justice and the Canada Competition Bureau. An approval process with the Federal…
Chevron has agreed a seven-year partnership with Microsoft which will see the internet giant become the oil major's primary cloud provider. Chevron says the move will 'accelerate the application of advanced technologies including analytics…
Stampede subsea layout. Photo from Hess. A combination of LEAN business practices, technology, and a digital approach will enable Hess to bring online its Stampede tension leg platform project…
Mexico's National Hydrocarbons Commission (CNH) announced today that 25 companies have askes to sign up for the next deepwater round, Round 2.4, to be held on 31 January 2018. The companies that have signed up include those that have participated in previous rounds such as BHP…
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