10 year company anniversary
15 April 2019 by admin
Abu Dhabi pension fund invests $300M in ADNOC Oil Pipelines
This was shared on Monday by the Abu Dhabi National Oil Company (ADNOC) which reminded that the ADRPBF investment came after a recent $4 billion initial investment agreement signed with Blackrock a...
11 April 2019 by admin
Delek to buy Shell’s stake in U.S. Gulf of Mexico field for $965 million
Operated by Anadarko, the Caesar-Tonga asset sits approximately 190 miles (300 kilometers) south-southwest from New Orleans, Louisiana in the Green Canyon area of the US Gulf of Mexico. The develop...
21 March 2019 by admin
Murphy sells Malaysian business to PTTEP for $2.1B
Murphy’s assets in Malaysia had 129 Mmboe in proved reserves (1P) at the year-end 2018, of which 70 Mmboe are characterized as proved undeveloped.
The proved reserves are comprised of 46...