EnQuest has struggled in recent years with high debt levels and a drop in profits after Britain imposed a 35% windfall tax on North Sea producers.
Sarah Bairstow joined Mexico Pacific Ltd. in 2019 and is assuming the CEO role following Ivan Van der Walt’s resignation.
Global Partners LP announced a quarterly cash dividend on its 9.5% fixed-rate Series B preferred units
Exxon Mobil, which took a final investment decision on its Whiptail development on April 12, now estimates its six offshore Guyana projects will average gross production of 1.3 MMbbl/d by 2027.
W&T Offshore’s appointment of John D. Buchanan brings the number of company directors to six.
Targa Resource’s board of directors increased the first-quarter 2024 dividend by 50% compared to the same quarter a year ago.
Industry leader Herbert Hunt was instrumental in dual-lateral development, opening the North Sea to oil and gas development and discovering Libya’s Sarir Field.
Riley Exploration Permian’s dividend is payable May 9 to stockholders of record by April 25.
The Emirati giant, Abu Dhabi National Oil Co., considered all options when looking at BP, including buying a big stake.
Genesis Energy declared a quarterly distribution for the quarter ended March 31 for both common and preferred units.