CGX, Frontera Find Oil with Wei-1 Well Offshore Guyana
Partners have tapped the SIA joint venture to create a conceptual subsea development to produce the oil.
Exxon Mobil Completes $1.26B Purchase of FPSO Liza Unity
The purchase allows Exxon Mobil Guyana Ltd. to assume ownership of the unit while SBM Offshore will continue to operate and maintain the FPSO until 2033.
Venezuela’s VP Says Guyana Follows Exxon Mobil Script to Rob Resources
Venezuela’s Vice President Delcy Rodríguez accused Guyana’s president Mohamed Irfaan Ali of following mandates from Exxon Mobil Corp. and the U.S. Southern Command regarding the small English-speaking country’s claims to the disputed Essequibo territory located between the two South American countries.
A&D Minute: Eyeing the Future of M&A Ground Games [WATCH]
In this week's A&D Minute, Chevron's $53 billion acquisition of Hess could lead to monetization of Hess' assets offshore Malaysia and Thailand.
Analysis: How Chevron’s Hess Deal Boosts LatAm Position
Chevron’s recent $53 billion all-stock deal to acquire Hess Corp. will boost the company’s portfolio in Latin America, a former Chevron executive told Hart Energy.
Guyana Announces 'Significant Discovery' in Offshore Stabroek Block
An appraisal well drilled by a consortium led by Exxon Mobil offshore Guyana has resulted in a "significant discovery" of oil and gas, the South American country's energy ministry said on Oct. 26.
Hess’ Bakken Production Nearing Peak of 200,000 boe/d
Hess Corp.’s combined oil, gas and NGL production from onshore Bakken in this year’s third quarter is close to reaching its peak of 200,000 boe/d.
Which Assets Will Chevron Shop After $53B Hess Deal?
Chevron is entering the Bakken Shale play in a big way through its $53 billion acquisition of Hess Corp. After closing, will the supermajor be in North Dakota to stay?
A&D Minute: Analyst Delves into Chevron's Mega Deal, Future M&A [WATCH]
In this week's A&D Minute, Bloomberg Intelligence's Fernando Valle weighs in on the M&A frenzy following Chevron's $53 billion deal with Hess and what this might mean for the oil and gas industry.
Chevron Buys Hess for $53B as Historic M&A Bonanza Continues
U.S. supermajor Chevron Corp. is acquiring Hess Corp. in a $53 billion megadeal—less than two weeks after Exxon Mobil unveiled a nearly $60 billion Permian Basin acquisition. And experts think the historic run of oil patch consolidation is far from over.