Petrofac has been handed a decommissioning contract for wells at two fields in the central North Sea.
Read More »Exxon`s Newest Discovery in Guyana
Exxon is now primarily focused on getting the most of the Permian and of the Guyana discoveries.
Read More »Lack of Offshore Investment will Impact Future Oil Supply
Companies that continue to operate offshore have particularly poured fewer dollars into wildcat exploration.
Read More »Exxon. Hess. Statoil Sign Oil Exploration Deals Offshore Suriname
Statoil. for its part. said on Friday that ``Block 59 is a potential extension of the trend on which the Liza discovery was made in neighboring Guyana.``
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