Want to Buy an Oil Well in the UK North Sea?

By Dinesh Nair and Jillian Ward (Bloomberg) -- Want to buy an oil well in U.K.’s North Sea? There are plenty available as some of the industry’s largest names try to sell aging, costly wells that have become even less profitable with the plunge in crude prices. BG Group Plc, Apache Corp. and Marathon Oil Corp. are among companies that have explored a sale of their North … [Read more...]

Apache Said to Seek Buyer for Wheatstone LNG Project Stake

By Brett Foley and James Paton July 7 (Bloomberg) -- Apache Corp., the energy company that has announced $9.8 billion of asset sales in the past year, is seeking a buyer for its interests in the Wheatstone liquefied natural gas project, people familiar with the matter said. The oil and gas producer is in early discussions with potential buyers for its holdings in Chevron … [Read more...]

DOF ASA Signs NOK 225 Million Contract Offshore Australia with Apache

DOF announced today that they have signed a NOK 225 million contract with Apache Energy Limited for the use of the anchor handling tug supply vessel, Skandi Atlantic, offshore Australia.  The firm period of the contract is 900 days commencing in May 2012. Skandi Atlantic is owned by Aker DOF Deepwater AS (ADD) and is the last vessel of 6 sister vessels built at the STX OSV … [Read more...]

Apache Awards EMAS Subsea Installation Contract for Coniston Field Offshore Australia

SINGAPORE, 28 February 2012 - EMAS AMC, the subsea division of Ezra Holdings Limited (“Ezra”), today announces that it has been awarded a contract by Apache Energy Limited to perform subsea transport and installation work for the Coniston Field Development located in Northwest Australia. The base scope for the contract works is currently approximated to be up to … [Read more...]

Drilling Pact Brings Ensco Newbuild Semi-Sub To Gulf Of Mexico

UK offshore contractor Ensco says it has teamed up with drilling giants Anadarko, Apache and Noble Energy in a deal to send its newbuild ultra-deepwater semisubmersible, ENSCO 8505, to Gulf of Mexico in a two-year, $350,000,000 contract. The following is a press release issued by Ensco with the details. LONDON--(BUSINESS WIRE)-- Ensco plc (NYSE: ESV) announced today that it … [Read more...]