(Suncor, 27.Nov.2023) — Suncor Energy (TSX: SU) (NYSE: SU) announced that the Terra Nova Floating, Production, Storage and Offloading vessel has safely restarted following the completion of the Terra Nova Asset Life Extension project. Production is expected to ramp up over the coming months. “Focusing on safety and operational integrity, […]
Tag: Murphy Oil
NRGBriefs: FMC LatAm Sales; Rig Mobilized in Suriname
(Energy Analytics Institute, 2.May.2022) — Energy briefs including FMC Corp.’s LatAm sales rising 31% YOY in 1Q:22 “driven by robust volume growth in soybean, corn and sugarcane as well as price rises and a 6% currency tailwind”; Enel AmĂ©ricas (NYSE: ENIA) filing its 2021 annual report on Form 20-F w/ the […]
Murphy Oil Says Cutthroat-1 Exploration Well Offshore Brazil Didn’t Find Oil
(Murphy Oil, 28.Mar.2022) — Murphy Oil Corporation (NYSE: MUR) announced that drilling has concluded at the Cutthroat-1 exploration well in block SEAL-M-428 in the Sergipe-Alagoas Basin offshore Brazil. While the presence of hydrocarbons was not found, the partner group will continue to integrate the exploration well data into its regional […]
Suriname Beckons Oil Drillers Ahead Of Poll Result
(Argus, 3.Jun.2020) — Suriname is edging closer to a change of government that could pave the way for expanded offshore oil exploration. The South American country is hoping to emulate neighboring Guyana, where ExxonMobil started oil production from the deepwater Stabroek block in December 2019. Suriname’s current production is limited […]
Murphy Oil Dives Into Deepwater GOM With $1.6bn LLOG Bluewater Deal
(WoodMac, 23.Apr.2019) — Murphy Oil Exploration is poised to buy several deepwater Gulf of Mexico assets from LLOG Exploration for a total of US$1.625 billion, split into a US$1.375 billion cash payment and US$250 million in contingent payments. Most of the interest in the acquired assets are owned by LLOG […]
Petrobras And Murphy Conclude Formation Of GOM Joint Venture
(Petrobras, 3.Dec.2018) — Petrobras, following up on the release disclosed on October 10, 2018, concluded the operation that has resulted in the formation of a joint venture company (JV), of which Murphy Exploration & Production Company has an 80% stake, while Petrobras America Inc (PAI) holds the remaining 20% stake, […]
Petrobras, Murphy Oil Create US Gulf Joint Venture
(S&P Global Platts, 11.Oct.2018) — Brazilian state-led oil company Petrobras and Murphy Oil will combine production assets in the US Gulf of Mexico in a joint venture that will produce about 75,000 barrels of oil equivalent/day in the fourth quarter of 2018. “The joint venture will be formed by the […]