According to a July 11 report from companiesandmarkets.com, BP is in talks with Apache Corporation concerning the divestment of $12b of assets. The asset sale would include a large stake in Alaska's Prudhoe Bay, which is the largest oil field in North America.
Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) (NYSE: TOO) announced that its general partner has increased its quarterly cash distribution by $0.035 per unit, from $0.35 per unit to $0.385 per unit ($1.54 annualized) as…
Apache Corporation today announced an oil discovery at the Phoenix South-1 well - the company's first discovery in Australia's offshore Canning Basin. Wireline and formation pressure tools have confirmed at least four discrete oil columns ranging…
'Window in the Waves', featuring Coral Reef in Gulf of Mexico will go on the air in May and June next. It is the story of the Flower Garden Banks, a documentary by Director of Photography Todd Richard of Synergy Productions in association with Louisiana Public Broadcasting.
The National Ocean Industries Association (NOIA) appointed 18 industry leaders to its Board of Directors on April 10, 2014 during its Annual Meeting in Washington, DC. Appointed to their first term on the Board of Directors: Benjamin G. Bordelon…