Browsing Tag
Helmerich & Payne
4 posts
NABEP expands Maracaibo and Orinoco operations after first U.S. oil shipment as production growth accelerates
North American Blue Energy Partners expects its Venezuelan rig fleet to reach 41 units during November after reporting production of 223,509 barrels of oil equivalent per day. The expansion follows a U.S.-backed agreement covering 17 oilfields, but equipment commissioning, field rehabilitation and financing remain central to the company's ambition to exceed one million barrels of daily oil production.
Helmerich & Payne (NYSE: HP) exits Utica Square as deleveraging push sharpens post-KCA Deutag strategy
Helmerich & Payne sold Utica Square to Northwood Investors as it accelerates debt reduction after KCA Deutag. Read what this means next.
Tamboran Resources begins Shenandoah South Pilot Project drilling in Beetaloo Basin
Tamboran Resources Corporation has launched its Shenandoah South Pilot Project drilling program in the Beetaloo Basin, Northern Territory,…
Helmerich & Payne’s $2bn acquisition of KCA Deutag set to reshape global drilling industry
In a landmark transaction, American drilling contractor Helmerich & Payne (H&P) has announced its agreement to acquire KCA…