Talos Energy Inc. (NYSE: TALO) has revealed a major oil discovery with its Ewing Bank 953 well, located in the prolific U.S. Gulf of Mexico. The well, which has been a key focus of the company’s exploration strategy, encountered approximately 127 feet of net pay in the target sand at a true vertical depth (TVD) […]
King’s Quay FPS Project : Murphy Oil has awarded a contract to Audubon Companies pertaining to the deepwater semi-submersible floating production system (FPS) to be used for the King’s Quay development in the US Gulf of Mexico. The contract is for providing detailed engineering and design services, and also procurement and construction support Murphy Exploration […]
Oil and gas industry news : Murphy Oil has signed a deal to divest its Malaysian assets to Thai state-owned company PTT Exploration and Production’s subsidiary PTTEP HK Offshore in an all-cash deal worth $2.127 billion. In this connection, the Arkansas-based oil exploration and production company will sell 100% of Murphy Sabah Oil and Murphy […]