Rigzone Industry News

NOCK and KPC are among state-owned companies being proposed for privatization by Kenya's treasury.

KOTUG now has five offshore terminal tugs in Guyana.

Australia's Karoon Energy is acquiring a 30 percent interest in the Gulf of Mexico's Who Dat and Dome Patrol fields and associated infrastructure.

NextEra Energy Partners is selling STX Midstream for $1.82 billion.

Kosmos has raised its stake in Senegal's Yakaar-Teranga gas field to 90 percent.

The first phase of the project, located at the M'Deek reservoir in British Columbia, is designed to replace 270,000 gigajoules per year of natural gas.

Kinder Morgan expects to end the year below expectation on lower commodity prices and higher expenditures.

'Announced projects in the world still won't make up for the supply needed when considering the energy transition that will take several decades'.

The assets include approximately 30,000 acres and current production of 65 million cubic feet equivalent per day.

The Tiberius exploration well encountered approximately 250 feet (75 meters) of net oil pay in the primary Wilcox target.