Apache North Sea has extended its contract with Danish based ESVAGT for the Esvagt Observer, a standby vessel which has been servicing the Beryl field, 335 kilometers northeast of Aberdeen, since 2004. The latest contract extension is for four years…
U.S. oil and gas producer Apache Corp reported a 69 percent plunge in adjusted quarterly profit on Wednesday, as lower crude and natural gas prices offset higher output from the Permian basin in the United States and the UK North Sea.The Houston…
Chevron Corp on Friday said it will buy oil and gas producer Anadarko Petroleum Corp for $33 billion in cash and stock in a deal that doubles down on its bet on U.S. shale and LNG as U.S. energy production is shattering records.The deal makes Chevron the second-largest major by crude production…
U.S. oil and gas company Apache Corp said on Thursday it expects to spend much less on exploration and production this year than originally planned, becoming the latest shale producer to cut capital spending amid a fall in crude prices.Apache set a capital budget for oil production of $2…
Apache Corporation announced it has begun producing from its Garten development on Block 9/18a Area-W in the U.K. sector of the North Sea, ahead of the initial target of first-quarter 2019. The discovery well, which is located 6 kilometers south of the Beryl Alpha Platform…
Archer has been awarded a new, three-year contract by Apache for platform drilling management services in the North Sea. The contract includes operations and maintenance on Apache's Forties and Beryl fields. This will include the Forties Alpha…
Former Apache North Sea boss Jim House has signed up to Neptune Energy as CEO, starting this month. House makes the move from Apache Corp. where he has spent the last 26 years in senior leadership roles, most recently as the Senior Vice President responsible for Egypt…
Apache has brought its Callater North Sea subsea tieback on stream ahead of schedule. Discovered in 2015, Callater, a six-well slot bundle tieback to the Beryl Alpha facility. It was among three fields, including Seagull and Corona…
Suriname's oil agency Staatsolie has agreed to award a production sharing contract for offshore Block 59 to a consortium consisting of ExxonMobil, Hess and Statoil under the country's 'Open Door Policy.' Staatsolie has also reached an agreement with Statoil over Block 60…
Expro has secured a US$10million well services contract extension with Apache North Sea at its Forties field. The contract covers a range of well services including slickline, cased hole services and pumping services, as well as support in delivering coiled tubing services…
Apache Corp. failed to hit commercial hydrocarbons at its Kolibrie-1 well, offshore Suriname. Kolibrie is in Block 53, about 80mi off Suriname. Block 53 covers an area of some 3509sq km, and it in 500-1800m water depth. Apache told…
Bristow Helicopters Ltd. has secured a new contract with Apache North Sea Ltd. to support its North Sea operations. The contract which has a five-year primary term, with further extension options, will commence on 1 September 2017. Aircraft…
Apache Corp. awarded Servelec Controls a contract to modify the fire and gas safety systems on the Beryl Alpha platform in the North Sea to enable the safe expansion of its current processing capability. Beryl Alpha…
Apache’s FNT development may appear a bit “vanilla” on the surface, but a fit-for purpose and fast-to-first-oil ethos under the Apache Projects Group Mission Command management system meant the difference between production and stranded reserves…
Wood Group has been awarded an extension to its master service agreement (MSA) contract with Apache Corp. in the North Sea. Wood Group will continue to deliver subsea engineering and consultancy services, in support of Apache's routine operation and maintenance works…
