Rowan Companies is putting a jackup on stand by for Apache Corp., in addition to inking three rig extensions in the Gulf of Mexico, offshore Norway, and Saudi Arabia, according to the company’s latest fleet report. The Rowan Gorilla VII…
Bibby Offshore, a leading subsea services provider to the oil and gas industry, has announced a substantial contract win with Apache North Sea to provide subsea construction, ROV and diving services at the largest oil field in the North Sea…
Oilfield services firm Proserv has won a multi-million dollar contract from Apache Corp for work on the UK Continental Shelf. Proserv will supply a subsea control system and associated topside and subsea interface equipment for use on the new Callater wells south of the Beryl Alpha platform…
Apache is moving ahead with its Callater development in the Beryl area despite spending cut backs in its North Sea business. The firm has awarded Subsea 7 an engineering, procurement, installation and commissioning (EPIC) contract as part of its Callater field development…
Harkand, an inspection, repair, maintenance (IRM) and light construction company, has been chosen to deliver installation work to support Apache with its existing drilling campaign in the Nevis South Field in the North Sea. The project…
Wellhead servicing specialist Well-Centric secured a US$12 million (£8 million) contract to provide offshore and onshore maintenance and repair services to Apache’s North Sea subsidiaries. The three-year deal will see Dyce-based Well-Centric provide offshore wellhead maintenance services…
Apache is to increase investment in drilling to 78% of its annual capital spending in 2016-2020, compared to 51% in 2012-2015, a business breakfast was told in Aberdeen this morning. Investment in seismic will double, from 5% of its capital spending to 10%…
Houston-headquartered Apache Corporation has claimed it has increased its North Sea reserves by some four to seven times since the end of 2014. In a trading update highlighting the performance of its North Sea business, focusing on the Forties and Beryls assets…
Houston-based Anadarko Petroleum revealed today (11 November) that it was the rejected party in the rumored acquisition of US-based Apache, which consisted of an all-stock transaction offer. Image from Anadarko…
US-based independent Apache has rejected a recent takeover bid, said to be worth US$18 billion, according to Bloomberg. But the company is now working with Goldman Sachs on a defense strategy. On 9 November, analyst firm Simmons & Co…
Houston headquartered Apache has unveiled a string of discoveries it has made in the UK North Sea which could increase its total North Sea reserve base by 50% and result in investment in new production facilities. The company says it has made two 'significant' discoveries in the Beryls area…
Apache has exercised the first of two options to extend its existing contract with Archer for the provision of platform drilling services for one year. 'We are very pleased to have been awarded this contract extension. It is excellent…
While at first the oil price seemed to spur a rash of big M&A deals in 2014 and early 2015, analysts at GlobalData and IHS say the market could slow if the oil price doesn’t increase. Jeannie Stell reports. Image from Baker Hughes…
Staatsolie and Apache Corp. have signed a production sharing contract (PSC) for exploration, development and production of offshore Block 58 offshore Suriname. The agreement, with a 30-year validity, is divided into exploration, development and production phases…
Houston headquartered Apache Corporation has shaken up its leadership team and regional operating structure to 'streamline' the business, including creating an 'offshore' division. The move includes creating 'more integrated, super-region structures…
