Offshore oil and gas operators in the US Gulf of Mexico are preparing platforms and rigs as Tropical Storm Zeta heads into the gulf. Based on data from offshore operator reports submitted to the US Bureau of Safety and Environmental Enforcement as of 11:30 CDT
Oil & Gas Journal
Cenovus Energy Inc. and Husky Energy Inc. have agreed to merge in an all-stock transaction valued at $23.6 billion, inclusive of debt. The combine, to operate as Cenovus Energy Inc. and remain headquartered in Calgary, Alta., will have low exposure to Alberta oil pricing, maintain
ARA Petroleum Tanzania Ltd. completed farm-in of the Ruvuma petroleum sharing agreement in Tanzania when Ndovu Resources Ltd., a wholly owned subsidiary of Aminex, transferred 50% interest in the PSA to APT.
Petróleo Brasileiro SA Petrobras has initiated the process to sell a cluster of 11 onshore production concessions in various cities in the state of Sergipe, onshore Brazil, jointly called the Carmópolis cluster.