Anadarko Petroleum Corporation Identifies Natural Gas Discovery
nadarko Petroleum Corporation (NYSE:APC) announced that they have discovered a new natural gas accumulation contained within the Offshore Area 1 of the Rovuma Basin of Mozambique.
nadarko Petroleum Corporation (NYSE:APC) announced that they have discovered a new natural gas accumulation contained within the Offshore Area 1 of the Rovuma Basin of Mozambique.
Anadarko Petroleum Corporation (NYSE:APC) has released an update on its U.S. onshore activities, announcing that four of its core operating areas recently surpassed the gross processed production milestone of 100,000 barrels of oil equivalent (BOE) per day.
A brief look at 3 oil exploration hotspots, all of which have already produced multi-billion barrel finds of recoverable crude in the last few years, and that may still hold much more.
The West African offshore oil and gas industry has a history of exploration of more than 50 years, with international majors and smaller firms having held, and relinquished, licences all along the coast since the British discovered oil in the Niger Delta in the late 1950s.
British Petroleum (NYSE:BP) has won approval from the U.S. government for the latest step to start pumping cement into its damaged Gulf of Mexico oil well and the company is currently in a disagreement over a regulatory filing that could indemnify or limit the liability of a company’s contract from penalties and liabilities other than for contamination resulting from operations controlled by the rig owner on or above the surface of the water.
Get our independent commentary on energy trends and companies delivered to your inbox.