Articles Tagged "NYSE:NBL"

Noble Energy Partners Selling 30 Percent of Leviathan Project to Woodside Energy

Noble Energy, Inc. (NYSE:NBL) announced that the partners in the Leviathan Project (including Noble Energy, Delek Drilling, Avner Oil Exploration and Ratio Oil Exploration) have agreed to sell 30 percent of working interest in the offshore Leviathan licenses to Woodside Energy Ltd. (ASX:WPL).

Giant Exxon Discovery Could Change Deepwater Gulf of Mexico Outlook

Oil companies are hoping this latest major find will provide further justification for speeding up the permit issuing process for deepwater drilling in the Gulf of Mexico.

Offshore Oil Drilling May Continue to Face Impediments

Prior to the Gulf of Mexico oil leak in April, U.S. regulators approved about a dozen permits a month to drill in the shallow waters off the Gulf. Following the spill, a considerably more cautious approach has barely allowed one a month, despite the six-month moratorium only affecting wells in much deeper waters.