Energy

Exxon makes fifth discovery offshore Guyana
Energy

Exxon makes fifth discovery offshore Guyana

Exxon Mobil Corporation said it made a fifth new oil discovery after drilling the Turbot-1 well offshore Guyana. Turbot is ExxonMobil’s latest discovery to date in the country, adding to previous discoveries at Liza, Payara, Snoek and Liza Deep. Following completion of the Turbot-1 well, the Stena Carron drillship will […]

Ensco shareholders to approve Atwood Oceanics acquisition
Energy

Ensco shareholders to approve Atwood Oceanics acquisition

Ensco plc said its shareholders have been advised to approve the proposed acquisition of Atwood Oceanics. The acquisition of Atwood Oceanics was advised by independent proxy advisory firm Glass Lewis, has recommended that Ensco shareholders vote “FOR” the proposed all-stock transaction with Atwood Oceanics, Inc., at the company’s upcoming general […]

Energy

Tambuwal Wants NNPC to Explore Oil in Sokoto Basin

Sokoto State Governor, Rt. Hon. Aminu Waziri Tambuwal, has appealed to the Management of the Nigerian National Petroleum Corporation (NNPC), to activate oil and gas exploration campaign in the Sokoto Inland Sedimentary Basin with a view to establishing the volume and value of hydrocarbon deposits there. Governor Tambuwal who led […]