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Oil and Gas

Murphy Oil Sells King's Quay FPS

Murphy Oil subsidiary, Murphy Exploration & Production Company – USA, closed the transaction for the sale of its entire 50%  stake in the Kin's Quay floating production system and associated export lateral pipelines in the Gulf of Mexico. The King's Quay FPS will be co-owned in a joint venture with entities managed by Ridgewood Energy […]

May 9 ·United States
Oil and Gas

Talos Energy Acquires QuarterNorth Energy

Talos Energy completed its $1.29 billion cash-and-stock acquisition of QuarterNorth Energy. The deal added approximately 30,000 boe/d of deepwater Gulf of Mexico production. QuarterNorth is a privately-held U.S. Gulf of Mexico exploration and production company with ownership in several prolific offshore fields.

May 9 ·United States