Search results for: Venari

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  • 20 March 2015

    Venari Resources LLC, a deepwater oil exploration and production company in the Gulf of Mexico, was the high bidder on 12 deepwater blocks in the Central Gulf of Mexico offshore lease sale held this week by the Bureau of Ocean Energy Management (BOEM) in New Orleans. The company was successful on 12 of 13 total bids, […]

  • 14 August 2014

    Venari Resources LLC, a deepwater oil exploration and production company in the Gulf of Mexico, has announced it has raised an additional $1.3 billion of equity commitments. Venari’s management and existing private equity and investment firms Warburg Pincus, Kelso & Company, Temasek and The Jordan Company, were joined by several new investors, including GIC, Singapore’s sovereign […]

  • 14 August 2014
    Business & Finance, Operations & Maintenance

    Venari Resources LLC, a deepwater oil exploration and production company in the Gulf of Mexico, has announced that it has raised an additional $1.3 billion of equity commitments. Venari’s management and existing private equity and investment firms Warburg Pincus, Kelso & Company, Temasek and The Jordan Company, were joined by several new investors, including GIC, […]

  • 17 August 2017
    Business & Finance

    Venari Resources, a deepwater oil exploration and production company in the Gulf of Mexico, has appointed a new chief operating officer (COO). The company said on Wednesday that the new COO would be Robert “Bob” Abendschein, formerly a vice president of Anadarko Petroleum. Abendschein joins Venari with over 30 years of experience at Anadarko Petroleum, […]

  • 23 May 2012
    Business & Finance

    Venari Resources LLC , an early-stage company focused on deep water oil exploration in the Gulf of Mexico, today announced that leading investment firms Warburg Pincus, Kelso & Company, Temasek, and The Jordan Company have agreed to make an investment of up to $1.125 billion in the Company. Venari Resources is led by Chief Executive […]

  • 27 July 2016

    Venari Resources, a deepwater oil exploration and production company, has acquired an additional seven percent working interest in the Shenandoah field on Walker Ridge Blocks 51, 52 and 53, in the U.S. Gulf of Mexico.  The company also reported successful results from the Shenandoah #5 appraisal well. The Shenandoah #5 well was drilled on Walker […]

  • 6 January 2015
    Exploration & Production, Project & Tenders

    Chevron Corporation today announced a significant oil discovery at the Anchor prospect in the deepwater U.S. Gulf of Mexico. Anchor is Chevron’s second discovery in the deepwater Gulf in less than a year. “The Anchor discovery, along with the previously announced Guadalupe discovery, are significant finds for us in the deepwater Gulf of Mexico. “We […]

  • 11 December 2019

    Talos Energy has entered into a series of definitive agreements to acquire a broad portfolio of U.S. Gulf of Mexico producing assets, exploration prospects and acreage from affiliates of ILX Holdings, Castex Energy, and Venari Resources for $640 million.

  • 3 December 2015
    Exploration & Production, Project & Tenders

    Marathon Oil Corporation, an exploration and production company based in Houston, has abandoned its wildcat well in the U.S. Gulf of Mexico.  Marathon said on Wednesday that the Solomon exploration well in the Gulf of Mexico had reached its total depth of approximately 34,600 feet on Walker Ridge Block 225. The well did encounter the lower […]

  • 28 January 2015
    Business & Finance

    Chevron Corporation will work with BP Exploration and Production Inc. and ConocoPhillips Company to explore and appraise 24 jointly-held offshore leases in the northwest portion of Keathley Canyon in the deepwater Gulf of Mexico. Chevron will be the operator. “Chevron has a proven track record for delivering superior results in complex deepwater developments,” said Jay […]

  • 29 October 2015
    Project & Tenders

    Chevron has made a significant oil discovery at its Anchor prospect in the Lower Tertiary Wilcox Trend, in the U.S. Gulf of Mexico. In a press release on Thursday, Jay Johnson, executive vice president Upstream, at the California-based oil company, said that the positive results of the company’s appraisal work at Anchor indicate a significant discovery of potentially […]

  • 25 March 2013
    Business & Finance, Research & Development

    Chevron Corporation has announced an oil discovery at the Coronado prospect in the deepwater U.S. Gulf of Mexico. The Walker Ridge Block 98 Well No. 1 encountered more than 400 feet (122 m) of net pay. The well is located approximately 190 miles (308 km) off the Louisiana coast in 6,127 feet (1,868 m) of […]

  • 28 October 2015

    Anadarko, an independent oil and gas company from Texas, has struck oil at another appraisal well testing its 2009 Shenandoah discovery in the U.S. Gulf of Mexico. Located in the Walker Ridge basin, south of Louisiana, the Shenandoah-4 appraisal well, spudded in the second quarter of the year, encountered more than 620 net feet of […]

  • 3 July 2020
    Business & Finance, Business developments & projects, Exploration & Production

    Transocean has been awarded a contract for drilling and completion services on the LLOG-operated Shenandoah project in deepwater of the Gulf of Mexico. LLOG operates the Shenandoah discovery since April 2018. The project is located in the unit comprised of Walker Ridge blocks 51, 52, and 53 in the deepwater GOM, approximately 200 miles south […]

  • 16 October 2019
    Equipment, Project & Tenders

    LLOG Exploration Offshore has placed a subsea tree order with TechnipFMC for its Shenandoah project in deepwater Gulf of Mexico.  This order is the first material equipment order for the Shenandoah project and the first of its kind for subsea trees designed for pressures up to 20,000 pounds per square inch, LLOG noted. “LLOG is […]

  • 16 October 2019
    Equipment, Project & Tenders

    The U.S. Gulf of Mexico operator LLOG has ordered subsea trees from TechnipFMC for its Shenandoah project in the deepwater Gulf of Mexico.

  • 6 January 2015
    Business & Finance, Operations & Maintenance

    Chevron Corporation has announced a significant oil discovery at the Anchor prospect in the deepwater U.S. Gulf of Mexico. Anchor is Chevron’s second discovery in the deepwater Gulf in less than a year. “The Anchor discovery, along with the previously announced Guadalupe discovery, are significant finds for us in the deepwater Gulf of Mexico. We […]

  • 27 April 2018

    LLOG Exploration Offshore (LLOG) has been named operator of the Shenandoah discovery in the U.S. Gulf of Mexico.

  • 13 July 2017
    Business & Finance

    Houston-based oil company Cobalt International Energy has expanded its Anchor unit in the U.S. Gulf of Mexico with two additional units.  Namely, Cobalt has entered into a definitive agreement with its co-owners in the Anchor development to unitize and include Cobalt’s two leases immediately south of the current Anchor unit, Green Canyon blocks 850 and 851, […]

  • 24 January 2018
    Business & Finance

    French oil company Total has further increased its Gulf of Mexico footprint by entering what it claims to be one of the most significant recent discoveries in the U.S. Gulf of Mexico.

  • 25 March 2013

    Chevron Corporation has announced an oil discovery at the Coronado prospect in the deepwater U.S. Gulf of Mexico. The Walker Ridge Block 98 Well No. 1 encountered more than 400 feet (122 m) of net pay. The well is located approximately 190 miles (308 km) off the Louisiana coast in 6,127 feet (1,868 m) of […]

  • 23 October 2014
    Business & Finance, Operations & Maintenance, Research & Development

    Chevron Corporation announced a new oil discovery at the Guadalupe prospect in the deepwater U.S. Gulf of Mexico. The Keathley Canyon Block 10 Well No. 1 encountered significant oil pay in the Lower Tertiary Wilcox Sands. The well is located approximately 180 miles off the Louisiana coast in 3,992 feet of water and was drilled […]