Remove 2025 Remove Crude Oil Remove Maintenance
article thumbnail

Murphy Oil to acquire BW Pioneer FPSO in Gulf of America for $125 million

Oil & Gas 360ยบ

The gross purchase price is $125 million, subject to customary closing adjustments, and includes an initial approximate $100 million payment upon delivery by the end of first quarter 2025. The remaining balance will be due when certain contractual obligations are met, which is expected by the end of second quarter 2025.

Oil 130
article thumbnail

Profit Warnings and Production Cuts: Shell Faces Tough Energy Headwinds

Rextag

ANALYSTS REACT TO WEAKNESS IN KEY DIVISIONS Despite the negative trading update across Shell's oil, gas, and power businesses, analysts from RBC Capital Markets, Biraj Borkhataria, and Adnan Dhanani indicated that the broader outlook and shareholder returns for 2025 should remain unaffected. million oil-equivalent barrels per day.

Energy 40
article thumbnail

Oil and Gas โ€“ Unburdened by What Has Been

Aresco

The Positive Impact of Donald Trumps Reelection on the Oil and Gas Industry With Donald Trumps recent reelection, the American oil and gas industry is eagerly anticipating a new era of supportive policies and regulatory changes designed to prioritize energy independence and economic growth. In 2018, U.S.

Oil 52