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Oil & Gas Services Firm Is Analyst's 'Favorite Offshore, Levered Oilfield Name'

An update to the market fundamentals and what it means for this Texas-based energy company are provided in a Raymond James report. In an April 23 research note, analyst J. Marshall Adkins reported that demand for offshore oil and gas services is rising due t...

McDermott Awarded Single Largest EPCI Offshore Contract for Saudi Aramco

McDermott International has been awarded a US$3 billion contract for Saudi Aramco. The company will partner with China Offshore Oil Engineering Company to increase production by 300,000 barrels per day. McDermott International Inc. (MDR:NYSE) announced ...

Coverage Initiated on Gulf of Mexico Pure Play Oil & Gas Company

A Stifel report discussed the positive attributes of this Texas-based exploration and development corporation. In a March 8 research note, analyst Michael Scialla reported that Stifel initiated coverage on W&T Offshore Inc. (WTI:NYSE) , a Gulf of Mexico pure play, oil ...

Teekay Offshore Shares Spike 30% Higher on Brookfield Merger Agreement

Teekay Offshore Partners shares are trading more than 30% higher today on news that Brookfield Business Partners will be purchasing all un-owned common units of the firm for $1.55 per share. This morning Hamilton, Bermuda based Teekay Offshore Partners L.P. (TOO:NYSE...

'Early Fireworks with Attractive Acquisition' of Assets from ExxonMobil

The deal and its benefits to the energy firm are addressed in a ROTH Capital Partners report. In a June 27 research note, ROTH Capital Partners analyst John White reported that W&T Offshore Inc.'s (WTI:NYSE) proposed acquisition of assets from ExxonMob...

Energy Company Divests Stake in Offshore Gasfield

How the transaction benefits the London-based oil and gas firm is outlined in a Pareto Securities report. In an Oct. 21 research note, Pareto Securities analyst Tom Erik Kristiansen reported that Panoro Energy ASA (PEN:OSE; 1PZ:FRA) agreed to sell its noncore stake ...

Oil Encountered in Offshore Guyana Well Positive for Adjacent Explorer

The result and what it means for a neighboring energy firm are provided in a Pareto Securities report. In a Jan. 2 research note, Pareto Securities analyst Tom Eric Kristiansen reported that an energy company with property adjacent to that of Eco Atlantic Oil & Gas L...

Trillion Energy's (CSE:TCF) West Akcakoca well enters production

Trillion (TCF) has released flow test results for the West Akcakoca-1 well at the SASB gas field offshore Turkey The company perforated the well for a total of 7 m of natural gas pay on March 24, 2023, with flow tests coming in at a rate of 5.9 MMcf/day ...

Trillion Energy (CSE:TCF) reports further production growth

Trillion (TCF) has unveiled flow test results for the Guluc-2 natural gas well at the SASB gas field offshore Turkey Flow rates peaked at 16.35 MMcf/day with an initial production rate of about 6 MMcf/day Results stem from only 6 of 73 m of gas pay ...

Trillion Energy’s (CSE:TCF) Bayhanli-2 gas well enters production

Trillion Energy International Inc. ( CSE: TCF ) ( OTCQB: TRLEF ) (Frankfurt: Z62) announced flow test results for the Bayhanli-2 natural gas well at the SASB gas field, offshore Turkey. Eight intervals of gas pay with a true thickness of about 21 metres were perfor...
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