Marathon Oil completes Kurdistan divestiture

Published by Nicholas Woodroof, Editor
Oilfield Technology, Monday, 03 June 2019 09:00

Marathon Oil Corp. has announced it has closed on the sale of its 15% participating interest in the Atrush Block in Kurdistan, where 1Q19 production averaged 2400 net boe/d (100% oil). As previously disclosed, this divestiture represents a complete country exit for Marathon Oil.

Including this transaction and the recently announced agreement to divest of its UK business, Marathon Oil will have exited from 10 countries since 2013.

Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/03062019/marathon-oil-completes-kurdistan-divestiture/

bp begins oil production from major new platform offshore Azerbaijan

Thursday 18 April 2024 09:15

bp, as operator of the Azeri-Chirag-Gunashli (ACG) project, has announced the start-up of oil production from the new Azeri Central East (ACE) platform as part of the ACG field development in the Azerbaijan sector of the Caspian Sea.

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