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/

McDermott awarded offshore contract by Brazil's BRAVA Energia

Friday 11 July 2025 10:30

Under the contract scope, McDermott will execute the transportation and installation of flexible pipelines, umbilicals and associated subsea equipment for two new wells at the Papa-Terra field and two new wells for the Atlanta Phase 2 development.

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