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US upstream news

Baker Hughes acquires Altus Intervention

Altus Intervention, headquartered in Norway and operating in 11 countries, specialises in fully integrated well intervention solutions, including proprietary technology.

 
 
 
 
 
 

ExxonMobil sells Nigeria shallow water business to Seplat Energy

The sale will include the Mobil Development Nigeria and Mobil Exploration Nigeria equity ownership of Mobil Producing Nigeria Unlimited, which holds a 40% stake in four oil mining licences, including more than 90 shallow water and onshore platforms and 300 producing wells.