Anadarko posts $1 billion first-quarter net loss

Anadarko Petroleum Corp. recorded a first-quarter net loss of $1.034 billion compared with a fourth-quarter 2015 net loss of $1.25 billion and a first-quarter 2015 net loss of $3.268 billion. Source: News


OTC: Mexico implementing energy reforms, stressing transparency

Mexico plans to issue updates on its bidding process on May 15 for its Round 1 fourth bid involving deepwater and ultradeepwater blocks, panelists told a May 3 session of the Offshore Technology Conference in Houston. Source: News


Production resumes from Oyo-8 well offshore Nigeria

Production has resumed from the Oyo-8 well offshore Nigeria after the Island Constructor light well intervention (LWI) vessel successfully completed work, Erin Energy Corp. reported on May 3. Source: News


Swap deal to boost Statoil’s stake in Lundin

Statoil ASA has agreed to divest its entire 15% interest in Edvard Grieg field on PL338 offshore Norway to Lundin Petroleum AB in exchange for an increased shareholding in Lundin. Source: News