The Environmental Protection Agency intends to repeal numerous environmental rules and evaluate rules related to wastewater regulation on oil and gas production.
Murphy Oil CEO Hambly said the FPSO’s location in the Wilcox trend allows for “operated and non-operated exploration prospects to tie back to a cost-advantaged facility.”
Continental, Türkiye Petrolleri, and TransAtlantic Petroleum will begin commercial development of unconventional oil and gas resources in two regions of Türkiye.