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Apache Agrees To Sell Australian Operations For $2.1 Billion
Apache Corporation (NYSE, Nasdaq: APA) today announced an agreement to sell its Australian subsidiary Apache Energy Limited to a consortium of private equity funds managed by Macquarie Capital Group Limited and Brookfield Asset Management Inc. (NYSE: BAM) (TSX: BAM.A) (Euronext: BAMA) for cash payment of $2.1 billion. The transaction is expected to close mid-year 2015 and is subject to necessary government and regulatory approvals and customary post-closing adjustments. The effective date of the sale is October 1, 2014.

date.png15 Apr 2015 14:15 | comments.png 0 Comments | tags.png apache australia upstream [ More ]

SEA wins contract to supply Subsea Distribution Units to Apache
SEA, a Cohort plc company, has been awarded a contract to supply subsea distribution units to Apache North Sea Ltd. Under the contract, its subsidiary J+S will provide subsea distribution units and associated equipment and services for Apache's Ness Nevis project.

date.png11 Apr 2015 19:12 | comments.png 0 Comments | tags.png apache n-america sea services usa [ More ]

Apache Corporation Reports Strong Results From Discoveries In Egypt's Western Desert
Apache Corporation (NYSE, Nasdaq: APA) today reported strong appraisal- and development-drilling results from Egypt following the previously announced discovery of two new oil fields in the Western Desert. The initial discoveries were announced with the fourth quarter 2014 results on Feb. 12, 2015. Development leases were approved by the Egyptian General Petroleum Corporation (EGPC) and Ministry of Petroleum in record time, taking only 13 days from submission of the development plan for Berenice, and only six days for Ptah.

date.png07 Apr 2015 12:43 | comments.png 0 Comments | tags.png africa apache egypt upstream [ More ]

Apache Completes Sale Of Wheatstone LNG, Provides Updated Closing Date For Previously Announced Kitimat LNG Sale
Apache Corporation (NYSE, Nasdaq: APA) today announced that it has completed the previously disclosed sale of the Wheatstone LNG project and accompanying upstream oil and gas reserves to Woodside Petroleum Limited (ASX: WPL) for total proceeds of $2.817 billion.

date.png07 Apr 2015 12:40 | comments.png 0 Comments | tags.png apache australia lng woodside [ More ]

Apache Corporation announces the sale of Wheatstone and Kitimat LNG projects to Woodside Petroleum Limited
Apache Corporation (NYSE, Nasdaq: APA) today announced it has agreed to sell its interest in two LNG projects, Wheatstone LNG and Kitimat LNG, along with accompanying upstream oil and gas reserves, to Woodside Petroleum Limited (ASX: WPL) for a purchase price of $2.75 billion. Apache will also be reimbursed for its net expenditure in the Wheatstone and Kitimat LNG projects between June 30, 2014, and closing which is estimated to be approximately $1 billion.

date.png17 Dec 2014 08:27 | comments.png 0 Comments | tags.png apache australia canada deals lng top woodside [ More ]

Apache Announces First Canning Basin Oil Discovery Offshore Western Australia
Apache Corporation (NYSE, Nasdaq: APA) today announced an oil discovery at the Phoenix South-1 well - the company's first discovery in Australia's offshore Canning Basin.

date.png19 Aug 2014 11:00 | comments.png 0 Comments | tags.png apache australia upstream [ More ]

Apache Completes Sale of Lucius and Heidelberg Gulf of Mexico Developments
Apache Corporation (NYSE, Nasdaq: APA) today announced that it has completed the previously disclosed sale of non-operated interests in the Lucius and Heidelberg development projects and 11 primary term deepwater exploration blocks to a subsidiary of Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) and other interest owners for $1.4 billion. Certain working interest owners in the Lucius oil development exercised their preferential rights to purchase their pro-rata share of Apache's interests in Lucius on the same terms as those negotiated by Freeport-McMoRan.

date.png03 Jul 2014 07:45 | comments.png 0 Comments | tags.png apache freeport-mcmoran gofm n-america upstream usa [ More ]

Apache To Sell Lucius And Heidelberg Gulf Of Mexico Developments For $1.4 Billion
Apache Corporation (NYSE, Nasdaq: APA) today announced that its Gulf of Mexico subsidiary will sell non-operated interests in the Lucius and Heidelberg development projects and 11 primary term deepwater exploration blocks to a subsidiary of Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) for $1.4 billion. The effective date of the transaction is May 1, 2014. The sale is subject to customary closing conditions and is expected to close by June 30, 2014.

date.png14 May 2014 07:00 | comments.png 0 Comments | tags.png apache gofm n-america top upstream usa [ More ]

Apache Agrees To Sell Western Canada Assets For US$374 Million
Apache Corporation (NYSE, Nasdaq: APA) and its subsidiaries today announced an agreement to sell producing oil and gas assets in the Deep Basin area of western Alberta and British Columbia, Canada, for $374 million.

date.png03 Apr 2014 09:23 | comments.png 0 Comments | tags.png apache canada n-america upstream [ More ]

Bumi Armada Bids Bon Voyage To FPSO Armada Claire, Sets Sail For Australia
Malaysia-based international oil and gas offshore oilfield services provider, Bumi Armada Berhad, today launched its Floating Production, Supply and Offloading (FPSO) vessel, the Armada Claire. The Armada Claire is owned and operated by Bumi Armada. The vessel will operate in block WA-49-L of the Balnaves Field, north-west Australia which is owned and operated by Apache Energy Ltd (Apache).

date.png12 Feb 2014 08:21 | comments.png 0 Comments | tags.png apache australia bumi-armada fpso services [ More ]
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