Gulf of Mexico: 6 of 13

News briefs for June 11, 2020
MARKETS

ENB Briefs: GOM, Equinor, Libya, UK coal free and more

News briefs for June 11, 2020

11 June 2020

Otto CEO steps down
OPERATIONS

Otto CEO steps down

Allen to remain as advisor as hunt for replacement begins

11 June 2020

 Primary goal to move the well into production
OPERATIONS

Construction progresses at Byron's SM58

Primary goal to move the well into production

09 June 2020

PTTEP and Repsol celebrate big oil discoveries offshore Mexico
EXPLORATION

PTTEP and Repsol celebrate big oil discoveries offshore Mexico

Combined 350m of net oil pay a big first for Thai oil company

07 May 2020

Equinor's return to US GoM yields discovery
EXPLORATION

Equinor's return to US GoM yields discovery

Records 60m oil pay in exploration well

07 April 2020

 Capital raise bolsters bank balance
OPERATIONS

Otto slashes wages and work hours to stay afloat

Capital raise bolsters bank balance

06 April 2020

 Board review underway as SM71 scales back production
MARKETS

Otto's chairman resigns to save company

Board review underway as SM71 scales back production

02 April 2020

Byron remains unscathed by COVID-19
OPERATIONS

Byron remains unscathed by COVID-19

Oil producer reports normal business operations

30 March 2020

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