ExxonMobil continues to make progress on the company’s long-term growth plans by investing through the commodity price cycle to capture high-value opportunities and grow earnings and cash flow potential.

Global Marine Group, a leading provider of subsea cable installation and maintenance services to the telecommunications, offshore renewables, utility and oil & gas markets worldwide, announces an affiliate of J.F. Lehman & Company (“JFLCO”), a leading middle-market private equity firm focused exclusively on aerospace, defense, maritime, government and environmental sectors, has completed the acquisition of the Company for an enterprise value of $250 million.

Toronto Venture Stock Exchange has recognized Kraken Robotics as a 2020 Top 50 Company. The TSX Venture 50 is a ranking of the strongest companies on TSX Venture Exchange by share price appreciation, trading volume amount, and market capitalization growth.

Talos Energy Inc (NYSE: TALO) has announced full year 2020 operating and financial guidance. The Company also announced that it expects to close the previously announced acquisition of affiliates of ILX Holdings, among other entities (the "Acquired Assets", the "Acquisition", or the "Transaction"), on February 28, 2020.

The decision by the government of Papua New Guinea (PNG) to halt talks with ExxonMobil about the state’s share of revenues from the planned P’nyang gas field development is set to delay two key liquefied natural gas (LNG) projects that would double the country’s gas output, Rystad Energy estimates show.

Ayming US, the international business performance consultancy, shares insights that R&D tax credits are key to oilfield services’ transformation in the midst of the energy transition.

Natural gas production from Indonesia’s legacy fields supplying major liquefied natural gas (LNG) plants is declining through 2030. Gas supply may pick up from 2026 but this depends on the progression of two announced mega natural gas and LNG projects – Gendalo-Gehem and Abadi, says GlobalData, a leading data and analytics company.

Recent discoveries in the Guyana-Suriname basin have proven a wider petroleum system and may cause an upgrade in resource estimates, drawing extra attention to upcoming wells. Meanwhile global oil firms are preparing to spend more than $53 billion in Guyana’s coveted Stabroek Block during the coming decade, Rystad Energy research shows.

At its annual Security Analyst Meeting on March 3, 2020, Chevron Corporation (NYSE: CVX) announced expectations to deliver leading shareholder returns through disciplined capital spending, improved cost efficiency, and continued cash flow growth over the next five years.

Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) announces the closing of the acquisition of affiliates of ILX Holdings, among other entities (the "Acquired Assets," the "Acquisition," or the "Transaction"), on February 28, 2020. The Transaction was previously announced on December 10, 2019. Concurrently with the closing of the Transaction, Talos also closed on the increase of its borrowing base to $1,150.0 million.

Global demand for liquefied natural gas (LNG) grew by 12.5% to 359 million tonnes in 2019, according to Shell’s latest annual LNG Outlook published today – a significant increase that bolsters LNG’s growing role in the transition to a lower-carbon energy system.

Of the four countries in the Oceania region, Australia is the only one expected to add oil and gas production in 2020 compared to the previous year.

McDermott International, Inc. announces that the Company intends to move forward with the previously announced share and asset purchase agreement to sell all of the Lummus Technology business to a joint partnership between The Chatterjee Group and Rhône Capital (the "Joint Partnership").

Out of a global total of 28 floating production, storage and offloading (FPSO) vessels that are under construction, 22 are being built at shipyards in China, South Korea and Singapore. Rystad Energy expects the outbreak of the coronavirus disease known as COVID-19 to cause extensive staffing and supply shortages in these countries that will in turn delay project deliveries by at least three to six months.

Brazil’s natural gas demand is set to climb to a record in 2020‒2021 at 39 billion cubic meters (bcm) per year, giving the country one of its biggest demand-supply deficits in history. After that, however, surging production could make the country a net gas exporter from as early as 2025, a Rystad Energy analysis showed.

Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) will host its first-ever analyst and investor event on Thursday, March 12, 2020 at 2:00 PM Eastern Time, during which members of Talos's management team will discuss the Company's strategic and execution milestones, assets, portfolio and future outlook for the business, among other topics.