Equinor has exercised its preferential rights to acquire an additional 22.45% interest in the Caesar Tonga oil field from Shell Offshore Inc for a total consideration of USD 965 million in cash. This will increase Equinor’s interest from 23.55% to 46.00%. Anadarko remains the operator with a 33.75% interest, and Chevron retains its 20.25% interest.

Anadarko Petroleum Corporation (NYSE: APC) has announced that its board of directors, in consultation with its financial and legal advisors, has unanimously determined that the revised acquisition proposal it received from Occidental Petroleum Corporation on May 5, 2019 (the "Revised Occidental Proposal") constitutes a "Superior Proposal" as defined in Anadarko's previously announced merger agreement with Chevron Corporation (the "Chevron Merger Agreement").

A new global study conducted by consulting firm Protiviti, in collaboration with ESI ThoughtLab, finds that companies are investing significantly in robotic process automation (RPA) and are planning to dedicate even more resources toward developing their RPA capabilities over the next two years.

Anadarko Petroleum Corporation has confirmed that it has received an unsolicited proposal from Occidental Petroleum Corporation (NYSE: OXY) on April 24, 2019 under which Anadarko shareholders would receive $38.00 in cash and 0.6094 shares of Occidental common stock for each share of Anadarko common stock.

The Maria field in the Norwegian Sea came onstream a year ahead of schedule and ~$370m underbudget.

TGS-NOPEC Geophysical Company ASA has announced that it has agreed on the principle terms for the acquisition of Spectrum ASA, of 2D and 3D seismic data. creating a leading provider.

Exxon Mobil Corporation has announced estimated first quarter 2019 earnings of $2.4 billion, or $0.55 per share assuming dilution, compared with $4.7 billion a year earlier.

Murphy Oil Corporation has announced that its wholly owned subsidiary, Murphy Exploration & Production Company – USA (“Murphy”), has entered into a definitive agreement to acquire deep water Gulf of Mexico assets from LLOG Exploration Offshore, L.L.C. and LLOG Bluewater Holdings, L.L.C., (“LLOG”).

Chevron Corporation says that, under the terms of its previously announced Merger Agreement with Anadarko Petroleum Corporation, it will not make a counterproposal and will allow the four-day match period to expire. Accordingly, Chevron anticipates that Anadarko will terminate the Merger Agreement.

LLOG Exploration Offshore, LLC. and Repsol E&P USA Inc., have announced the signing of an Asset Exchange and Joint Participation Agreement in the deepwater Gulf of Mexico. The agreement provides for the drilling of a delineation well at Repsol’s Leon discovery and covers Keathley Canyon blocks 642, 643, 686 and 687. In addition, Repsol will acquire an interest in the LLOG-operated discovery Moccasin in Keathley Canyon 736.

McDermott International, Inc. reports revenues of $2.2 billion and a net loss of $(70) million, or $(0.39) per diluted share, for the first quarter of 2019. Excluding restructuring, integration and transaction costs, as outlined in an accompanying table, the adjusted net income for the first quarter of 2019 was $3 million, or $0.02 per diluted share.

Prysmian Group, a world leader in the energy and telecom cable systems industry, has refinanced its €1,000 million long-term revolving credit facility with a pool of leading Italian and international banks.

Exploration activity bounced back in 2018 but declining performance points to the limitations of the global exploration drilling opportunity set and the urgent need for its renewal in 2019 and beyond.

Pipeline technology company STATS (UK) Ltd generated 80 per cent of its income in international markets as it posted 2018 revenues of £43.4 million compared to £30 million in 2017.

Anadarko Petroleum Corporation has announced that it intends to resume negotiations with Occidental Petroleum Corporation in response to Occidental's proposal to acquire Anadarko, which was announced by Occidental on April 24, 2019 (the "Occidental Proposal"). As disclosed previously, Anadarko entered into a definitive merger agreement with Chevron Corporation on April 11, 2019 (the "Chevron Merger Agreement").

Chrysaor Holdings Limited is to acquire ConocoPhillips’ UK oil and gas business for $2.675 billion.