Monday, December 16, 2024
Apache at crossroads as it pins hopes on Suriname offshore field - oil and gas 360

Apache at crossroads as it pins hopes on Suriname offshore field

Houston’s Apache Corp. is seemingly at a crossroads with the abrupt departure of its exploration chief, mounting financial losses, declining activity in its prized Alpine High discovery in West Texas, and future hopes pegged to striking it big offshore of the small South American nation of Suriname. Just last week, Steve Keenan, Apache’s head of worldwide exploration, left the company,