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Results 50 articles shown
Strong Interest in Latest UK Licensing Round
Wednesday, November 14, 2018 The UK's latest offshore licensing round has attracted 36 applications covering 164 blocks.
Pioneer Sells Pressure Pumping Assets to Midland Company
Tuesday, November 13, 2018 Pioneer Natural Resources is selling the assets to Midland, TX-based oilfield services company ProPetro for $400MM.
Anadarko to Sell Delaware and DJ Midstream Assets
Thursday, November 08, 2018 Under the $4.015 billion deal, Anadarko will receive $2.0075 billion in cash and the balance in new Western Gas equity.
Croatia Launches Second Onshore License Round
Wednesday, November 07, 2018 Croatia launches its second onshore licensing round.
Vantage Buys Williston Assets in $1.65B Deal
Wednesday, November 07, 2018 Vantage Energy Acquisition Corporation purchases Williston Basin assets from QEP for $1.65 billion.
ExxonMobil's Wood Says Size Doesn't Matter in M&A Deals
Tuesday, November 06, 2018 The world's biggest public energy company doesn't worry about size when it comes to potential deal-making.
Eni and Lukoil Form Offshore Mexico JVs
Tuesday, November 06, 2018 Eni and Lukoil have signed a farm-out deal to transfer participating interests in three shallow-water exploration licenses offshore Mexico, Eni reported.
Serica Boosts Stake in North Sea Assets
Tuesday, November 06, 2018 Serica UK signs a deal to buy additional interests in the Bruce and Keith fields and associated infrastructure in the UK North Sea.
SandRidge Sells Permian Assets; Buys Mid-Con Assets
Monday, November 05, 2018 SandRidge Energy divests Permian assets and picks up assets in the Mid-Continent Basin.
Israel Launches 2nd Offshore Bid Round
Monday, November 05, 2018 Israel announces the launch of its 2nd offshore bid round.
Kuwait Megaproject Hits Utility Milestone
Friday, November 02, 2018 KNPC is retiring existing processing facilities at its Shuaiba refinery and upgrading and expanding its Mina Al Ahmadi and Mina Abdullah refineries.
ConocoPhillips Departs Barnett
Thursday, November 01, 2018 ConocoPhillips has completed the sale of its assets in the Barnett shale play in North Texas to Lime Rock Resources for approximately $230 million.
BP Completes $10.5B BHP Deal
Thursday, November 01, 2018 BP completes its $10.5 billion acquisition of BHP's U.S. unconventional assets.
McDermott to Sell Storage Tank and Pipe Businesses
Wednesday, October 31, 2018 McDermott plans to divest its storage tank business and US pipe fabrication business for more than $1 billion.
Chesapeake Buys WildHorse for Almost $4B
Tuesday, October 30, 2018 Oklahoma-based Chesapeake Energy will acquire WildHorse, which operates in the Eagle Ford and Austin Chalk. (Pictured: Chesapeake's CEO Doug Lawler)
Australian Firm Takes 1st Step in North Sea Push
Friday, October 26, 2018 Talon Petroleum Limited enters into an agreement with Corallian Energy Limited to earn a 10% stake in License P2396.
Mega Deals Push M&A Value to $122.8B in 3Q
Thursday, October 25, 2018 PwC's quarterly report shows that the third quarter's deal value is the highest in four years.
Aramco Signals Chemical Ambitions Beyond Sabic Deal
Wednesday, October 24, 2018 Saudi Aramco's CEO says he has bigger ambitions in petrochemicals beyond the planned $70 billion acquisition of a strategic stake in Sabic.
Weatherford Sells Laboratory Business for $205MM
Wednesday, October 24, 2018 Weatherford is divesting its laboratory and geological analysis business to increase shareholder value.
Petronas Buys into Khazzan Field
Monday, October 22, 2018 Oman Oil Company Exploration and Production has agreed to sell a 10% stake in Block 61, where the Khazzan field is located, to PC Oman Ventures, a wholly owned subsidiary of Petronas.
Jacobs Sells Energy Segment for $3.3B
Monday, October 22, 2018 Jacobs Engineering Group agrees to sell its Energy, Chemicals and Resources segment to WorleyParsons Limited for $3.3 billion.
Petrofac Sells 49 Percent of Mexico Operations
Friday, October 19, 2018 Petrofac completes the sale of 49% of its operations in Mexico to Perenco (Oil & Gas) International Limited.
Earthstone Gains Midland Basin Assets for $950MM
Thursday, October 18, 2018 Earthstone signs two deals to acquire assets in the northern Midland Basin for $950 million in cash and stock.
Equinor Sells Tommeliten Discovery Stake
Thursday, October 18, 2018 Equinor signs an agreement with PGNiG to sell its non-operated interests in the Tommeliten discovery on the Norwegian Continental Shelf for a total of $220 million.
MEG Starts Bidding War After Rejecting $2.34B Husky Offer
Wednesday, October 17, 2018 MEG Energy Corp. rejected a $2.3 billion hostile takeover by Husky Energy Inc. and plans to start a strategic review with an eye to finding another buyer.
Tallgrass and Silver Creek Grow Powder Basin JV
Wednesday, October 17, 2018 Midstream companies Tallgrass Energy and Silver Creek Midstream are expanding their joint venture in Wyoming's Powder River Basin.
Offshore Mozambique Block Goes to Eni
Wednesday, October 17, 2018 Eni has bolstered its presence in Mozambique.
Shell Agrees to $1.9B Sell of Upstream Danish Assets to Noreco
Wednesday, October 17, 2018 Shell has agreed to sell its Danish upstream business to Noreco for $1.9 billion as part of its divestment strategy.
Aker BP Buys King Lear Find
Tuesday, October 16, 2018 Aker BP enters into an agreement with Equinor to acquire its 77.8% interest in the King Lear gas/condensate discovery.
Nine Buys Magnum Oil Tools for About $500MM
Monday, October 15, 2018 Houston-based oilfield services provider Nine Energy Service is acquiring Magnum Oil Tools to enhance its completions technology.
Engie and Caisse Said to Plan $9B Pipeline Bid
Monday, October 15, 2018 Engie SA and a Canadian pension fund plan to offer as much as $9 billion for Petrobras' natural gas pipeline network, according to people with knowledge of the matter.
Oil Majors Offload Gulf of Mexico Fields to Hunt Bigger Finds
Friday, October 12, 2018 Big Oil is giving up looking for singles and doubles in the Gulf of Mexico: Now it's home runs or bust.
Dallas Cowboys Owner Seeks Shale Gas Deals in Haynesville
Tuesday, October 09, 2018 Dallas Cowboys billionaire owner Jerry Jones is exploring a series of takeovers to expand his Comstock Resources Inc. in the Haynesville.
Shell Said to Drop Plan to Buy Stake in Kazakh State Oil Company
Tuesday, October 09, 2018 Shell drops plans to purchase a stake in KazMunayGas National Co. after a due diligence process, according to sources.
$32B Worth of Oil, Gas M&A Deals in 3Q Breaks Record
Thursday, October 04, 2018 Drillinginfo reports that the US saw a 250% increase in mergers and acquisitions activity in the third quarter.
Equinor Rosebank Deal Good for UK Upstream
Wednesday, October 03, 2018 Equinor's deal to purchase Chevron's stake in the Rosebank project is good for the project, the other partners in the project and the UK upstream sector, according to Wood Mackenzie.
Northern Oil and Gas Spends $114.8MM on W Energy Partners Buy
Tuesday, October 02, 2018 Northern acquired W Energy Partners assets and a cash and stock deal.
ConocoPhillips to Divest Timor Sea Acreage
Monday, October 01, 2018 ConocoPhillips to sell its 30% interest in the Greater Sunrise natural gas and condensate fields.
DJR Energy to Acquire $480MM Worth of San Juan Assets from Encana
Monday, October 01, 2018 The deal will provide DJR Energy with 182,000 net acres in the San Juan Basin in New Mexico.
Saturno Brazil Pre-Salt Acreage Goes to Shell and Chevron
Friday, September 28, 2018 Shell and Chevron own equal stakes in the Saturno block
Mexico Oil Auction Winners Stay Positive
Friday, September 28, 2018 BHP Billiton and DEA Deutsche Erdoel are hopeful that the slowdown in bid rounds is a feature of Mexico's political transition and won't be permanent.
Israel, Egypt Gas Partners Buy Control of Key Export Pipeline
Thursday, September 27, 2018 The companies developing Israel's largest natural gas fields and their Egyptian partner have bought control of a pipeline to Egypt.
MPLX Buys Lower Mississippi Export Terminal
Thursday, September 27, 2018 Marathon Petroleum's master limited partnership will rename the facility the Mt. Airy Terminal.
Rosebank Stake Buyer Needs Deep Pockets
Thursday, September 27, 2018 Any buyer for Chevron's stake in the Rosebank field will need to have very deep pockets to fund the capital cost of development, says Wood Mackenzie.
BOEM Sets GOM-wide Lease Sale
Wednesday, September 26, 2018 Lease Sale 252 will offer approximately 14,696 unleased blocks in the GOM Western, Central and Eastern planning areas.
Total to Increase DUC Stake
Wednesday, September 26, 2018 Total agrees to purchase from Chevron all the share capital of Chevron Denmark Inc.
Chevron Gets Rosebank Interest
Wednesday, September 26, 2018 Chevron receives an expression of interest for its share in the Rosebank project, located within the UK Continental Shelf.
$1B of Investments Expected from Ecuador's Latest Licensing Round
Tuesday, September 25, 2018 Ecuador hopes its latest licensing round, which includes eight onshore blocks, will be the start of something big.
W&T Offshore to Divest Select Permian Interests
Tuesday, September 25, 2018 W&T Offshore shares an update on its JV drilling program and plans to sell Permian interests for $56.8 million.
Byron Energy Expands Footprint in Gulf of Mexico
Monday, September 24, 2018 The company has been notified by the BOEM that its bids for three GoM blocks were accepted.