acquisitions and divestitures
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The $1.3-billion deal targets DJ Basin assets producing 35,000 BOEPD, and Japex aims to increase that output to 50,000 BOEPD around 2030. -
Contractor realizes big gains on divestment of business unit owned less than a year.
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BlackRock’s Global Infrastructure Partners moves to buy nearly half of the stake in Eni's CCUS subsidiary.
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Japan’s largest power generator is focused on sourcing Haynesville natural gas production for Gulf Coast export as LNG.
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Extensive acreage overlap and existing operational collaboration drove the acquisition decision.
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FPSO Nganhurra, laid up in Malaysia, produced Woodside’s Enfield field until the end of 2018.
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The acquisition expands INEOS’s US upstream footprint and gives it a minority stake in a pair of deepwater Gulf of Mexico producing fields.
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The $206 million deal for the fields offshore Trinidad and Tobago is expected to close in the third quarter of 2025.
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The supermajor believes oil and gas will continue to play a major role in the global energy mix over the next 25 years.
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Operator TotalEnergies and rig owner Vantage Drilling form joint venture to purchase the Tungsten Explorer.
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