acquisitions and divestitures
-
Norwegian operator sells its nonoperated stake in the Corrib gas project
-
Asset sale includes stakes in the Mariner and Culzean projects in the North Sea.
-
A trio of service companies will serve as proposed “stalking horse” bidders in the court-supervised sale process, which will be facilitated through Chapter 11 filing.
-
The operator is exercising its right of first refusal, negating the previously announced deal with a private equity group.
-
UK major offloads North Sea stake to Tailwind Energy as it continues to adjust its portfolio in the region.
-
A recent symposium focused on acquisitions and divestitures held by SPE’s Gulf Coast Section offered a face-to-face look at the state of oil and gas investing.
-
Oil major sells its holdings in Egypt’s Western Desert.
-
The energy unit of the London-based multinational chemical company is seeking to bolster its ownership of operated offshore assets.
-
The deal follows investor pressure shared across the US shale sector to reduce leverage and capital outflows.
-
The sale of the minority stake is part of its larger 2021 program to raise an average of $4 billion annually by shedding noncore holdings.