mergers and acquisitions
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The supermajor follows other oil companies including ExxonMobil, Equinor, and Occidental Petroleum in the hunt to bolster US supplies of lithium. -
The tentative offer has received unanimous support from the board of Australia’s second-largest oil and gas producer.
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Viper Energy is acquiring Sitio Royalties Corp. and its more than 25,000 net acres of royalty interests across major US shale plays.
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The second-largest gas producer in the US is aiming to pump an average of 6.3 Bcfe/D this year.
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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 company said that adding Altair technology to its Xcelerator open digital business platform will create the world’s most complete AI-powered portfolio of industrial software.
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Assets include regasification and power generation facilities along with associated pipelines.
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The Louisiana contractor is buying Kystdesign for an undisclosed sum, expanding its underwater vehicle business.
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The acquisition of the imaging company gives Kraken offices in Colorado and Texas.
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The new company, to be called Whitecap, will be the largest Alberta Montney and Duvernay landholder, sporting 370,000 BOE/D in combined production.
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