mergers and acquisitions
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Upon closing, the newly combined oil company will boast 135,000 BOE/D and hold around 15 years’ worth of drilling locations in the Permian Basin. -
The deal grows the marine energy services company’s shallow-water GOM fleet by more than 30 vessels.
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The combined company will get a new name and a new focus on offshore renewables and other clean energy projects.
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Altus brings well intervention technologies, including tractor and power mechanical application solutions.
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Azule Energy, a new E&P company, will be independently managed and one of Angola’s largest oil producers.
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The deal enhances the contractor’s presence in West Africa and provides for expansion in Southeast Asia.
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The combined company will control almost 1 million acres in the Williston Basin and daily production over 165,000 BOE/D.
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Deal expands PDC's D-J Basin holdings into northern Adams County, Colorado.
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The second-largest oil and gas producer in the US says the deal will help meet its goal to produce 100,000 B/D of renewable fuel products by decade's end.
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Acquisitive oilfield contractor has been bolstering its water and waste assets for the past half year.
