mergers and acquisitions
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At more than $140 billion, M&A market activity in the fourth quarter delivered the best showing of the year. -
In a sale agreement valued at $2.4 billion, Shell will move on from its Niger Delta upstream business which it has operated since 1979.
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The acquisition will expand Talos’s deepwater US Gulf of Mexico footprint and increase annual production by an estimated 30,000 BOE/D.
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Houston-based independents will combine to form a company with a production total above 500,000 BOE/D and valued at $21 billion.
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A recent wave of megadeals is weighing on the mind of many oil and gas executives in Texas, New Mexico, and Louisiana.
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The global oil and gas industry’s merger and acquisition arena is ending 2023 with a bang.
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The deal will quadruple Tokyo Gas' natural gas production volumes from the Haynesville Shale.
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Houston-based Occidental said that one reason it is buying private producer CrownRock is to gain more access to the deep, relatively untapped Barnett formation.
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The combined firm aims to create a stronger and more diversified geophysical company and energy data provider.
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Australian explorer purchases minority stakes in Who Dat and Dome Patrol deepwater fields.
