Asset/portfolio management
Arcius’ remit covers the Shorouk concession, home to the Zohr gas field whose production decline has been fueled by a lack of investment.
The acquisition will add water infrastructure in both the Midland Basin of west Texas and the Williston in North Dakota.
The environmental impact statement is a required step before another lease sale can be held in the Gulf of Mexico, a move welcomed by the oil and gas industry.
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The acquisition plan supplants earlier merger agreement with new terms and a potential faster timeline for the combination.
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A duo of deals sees BP snapping up a US biogas producer, while TC Energy invests in producing biogas from Jack Daniel's byproducts.
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M&A market activity in the third quarter delivered the best showing of 2022 despite price volatility and a dearth of deals in the prolific Permian Basin.
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SponsoredUse AI and ML to automate workflows and analyze data within minutes. Employ a fit-for-basin approach designed for US-centric workflows.
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The acquisition expands Talos' footprint in the deep GOM, giving it ownership stakes in key infrastructure.
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The Sydney-based company announced it will also seek to exit all of its upstream permits with the exception of its major LNG joint venture.
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The sale had 307 valid high bids worth more than $190 million.
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SPE has established three new technical sections—the Management Technical Section, the Methane Emissions Management Technical Section, and the Data Science & Engineering Analytics Technical Section.
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A Schlumberger, Aker Solutions, and Subsea 7 partnership will collaborate on international subsea projects.
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Eni and TotalEnergies’s newest gas discovery offshore Cyprus confirms geologic ties to Egypt’s Zohr field, the Mediterranean’s largest natural gas field.