Asset/portfolio management
Sale 262 will be the first new auction covering leases in US Gulf federal waters in 2 years.
Equinor and Shell plan to launch the joint venture—initially announced in late 2024—by the end of 2025, pending regulatory approvals.
Japan’s largest power generator is focused on sourcing Haynesville natural gas production for Gulf Coast export as LNG.
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The proposed transaction also would be the first step in establishing a joint venture between BP and ADNOC. -
The massive offshore field inches closer to first production with the filing of the unit development plan with Mexican regulators.
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The approval adds momentum to the Alaska North Slope’s production revival.
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The acquisition deepens Equinor’s holdings in one of is core regions and will add 15,000 BOE/D of new production.
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The Eagle Ford shale currently represents about 30% of Baytex’s total production.
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The UK company will purchase oil producing acreage across the northern part of the south Texas Eagle Ford shale play.
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Nabors expanded its push beyond the oil business by acquiring an Australian solar power company selling a round-the-clock power technology.
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QatarEnergy’s acquisition of a 30% interest in E&P blocks offshore Lebanon with TotalEnergies and Eni expands the company’s East Med portfolio while enabling the Emirate to help mediate Beirut’s longstanding political and economic crisis.
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Offshore Eastern Canada is showing signs of life as new project commitments are firmed up and idled projects roar to life.
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The acquisition of Advance Energy Partners shows that private equity groups are successfully maintaining premium valuations for core assets.
