Asset/portfolio management
The deal between the Republic of the Congo and the Chinese oil and gas company aims to develop the Banga Kayo, Holmoni, and Cayo blocks and raise national oil output to 200,000 B/D by 2030.
A total of 20 companies submitted applications for new exploration blocks offshore Norway.
The SPE Asset Management Technical Section (AMTS) is teaming up with the University of Houston to launch a pilot program that advances asset management practices and supports the growth of energy professionals worldwide—setting a model for future collaborations between universities and SPE technical sections.
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The Permian Basin operator said the purchase ‘checks all the boxes’ it looks for in an acquisition. -
BP and Equinor win four deepwater exploration blocks in the C-NLOPB’s call for bids.
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The deal upon closing at year-end would expand Marathon’s position in the south Texas shale play by 130,000 net acres.
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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.
