Asset/portfolio management
The transaction broadens the company's North Sea footprint with long-life assets that boost production and reserves.
The deal adds over 1,000 potential drilling locations and almost doubles oil production for Houston-based Magnolia.
The deal is the largest acquisition in Mitsubishi Corp.'s history and adds one of North America's leading shale gas assets to its portfolio.
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A Kimmeridge Energy executive said at the Unconventional Resources Technology Conference that he wants to "make unconventional resources investable in a low-carbon world." -
The deal with XTO Energy adds about 62,000 net acres to Chord’s inventory.
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Grupo Carso is securing a significant interest in the field ahead of final investment decision.
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The deal is expected to add over $1 billion in annual free cash flow to Chevron’s bottom line.
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Magellan will be merged into a newly created 100% wholly owned subsidiary of ONEOK, which anticipates an 'increased presence in sustainable fuel and hydrogen corridors.'
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The $540 million joint acquisition is expected to close in June.
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Eagle Ford sees ‘surprising resurgence’ as buyers look to secure the play’s mature assets.
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The independent sells out of south Texas shale, while expanding its Permian presence in separate deals.
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It takes only 3 days for an LNG carrier or oil tanker to reach India from East Africa where Tanzania is destined to become an LNG exporter together with its neighbor Mozambique and a transit point for Ugandan oil exports.
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The French supermajor calls deal "more straightforward" than spin-off of business.
