Asset/portfolio management
The transaction is expected to strengthen the company's position in Alberta’s oil sands and unlock annual synergies of $54 million.
US buyers are looking for extra shale inventory and added another $18 billion in purchases in October alone.
The UAE project is expected to produce up to 345 MMscf/D by 2029, with expansion potential to 1 Bcf/D.
-
The contractor will see the delivery of its first subsea production systems to Azule Energy.
-
A flurry of activity has resulted in several long-term contract extensions.
-
The deal is expected to support the liquefied natural gas exporter’s Sabine Pass liquefaction expansion project.
-
DJ Basin player enters the Permian Basin with a pair of asset purchases from private-equity vehicles.
-
The US-based drilling contractor and well completions company will combine to form the second-biggest service company in North America.
-
A concurrent deal to sell off some of the acquired assets to Northern Oil and Gas will effectively lower the acquisition cost to $1 billion.
-
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.
-
Grupo Carso is securing a significant interest in the field ahead of final investment decision.
-
The deal is expected to add over $1 billion in annual free cash flow to Chevron’s bottom line.