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.
-
The approval adds momentum to the Alaska North Slope’s production revival. -
The acquisition deepens Equinor’s holdings in one of is core regions and will add 15,000 BOE/D of new production.
-
The Eagle Ford shale currently represents about 30% of Baytex’s total production.
-
The UK company will purchase oil producing acreage across the northern part of the south Texas Eagle Ford shale play.
-
Nabors expanded its push beyond the oil business by acquiring an Australian solar power company selling a round-the-clock power technology.
-
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.
-
Offshore Eastern Canada is showing signs of life as new project commitments are firmed up and idled projects roar to life.
-
The acquisition of Advance Energy Partners shows that private equity groups are successfully maintaining premium valuations for core assets.
-
M&A market activity in the fourth quarter fell from the third-quarter high to $13 billion.
-
Novatek is reporting a 6.3% jump in 2022 LNG exports, driven by Europe which has shunned Russian pipeline gas while increasing its purchases of Russian LNG.
