Asset/portfolio management
TotalEnergies will instead invest in the Rio Grande LNG plant, upstream conventional oil development in the US Gulf of Mexico, and shale-gas production.
Companies largely focused on deepwater acreage in the second Gulf lease sale held under the One Big Beautiful Bill Act.
Enverus analysts say limited development opportunities and lower oil prices restrained deal activity outside North America for a second consecutive year.
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The new partnership assets include pipelines in Pennsylvania, Ohio, and West Virginia serving the Marcellus and Utica shales. -
The deal expands ONEOK’s gas transmission and processing footprint in the Permian, Louisiana, and Oklahoma.
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The deal follows an asset swap on the same acreage earlier in the year and increases Equinor’s natural gas holdings in the region.
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Following 2 years of setbacks, the deal to shift the US supermajor’s assets to a local operator has finally closed.
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The third quarter marked the first reporting period that two publicly traded US oil and gas companies did not combine since 2022.
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Awards related to the 2024 APA round are expected to be announced in early 2025.
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India’s state oil company is accepting proposals from potential technical service partners until 15 September for EOR projects in the Arabian Sea.
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The acquisition marks a significant step forward in H&P’s international expansion strategy.
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The Louisiana-based private producer is taking on more assets previously owned by Shell as it looks to secure its deepwater future.
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The deal significantly expands the company’s position in the Bakken Shale play of North Dakota.
