Asset/portfolio management
With $9.6 billion in assets in the market, the focus is shifting from who is exiting Southeast Asia to who is positioning for entry through acquisition, according to Rystad Energy.
Transaction adds 90,000 net acres and 68,000 BOE/D of production as Crescent expands its South Texas footprint.
The deal adds 40,000 B/D of production and expands Cenovus’ SAGD footprint with three Alberta assets.
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The offering includes automatic evaluation of project economics and enhances collaboration to cut the time required for field development planning by up to 50%, according to the companies. -
The transaction is part of a broader strategy by Eni to reduce its oil portfolio in favor of natural gas.
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The deal is expected to support the liquefied natural gas exporter’s Sabine Pass liquefaction expansion project.
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The contractor will see the delivery of its first subsea production systems to Azule Energy.
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A flurry of activity has resulted in several long-term contract extensions.
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The deal is expected to support the liquefied natural gas exporter’s Sabine Pass liquefaction expansion project.
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DJ Basin player enters the Permian Basin with a pair of asset purchases from private-equity vehicles.
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The US-based drilling contractor and well completions company will combine to form the second-biggest service company in North America.
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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.
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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."
