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 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.
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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.
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The vessel has been under bareboat charter with the company since its delivery in June 2020.
