Business/economics
Months of due diligence and evaluation following proposed $18.7 billion deal results in no deal to purchase Australian operator.
The deal between the Republic of the Congo and the Chinese oil and gas company aims to develop the Banga Kayo, Holmoni, and Cayo blocks and raise national oil output to 200,000 B/D by 2030.
The companies said they plan to start deploying digital twin technologies in Oman this year.
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The contractor will install flexible pipe and subsea structures on the field in Block 17 offshore Angola. -
Louisiana-based Commonwealth LNG project takes two steps forward with Baker Hughes order and Kimmeridge investment.
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The transaction will add significant high-quality inventory offset to Permian Resources’ existing core acreage in New Mexico.
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The acquisition of Crestwood Equity Partners extends Energy Transfer’s position deeper into the Williston and Permian basins and provides entry into the Powder River Basin.
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Work is to be executed offshore Congo, the US Gulf of Mexico, Romania, and Germany.
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Occidental has been an investor in the Canadian climate solution firm since 2019.
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A $700-million deal completes the operator's strategy to focus on its gas-rich developments in Pennsylvania and Louisiana.
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The projects are expected to remove more than 2 million metric tons of CO2 emissions annually from the atmosphere.
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Equinor-led project would add gas compression and electrification to the Hammerfest LNG plant.
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Calgary's Strathcona Resources is adding 35,000 BOE/D in a deal that will boost its total output to 185,000 BOE/D.
