As the number of ABS deals has grown, so have investors’ confidence with the asset and the types of deals they are willing to underwrite.
Madrid-based Repsol plans to repurchase and redeem 20 million of its shares in the second half 2024, according to the company’s CEO Josu Jon Imaz.
TotalEnergies expects to take a final investment decision on Suriname Block 58 in the second half of 2024 while searching for its next acquisition in Texas.
Key family offices, whose wealth developed from other industries, are filling in oil and gas investment gaps left by the flight of endowment and institutional capital from the space.
Zachry, an engineering contractor for the Golden Pass LNG project, submitted a settlement agreement in bankruptcy court that would allow Exxon Mobil and QatarEnergy to move forward with the delayed project.
Valaris and Equinor Energy do Brasil’s multi-year contract is valued at approximately $498 million.
Exxon Mobil, Hess and CNOOC are prepared to pump as much as $105 billion into the vast potential of the Stabroek Block.
A warmer-than-normal season could jolt prices.
MOGAS said the contract is part of S-Oil backer Aramco's largest investment in South Korea.
Producers contend with roiled capital markets as consolidation alters the strategic landscape.