Energy A&D Transactions from the Week of July 1, 2020
Here’s a snapshot of recent energy deals including a $5 billion divestiture by BP as the London-based major shifts its focus to low-carbon energy.
Saipem Scores Baltic Pipe Deal worth $350 Million
Saipem has been awarded a contract by Gaz-System SA for the transportation and installation of a natural gas pipeline between Denmark and Poland in the Baltic Sea.
Energean Ups Gas Estimates in Its Israeli Karish North Field
The Karish North Field, according to an expert report typically used in the industry, contains 2C resources of 34 billion cubic meters (Bcm) of gas and 39 million barrels (MMbbl) of oil.
Best Of This Week’s Drilling Activity Highlights (March 6, 2020)
Marcellus and Haynesville well completions by Chesapeake Energy plus EOG Resources’ recent Eagle Ford and Wolfcamp shale discoveries top this week’s drilling activity highlights from around the world.
Lebanon Plans To Begin Drilling For Oil, Gas Offshore This Week
A consortium of France’s Total, Italy’s Eni and Russia’s Novatek signed an agreement with Lebanon in 2018 to explore for oil and gas in two offshore blocks.
Best Of This Week’s Drilling Activity Highlights (Feb. 21, 2020)
Three Haynesville producers in De Soto Parish, La., Marathon Middle Bakken completions and a Barnett Shale discovery by Devon Energy top this week’s drilling activity highlights from around the world.
Egypt Agrees To Deepwater Exploration Deal With Exxon Mobil, Chevron, Others
Egypt has reached initial agreements with five major energy firms to explore for oil and gas in deep waters in off its western coast on the Mediterranean, the petroleum minister said.
Noble Energy Takes Over $1 Billion Charge Related To Eagle Ford Assets
Noble Energy President Brent Smolik, in a post-earnings conference call, said the company would consider monetizing the Eagle Ford Shale asset "if somebody came with a big enough check."
Israel’s Leviathan Gas Group Seeks Partners To Expand
Central to progress will be a multibillion-dollar FLNG terminal that would float in the eastern Mediterranean and allow exports to Europe, Yigal Landau, CEO of Ratio Oil, a minority partner in Leviathan, told Reuters.
Delek Expects Leviathan Expansion Investment Decision In 2020
The offshore Leviathan project came online a month ago and is already supplying Egypt and Jordan with natural gas.