Here’s a snapshot of recent energy deals including the closing of Devon’s all-stock merger with WPX plus Pioneer completed its acquisition of Parsley creating a premier Permian independent energy company.
Turkey and Greece are at odds over the extent of their continental shelves in the Mediterranean, energy rights in the region, air space and the status of some islands in the Aegean Sea.
Here’s a snapshot of recent energy deals including the closing of Cenovus Energy’s nearly $5 billion acquisition of Husky plus a $215 million deal in the Powder River Basin.
Energean, which currently holds 70% interest in its Israeli unit, said it would pay private-equity firm Kerogen Capital between $380 million and $405 million to acquire the remaining stake.
EU foreign ministers said on Dec. 7 that Turkey had failed to help end a row with Greece and Cyprus over potential gas resources in the eastern Mediterranean.
Ascent Resources and CNX Utica Shale completions, a Louisiana Austin Chalk venture plus two significant discoveries reported in Egypt top this week’s drilling activity highlights from around the world.
The countries held three rounds of talks in October hosted by the United Nations at a peacekeeper base in southern Lebanon.
Two other vessels along with Oruc Reis will continue work in an area southeast of the Greek island of Rhodes until Oct. 27, Turkey’s Navy said in a maritime notice.
President Tayyip Erdogan said in August the field north of the Turkish coast in the Black Sea contained 320 Bcm of gas, making it Turkey's biggest natural gas discovery.
Check out the latest oil and gas drilling activity highlights from around the world featured in the October issue of E&P Plus including Apache’s recent discovery offshore Suriname plus additional reservoirs in Guyana’s Stabroek Block.