Darren
Barbee
Oil and Gas Investor
Salamander JV to Demonstrate Commercial-scale 100-MW Offshore Wind Project
A joint venture between Ørsted, Simply Blue Group and Subsea7, the Salamander Project is one of 13 projects selected and has a proposed capacity of 100 MW.
Energy A&D Transactions from the Week of March 22, 2023
Here’s a snapshot of recent energy deals, including Canadian Pacific Railway’s $27 billion acquisition of Kansas City Southern, the only single-line crude-by-rail railroad connecting Canada, the U.S. and Mexico.
BrightNight and ACEN Form Partnership to Develop Indian Renewables
BrightNight and ACEN plan to deploy $2.5 million equity plus related performance guarantees to develop differentiated hybrid wind-solar projects in India.
Sempra Reaches FID on $13 Billion Port Arthur LNG Project, Closes JV
Sempra Infrastructure is moving forward on building the first phase of Port Arthur LNG, which is expected to cost around $13 billion and closed a joint venture with ConocoPhillips.
Wien Energie, OMV to Joint Develop Geothermal Energy in Vienna Basin
Wien Energie and OMV are partnering in a joint venture to explore deep geothermal energy opportunities, in line with the companies’ separate carbon neutrality goals.
Energy A&D Transactions from the Week of March 8, 2023
Here’s a snapshot of recent energy deals including Carrier Energy Partners' exit from the Eagle Ford Shale and Equinor's purchase of Suncor Energy's U.K. business for $850 million.
HIF Global, Baker Hughes to Joint Develop Direct Air Capture Technology
Baker Hughes’ Mosaic CO2 Direct Air Capture technology planned to expand HIF’s synthetic fuels production capabilities in Chile, Texas.
Talos, Chevron Expand Bayou Bend CCS Storage to 1 Billion Tonnes
Talos Energy, Chevron and Carbonvert’s Joint Venture, Bayou Bend, buys 100,000 onshore acres, quadrupling its storage capacity to 1 billion tonnes.
Riley Permian, Conduit Power Form JV to Build New Power Infrastructure
The project will use captured flared natural gas to power Riley Permian's operations in Yoakum County, Texas.
Verde Clean Fuels, Diamondback Energy’s Cottonmouth Partner to Tackle Flaring
Diamondback Energy subsidiary Cottonmouth has formed a joint venture with Verde Clean Fuels to turn associated natural gas that would have been flared into low-carbon gasoline in the Permian Basin.