Darren
Barbee
Oil and Gas Investor
Equinor, EnBW Eye Joint Wind Developments Offshore Germany
Equinor and EnBW hope to add to their energy transition portfolios with joint development offshore wind projects in Germany, advancing the individual companies’ energy transition goals.
TotalEnergies and Corio to Joint Develop Offshore Wind in Taiwan
The joint venture between TotalEnergies and Corio Generation to develop the Formosa 3 offshore wind project in Taiwan is yet another in a history of joining forces to develop renewable energy projects.
BP, Deep Wind Offshore Form Offshore Wind Joint Venture
BP is entering the South Korea offshore wind market in a joint venture agreement with Deep Wind Offshore.
UGI Energy, Archaea Energy to Joint Develop RNG Facility in Pennsylvania
UGI Energy and Archaea Energy have entered into the Aurum Renewables joint venture to develop a renewable natural gas facility capable of producing 5,000 MMBtu per day.
Energy A&D Transactions from the Week of Feb. 1, 2023
Here’s a snapshot of recent energy deals including Diamondback Energy completing its $1.55 billion deal to acquire Midland Basin acreage and E&P Arena Energy LLC closing its acquisition of Cox Operating LLC's interests in the Eugene Island 330 and South Marsh 128 oil blocks.
Red Leaf, Ute Energy to Collaborate on Uinta Basin Projects
Red Leaf Resources and Ute Energy will jointly develop Uinta Basin assets, including a refinery and proposed transloading facility.
Maha, Mafraq Energy Enter Joint Operating Agreement in Oman
Maha’s partnership with Mafraq Energy marks a milestone as Block 70 aims for commercialization.
Energy A&D Transactions from the Week of Jan. 25, 2023
Here’s a snapshot of recent energy deals including Chesapeake Energy’s $1.4 billion deal to sell Eagle Ford Shale acreage in the Brazos Valley region to WildFire Energy, and Matador Resource’s $1.6 billion bolt-on acquisition in the northern Delaware Basin.
Frontera, CGX Start Drilling Wei-1 Well in Guyana
The joint venture between CGX Energy Inc. and Frontera Energy Corp. begins drilling in Guyana as the region becomes an oil exploration hot spot.
Chevron, Hyzon, Raven Partner in Waste-to-Hydrogen Project
The California facility is expected to produce up to 2,400 metric tons per year of hydrogen and come online in first-quarter 2024, the companies say.