Pietro D
Pitts
Hart Energy
India's Top Explorer ONGC Signs MoU with France's TotalEnergies
Oil and Natural Gas Corp. and TotalEnergies will evaluate exploration and development opportunities in deep water blocks under the memorandum of understanding.
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.
Chesapeake Energy, Gunvor Sign 15-year LNG Agreement for Haynesville Gas
Under a framework agreement, Chesapeake’s Haynesville Shale gas would supply Gunvor up to 2 million tonnes per annum of LNG over a 15-year period.
NGL Energy Partners Sells Off Marine Fleet to Pay Debt
NGL Energy Partners, a midstream MLP, said it was selling its towboats and tank barges for about $111 million.
Latin America’s A&D Capital: Brazil
A&D opportunities in the Latin America and Caribbean region are primarily found in Brazil, particularly due to state-owned Petrobras and its ongoing efforts to spur competition. At least for now.
Ovintiv Takes an ‘Encouraged but Measured Approach’ to 2023 Drilling, M&A
After a year of expansion in 2022, Ovintiv plans on a positive but cautious approach to M&A while bringing wells online in the Permian, Montney, Rockies and the Anadarko this year.
EIG Acquires 25% of Repsol’s Global Upstream Business for $4.8 Billion
EIG’s acquisition of Repsol Upstream includes U.S. assets in the Marcellus Shale, Alaska’s North Slope, the Gulf of Mexico and the Eagle Ford Shale.
Equinor Buys Suncor Energy UK in $850 Million Deal
The Suncor transaction will add approximately 15,000 boe/d to Equinor's production in 2023, the Norwegian company said.
Baytex Energy Stock Takes Hit as Investors Weigh $2.5B Ranger Oil Deal
Baytex Energy’s acquisition of Ranger Oil Corp. is financially accretive and adds much-needed inventory, but analysts and investors have questions about the $2.5 billion deal.
Aramco Acquires Valvoline Global Operations for $2.65 Billion
Aramco’s acquisition of the storied Valvoline brand will advance its lubricants business to global markets.