Darren
Barbee
Oil and Gas Investor
Exclusive: Select Energy Services to Rebrand, Announces Multiple Permian Basin Acquisitions
In the first half of 2023, Select Energy Services will rename itself Select Water Solutions to indicate that the company has applications outside traditional oil and gas use.
Equinor Sells Bahamas Oil Terminal to Estonian Firm Liwathon
Liwathon Group said the terminal, being bought from Equinor for an undisclosed sum, will have a phased launch in 2023 as part of a $100 million relaunch.
Column: M&A Critical Path to E&P Value Creation
Public E&P focus has shifted to the sustainability of free cash payouts from ESG and climate concerns, as well as traditionally poor returns of/on capital.
Inside Diamondback: Q&A with Kaes Van't Hof
The Permian pure-play’s president describes the E&P’s thinking in M&A, exploring more zones, monetizing associated gas and raising its E-score, all with an eye on the balance sheet.
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.
ADNOC to Float 4% of its Gas Business in IPO
Following the IPO of its gas business, ADNOC will hold a 91% stake in ADNOC Gas.
Marketed: Overland Energy Partners North Dakota 11-Well Package
Overland Energy Partners IV LLC et al retained EnergyNet for the sale of a producing mineral and royalty interest in an 11-well package located in McKenzie County, N.D.
Marketed: Diversified Energy Custer County, Oklahoma Opportunity
Diversified Energy Co. retained EnergyNet for the sale of a working interest participation option in the Collins "6" OA #2H located in Custer County, Okla
BP Acquires TA for $1.3 Billion
BP’s acquisition of TravelCenters of America will add 280 travel centers across the U.S. to the company’s growing convenience and mobility business.
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.