Chris
Mathews
Hart Energy
BP to Buy Out Bunge’s Stake in Brazilian Biofuels JV
BP’s acquisition of Bunge’s stake in BP Bunge Bionergia is expected to close by year-end 2024, pending regulatory approvals.
TGS to License Tanzania’s Offshore Subsurface Data
TGS, in an agreement with Tanzania’s Petroleum Upstream Regulatory Authority, reserves the right to license all of the country’s offshore data, acquire future seismic data and reprocess existing data.
Chesapeake COO: Shale Gas Basins See Exploration, Step-out Activity
U.S. gas producers continue to wade through low commodity prices, a situation made even stickier by record Permian gas production, said Chesapeake COO Josh Viets. But with a “constructive” natural gas market on the horizon, producers are consolidating and exploring for drilling runway.
Crestwood’s Wannarka Joins EnergyNet as CFO, COO
Wannarka brings public-equity finance, investment banking and investor relations experience to the upstream A&D brokerage.
ONEOK Closes $280MM Deal for NGL Pipelines East of Houston
ONEOK Inc. plans to attach the network to its Mont Belvieu, Texas, facilities.
Laying in Wait: San Juan’s ‘Remarkable’ Mancos Shale Oil Wells
The past decade has been difficult for the San Juan Basin, which suffered from a lack of activity and exits by major operators. But experts say inventory-hungry operators shouldn’t overlook the San Juan’s long-term potential.
SLB and Aker Carbon Capture Close $380MM Joint Venture
SLB and Aker Carbon Capture have closed a deal to combine technology portfolios for carbon capture solutions.
TotalEnergies to Sell Subsidiary for $259MM to Malaysian E&P
TotalEnergies is selling its subsidiary TotalEnergies EP (Brunei) BV, which owns interests and is the operator for a mature field offshore Brunei.
Phillips 66 to Sell Interests in Rockies Express Pipeline to Tallgrass
Phillips 66’s sale to Tallgrass will generate $685 million in proceeds following debt and equity adjustments.
Sea Power: Noble’s Deal Fires Major Volley in Offshore, Services M&A
Noble Corp.’s $1.6 billion acquisition of Diamond Offshore Drilling may seem like small potatoes compared to the upstream sectors’ massive megadeals, but service sector consolidation could snowball, analysts said.