Chris
Mathews
Hart Energy
TotalEnergies Closes $1.4B Acquisition of Malaysia’s SapuraOMV
TotalEnergies acquired SapuraOMV’s main assets in blocks SK408 and SK310, both located offshore Sarawak in Malaysia.
In Busy Minerals M&A Year, Freehold Grabs $152MM Midland Interests
Canadian player Freehold Royalties is getting deeper in the Permian with a CA$216 million (US$152 million) Midland Basin acquisition as minerals buyers intensify M&A in the basin.
BP, Pulling Back from Renewables, Enters $5.8B JV with JERA
The 50-50 joint venture with JERA takes shape as BP pulls back from renewables to focus on higher returns and cash flow generation.
CRC's Carbon TerraVault, Net Power to Develop Low Emissions Power Plants
California Resources Corp.'s Carbon TerraVault and Net Power will conduct feasibility studies on locating power plants near underground CO2 storage vaults, according to a news release.
Dow Sells Stake in Gulf Infrastructure Assets to Begin Partnership with Macquarie
Macquire and Dow launch Diamond Infrastructure Solutions to service Dow manufacturing sites along the Gulf Coast in a $2.4 billion deal.
Chevron Closes $6.5B Sale of Canadian Oil Sands
Canadian Natural Resources Ltd. completed its $6.5 billion deal to acquire Chevron’s Canadian oil sands assets as well as a 70% stake in Duvernay Shale assets.
Permian Resources Divests Delaware Basin Midstream Assets to Kinetik
The deal includes approximately 60,000 gross operated acres dedicated by Permian Resources under long-term, fixed-fee agreements for natural gas gathering, compression and processing and crude oil gathering services, Kinetik said.
BW LPG Takes Sixth VLGC Delivery from Avance Gas
The delivery of the BW Rigel vessel marks the sixth vessel delivered to BW from Avance Gas as part of the companies’ $1.5 billion deal for 12 very large gas carriers.
Altus Power Adds 13 MW to Clean Energy Portfolio in Maine
Altus Power has acquired three operational clean energy projects in Maine, adding a total of 12.8 MW of solar energy to its portfolio.
Pickering: Will Improving Drilling Efficiencies Outrun Inventory-led M&A?
Concerns on remaining inventory are a big driver of M&A activity, but improving drilling efficiencies allow for low rig counts to keep high production, says Dan Pickering, the chief investment officer of Pickering Energy Partners.