In this first installment of a two-part series, Oil and Gas Investor managing editor Susan Klann discusses an emerging source of capital for the energy industry—the family office. With fewer constraints and generally a longer investment window, high net worth families are investing more heavily—and more directly with E&P and midstream companies.
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SM Energy Targets Prolific Dean in New Northern Midland Play
2024-05-08 - KeyBanc Capital Markets reports SM Energy’s wells “measure up well to anything being drilled in the Midland Basin by anybody today.”
Equinor Acquires Stake in Standard Lithium Smackover Projects
2024-05-08 - Equinor’s transaction, completed effective May 7, includes interests in Standard Lithium’s flagship South West Arkansas Project and East Texas properties.
Ørsted Exec: Offshore Wind Picking Up Speed, Despite Challenges
2024-05-08 - The offshore wind sector is regaining momentum in the U.S., with 250 turbines coming in the next three years compared to seven a year ago, said Troy Patton, head of program execution for Ørsted Americas.
E&P BW Energy Undergoes ‘Technical’ Ownership Restructuring
2024-05-08 - The restructuring will not involve any change to the ultimate control of BW Energy as the shares currently held by BW Group will be sold to BW Energy Holdings.
Vår Selling Norne Assets to DNO
2024-05-08 - In exchange for Vår’s producing assets in the Norwegian Sea, DNO is paying $51 million and transferring to Vår its 22.6% interest in the Ringhorne East unit in the North Sea.