CAIRO—Bahrain is to allow foreign companies to own 100% of oil and natural gas extraction projects in the Gulf state, under an order issued by Prime Minister Sheikh Khalifa bin Salman al Khalifa on June 2, Bahrain News Agency reported.
To be eligible, the foreign parent company must have signed, or be in the final stages of signing, an exploration and production agreement with the government.
2023-09-20 - Vital Energy will use proceeds from the offering to pay off unsecured notes maturing in 2025 and other debt.
2023-09-27 - Proceeds from the notes offering will be used to pay down existing debt, Sitio Royalties said.
2023-10-30 - ExxonMobil Corp., Imperial’s majority shareholder, will make a proportionate tender to maintain the company’s proportionate ownership stake in Imperial Oil.
2023-10-11 - Energy Transfer’s sale of its senior notes is expected to settle on Oct. 13 in accordance with the Securities and Exchange Commission.
2023-09-28 - Net proceeds from the offering are expected to be used to fund a portion of the aggregate purchase price for Western Midstream’s pending $885 million acquisition of Meritage Midstream Services II LLC.