Africa
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of March 3, 2021
Here’s a snapshot of recent energy deals including Permian Basin acquisitions by U.S. Energy Development comprising interests in oil development projects in the Delaware Basin.
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of Feb. 24, 2021
Here’s a snapshot of recent energy deals including a series of transactions in the Duvernay Shale as both Shell and Ovintiv exit the play plus Continental Resources reveals itself as the buyer of Samson Resources’ Powder River Basin position.
Field Development
Israel to Link Leviathan Gas Field to Egypt LNG Plants, Minister Says
Israel and Egypt have agreed to build a pipeline to connect Israel’s offshore Leviathan natural gas field to LNG terminals in northern Egypt, the Israeli minister said on Feb. 21.
Subsea
TechnipFMC Wins Subsea Tieback Contract for Two Concessions Offshore Egypt
TechnipFMC has been awarded a significant integrated iEPCI contract on Feb. 17 by NIpetco and PetroAmriya, two joint ventures between Energean and Egyptian Natural Gas Holding Company (EGAS) and Egyptian General Petroleum Corporation (EGPC) for a subsea tieback located offshore Egypt on the North El Amriya and North Idku concession.
Exploration & Production , Lease Sales
Egypt Announces Oil, Gas Bid Round for 24 Blocks
The round includes nine blocks in the Mediterranean Sea, 12 in the Western Desert and three in the Gulf of Suez, an oil ministry source told Reuters.
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of Feb. 17, 2021
Here’s a snapshot of recent energy deals including the $2.2 billion all-stock combination of Canadian oil producers ARC Resources and Seven Generation plus Energy Transfer’s multibillion-dollar acquisition of Enable Midstream.
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of Feb. 10, 2021
Here’s a snapshot of recent energy deals including Northern Oil and Gas’ expansion into the Marcellus Shale with a $250 million acquisition from India’s Reliance plus Japanese trading house Sumitomo’s U.S. shale exit.
Public Capital , Exploration & Production , Acquisitions & Divestitures
Tullow Oil to Sell West Africa Assets for Up to $180 Million
The sale will help Tullow Oil reduce its $2.4 billion debt pile, which is around four times the size of its current market cap of $577 million.
Investment , Earnings , Field Development
Equinor Halts Tanzania LNG Project, Writes Off $982 Million
Norwegian energy company Equinor is shelving plans for a LNG development in Tanzania, arguing it would not be sufficiently profitable, but could revive the project at a later date, it said on Jan. 29.
Highlights
E&P Plus: January 2021 International Drilling Activity Highlights
Check out the latest oil and gas drilling activity highlights from around the world including a new gas condensate find in the Norwegian Sea by ConocoPhillips plus Equinor’s latest oil discoveries offshore Newfoundland, Canada.