The four-month shutdown was just the latest setback that Shell’s Prelude FLNG facility off northwest Australia has faced since its delayed start-up in 2019.
Through a $10 million private placement in Falcon Oil & Gas, Bryan Sheffield gains exposure to the company’s 1 million net acres in what he says “may become one of the biggest shale plays in the world.”
Santos CEO Kevin Gallagher described the Pavo-1 discovery as a “great result” that could add further material value to the project through a potential low-cost tie-back to the proposed Dorado development plan.
Here’s a snapshot of recent energy deals including the Petro-Hunt’s acquisition of Delaware Basin assets from Admiral Permian Resources.
Here’s a snapshot of recent energy deals including a $1.3 billion acquisition in the D-J Basin by PDC Energy and Chevron’s $3 billion clean energy bet.
ConocoPhillips’ Australian subsidiary now owns a 47.5% interest in Australia Pacific LNG, with Origin Energy and Sinopec owning 27.5% and 25% interests, respectively.
The caution on its growth projects came despite CEO Kevin Gallagher saying the world needs more oil and gas.
Here’s a snapshot of recent energy deals including back-to-back deals by Lime Rock Resources in the Williston Basin and Eagle Ford Shale totaling $358.5 million plus a slew of transactions completed by the end of the year.
Here’s a snapshot of recent energy deals including Earthstone Energy’s entry into the Delaware Basin plus the closing of Pioneer Natural Resources’ $3.25 billion exit from the Permian sub-basin.
The world's first liquefied hydrogen carrier left Japan on Dec. 24 to pick up its first cargo in Australia, with a return to Japan expected around late February, Kawasaki Heavy Industries Ltd. said.