Mediterranean Sea

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of March 17, 2021

Here’s a snapshot of recent energy deals including the closing of the $465 million acquisition of Williston Basin private operator Bruin E&P by Enerplus plus a merger agreement between Houston-based oilfield services provider Frank’s International and Expro Group.

March 17, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of March 10, 2021

Here’s a snapshot of recent energy deals including the closing of Riley Exploration Permian’s all-stock merger with Tengasco plus Chevron’s $1.32 billion buyout of Noble Midstream.

March 10, 2021

Field Development , Subsea , Pipelines

Subsea Pipeline Could Double Israeli Gas Exports to Egypt

The new pipeline would have an annual capacity of about 10 Bcm, according to the Israeli energy minister.

March 9, 2021

Exploration & Production , Policy & Regulations

Israel, Cyprus Agree on Framework for Settling Offshore Gas Dispute

Development of the Aphrodite gas field in Cypriot waters has been held up because a small part of it stretches into Israel’s maritime zone and another gas field there. The Cypriot field was first discovered in 2011.

March 9, 2021

Field Development

Energean’s First Gas from Israeli Fields Faces Possible Delay

Energean said on Jan. 21 there were delays in increasing the workforce building its FPSO vessel in Singapore, which was due to sail to Israel toward the end of the third quarter.

January 21, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Jan. 20, 2021

Here’s a snapshot of recent energy deals including the closing of ConocoPhillips’ $13.3 billion acquisition of Concho Resources, one of the largest independent shale producers in the Permian Basin. 

January 20, 2021

Field Development

Energean Approves Israel Gas Field Development

The Karish North field, which was discovered less than two years ago, is expected to start production in the second half of 2023, the company said in a statement.

January 14, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Jan. 13, 2021

Here’s a snapshot of recent energy deals including the closing of Devon’s all-stock merger with WPX plus Pioneer completed its acquisition of Parsley creating a premier Permian independent energy company.

January 13, 2021

Exploration & Production , International

Turkey, Greece to Resume Suspended Talks over Disputed Waters

Turkey and Greece are at odds over the extent of their continental shelves in the Mediterranean, energy rights in the region, air space and the status of some islands in the Aegean Sea.

January 12, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Jan. 6, 2021

Here’s a snapshot of recent energy deals including the closing of Cenovus Energy’s nearly $5 billion acquisition of Husky plus a $215 million deal in the Powder River Basin.

January 6, 2021