Middle East
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of March 31, 2021
Here’s a snapshot of recent energy deals including Ovintiv’s Eagle Ford Shale exit through the $880 million sale of its South Texas assets to Validus Energy plus the all-stock merger of Noble Corp. with Houston-based Pacific Drilling.
Crude Oil , Trade , International
China’s Iran Oil Imports Seen Hitting New High in March
Imports of Iranian oil skirt US sanctions.
Crude Oil , International
India: Saudi Advice on Tapping Stored Oil ‘Undiplomatic’
India has criticized OPEC and Saudi production cuts to support prices.
Highlights , Shale Plays
Best of This Week’s Drilling Activity Highlights (March 26, 2021)
Two new Barnett producers in Tarrant County, Texas, separate Midland Basin discoveries by Hibernia Resources and Endeavor Energy plus a new estimate of Abu Dhabi unconventional resources top this week’s oil and gas drilling activity highlights from around the world.
Drilling , Digital Oilfield , Logistics
NESR, PHX Energy Launch Middle East Directional Drilling Operations
National Energy Services Reunited Corp., a national, industry-leading provider of integrated energy services in the Middle East and North Africa (MENA) region, said on March25 it has successfully started its directional drilling operations in the Middle East in partnership with PHX Energy Services Corp.
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of March 24, 2021
Here’s a snapshot of recent energy deals including Oasis Petroleum’s $510 million midstream deal plus the acquisition of a Pioneer Natural Resources oilfield service subsidiary by oil mogul George Kaiser.
Highlights
Oil and Gas Investor: March 2021 International Highlights
This month’s snapshot of the latest oil and gas drilling activity highlights from around the world includes another look at French oil major Total’s recent announcement regarding its API membership.
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.
Crude Oil , Trade , International
US Becomes India’s Second Biggest Oil Supplier, Saudi Plunges to No. 4
The United States overtook Saudi Arabia as India’s second biggest oil supplier after Iraq last month, as refiners boosted cheaper U.S. crude purchases to record levels to offset OPEC+ supply cuts, data from trade sources showed on Match 15.
Crude Oil , Trade , International
Saudi Arabia Cuts April Crude for Some Asian Buyers, Maintains India Supply: Sources
Saudi Arabia’s reduction in crude supplies comes as OPEC and its allies, a group known as OPEC+, decided earlier this month to extend most of its supply cuts into April.