North America
Mexico Pacific Signs Long-term SPA with Korea’s POSCO International
Mexico Pacific and Korea’s POSCO International Corp. signed a 20-year sales and purchase agreement for the Asian company to acquire 0.7 mtpa of LNG from the proposed the Saguaro Energía LNG facility on Mexico’s Pacific Coast.
Geospace Technologies Sells Seismic Data Nodes to SAExploration
SAExploration exercised its purchase option from an existing rental contract to make the purchase of seabed ocean bottom wireless seismic data acquisition nodes.
Harbour to Close $11.2B Wintershall Dea Deal Earlier Than Expected
Harbour Energy expects to finalize the purchase of Wintershall Dea’s upstream assets in early September after initially expecting a fourth-quarter 2024 close.
E&P Highlights: Aug. 26, 2024
Here’s a roundup of the latest E&P headlines, with Ovintiv considering selling its Uinta assets and drilling operations beginning at the Anchois project offshore Morocco.
Engelhart Completes Acquisition of Global Commodities Trader Trailstone
Engelhart Commodities Trading Partners’ acquisition marries its power, gas and oil trading business with Riverstone-backed Trailstone, which is largely focused on renewables power trading.
TGS Awarded OBN Contract in North America
The ocean bottom node data acquisition contract is a four-month extension to one of TGS’ previous contracts.
E&P Highlights: Aug. 19, 2024
Here’s a roundup of the latest E&P headlines including new seismic solutions being deployed and space exploration intersecting with oil and gas.
TC Energy Completes NatGas Transmission System Sale
TC Energy Corp. and its partner Northern New England Investment Co. have completed the sale of the Portland Natural Gas Transmission System for US$1.14 billion.
Mexico Energy Forum: Election Impacts on US-Mexico Energy Trade
Mexico Energy Forum President Roberto Salinas León shared his thoughts with Oil and Gas Investor on a number of themes related to recent elections in Mexico.
IOCs See Opportunity in Offshore Mexico, Despite Potential for Policy Changes
Five IOCs with offshore experience and capital—Eni, Harbour, Talos, Wintershall Dea and Woodside—continue to pursue promising opportunities offshore Mexico despite the country’s energy sovereignty push in favor of state-owned entities Pemex and CFE.