West Africa
Public Capital , People , Exploration & Production
Houston-based VAALCO Energy Names New CEO in Strategy Shift
The VAALCO Energy board said it believes newly appointed George Maxwell’s track record of founding, building and selling a successful African energy company will help it achieve its strategy of enhancing its corporate presence in London.
Business , Exploration & Production , Acquisitions & Divestitures
Occidental Petroleum in Talks to Sell Ghana Asset for over $500 Million
The acquisition of Occidental Petroleum’s stakes offshore Ghana would be the first investment for Boru Energy, led by former Tullow Oil CEO, which Carlyle’s international energy fund CIEP launched in 2019.
Field Development , Subsea
Ashtead Technology Secures Total E&P Angola Contract
A new partnership between Ashtead Technology and Ocean Atlantic Petroleum SA (OAP), has successfully executed its first marine services project in West Africa and has received award for further work on March 18.
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.
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.
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. 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.
Highlights , Shale Plays
Year in Review: Best of Drilling Activity Highlights for 2020
Multiple discoveries by Occidental in New Mexico’s Eddy County, EOG Eagle Ford, Permian Basin and Niobrara completions plus Exxon Mobil boosts the resource potential for its development offshore Guyana top drilling activity highlights from around the world in 2020.