Energy A&D Transactions From The Week Of Feb. 26, 2020
Here’s a snapshot of energy deals from the past week including Centennial Resource Development’s $225 million sale of produced water infrastructure in the Permian Basin.
On The Market Oil And Gas Quicklist (Week Of Feb. 26, 2020)
Here’s a quicklist of oil and gas assets on the market including Sierra Resources’ large, operated and contiguous in the Eagle Ford Shale plus QEP assets in Kentucky and Michigan.
Rubio Confident Trump Will Extend Fla. Offshore Drilling Ban
Senator lifted hold on nomination of Interior official who backed drilling.
Cheniere: Canceled Cargoes Will Have Little Impact On LNG Production
It’s too early to gauge the impact of the coronavirus on the near-term market, say executives.
E&P Industry Pulse: Emergence Of Carbon Capture Technologies
Global and domestic initiatives facilitate emissions capture for storage and reuse in energy development.
Lebanon Plans To Begin Drilling For Oil, Gas Offshore This Week
A consortium of France’s Total, Italy’s Eni and Russia’s Novatek signed an agreement with Lebanon in 2018 to explore for oil and gas in two offshore blocks.
BP To Quit Western Energy Alliance, Other Trade Groups Over Climate Policies
Western Energy Alliance and two other U.S.-based trade organizations do not “share our ambitious and progressive approach to the energy transition,” says BP CEO Bernard Looney.
Apache, Pharos Energy Among Bidders For Shell’s Egypt Onshore Assets
Shell’s Western Desert portfolio includes stakes in 19 oil and gas leases.
Schlumberger Opens Manufacturing Center In King Salman Energy Park
The center will manufacture various technologies including liner hangers and packers and valve technologies, such as GROVE valves and ORBIT rising stem ball valves, to help improve the efficiency of oil and gas operations in the Kingdom and neighboring countries.
Midcoast Energy Provides Update For CJ Express Expansion Project
CJ Express will add compression and pipeline facilities at multiple locations on Midcoast’s existing East Texas pipeline system.
Bankruptcy Risks Rise For US Shale
Credit crunch looms for U.S. shale producers as ‘staggering’ amount of debt nears maturity.
Trump Admin In Talks About Chevron’s Operations In Venezuela
The Trump administration is in discussions about whether to renew a license for Chevron's operations in Venezuela as Washington looks to increase pressure on its socialist leader.