Milan-based gas pipeline operator is working with JPMorgan to move into the US market.
Paulson & Co. Inc. on Sept. 9 opposed Callon Petroleum Co.’s proposed $3.2 billion acquisition of Carrizo Oil & Gas Inc., and urged the company to instead consider selling itself.
The buyer, NJR Midstream, expects to benefit from the strategic location of the storage facility to the Gulf Coast’s expanding natural gas market.
Reuters reported on Sept. 5 that Exxon Mobil had agreed to sell its stakes in around 20 partner-operated fields, two years after selling its operated assets, for up to $4 billion.
The multibillion-dollar sale of BP’s Alaska business to Hilcorp illustrates the divergent strategies of the majors from private oil and gas players, analysts say.
The sale of its production solutions business transforms Nine Energy Service to a pure-play completions company, CEO Ann Fox says.
Roughly four months since making its debut with its first acquisition, Jay Graham’s new Permian-focused venture has landed another deal.