Here’s a snapshot of recent energy deals including Chesapeake Energy’s $1.4 billion deal to sell Eagle Ford Shale acreage in the Brazos Valley region to WildFire Energy, and Matador Resource’s $1.6 billion bolt-on acquisition in the northern Delaware Basin.
The California facility is expected to produce up to 2,400 metric tons per year of hydrogen and come online in first-quarter 2024, the companies say.
Perma-Pipe International Holdings will hold 60% of the joint venture, while Zamil Industrial Investment subsidiary Gulf Installation Group will hold the remaining 40%.
The project aims to produce 150,000 mt of blue ammonia and 10,000 mt of blue hydrogen annually, according to a Jan. 4 news release from CRC.
Equinor and RWE’s partnership will strengthen Europe’s energy supply security during its transition away from coal and other CO₂-heavy energy sources.
Along with land restoration efforts, Tallgrass will allocate $3 million towards community reclamation.
The investment opens up opportunities to explore low-carbon energy business development.
The companies intend to contribute to Europe’s renewable energy sector with their combined PV technologies.