Joint Ventures

Technology , Joint Ventures , Pipelines

WhiteWater Midstream to Provide Permian Basin NGL Transportation Solutions

WhiteWater Midstream, MPLX LP and West Texas Gas Inc. (WTG) have formed a joint venture (JV) on Aug. 6 to provide NGLs takeaway capacity from MPLX and WTG gas processing plants in the Permian Basin to the NGL fractionation hub in Sweeny, Texas.

August 6, 2020

Private Equity , Shale Plays , Joint Ventures , Gathering & Processing , Pipelines

Sabine Oil & Gas Forms Midstream JV in East Texas Carthage Area

The JV transaction marks Osaka Gas’ first acquisition in the midstream business in the U.S. following the Japanese company’s purchase of Sabine Oil & Gas late last year.

July 8, 2020

Exploration & Production , Subsea , Joint Ventures

Executive Q&A: Proserv Controls CEO on Driving Force behind Subsea Deal

In this exclusive video interview, Proserv Controls CEO Davis Larssen explains the driving factors behind a strategic subsea partnership with Houston-based Dril-Quip.

July 1, 2020

Business , Subsea , Joint Ventures

Dril-Quip, Proserv Form Strategic Partnership for Subsea Offerings

The partnership with Proserv Group establishes a framework for a bundled offering that will provide a compelling value proposition for Dril-Quip’s subsea customers, CEO Blake DeBerry says.

June 25, 2020

Joint Ventures , Construction

Shell Exits Lake Charles LNG Project; Energy Transfer Takes Over as Developer

Shell cites market conditions as its reason for withdrawing; Energy Transfer weighs options, including recruiting another equity partner or reducing the size of the project.

March 30, 2020

Unconventional , Shale Plays , Joint Ventures

Lonestar Resources Forms JV With Large Eagle Ford Shale Producer

Lonestar Resources said it formed a partnership with one of the largest producers in the Eagle Ford Shale to develop oily acreage in its Gonzales County, Texas, asset.

March 4, 2020

Crude Oil , Joint Ventures , Midstream

Phillips 66, Trafigura Form JV To Develop Deepwater Texas Port

Trafigura formed a joint venture with U.S. refiner Phillips 66 to build a major deepwater port in Texas capable of handling supertankers, ditching its own competing project.

March 2, 2020

Joint Ventures

Apache, Total Form Offshore Suriname Joint Venture; Total To Become Future Operator

Apache Corp. and Total S.A. said Dec. 22 they are entering into a joint venture agreement to explore and develop Block 58 offshore Suriname.

December 22, 2019

Public Capital , Shelf , Acquisitions & Divestitures , Joint Ventures

Contango Oil & Gas Strikes JV Deal With Former Partner In US GoM

The original partnership in the late 1990s between Contango and Juneau Oil & Gas made several notable discoveries in the U.S. Gulf of Mexico.

December 20, 2019

Public Capital , Exploration & Production , Shale Plays , Joint Ventures

Devon Energy Secures $100 Million For Stack Drilling JV

The JV partnership is the second Devon Energy has formed with Dow in recent years as E&Ps are increasingly left with fewer capital options.

December 10, 2019