Joint Ventures

Earnings , Shale Plays , Joint Ventures

Occidental Petroleum Extends Permian Basin JV through 2025

Occidental President and CEO Vicki Hollub said, among record earnings results, Oxy would extend its Permian JV with Ecopetrol in the Midland and Delaware basins to encompass 20,000 net acres.

August 7, 2022

Exploration & Production , Joint Ventures

BP, Eni JV Begins Operations in Angola

Formed through a combination of BP's and Eni's Angolan operations, Azule Energy is now the largest independent oil and gas producer in the country.

August 2, 2022

Joint Ventures

Marketed: Verado Energy, Partners Permian Basin Operated Horizontal Development Opportunity

Verado Energy Inc. and partners retained Core Energy Advisors for the sale of operated properties located within the Permian Basin in the Hermleigh East Field of Scurry County, Texas.

June 22, 2022

Field Development , Joint Ventures

Ecopetrol, Occidental Petroleum to Jointly Develop Offshore Oil Blocks

Ecopetrol will take a 40% stake in the blocks while Occidental Petroleum subsidiary Anadarko Colombia Co. will have a 60% stake and will serve as the blocks’ operator, Ecopetrol said.

May 19, 2022

Exploration & Production , Energy Transition , Joint Ventures

W&T Offshore, KNOC Form Partnership to Pursue JV Opportunities

Through a non-binding MOU, W&T Offshore and KNOC will explore potential joint ventures in upstream oil and gas as well as opportunities related to energy transition and the reduction of global carbon emissions.

May 9, 2022

Energy Transition , Joint Ventures

Republic Services, Archaea Energy Launch JV to Develop Renewable Natural Gas Projects

Archaea Energy will develop, engineer, construct and operate the renewable natural gas facilities, which will be located at Republic Services' landfills in 19 states.

May 6, 2022

Emissions , Energy Transition , Joint Ventures

Chevron Acquires Stake in Talos’ Proposed Texas Carbon Capture Plant

As part of the agreement, Talos and partner Carbonvert would contribute the Bayou Bend CCS lease to an expanded JV including Chevron in exchange for consideration of cash at closing and capital cost carry through project FID.

May 3, 2022

Acquisitions & Divestitures , Joint Ventures , Midstream

Pembina, KKR JV to Acquire Energy Transfer Canada in $1.3 Billion Buyout

Pembina Pipeline and KKR on March 1 agreed to form a JV, merging their Western Canadian gas processing assets in deals worth CA$11.4 billion (US$8.99 billion), which included the Energy Transfer Canada transaction.

March 1, 2022

Public Capital , Shale Plays , Acquisitions & Divestitures , Joint Ventures , Midstream

Targa Resources Strikes $925 Million Deal with Stonepeak

The repurchase of interests in its development company joint ventures with Stonepeak had previously been discussed during Targa Resources’ third-quarter earnings call last November.

January 11, 2022

Liquefied Natural Gas , Joint Ventures

North American Natgas Firms Form Joint Venture for Operational Efficiencies in Post-trade Processes

The new platform will result in increased transparency, fewer data errors, less manual reconciliation and will minimize delays in transaction settlements.

November 17, 2021