Joint Ventures

Transactions , Acquisitions & Divestitures , Mergers , Joint Ventures

Energy A&D Transactions from the Week of Jan. 25, 2023

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.

January 25, 2023

Exploration & Production , Joint Ventures

Frontera, CGX Start Drilling Wei-1 Well in Guyana

The joint venture between CGX Energy Inc. and Frontera Energy Corp. begins drilling in Guyana as the region becomes an oil exploration hot spot.

January 23, 2023

Energy Transition , Joint Ventures

Chevron, Hyzon, Raven Partner in Waste-to-Hydrogen Project

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.

January 9, 2023

Infrastructure , Joint Ventures , Pipelines

Perma-Pipe International Holdings, Saudi Arabia Form Joint Venture

Perma-Pipe International Holdings will hold 60% of the joint venture, while Zamil Industrial Investment subsidiary Gulf Installation Group will hold the remaining 40%.

January 9, 2023

Energy Transition , Joint Ventures

California Resources, Grannus Partner on Blue Hydrogen, Ammonia Project

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.

January 5, 2023

Offshore floating wind turbines in Norway.

Energy Transition , Joint Ventures

Equinor, RWE to Collaborate on Renewable Energy Projects

Equinor and RWE’s partnership will strengthen Europe’s energy supply security during its transition away from coal and other CO₂-heavy energy sources.

January 5, 2023