Joint Ventures

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

People , Company Profiles , Joint Ventures

Forty Under 40: Matt Loreman, Development Capital Resources

Today’s featured Forty Under 40 honoree is Matt Loreman, who leads a team in Houston that sources, negotiates and manages JVs for DCR, an oil and gas platform he co-founded.

December 5, 2019

Private Equity , Trends , Joint Ventures

Sequel Energy: Act II

This GSO-backed specialist in funding DrillCo joint ventures has re-loaded with a further $500 million. Here's how it fills a gap for E&Ps needing funding.

October 21, 2019