Joint Ventures

Exploration & Production , International , Joint Ventures

Venezuela to Sign New Contracts to Boost Oil Output at Joint Ventures

"It is a regular practice for Chevron Venezuela leadership to meet with authorized PDVSA and government representatives in relation to the activities that the company is authorized to undertake in the country," Chevron said.

November 30, 2022

Joint Ventures , Pipelines

Cheniere Energy JV to Build New 1.7 Bcf/d Natural Gas Pipeline in Texas

Cheniere Energy and subsidiaries of Whistler Pipeline will move forward with the construction of a new 43-mile pipeline as part of plans to send more natural gas from the Permian Basin for export as LNG.

September 19, 2022

International , Joint Ventures

Shell, Exxon Launch Sale of Major Dutch Gas Venture

NAM in the Netherlands is one of Europe oldest oil and gas joint ventures, owned 50% by Shell Plc and 50% by Exxon Mobil Corp.

September 6, 2022

Petrochemicals , Energy Transition , Joint Ventures

ConocoPhillips, JERA Propose to Develop US Hydrogen Gas Plant

Gulf Coast plant would produce hydrogen from gas and convert it to ammonia for export.

September 6, 2022

Subsea , Acquisitions & Divestitures , Joint Ventures

Schlumberger, Aker Solutions, Subsea 7 Form JV in $700 Million Deal

The proposed JV will combine Schlumberger’s and Aker Solutions’ subsea businesses. Meanwhile, Subsea 7 will be an equity partner in the new JV.

August 30, 2022

Liquefied Natural Gas , Joint Ventures , Tankers

New Fortress, Apollo Close $2 Billion LNG JV Launching Energos

The total implied enterprise valuation of Energos is approximately $2 billion based on the JV transaction agreed to between New Fortress Energy and Apollo in early July.

August 19, 2022

Acquisitions & Divestitures , Joint Ventures , Midstream

Phillips 66 Offers to Buy DCP Midstream in $3.1 Billion Cash Deal

The transaction, which Enbridge called a “joint venture merger,” will result in a single JV holding both Enbridge’s and Phillips 66’s indirect ownership interests in the Gray Oak pipeline and DCP Midstream.

August 17, 2022

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