Here’s a snapshot of recent energy deals including Diamondback Energy completing its $1.55 billion deal to acquire Midland Basin acreage and E&P Arena Energy LLC closing its acquisition of Cox Operating LLC's interests in the Eugene Island 330 and South Marsh 128 oil blocks.
Red Leaf Resources and Ute Energy will jointly develop Uinta Basin assets, including a refinery and proposed transloading facility.
Maha’s partnership with Mafraq Energy marks a milestone as Block 70 aims for commercialization.
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.
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.
Perma-Pipe International Holdings will hold 60% of the joint venture, while Zamil Industrial Investment subsidiary Gulf Installation Group will hold the remaining 40%.
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.
Equinor and RWE’s partnership will strengthen Europe’s energy supply security during its transition away from coal and other CO₂-heavy energy sources.
Along with land restoration efforts, Tallgrass will allocate $3 million towards community reclamation.