Earthstone Energy signs $627m deal to acquire New Mexico assets
The deal is expected to increase Earthstone’s net production by 18,000boepd to 23,000boepd in Q4 2022.
Company News
Latest in
Company News
ExxonMobil and Imperial Oil to sell Canadian oil and gas assets for $1.47bn
With the acquisition, Whitecap Resources will enter the liquids-rich Duvernay play at Kaybob.
Shell and APA secure exploration blocks offshore Uruguay
Shell received the rights to block OFF-7 and OFF-2 while APA secured the rights to block OFF-6.
Neste to invest $2bn in Dutch renewable products refinery
The investment will increase the Rotterdam refinery’s production capacity to 2.7 million tons per annum.
Pipeline Technique to acquire Stanley’s oil and gas division
PTL will acquire CRC-Evans, Pipeline Induction Heat, and Stanley Inspection that form Stanley’s oil and gas division.
Petronas subsidiary signs PSC for Indonesian offshore and onshore block
The 3,131.8km² block was awarded in the second round of the Indonesia Petroleum Bid Round 2021.
Hempel introduces hydrocarbon PFP coating Hempafire XTR 100
The coating is designed for oil and gas segments such as refining and petrochemical facilities.
Shelf Drilling to acquire Noble’s five jack-up rigs for $375m
The sale is expected to address the UK CMA’s potential concerns relating to the planned merger of Nobel and Maersk…