Shell to offload stake in Cambo oil prospect in UK North Sea
The Cambo field is expected to produce up to 170 million barrels of oil equivalent during its operational life of…
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Top 10 M&A financial and legal advisers in oil and gas sector for H1 2022 revealed
A total of 887 M&A deals worth $132bn were announced in the sector during H1 2022.
Kistos and Serica Energy call off merger talks
Kistos now plans to "pursue other paths" to become an independent gas champion in the North Sea.
Devon Energy to acquire Validus Energy in $1.8bn deal
The deal involves 42,000 acres in the Eagle Ford where Validus produces on average of 35,000boepd.
Cenovus to acquire bp’s 50% stake in Toledo refinery for $300m
The bp-Husky Toledo Refinery is equipped to process up to 160,000 barrels of crude every day.
Sval to acquire Suncor’s Norwegian business in $317m deal
Suncor Energy Norge also owns eight additional licences in the NCS.
Eni agrees to acquire Tango FLNG unit from Exmar
The Tango floating liquefaction plant has storage capacity of 16,100m³ and a liquefaction capacity of up to 0.6Mtpa.
TC Energy partners with Mexico’s CFE to develop $4.5bn gas pipeline
The 715km-long pipeline will have the capacity to transport 1.3 billion cubic feet of natural gas per day.