Tall City Exploration III has received equity financing of approximately $500m from funds associated with Warburg Pincus.

Based in the US, Tall City Exploration III is an oil and gas exploration and development company, while Warburg Pincus, also based in the US, is a private equity firm.

Tall City plans to use the funds raised to strengthen its position in the Permian Basin and carry out acquisition and exploration activities in the region.

Matador Resources Company has purchased 8,400 gross acres in Lea and Eddy Counties in New Mexico, US, for $387m under a New Mexico oil and gas lease sale conducted by the Bureau of Land Management.

Approximately 2,800 gross/net acres of the total acquired acreage lies in the Stateline area, 4,800 acres in the Antelope Ridge asset area, 400 acres in the Arrowhead asset area and another 400 acres lie in the Twin Lakes asset area.

Based in the US, Matador Resources Company is an oil and natural gas exploration and production company.

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The transaction is expected to strengthen the company’s leasehold and mineral portfolio in the Delaware Basin.

KBR and ConocoPhillips LNG Licensing have entered a partnership to jointly develop a mid-scale liquefied natural gas (LNG) train for the oil and gas industry.

“KBR and ConocoPhillips LNG Licensing have entered a partnership to jointly develop a mid-scale liquefied natural gas (LNG) train for the oil and gas industry.”

The LNG train will have a capacity ranging between 1.5Mtpa and 3Mtpa and will be designed to cater to both greenfield and brownfield expansions. It is expected to utilise ConocoPhillips’ Optimized Cascade process technology. The construction will be carried out using an integrated modularised approach.

KBR and ConocoPhillips will carry out a front-end engineering and design (FEED) study for the LNG train, under the partnership.

Based in the US, KBR is an engineering, procurement and construction company, while ConocoPhillips, also based in the US, is an energy company.

Chevron Combustibles de México has entered a long-term contract agreement with Sempra Energy’s subsidiary Infraestructura Energética Nova (IEnova) to utilise 50% of the initial capacity of the Topolobampo refined fuels marine terminal being developed in Sinaloa, Mexico.

The agreement also includes an option for Chevron to purchase approximately 25% of the equity in the terminal, once it commences operations.

Infraestructura Energética Nova is engaged in developing, building and operating energy infrastructure projects, while Chevron Combustibles de México is a subsidiary of Chevron Corp, an energy company.

Both companies involved in the transaction are based in the US.