
DNO to acquire Sval Energi for $1.6bn, expanding North Sea portfolio
DNO has announced the signing of an agreement to acquire all shares of Sval Energi Group from HitecVision for an enterprise value of $1.6bn.

DNO has announced the signing of an agreement to acquire all shares of Sval Energi Group from HitecVision for an enterprise value of $1.6bn.

Vitesse Energy has completed the acquisition of Lucero Energy, valued at $222m.

Mexico’s state-owned company, Pemex, is seeking new buyers for its crude oil in Asia and Europe after the imposition of the US tariffs on Mexican imports.

Baker Hughes and Woodside Energy have announced a joint initiative to develop a lower-carbon power generation technology using the Net Power platform.

The European Commission’s proposal to extend the EU’s current gas storage regulation until 2027 has met with resistance from member states

The efforts to recommence Iraqi oil exports to Türkiye have reached an impasse for the second time in a week.

Petro-Victory Energy and BlueOak Investments have signed an agreement to acquire Capixaba Energia, a fully integrated onshore Brazilian production company.

Prospera Energy has signed an agreement to acquire White Tundra Petroleum (WTP) with an aim to expanding its asset portfolio of low-decline base production and leveraging significant production upside.

Venture Global has unveiled plans for an expansion of its Plaquemines LNG facility, located south of New Orleans, Louisiana, US.

The government is committed to maintaining existing fields for their lifetime and does not intend to issue new oil and gas licences. Credit: Dong Nhat Huy/Shutterstock.