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Deal News
Matador Resources to sell Pronto Midstream to San Mateo for $600m
Matador Resources has agreed to sell its wholly owned subsidiary, Pronto Midstream, to San Mateo Midstream, for a transaction valued at around $600m.
Company News
Wood signs three engineering and project delivery agreements with bp
Wood has secured three major agreements with BP to provide engineering and project delivery services for its global capital projects.
Company News
Chevron plans to reduce 2025 capex and affiliate capex budgets by $2bn
Chevron has outlined its capital expenditure (capex) budget for 2025, indicating a $2bn year-over-year reduction.
Company News
Equinor and Shell to form JV combining UK offshore oil and gas assets
Equinor and Shell have unveiled plans to form a joint venture (JV) that will combine their UK offshore oil and gas assets.
Company News
Petronas awards four PSCs in Malaysia under MBR 2024
PETRONAS, through its upstream arm Malaysia Petroleum Management (MPM), has awarded Production Sharing Contracts (PSCs) for four new ventures as part of the Malaysia Bid Round (MBR) 2024.
Company News
Producers Midstream II secures $400m credit facility to enhance growth in US midstream operations
Producers Midstream II, a Tailwater Capital portfolio company, has secured a $400m expanded credit facility.
Company News
Russia and Pakistan discuss offshore oil and gas exploration and refining cooperation – report
Russia and Pakistan are reportedly exploring potential cooperation in offshore oil and gas exploration and refining.
Company News
ONEOK completes NGL fractionation and pipeline expansion projects
ONEOK has completed the MB-6 NGL fractionator in Texas and the full looping of the West Texas NGL pipeline.
