Category: Deal News

Petrobras has made a non-binding offer for a share of Galp Energia’s newly discovered offshore oil field in Namibia, reported Reuters. 

Vital Energy, in a partnership with NOG, has announced the acquisition of Point Energy Partners’ shale assets in a deal valued at $1.1bn.  

Helmerich & Payne (H&P) has signed a definitive agreement to acquire KCA Deutag in an all-cash deal valued at $1.97bn. 

Citi and Evercore have emerged at the top financial advisers in the oil and gas sector for mergers and acquisitions (M&A) in H1 2024.

ExxonMobil has entered into a CCS arrangement with US-based Nitrogenous fertiliser manufacturing company CF Industries.  

Occidental is in the final stages of discussions to divest its Barilla Draw assets in Texas to Permian Resources, reported Reuters.   

Equinor is still considering a reduction of its 80% ownership in the UK’s Rosebank oilfield, the company’s CFO Torgrim Reitan told Reuters.  

SRJ, a provider of asset integrity management solutions, has agreed to acquire 100% of the issued capital of Air Control Entech.

Eni has received the final approval from the Nigerian regulator for the divestment of its subsidiary to Oando.  

Viridi Energy, a renewable natural gas (RNG) producer, has entered into a 20-year supply agreement with Énergir.