
Sinochem weighs sale of stake in shale oil JV with Exxon
China’s Sinochem is reportedly planning to divest its 40% stake in a US shale joint venture (JV) Wolfcamp, reported Reuters, citing sources.

China’s Sinochem is reportedly planning to divest its 40% stake in a US shale joint venture (JV) Wolfcamp, reported Reuters, citing sources.

France’s TotalEnergies has officially become the operator of the exploration Block 3B/4B offshore South Africa.

US pipeline operator ONEOK is set to expand its operations in the Permian Basin through two acquisitions valued at a total of $5.9bn.

Qatar has emerged as the final contender for the acquisition of the German operations of Rosneft, reported Bloomberg, citing sources.

ExxonMobil is considering the sale a package of conventional oil assets in the Permian Basin, reported Bloomberg, citing sources.

Hibiscus Petroleum has entered into a farm-in agreement to acquire a 30% participating interest in a block PETRONAS Carigali.

MPE Partners, in collaboration with its portfolio company Precision Pipeline Services, has announced the acquisition of Allegheny Contracting.

Nigerian energy company Oando has completed the acquisition of the entire shareholding interest in the Nigerian Agip Oil Company (NAOC) from Eni.

US midstream energy services provider Enterprise Products Partners, through an affiliate, has signed a definitive agreement to acquire Piñon Midstream for $950m in cash.

US oil company Ovintiv is contemplating the sale of its oil operations in the Uinta Basin, reported Bloomberg, citing sources.
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We are a niche consulting company providing services to the oil & gas, renewable energy, and decarbonization sectors.