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

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.

The World’s richest nations – including the UK and US – were obliged to lead the energy transition away from fossil fuels.

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

Energy giant Eni recorded an adjusted earnings before interest and taxes of €4.1bn ($4.45bn) in the second quarter of 2024..

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.

Slovakian drilling technology company GA Drilling has forged a partnership with Petrobras to improve efficiency in deep drilling processes.

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.
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We are a niche consulting company providing services to the oil & gas, renewable energy, and decarbonization sectors.