Tellurian is exploring the sale of its Haynesville upstream business in East Texas and Louisiana, the liquefied natural gas (LNG) firm said on Tuesday, as it looks to raise capital for its Driftwood LNG project. The...
OMV sells its stake in SapuraOMV to Total Energies
Austrian oil and gas company OMV has agreed to sell its 50% in stake in the Malaysian-headquartered SapuraOMV to French energy group TotalEnergies, OMV said in a statement. TotalEnergies is to pay $903 million for...
Nebula Energy to buy majority stake in AG&P LNG for $300 mn
Nebula Energy LLC is buying a majority stake in UAE-headquartered Atlantic, Gulf & Pacific (AG&P) LNG for $300 million (about Rs 2,300 crore), which will also give the Florida-based company a foothold in the...
Talos Energy to acquire QuarterNorth Energy for $1.29 bln
Oil and gas company Talos Energy said it will acquire privately held QuarterNorth Energy in a $1.29 billion cash and stock deal to bolster its presence in Mexico. QuarterNorth is a privately held U.S. Gulf of Mexico...
Southwestern, Chesapeake Energy close to $17 billion merger – source
U.S. natural gas producer Chesapeake Energy and peer Southwestern Energy are nearing a merger that would create a nearly $17 billion company, a person familiar with the matter told Reuters on Friday. The deal could come...
APA to acquire rival Callon Petroleum in $4.5 billion deal
U.S. oil producer APA said it was buying rival Callon Petroleum in an all-stock transaction valued at $4.5 billion including debt, following on the heels of a record year for dealmaking in the largest U.S. shale field...
Williams to buy natural gas storage assets for $1.95 bln
Pipeline operator Williams said it would buy a portfolio of natural gas storage assets from an affiliate of Hartree Partners LP for $1.95 billion, to cater to rising demand from liquefied natural gas projects. The deal...
Australian competition regulator approves Viva Energy’s acquisition of OTR Group
The Australian competition regulator on Thursday approved Viva Energy’s acquisition of convenience store operator On the Run (OTR Group) from Peregrine for A$1.15 billion ($765.90 million), sending the fuel...
M&A deals in Permian basin exceeds $100 billion in 2023 – WoodMac
The value of U.S. oil and gas mergers and acquisitions in the Permian basin this year has reached a record of more than $100 billion after several multi-billion dollar deals, consultancy Wood Mackenzie said in a news...
Australia’s Woodside, Santos in talks for $53 billion oil-gas merger
Australia energy companies Woodside and Santos Ltd said late on Thursday that they are in preliminary merger talks, in what could be the latest big deal in a wave of global consolidation the in oil and gas sector. A...
Endeavor Energy explores sale for as much as $30 billion – sources
Endeavor Energy Partners is exploring a sale that could value the largest privately-held oil and gas producer in the Permian basin, the top U.S. oilfield, at between $25 billion and $30 billion, according to people...
BP to buy remaining 50% in solar JV Lightsource BP
BP has agreed to take full ownership of Lightsource BP, buying the remaining 50% stake in its solar power joint venture as part of the British oil giant’s drive to build up its renewable energy capacity. Under the...
