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Shell committed to the ambitious three-year sale plan following the decision to acquire BG Group in 2015 and the latest announcements bring its total asset sales to around $27 billion.
Eni (NYSE: E) has finalized a 10% stake sale in the Shorouk concession to Mubadala Petroleum, a wholly-owned subsidiary of Mubadala Investment Co., on June 20 .
The acquisition by Genstar follows Drillinginfo’s recent addition of transaction-tracking businesses 1Derrick and PLS to its offerings.
Energy XXI said it will terminate its previously announced partnership with Orinoco Natural Resources as a result of the Cox Oil transaction.
Nine of the licenses are located in the Barents Sea and three in the Norwegian Sea off central Norway, the Ministry of Oil and Energy said June 18.
Canadian oil and gas producer Baytex Energy said it would buy rival Raging River Exploration for about C$2.8 billion (US$2.13 billion) to expand in the oil-rich Duvernay Field in Alberta.
Cairn Energy has bought a 50% stake in the Agar-Plantain oil fields in the British North Sea from Azinor Catalyst, the companies said June 14.
How effective Mexican regulators are at managing concerns and informing stakeholders will impact the pace of the country’s energy reformation journey.
The combined company will operate under the Akita name and have a fleet of 44 high-spec drilling rigs with operations in several major resource basins in the U.S. and Canada.
Algeria’s Sonatrach on June 11 signed an exploration and development contract with France’s Total and Spain’s Repsol for the Tin Fouyé Tabankort gas field in Block 238, the state energy firm said.
GeoPark Ltd. (NYSE: GPRK) has expanded in the Neuquen basin in Argentina with the acquisition of Los Parlamentos block in partnership with YPF SA , the company said on June 11.
The Trump administration said on June 7 it would spend $4 million on construction projects in the Arctic National Wildlife Refuge in preparation for oil drilling in the nation’s biggest wildlife park.