Joint Ventures

Nigeria’s State Oil Company Agrees To $700 Million Joint Venture

NNPC said it had a tripartite agreement with local Nigerian energy firm and international oil services company Schlumberger to develop the Anyala and Madu fields.

Jun 30 2017 - 8:10am

How To Make Your JV ‘Marriage’ Work

Like in a marriage, partners in an energy JV must plan ahead, communicate and develop trust.

Jun 28 2017 - 6:18am

Schlumberger Forms JV To Develop Production Optimization System

Schlumberger formed a JV with HEAL Systems, formerly Production Plus Energy Services, to develop the company's production optimization technology and business in the U.S. and Canada.

Jun 20 2017 - 8:05am

EP Energy, Tesoro Launch JV To Drill Uinta Basin Oil Wells

The deal provides capital for EP to drill the Altamont Field and secures an oil supply for Tesoro’s refinery in Salt Lake City.

May 25 2017 - 3:57pm

Crestwood, First Reserve JV To Expand Delaware Basin Processing Capacity With New Project

The JV has fully sanctioned the construction of the 200 MMcf/d plant near Orla, Texas, and related infrastructure required to connect the Willow Lake system to the plant and multiple third-party pipelines.

May 24 2017 - 10:45am

EOG Resources, Carlyle Group’s JV Targets Oklahoma Marmaton

The $400 million JV, a drop in the capex bucket for EOG, will last four years but could draw out value over the long term.

May 23 2017 - 2:53pm

Seaport Global Securities Launches Upstream A&D Division

In addition, Tom Schaefer and Andy Taurins have joined Seaport as managing directors to co-head the firm's A&D investment banking team.

Apr 13 2017 - 11:55am

Bankrupt Vanguard Assailed As It Tries To Deal Midland Acreage

Occidental Petroleum is a stalking horse bidder for Vanguard's Glasscock County, Texas, acreage, which it agreed to buy for $78 million.

Apr 3 2017 - 5:25pm

Ares Launches $300 Million JV With Midland’s E&P Endeavor Energy

Ares’s newly formed Development Capital Resources made $450 million in JV commitments, including one with an operator in the Stack/ Scoop.

Apr 3 2017 - 12:43pm

Red Leaf, Total E&P USA End Utah Oil Shale JV

Total E&P USA Oil Shale LLC will exit an oil shale project in eastern Utah after reaching an agreement with development partner Red Leaf Resources Inc., the companies said March 31.

Apr 3 2017 - 9:41am

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