Acquisitions & Divestitures - Joint Ventures

Anadarko Signs Long-Term Deal With CNOOC For Mozambique Gas

Anadarko Petroleum Corp said on Feb. 1 a long-term agreement had been signed with the trading division of China's state-owned offshore oil and gas producer CNOOC Ltd to supply LNG from Mozambique.

February 1, 2019

Exxon Mobil, Plains All American To Build Permian Crude Pipeline

A joint venture between Exxon Mobil, Plains All American and Lotus Midstream has agreed to build a new crude pipeline to connect the Permian Basin in West Texas to the Texas Gulf Coast.

January 30, 2019

Drillinginfo Partners With Hart Energy’s Rextag For New Midstream Analytics Service

Drillinginfo formed a new strategic collaboration with Hart Energy’s Rextag unit to create a combined midstream business product dubbed Drillinginfo Midstream Infrastructure.

January 29, 2019

ADNOC Seals $5.8 Billion Refining/Trading Deal With ENI, OMV

‘One-of-a-kind’ deal diversifies partners’ interests.

January 28, 2019

BP Invests $5 Million In Artificial Intelligence Technology

BP Ventures said Jan. 28 it has invested $5 million in Belmont Technology’s Series A financing to further bolster BP’s artificial intelligence (AI) and digital capabilities in its upstream business.

January 28, 2019

University Lands Selects H20 Midstream, Layne JV For Delaware Basin Water Services

The JV was formed by H2O Midstream and Layne Water Midstream to develop and operate water infrastructure on the University Lands acreage across the Southern Delaware Basin.

January 24, 2019

Tallgrass, Kinder To Lift Oil Transport Capacity From Rockies

Project would combine Pony Express with Wyoming Interstate and Cheyenne Plains.

January 22, 2019

SemGroup Boosts Montney Footprint With New KKR JV

Concurrent with its formation, the JV, SemCAMS Midstream, also agreed to acquire the Montney operating portfolio of Meritage Midstream ULC.

January 15, 2019

Carlyle Group Names Manager For US Crude Export Terminal Project

Lone Star Ports LLC will lead development and operation of a Carlyle Group-backed crude export terminal in Corpus Christi, Texas, that can fully load supertankers, according to a statement from the project leaders on Dec. 14.

December 14, 2018

U.S. Well Services Finalizes Third Electric Frack Contract With Apache

U.S. Well Services Inc. (NASDAQ: USWS) has signed an electric frack fleet contract with Apache Corp. (NYSE: APA), the company said Dec. 12.

December 12, 2018

US Solar Developer 8minutenergy In $200 Million Joint Venture

8minutenergy will use the more than $200 million from the JV to develop solar projects throughout the U.S. over the next five years, including in California, Texas and the U.S. Southeast.

December 11, 2018

Chaparral Energy CEO Talks Execution In Stack, Merge

Earl Reynolds, Chaparral Energy CEO, recently discussed with Hart Energy what allowed recent success in the company's positions in Garfield and Canadian counties, plus an interesting employee compensation plan tied to productivity.

December 7, 2018