Acquisitions & Divestitures - Joint Ventures

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.

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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

Murphy Oil Raises Production Outlook Following Petrobras GoM JV Closing

Following the closing the GoM JV with Petrobras, Murphy Oil also raised its full-year capex outlook and expects to use some of the cash flow to accelerate activity in the Eagle Ford.

December 3, 2018

Aramco Eyes Bigger Market Share In Asia Ahead Of Possible OPEC Cut

Saudi Aramco will expand its market share in Asia despite likely OPEC limits on output next year, and is eyeing deals in China and Africa as it aims to become a global leader in chemicals, the head of the world’s top oil producer said on Nov. 26.

November 26, 2018

Williams, Brazos Midstream JV To Take On Permian Basin Gas Takeaway

Despite a lingering natural gas takeaway problem for Permian Basin producers, analysts note an opportunity exists for midstream operators as pipeline FIDs to date ‘merely maintain status quo.’

November 16, 2018

Axis Energy Services Announces Company Launch

Axis Energy Services, a new workover and completion specialist formed from the combination of TEC Well Service, Momentum Pressure Control, and M6 Energy Services, announced its launch on Nov. 5.

November 6, 2018

Petrobras Stops Chevron Plan To Drill In Brazil Offshore Block

A decision by Petrobras (NYSE: PBR) not to invest in drilling new wells has derailed Chevron Corp.’s (NYSE: CVX) plan to resume exploration in a Brazilian offshore field, people familiar with the matter said on Oct. 30.

October 31, 2018

Carlyle Partners With Corpus Christi Port To Build Oil Export Terminal

Carlyle's agreement with the Port of Corpus Christi to build an oil export terminal comes as infrastructure struggles to keep up with record levels of production, driven by the Permian Basin.

October 29, 2018

Royale Energy, California Resources Expand JV In Historic Gas Field

Royale Energy formed a JV with California Resources to drill 30 wells throughout the Rio Vista Field, the largest dry gas field in California.

October 23, 2018

Talos Energy, Pan American Join Forces Offshore Mexico

Talos Energy is joining forces with a subsidiary of Argentina’s Pan American Energy LLC to accelerate exploration efforts offshore Mexico.

October 19, 2018