This is your Hart Energy Live A&D Minute, powered by the SUPERDug Conference and Exhibition May 22nd through the 24th in Fort Worth.
Spanish energy company Repsol sold a 25% stake in its global upstream business to EIG Global Energy Partners for $4.8 billion. Repsol Upstream’s assets total more than 600,000 boe/d of production in 15 countries, including the U.S. Repsol and EIG say they plan to list the company in the U.S. in 2026.
Expanding its footprint in the North Sea, Norway’s Equinor is acquiring Suncor Energy’s U.K. business for $850 million, which adds to Equinor's production and aids Suncor in reducing net debt and meeting shareholder return targets. Are there more international deals on the way?
Bayou Bend CCS is expanding the CO2 storage capacity for the Texas Gulf Coast project in a big way. The joint venture between Chevron, Talos Energy and Carbonvert purchased over 100,000 new onshore acres east of Houston. The expanded Bayou Bend project now has around 140,000 acres of pore space to permanently store 1 billion metric tons of CO2. Is the Gulf Coast the new hub for low-carbon projects?
That's your Hart Energy Live A&D Minute, powered by DUG Haynesville Conference March 28th and 29th in Shreveport. Watch new A&D Minute episodes every Wednesday and sign up for our A&D Watch newsletter at hartenergy.com/deals.
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Gunvor Group Inks Purchase Agreement with Texas LNG Brownsville
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CERAWeek: LNG to Play Critical Role in Shell's Future, CEO Says
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CoolCo, GAIL Enter Long-term LNG Agreement
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Sempra Targets Summer 2025 for Commercial Start of ECA LNG Phase 1
2024-03-06 - Sempra is targeting the summer of 2025 as the commercial operations date for its 3.25 mtpa (0.43 Bcf/d) nameplate capacity Energía Costa Azul LNG Phase 1 project, located in Ensenada in Baja California, Mexico.
NextDecade Targets Second Half of 2024 for Phase 2 FID at Rio Grande LNG
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