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More Deals - Joint Development Agreement News
Chevron Sanctions GOM Ballymore Project; 75,000 BPD
Chevron Corp. has sanctioned the Ballymore project in the deepwater U.S. Gulf of Mexico. The project, with a design capacity of 75,000 barrels of crude oil per day,…
Shell to Exit JV Projects with Gazprom, End Involvement in Nord Stream 2 Pipeline
The Board of Shell plc announced its intention to exit its joint ventures with Gazprom and related entities, as well as end its involvement in the Nord Stream…
APA Corp. Signs $3.5B PSC Deal with Egyptian Parliament
APA Corp. has announced the signing of an agreement to modernize and consolidate the company's current Production Sharing Contracts (PSCs) with Egypt's Ministry of Petroleum and Mineral Resources…
Whitecap Resources Inks MOU for Carbon Capture Storage
Whitecap Resources Inc. has signed a memorandum of understanding (MOU) with Federated Co-operatives Limited (FCL) to use Whitecap’s expertise in carbon capture utilization and storage (“CCUS”) to assist…
Chevron, Enterprise Partner for Carbon Capture in MidCon, Gulf Coast
Chevron, through its Chevron New Energies division, and a subsidiary of Enterprise Products Partners have partnered to study and evaluate opportunities for carbon dioxide (CO2) capture, utilization, and…
Latin America News
Chevron, Quantum prepare joint bid for Lukoil’s international assets
Chevron and private equity firm Quantum Energy Partners are preparing a joint bid for the international assets of Russian oil major Lukoil, a package estimated to be worth…
Exxon Extends Offshore Guyana Work with Noble Corp.
Noble Corp. announced that the ultra-deepwater drillship Noble Tom Madden has been awarded approximately 6.5 years of additional contract term under the Commercial Enabling Agreement (CEA) with ExxonMobil…
Halliburton Expects Slow 4Q, More Cost Cutting, Stacking Equipment
Halliburton reported its Q3 2019 results. Here are the highlights from its call and report. Shift from US to International Similar to Schlumberger, Halliburton noted the shift in…
YPF, Petrona Sign Agreement to Invest US$ 2.3B in Vaca Muerta
YPF and Petronas agreed this week to invest US$ 2.3 billion in a shale oil project in Vaca Muerta, with a target of reaching 60,000 b/d of oil…
Schlumberger; Blame US Equity Investor For Low Oil Price
Schlumberger provided some interesting macro views on the the US land market during it's 2Q17 conference call. Here are some thoughts from Paal Kibsgaard. US Land, Equity Markets…