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Tag: million
UKs SSE to Sell Gas E&P Assets to Viaro Energy for $161 Million
2020-12-22 15:33:43| OGI
British energy supplier SSE said on Dec. 22 it has agreed to sell its portfolio of natural gas exploration and production assets to U.K.-based upstream energy company Viaro Energy for 120 million pounds (US$161 million).
Equinor to Invest $345 Million to Improve Recovery Rate at North Sea Field
2020-12-22 14:46:42| OGI
Equinor and its license partners have decided to invest NOK 3 billion (US$345 million) in the North Sea Statfjord st field to improve recovery by 23 million barrels of oil equivalent, the company said on Dec. 22.
Tags: rate
north
field
improve
ConocoPhillips Makes Norway Oil Discovery of up to 200 Million Barrels
2020-12-22 11:16:12| OGI
ConocoPhillips made an oil discovery in the Norwegian Sea north of the Heidrun field, the country's Petroleum Directorate (NPD) said on Dec. 22.
Tags: makes
million
oil
norway
Oaktree Capital Pledges $600 Million Investment to Fuel Natural Gas Dealmaking
2020-12-18 17:25:00| OGI
Oaktree Capital committed to invest an additional $600 million in future mutually agreed upon opportunities to support BKV Corp.s strategy to consolidate U.S. natural gas assets.
Tags: natural
capital
million
investment
Earthstone Energy to Acquire Warburg-backed Midland Basin Operator in $185.9 Million Deal
2020-12-18 12:00:00| OGI
Earthstone Energys acquisition of Independence Resources Management is expected to roughly double both the companys production and adjusted EBITDAX with minimal impact to leverage, says Earthstone CEO Robert J. Anderson.
Tags: million
energy
deal
operator
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