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Chevron Looking to Sell Permian Assets Valued at More than $1 Billion
2021-06-30 22:30:00| OGI
Chevron is looking to sell lower-value assets, while some majors, like Shell are considering exiting the Permian Basin formation entirely.
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Plains to Sell Gulf Coast Gas Assets for $850 Million
2021-06-08 20:25:00| OGI
The Plains asset sale includes the Pine Prairie and Southern Pines energy centers, which were described as two of the highest performing natural gas storage facilities in the U.S.
Basic Energy Services to Sell Noncore Assets Following Missed Debt Payment
2021-04-28 22:25:00| OGI
Fort Worth, Texas-based oilfield service provider Basic Energy Services agreed to the sale of certain noncore assets on April 27, including heavy-duty trucks, light-duty vehicles, fracturing tanks and certain noncore saltwater disposal wells.
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Shell to Sell Egypt Onshore Assets for up to $926 Million
2021-03-09 11:20:00| OGI
Shell set a base price of $646 million for the sale of upstream assets in Egypts Western Desert, with additional payments of up to $280 million between 2021 and 2024, subject to the oil price and exploration results.
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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).