Oil and gas deal value through the third quarter of 2015 has fallen below comparable levels for 2014 and 2013 and, when one takes into account that almost 70% of 2015 YTD value derives from a single deal, 2015 oil and gas M&A activity seems even more lackluster.
Amid rising production costs spurred on by a global decline in oil and gas prices, Phenom Innovations has introduced its high tech Wraith Frac Ball: one of the first fully dissolvable frac balls of its kind.
Schlumberger has entered a non-binding head of terms agreement with Ophir Energy to acquire a 40% economic interest in the Fortuna floating liquefied natural gas (FLNG project) in offshore Equatorial Guinea.
Oil Price Slide, Lower Exchange Rates Force Balance Sheet Adjustment 2015-2019 Plan is $125 Billion Lower than 2010-14 Plan The past year has been one to forget for Petrobras (ticker: PBR), as Brazil’s state owned oil magnate moves on from a messy scandal that has revealed some of the most prominent figures in the government. Aside from the proverbial black[Read More...]
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