Tuesday, May 31, 2011

Cote D’Ivoire: Oil and Gas discoveries and status of exploration activity in 2011 – 2012

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The Cote D'Ivoire is a country in West Africa, economically dependent on agriculture and related activities, which engage roughly 68% o...
Monday, May 30, 2011

Expected Q2-2011 results- North America to lead the game and now stands at 44% of the total deal value. ~$4.4 billion worth of assets in North America expected to be sold by the end of Q2-2011.

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Global upstream M&A activity in Q2-2011 has currently reached $18.4 billion in 81 transactions against the total Q1-2011 numbers of $52...
Friday, May 27, 2011

Santos Plans to spend over US$ 100 million for Sangu field in Bangladesh

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Santos International is one of Australia’s leading gas producers, supplying Australian and Asian customers. The company is the largest prod...
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Tullow acquires $730 million worth assets back to back in Ghana and Netherlands

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Tullow Oil plc agreed to acquire the interests of EO Group Limited, consisting of its entire interests offshore Ghana, for a consideration ...
Thursday, May 26, 2011

Shell and Maersk Oil offer farm in opportunity on the Danish Continental Shelf.

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Shell and Maersk Oil are jointly offering up to 60% interest in the Elly and Luke development project located near the existing Tyra gathe...
Wednesday, May 25, 2011

Cenovus 2011 UBS Global Oil and Gas Conference

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- $1.8 B committed capital - $0.1 B one-time costs - Ability to utilize balance sheet to fund additional opportunities - $700 MM of addi...

BASF 2011 Deutsche Bank German & Austrian Corporate Conference

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- Increasing Brent oil price forecast from $90/bbl to $100/bbl -ƒ Assuming oil production in Libya will not restart during 2011 - EBIT be...