Whitecap Resources to acquire NAL Resources from Manulife Financial

Whitecap Resources has signed an all-stock deal worth around CAD155 million ($118.6 million) to acquire rival Canadian oil and gas company NAL Resources from a fully-owned subsidiary of Manulife Financial. NAL Resources has oil and gas assets across Alberta and Saskatchewan and is presently producing nearly 27,000 boe/d, of which 55% is oil and natural More...

by oilandgasnews365 reporter | Published 3 weeks ago
By businessnewstoday On Friday, August 28th, 2020
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First State Investments to acquire 40% stake in US renewable energy company Terra-Gen

First State Investments (FSI) has agreed to acquire a stake of 40% in US renewable energy company Terra-Gen from Energy Capital Partners (ECP) for an undisclosed price. Terra-Gen is engaged in developing, construction, More...

By businessnewstoday On Thursday, August 27th, 2020
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Prospero 2 Solar Project : Longroad Energy begins construction on 331MW project in Texas

Longroad Energy said that it has achieved the financial close and has started construction of the 331MW Prospero 2 Solar Project in Andrews County, Texas. CIT Group’s power and energy business was the coordinating More...

By businessnewstoday On Thursday, August 27th, 2020
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NTPC subsidiary NVVN signs pact with Greenko Energies for RTC renewable energy supply

NTPC Vidyut Vyapar Nigam (NVVN), a fully-owned subsidiary of Indian state-owned energy conglomerate NTPC, has entered into a memorandum of understanding (MOU) with Indian renewable energy company Greenko Energies. The More...

By businessnewstoday On Wednesday, August 26th, 2020
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Carlyle Group acquires 100MW solar power plants in Maine from BNRG

The Carlyle Group, through its newly-established affiliate Acadia Renewable Energy, has acquired a portfolio of solar development projects, of more than 100MW, in Maine, US, from solar power producer BNRG. The acquired More...

By businessnewstoday On Tuesday, August 25th, 2020
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Foresight acquires 94MW operating windfarm portfolio in Spain from wpd

Foresight Group, a London-based private equity investment manager, has acquired a 94MW operating windfarm portfolio in Spain from German wind farm developer wpd, for an undisclosed price. The acquisition marks the More...

By oilandgasnews365 reporter On Tuesday, August 25th, 2020
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Mozambique LNG project : Mozambican govt to provide security amid terror threats

Total said that it has signed a new memorandum of understanding (MoU) with the Mozambican government to provide security for the $20-24 billion Mozambique LNG project in the country in the wake of terror threats. The More...

By oilandgasnews365 reporter On Friday, August 21st, 2020
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Maersk Drilling bags new contract for Maersk Integrator rig from Aker BP

Danish drilling rig operator Maersk Drilling has bagged an additional one-well contract worth around $21.6 million from Aker BP for deploying its low-emission Maersk Integrator jack-up rig at the Ula field in Norwegian More...

By oilandgasnews365 reporter On Friday, August 21st, 2020
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Barron Petroleum claims major discovery in Permian Basin

Barron Petroleum has claimed to have made one of the largest hydrocarbon discoveries in the Permian Basin in Texas through the drilling of the Sahota Carson 20BU #1 well. The Texas-based oil and gas company said More...

By oilandgasnews365 reporter On Wednesday, August 19th, 2020
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Qatar Petroleum to acquire 30% stake in Angolan Block 48

Qatar Petroleum has signed a farm-in deal with Angolan national oil company Sonangol and Total to acquire a 30% stake in Block 48 contained in the ultra-deep waters of Angola. According to Qatar Petroleum, Block More...