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TechnipFMC Awarded Significant iEPCI™ Contract by Shell for Dover Development, Gulf of Mexico
June 1, 2023
TechnipFMC has been awarded a significant integrated engineering, procurement, construction, and installation (iEPCI™) contract by Shell for its Dover development in the Gulf of Mexico. TechnipFMC will supply the subsea tree systems in addition to the engineering, procurement, construction and
Howard Energy Partners Selected for DOE’s Carbon Capture Technology Program
May 31, 2023
Howard Energy Partners (HEP) has been selected for a $3 million funding opportunity through the U.S. Department of Energy’s (DOE) Carbon Capture Technology Program. The federal funding will be used to evaluate the technical and economic feasibility of transporting up
Double Eagle Expands in Permian, Eyes Fifth Rig in July
May 31, 2023
Double Eagle IV has expanded its Permian Basin leasehold to about 40,000 acres and is considering the addition of another rig this summer, the company’s co-CEO and co-Founder Cody Campbell said May 23 at Hart Energy’s Super DUG conference. Double
JERA Americas Names James Tinsley as Company’s First Chief Commercial Officer
May 31, 2023
JERA Americas, the Houston-based subsidiary of global energy leader JERA, has appointed James Tinsley as its new chief commercial officer (CCO). Tinsley joins JERA Americas from his position as vice president, Natural Gas Supply and Trading for Calpine Energy Services.
Permian-Focused Swordfish Energy Closes Private Equity Commitment With Pearl Energy Investments
May 25, 2023
Swordfish Energy Holdings has closed on an equity commitment from Dallas-based investment firm, Pearl Energy Investments. Based in Houston, Texas, Swordfish is an exploration and production company focused on acquiring and developing oil and gas assets in the Permian Basin.
Southern Energy to Acquire Remaining Stake in Gwinville Field for $3.2 Million, Mississippi
May 25, 2023
Southern Energy has agreed a deal to acquire the remaining producing acreage in the Gwinville field in Mississippi that it does not already own. The acquisition assets presently produce around 400 barrels of oil equivalent per day (comprising 99 percent
Pearl Energy Investments Raises $705 Million Fund to Target Permian
May 24, 2023
Pearl Energy Investments has closed on its third fund, Pearl Energy Investments III, and affiliated funds, with total commitments of approximately $705 million which represents the largest investment vehicle in Pearl’s history. Founded in 2015, Pearl manages approximately $1.9 billion
DOE Launches $45 Million Funding Opp for Carbon Capture, Transport, and Storage
May 24, 2023
The U.S. Department of Energy’s Office of Fossil Energy and Carbon Management (FECM) announced up to $45.5 million in funding available to advance carbon dioxide (CO2) capture technologies and help establish the foundation for a successful carbon transport and storage
Trio Petroleum to Acquire Union Avenue Field Interests
May 24, 2023
Trio Petroleum has signed an acquisition agreement to potentially acquire up to 100 percent of the working interest in the Union Avenue Field located in Bakersfield, California. “Trio is in an optimal position to capitalize on the acquisition of this
Kimbell Royalty Partners Closes $141 Million Midland Basin Mineral and Royalty Acquisition
May 23, 2023
Kimbell Royalty Partners has closed the previously reported purchase of mineral and royalty interests held by MB Minerals, a subsidiary of Sabalo Holdings (a portfolio company of EnCap Investments), in a cash and unit transaction valued at approximately $140.8 million.
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