Clinched

MarkWest Utica Expanding Ohio Services for Rex Energy

MarkWest Utica EMG LLC has clinched an agreement with Rex Energy Corp. to expand its Utica Shale midstream infrastructure.

February 20, 2013

Shell Clinches Shale Gas Agreement in Ukraine

Royal Dutch Shell plc has clinched a production sharing agreement in Ukraine to explore shale gas deposits in the Yuzivske gas field, which may evolve into the “largest investment in Ukrainian history,” according to the nation’s energy minister.

January 22, 2013

BP Takes Stake in Rosneft for Hefty Payday

BP plc last week clinched a mega-deal to sell its troubled half-stake in Russian explorer TNK-BP to Russian energy giant OAO Rosneft for $17.1 billion in a cash-and-stock transaction.

October 29, 2012

BP Takes Stake in Rosneft for Hefty Payday

BP plc on Monday clinched a mega-deal to sell its troubled half-stake in Russian explorer TNK-BP to Russian energy giant OAO Rosneft for $17.1 billion in a cash-and-stock transaction.

October 23, 2012

Williams Accord Expands Canada Gas Processing Volumes 60%

Williams has clinched a long-term natural gas processing agreement that expands its Canadian natural gas processing volumes by 60% and opens the door to a growing petrochemical business.

October 1, 2012

Williams Expands Canadian NGL Operations with Oilsands Agreement

Williams on Wednesday clinched a long-term natural gas processing agreement with an undisclosed Canadian oilsands producer that would significantly expand the Tulsa operator’s liquids and transportation business.

September 27, 2012

Shell, Chevron Grab Chesapeake Permian Stakes

Chesapeake Energy Corp. on Wednesday clinched multiple agreements to sell most of its prized Permian Basin properties to heavyweights Royal Dutch Shell plc and Chevron Corp. and its remaining midstream properties to Global Infrastructure Partners (GIP), which together with other asset sales would give the cash-strapped producer total net proceeds of $6.9 billion.

September 13, 2012

NiSource, Hilcorp Partner in Utica Midstream, Upstream Ventures

NiSource Inc. has clinched two joint ventures (JV) in the Utica Shale with Hilcorp Energy Co. to construct midstream facilities and to develop a “significant acreage block” in the Utica/Point Pleasant formation in northeast Ohio and western Pennsylvania.

July 10, 2012

Shell to Test Mackenzie Valley’s Canol Shale in Farmout

Canadian junior producer MGM Energy Corp. on Thursday clinched a farm-out agreement in the Mackenzie Valley’s Canol Shale with a subsidiary of Royal Dutch Shell plc. Financial terms were not disclosed.

July 2, 2012

ExxonMobil to Use North American Drilling Expertise in Western Siberia

ExxonMobil Corp. and Russia’s OAO Rosneft on Friday clinched a partnership agreement to develop oil reserves in tight, low-permeability formations in Western Siberia using advanced drilling technologies that ExxonMobil has employed successfully in North America’s onshore.

June 19, 2012
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