Giant

Norwegian oil and gas giant Statoil ASA on Tuesday increased its stake in emerging U.S. shale gas plays by inking transportation agreements to carry its Marcellus Shale production from Pennsylvania to markets in New Jersey and New York.

Norwegian oil and gas giant Statoil ASA on Tuesday increased its stake in emerging U.S. shale gas plays by inking transportation agreements to carry its Marcellus Shale production from Pennsylvania to markets in New Jersey and New York.

An affiliate of Japanese trading giant Mitsui & Co. Ltd. agreed to pay $1.4 billion to buy nearly a one-third stake (32.5%) in Anadarko Petroleum Corp.’s 700,000-plus Marcellus Shale leasehold, The Woodlands, TX-based producer said last week.

Oilfield services giant Schlumberger Ltd. apparently is close to completing a transaction to buy Houston-based Smith International Inc., which is one of the largest drillbit producers in the world.

Oilfield services giant Schlumberger Ltd. apparently is close to completing a transaction to buy Houston-based Smith International Inc., which is one of the largest drillbit producers in the world.

Oilfield services giant Schlumberger Ltd. apparently is close to completing a transaction to buy Houston-based Smith International Inc., which is one of the largest drillbit producers in the world.

An affiliate of Japanese trading giant Mitsui & Co. Ltd. agreed to pay $1.4 billion to acquire a nearly one-third stake (32.5%) in Anadarko Petroleum Corp.’s 300,000-plus Marcellus Shale leasehold, The Woodlands, TX-based producer said early Tuesday.

An affiliate of Japanese trading giant Mitsui & Co. Ltd. agreed to pay $1.4 billion to acquire a nearly one-third stake (32.5%) in Anadarko Petroleum Corp.’s 300,000-plus Marcellus Shale leasehold, The Woodlands, TX-based producer said early Tuesday.

ExxonMobil Corp., which is buying onshore natural gas shale giant XTO Energy Inc., disclosed last week that it also has partnered with a privately held Pennsylvania-based independent to explore nearly 300,000 net acres in the Marcellus Shale.