Shell greenlights development of US Gulf of Mexico Whale field
Whale will help keep US Gulf production at a plateau into the second half of decade, said Matt Snyder, head of US Gulf of Mexico…
Read MoreAmericas Upstream M&A Report – YPF follows in the footsteps of Petrobras with mature fields sell-off
Deal flow remains quiet in the Americas, but we expect a pick-up in activity in the next few months as Petrobras closes out several ongoing…
Read MoreLeopard roars for Shell in the US Gulf of Mexico
Shell (50%, operator) and Chevron (50%) have unveiled a ‘significant’ Perdido discovery at Leopard in Alaminos Canyon. This continues the 2021 run of exploration success…
Read MoreAmericas Upstream M&A Report
Deal flow in the Americas is starting to pick up after a predictably slow 2020. We see a significant uptick in M&A in 2021, with…
Read MoreUS GoM | E&Ps impacted by a permitting ban – who stands to lose the most?
There is much speculation about what comes after the Biden administration’s 60-day suspension of new oil and gas leasing and drilling permits for federal lands…
Read MoreWhat does the future hold for the US Gulf of Mexico upstream sector under a Biden Administration?
There was a lot of speculation about the future of the US Gulf of Mexico in the lead-up to, and aftermath of, the US Presidential…
Read MoreWill mid-size / private operators continue to drive exploration activity in the US GoM in 2021?
Although budgets remain tight following the impact of the Covid-19 pandemic on the sector, our well count is largely in line with drilling activity over…
Read MoreShell leads the way at US Gulf of Mexico Lease Sale 256
Interest remained unsurprisingly subdued in the latest US Gulf of Mexico lease sale as the market downturn continues to impact the industry. The Bureau of…
Read MoreAmericas Upstream Mergers & Acquisitions Report – Q3 2020
As expected, deal flow picked up in Q3 as cash-rich companies started to take advantage of the adverse market conditions. In Latin America, private equity…
Read MoreBHP acquires Hess’ 28% stake in Shenzi for US$505 million
On 5 October 2020, Hess announced the sale of its 28% stake in Shenzi in the deepwater US Gulf of Mexico to the operator, BHP,…
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