Data Centers Triple

US data center announcements tripled in first half of 2024; Why Oil Companies Are Leaving California; Death Toll in Fiery Nigerian Tanker Explosion Mounts to 153

Author

Rob Quigley
October 18, 2024

Good morning! The Financial Times reported that data center build outs continue to grow. Announcements of new data centers tripled in the first half of 2024. Sad news out of Nigeria as an oil tanker wrecked and then exploded, killing >150 people. It continues to be quite in the deal space. But let drill down.

Daily Headlines

  • US data centre announcements tripled in first half of 2024 Financial Times$$$

  • Death Toll in Fiery Nigerian Tanker Explosion Mounts to 153 Rigzone

  • Why Oil Companies Are Leaving California Rigzone

Deal Flow

M&A/Investment

  • Japex plans to sell its UK North Sea oilfield stake, exiting the region entirely Reuters

  • Vision RNG secures $207M to convert landfill gas into renewable natural gas Hart Energy$$$

IPO/Direct Listing/Issuances/Block Trades

  • Oman’s oil exploration firm raises $2B in record-breaking domestic IPO Oilprice.com

Fundraising

  • Vision RNG secures $207M to fund RNG projects, bolstering clean energy efforts Hart Energy $$$

VSO is the go-to consulting firm for buy-side technical due diligence. We can handle all your technical evaluations or can be your spare capacity when you need overflow help. If you’re in the deal flow, let’s work together.

Only the Finest, Refined Memes:

Meme of the Day: #3

Meme of the Day: #2

Meme of the Day: #1