Even Reuters Knows DNV Missed Out

Devon Energy misses out on mega deals, Alaska LNG nears major gas deal, O&G CEOs face scrutiny.

Author

Rob Quigley
June 07, 2024

by VSO Petroleum Consultants. Oil and Gas industry news for those in the deal flow (Investors and A&D Professionals). Your daily source for the latest A&D/M&A news, industry news, and expert interviews.

First Things First:

Devon Energy Missed Out on US Oil and Gas Mega Deal Wave: Devon Energy missed significant opportunities in the latest wave of mega deals in the US oil and gas sector, highlighting apotential gap in their strategic approach and market positioning.

www.reuters.com/markets/deals/how-devon-energy-missed-out-us-oil-gas-mega-deal-wave-2024-06-06

Alaska LNG Nears Major Gas Deal (ADN).

O&G CEOs Face
Environmental Scrutiny (MSN).

Canada Oil Sands Challenge
Emissions Cap (MSN).

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.

Daily Headlines

  • Devon Energy missed out on US oil and gas mega deal wave  (Reuters) 

  • Alaska LNG project progresses towards major gas deal (ADN).

  • Oil and gas CEOs to testify on environmental committee (MSN).

  • Canada oil sands push back against emissions cap proposal (MSN).

  • House supports carbon pricing in oil and gas (MSN).

  • Abandoned oil fields in Myanmar present opportunities (RFA).

  • Mergers reshape energy industry landscape (OAOA).

  • Family offices investing in oil, gas discussed (HART).

  • Oil and gas CEOs testify before House environmental committee (MSN).

  • Oil and gas companies support carbon pricing (MSN).

  • Oil and gas show celebrates industry legends and leaders (Weyburn).

  • Oil and gas stock roundup and mergers update (Finance Yahoo).

  • Top undervalued oil and gas stocks to buy now (MSN).

  • Win-win gas supply deal for Alaska LNG project (Offshore Energy).

  • Brazilian oil sector's impact on new tax rule (BNamericas).

  • Oil investment rising but outpaced by clean energy (Oil Review Middle East).

  • Market size and share forecast in oil and gas (OpenPR).

  • Growing demand to increase upstream oil investment (Zawya).

  • Nigeria to spend nearly $4B on fuel subsidies this year (OilPrice).

  • Oil rises to settle over $75 a barrel(Rigzone).

Deal Flow

M&A/Investment

  • TotalEnergies buys UK power plant from EIG for $575MM (Hart Energy).

IPO/Direct Listing/Issuances/Block Trades

  • Saturn Oil & Gas Inc. announces pricing of upsized offering of US$650 million of senior secured second lien notes due 2029 (BOE Report).

Debt

  • No deals in this category for this period.

SPAC

  • No deals in this category for this period.

Bankruptcy/Restructuring/Distressed

  • No deals in this category for this period.

Fundraising

  • No deals in this category for this period.

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