Oil Over Wind

Shell plans to sell its Scottish offshore wind leases to refocus on oil and gas operations; EQT to market remaining Marcellus non-op assets; Kamala Harris’ oil and gas stance in focus; Oil expansion in Argentina faces price challenges.

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:

Shell plans to sell its Scottish offshore wind leases to refocus on oil and gas operations.

EQT to market remaining Marcellus non-op assets (Hart Energy).

Kamala Harris’ oil and gas stance in focus (Express News).

Oil expansion in Argentina faces price challenges (OilPrice).

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

  • EQT to market remaining Marcellus non-op assets (Hart Energy).

  • Kamala Harris’ oil and gas stance in focus (Express News).

  • Oil expansion in Argentina faces price challenges (OilPrice).

  • UN rejects carbon credits as emission reduction tool (Oil and Gas 360).

  • Backlash on Reddit against the NYT article: “Why is the Oil Industry Booming?” (Hart Energy).

Deal Flow

M&A/Investment

  • EQT to market remaining Marcellus non-op assets (Hart Energy).

  • Shell to sell Scottish offshore wind leases to refocus on oil and gas (Oil and Gas 360).

  • Energy Transfer and Sunoco form joint venture for gathering assets in Permian (PBOG Magazine).

  • SK ES and SK Innovation to merge, unifying O&G and alternative energy businesses (Rigzone)

IPO/Direct Listing/Issuances/Block Trades

  • No deals that match this criteria.

Debt

SPAC

  • No deals that match this criteria.

Bankruptcy/Restructuring/Distressed

  • No deals that match this criteria.

Fundraising

  • No deals that match this criteria.

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Stan S. Valdez, P.E. President

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