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QEP Resources acquires Permian assets for US$600 million
Following a wave of M&A deals in Lower 48 during the first three weeks of July 2016, QEP Resources announced its plan to acquire 9,400 net acres, t...
Readying for revival: inaugural upstream Latin America month in brief
In our inaugural Latin America upstream month in brief, we highlight the key stories in the region over the last month, adding our expert opinion a...
Oil sands at high oil prices
With the Russia/Ukraine conflict putting extreme pressure on global commodities, Canada’s oil sands sector is reaching peak production levels at a ...
OKEA agrees transformational Norway acquisition from Shell
Shell has announced the sale of its interests in the Draugen (44.56%) and Gjøa (12%) assets offshore Norway to OKEA for a consideration of US$556 m...
OMV acquires a 24.99% stake in South Russkoye from Uniper for US$1.85 billion
OMV is adding over 100,000 boe/d of net production and cementing Russia as a core strategic region with the acquisition of a 25% stake in South Rus...
Ordos Basin CBM unconventional play
The Ordos Basin is an emerging CBM play with a potentially enormous resource base, where in-place volumes are estimated at near 400 tcf. The basin ...
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