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Transocean Ltd. Announces $232 Million Ultra-Deepwater Drillship Contract – Deepwater Atlas with bp in the U.S. Gulf of Mexico

Transocean Ltd. Announces $232 Million Ultra-Deepwater Drillship Contract – Deepwater Atlas with bp in the U.S. Gulf of Mexico

by Efrain Garcia | Sep 21, 2024 | Upstream News

STEINHAUSEN, Switzerland, Sept. 10, 2024 (GLOBE NEWSWIRE) — Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced a 365-day contract for the Deepwater Atlas with bp in the U.S. Gulf of Mexico. The contract also provides for a 365-day option. The program is...
$1.8 Billion : Quantum Capital Group Acquires Assets from Caerus Oil and Gas for $1.8 Billion

$1.8 Billion : Quantum Capital Group Acquires Assets from Caerus Oil and Gas for $1.8 Billion

by Efrain Garcia | Aug 20, 2024 | Upstream News

Establishes QB Energy to Own and Operate the Piceance Assets Existing Quantum Portfolio Company KODA Resources to Own and Operate the Uinta Assets HOUSTON, Aug. 19, 2024 (GLOBE NEWSWIRE) — Quantum Capital Group (“Quantum”) and Caerus Oil and Gas (“Caerus”) today...
MERGER: Leading Independent Proxy Advisory Firm ISS Recommends Stockholders Vote “FOR” Dril-Quip’s Merger with Innovex

MERGER: Leading Independent Proxy Advisory Firm ISS Recommends Stockholders Vote “FOR” Dril-Quip’s Merger with Innovex

by Efrain Garcia | Aug 19, 2024 | Upstream News

This News Article is Brought to you by: ISS endorses transaction to create a unique energy industrial platform with greater scale, strong EBITDA, free cash flow generation, and significant opportunities to grow value for all stockholders ISS notes that “a vote for the...
Moving To Texas: Chevron announces headquarters relocation and senior leadership changes

Moving To Texas: Chevron announces headquarters relocation and senior leadership changes

by Efrain Garcia | Aug 2, 2024 | Upstream News

This news article is brought to you by: San Ramon, Calif., August 2, 2024 – Chevron Corporation (NYSE:CVX) today announced the relocation of the company’s headquarters from San Ramon, California, to Houston, Texas, and senior leadership changes. Headquarters...
$817.5 Million Acquisition: Permian Resources Announces Strategic Bolt-On Acquisition of Core Delaware Basin Assets

$817.5 Million Acquisition: Permian Resources Announces Strategic Bolt-On Acquisition of Core Delaware Basin Assets

by Efrain Garcia | Jul 30, 2024 | Upstream News

Breaking News brought to you by: July 29, 2024 06:31 AM Eastern Daylight Time: MIDLAND, Texas–(BUSINESS WIRE)–Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) today announced that it has entered into a definitive agreement...
Occidental Announces Progress on Divestiture and Debt Reduction Program

Occidental Announces Progress on Divestiture and Debt Reduction Program

by Efrain Garcia | Jul 29, 2024 | Upstream News

Breaking News brought to you by: Agreed to sell certain Delaware Basin assets in Texas and New Mexico to Permian Resources for approximately $818 million Additional dispositions in 2024 with total purchase price proceeds of approximately $152 million bring total...
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