Deals of the Week: Majors Look to Frontier Regions for New Acquisitions
Some of the largest oil and gas companies in the world continued to venture into the less conventional regions of the world this week in their quest to locate their next megaproject. Fresh from their negotiation of exploration blocks in Kurdistan, ExxonMobil’s next target materialised via a farm-in of Block LB-13 in the ultra deep .. read more
On November 18th, 2011,
posted in: Uncategorized by Eoin Coyne
Deals of the Week: Apache Makes Surprise Move for ExxonMobil North Sea Assets
Apache agreed a $1.75 billion deal this week with ExxonMobil for the acquisition of a mature portfolio of UK North Sea assets. The deal is the largest in the region since the UK Government increased the supplementary tax rate to 32% in the UK’s March 2011 budget, which increased the tax burden for some fields .. read more
On September 23rd, 2011,
posted in: Oil & Gas Deals by Eoin Coyne