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25 Jul 26 |
US: Vitol sells VTX Energy Partners to Verde Operating Company Vitol has agreed to sell its US upstream company, VTX Energy Partners, to Verde Operating Company, for an undisclosed sum. VTX was created in 2022 by Vitol and the former ATX management team, led by Gene Shepherd and Erik Hoover. Today, VTX is a successful operation, producing 60,000 barrels of oil equivalent a day in the southern Delaware Basin, spanning Reeves and Pecos counties, Texas. |
23 Jul 26 |
US: Matador Resources Company announces strategic Delaware Basin acquisitions and successful Woodford exploration well results Matador Resources Company has announced two of its catalysts for this year. First, a wholly-owned subsidiary of Matador has entered into a definitive agreement to acquire Paloma Permian LLC, a portfolio company of EnCap Investments, and secondly, Matador agreed to acquire primarily undeveloped acreage in what it believes to be the heart of the Woodford play in West Texas and Southeast New Mexico from Ridge Runner Resources. |
22 Jul 26 |
Brazil: Vallourec wins a contract with Allseas for Atapu 2 offshore project in Brazil Vallourec, a world leader in premium seamless tubular solutions, has been awarded a contract by Allseas for the supply of carbon steel seamless line pipes and thermal insulation coating for the Atapu 2 project developed by the Unitized ATAPU consortium operated by Petrobras. |
