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Petroleum Geo Services Explain Offshore Eastern Mediterranean
Petroleum Geo-Services explain why they think a new hydrocarbon province could open up offshore Cyprus and Lebanon in the next few years. With industry interest reawakened by recent deepwater, sub-salt gas finds offshore Israel, the eastern Mediterranean and Levantine Basin today loom large on the frontier exploration agenda. Offshore Cyprus and Lebanon are huge unexplored [...]
Thursday, March 4th, 2010Oil and Gas Companies Targets Merger and Acquisition
Oil and gas companies, including Devon Energy, Occidental Petroleum and Chesapeake Energy, could be targets for mergers and acquisitions in the coming year after bottoming out in 1Q 2009, M&A in the industry have been on a sharp upswing, said Deloitte vice chairman and senior oil & gas leader Gary Adams at the Energy M&A [...]
Wednesday, February 24th, 2010