KLR Energy Acquisition Corp. and Tema Oil and Gas Co. have agreed to merge, creating a new firm named Rosehill Resources Inc. with 4,771 net acres in the core of the Delaware basin in Loving County, Tex.
State-owned Sonatrach SPA has let a contract to Tecnicas Reunidas SA, Madrid, to deliver engineering and project management consultancy (PMC) services for two grassroots units to be built at the 16.5-million tonne/year refinery in Skikda.
Esso Exploration and Production Guyana Ltd. (EEPGL), an ExxonMobil Corp. subsidiary, has let contracts to SBM Offshore NV for a floating production, storage, and offloading (FPSO) vessel for Liza field offshore Guyana.
Total SA has agreed to buy 23% of Tellurian Investments Inc. at $5.85/share for $207 million.
Chesapeake Energy Corp., Oklahoma City, has agreed to sell a portion of its acreage and producing properties in its Haynesville shale operating area in northern Louisiana to an affiliate of Dallas-based Covey Park Energy LLC for $465 million.
Magdalena Moll has been named senior vice-president of corporate affairs for OMV AG, Vienna, effective Jan. 1.
The DBP Development Group, 100% owned by DUET Group, is planning to redevelop the depleted Tubridgi gas field, onshore Carnarvon basin of Western Australia, as a gas storage facility with a capacity to hold 42 petajoules of gas.
The Perth-based partnership of Quadrant Energy Ltd. and Carnarvon Petroleum Ltd. has reported success at its Phoenix South-2 appraisal well in Bedout subbasin permit WA-435-P in Australia.
Varo Energy BV, a midstream company owned by The Carlyle Group and Vitol Group, has entered formal negotiations with Royal Dutch Shell PLC for the purchase of Shell’s 37.5% minority interest in PCK Raffinerie GMBH’s 220,000-b/d refinery in Schwedt, Germany, located along Druzhba pipeline in Schwedt, Germany, about 120 km northeast of Berlin.
Saddle Butte San Juan LLC, Durango, Colo., withdrew its right-of-way application for its proposed Pinon Pipeline project, the US Bureau of Land Management’s Farmington, NM, field office reported. The midstream company cited market conditions for its decision, BLM said.