TotalEnergies, in partnership with APA Corporation and Staatsolie, has officially approved the Final Investment Decision (FID) for the $10.5 billion GranMorgu oil development offshore Suriname. This transformative project will develop the Sapakara South and Krabdagu oil discoveries located in Block 58, 150 kilometers off Suriname’s coast. The GranMorgu venture is poised to be a game-changer, […]
APA Corporation has entered into a definitive agreement to sell its non-core properties in the Permian Basin for $950 million to an undisclosed buyer, a move aimed at reducing the company’s debt load. The sale includes assets in the Central Basin Platform, Texas and New Mexico Shelf, and Northwest Shelf, currently producing around 21,000 barrels […]
APA Corporation (NASDAQ: APA) and Callon Petroleum Company (NYSE: CPE) have announced a definitive agreement that marks a significant shift in the energy industry. In an all-stock transaction valued at approximately $4.5 billion, including Callon’s net debt, APA Corporation is set to acquire Callon Petroleum. This strategic move is expected to bring about a transformative […]
