In this Episode of Oil & Gas This Week: Chevron to buy Anadarko Petroleum in a $33 billion cash and stock deal, Oil and gas M&A ground to a halt in the first quarter, 2019 Oil and Gas Exploration Off to Flying Start, Pioneer Natural Resources looks to cut costs with ‘generous’ buyout offer and more industry news.
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Stories:
Chevron to buy Anadarko Petroleum in a $33 billion cash and stock deal
Oil and gas M&A ground to a halt in the first quarter
2019 Oil and Gas Exploration Off to Flying Start
Pioneer Natural Resources looks to cut costs with ‘generous’ buyout offer
Saudis Threaten ‘Nuclear Option’ To Kill Petrodollar
Chevron launches $90M venture capital fund
Weekly Rig Count
As of 4/25/2019 – The American Rig count is 1046 active rigs.
Monthly Happy Hour
Oil & Gas Global Network is hosting a happy hour on April 30th, from 6-9 PM.
Come out and enjoy a cold beer, food will be provided, and network with other professionals in oil & gas! This month’s happy hour will be held at The Cannon.
This month’s happy hour is brought to you by Cresa, HEB and Karbach Brewery.
Cresa’s Oil & Gas Practice Group provides occupier-only corporate real estate consulting to companies associated with the oil and gas industry, providing superior service and unique insight throughout the world’s exploration areas. With a collective team experience of over 150 years and more than 10 million square feet of completed assignments, Cresa’s agile team can help guide companies ranging from start-ups to super majors in all of their real estate needs, advising clients from site selection and acquisition through workplace strategy, construction and logistics analysis. Learn more at www.cresa.com.
Karbach– OGGN’s official drink sponsor. Bringing you Texas-brewed beer! Find out about their beer here.
H-E-B– OGGN’s official food sponsor. Find out more here.
OGGN is always accepting Happy Hour sponsors. If you would like to get your company in front of our large young, professional audience, reach out to our Project Coordinator, Julie McLelland by e-mail.
IBM Giveaway — Coming Soon!
Sign-up for your chance to win a T-shirt with a unique serial number. This means each shirt is different making it an awesome collector’s item! Plus it comes inside an official OGGN insulated tumbler.
At the end of the year we will have a drawing to win our grand prize! This will be a pool of all of the serial numbers on the t-shirts! The grand prize will be announced a bit later in the year!
OGGN Announcements
We are excited to announce we have launched a new podcast! Permian Perspective Podcast hosted by Krista Escamilla. You can listen and subscribe here. Her podcast will showcase stories and tips/advice for everything to do with the Permian!
Upcoming Events
API Sporting Clays
When: May 4, 2019
Where: Houston, TX
Dress: Casual
29th Annual Sporting Clays Tournament, sign up here.
Multinational Monday by Young Texas Professionals
When: Monday, May 6th, 2019 | 5:30-10:00 PM
Where: Houston, TX
Dress: Business to Business Casual
Come join us as we kick-off OTC with the Fourth Annual Multinational Monday event. Visit with us throughout the night as you come and go to other receptions.
Offshore Technology Conference (OTC)
When: May 6-9th, 2019
Where: Houston, TX
Dress: Business Casual
OTC 2019 will have an opening general session on Monday morning, 6 May, under the theme”OTC’s Golden Anniversary Opening Session: The Next 50 Years of Offshore Developments.” Industry executives will explore how companies are preparing for the brave new world of digitalization, automation, and machine learning. What is their vision for the future of offshore E&P operations?
Free Passes: From our friends at Emerson & From our friends at Parker
Mergermarket Energy Forum
When: May 21, 2019
Where: Houston, TX
Dress: Business to Business Casual
The annual Mergermarket Energy Forum is the go-to event to learn about M&A and private equity opportunities in North America’s energy sector in addition to updates on the latest trends across various subsectors. Join us in 2019 as experts discuss dynamics opening up pathways for deals as well as generating headwinds over the next 12 months.
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