Thursday, August 7, 2025
Cenovus floated as potential competing bidder for hostile takeover target MEG Energy- oil and gas 360

Cenovus floated as potential competing bidder for hostile takeover target MEG Energy

(BOE Report)– Oilsands giant Cenovus Energy Corp. has been cited by industry watchers as one of the potential competing bidders for MEG Energy Corp., which has spurned an unsolicited offer from Strathcona Resources Ltd. and launched a formal review of alternative options.   MEG and Cenovus have neighbouring flagship oilsands projects south of Fort McMurray, Alta., at Christina Lake that use steam wells to

Libya’s first oil bid round in 18 years offers production sharing contracts- oil and gas 360

Libya’s first oil bid round in 18 years offers production sharing contracts

(Oil Price) – Libya will offer production sharing agreements to the successful bidders in its first oil and gas exploration bid round in 18 years, top Libyan oil officials said at an event in London on Monday. Libya is offering a total of 22 blocks for exploration and development, 11 offshore and 11 onshore blocks, including areas with undeveloped discoveries, in the first International Exploration