Page 1 - NorthAmOil Week 07 2023
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Issue 741 16•February•2023 Week 07
M&A rebound
Merger and acquisition activity in the US oil industry slowed last year but
could rebound in 2023.
Higher volumes
Enbridge is expecting higher throughput volumes on its Canadian Mainline
system in 2023 compared with the previous year.
Offshore combination
Talos Energy has completed its acquisition of EnVen Energy, doubling its
deepwater facility footprint.
SPR sale
The administration of US President Joe Biden is set to sell 26mn barrels of oil
from the country’s Strategic Petroleum Reserve.
