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.
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