LandBridge to acquire 46,000 acres in Southern Delaware Basin for $245m
LandBridge plans to fund the acquisition with proceeds from a private placement and borrowings under its debt facilities.
Latest edition: 20 November 2024
Latest edition: 20 November 2024
LandBridge plans to fund the acquisition with proceeds from a private placement and borrowings under its debt facilities.
This agreement marks a significant step towards the SASREF expansion project in Jubail.
Technologies like batteries as well as those for solar, wind, nuclear and hydrogen power generation depend on critical minerals.
The project is set to be operational by 2030, providing five million tonnes (mtpa) of petrochemical feedstock to the Gulei Petrochemical Base.
The order includes a mandate to post a security deposit and ensure reasonable care and measures for its sites.
DT Midstream will gain 100% operating ownership of the pipelines.
Leveraging TotalEnergies’ advanced AUSEA technology, the partnership aims to drive a new level of precision in emissions monitoring.
The plan includes ordinary dividends starting at $45bn (259.59 reais) and up to $10bn in extraordinary dividends.
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