Ithaca Energy (ITH.L) said Thursday its Ithaca Energy (North Sea) subsidiary priced its offering of 155 million euros of additional 5.5% senior notes due 2031 through a private placement.
The North Sea-focused exploration and production company said the new notes will have the same terms as its existing 450 million-euro senior notes also due in 2031.
EQT (EQT) has entered into a new partnership with Alphabet's (GOOG, GOOGL) Google Cloud to deploy artificial intelligence tools across its more than 300 portfolio companies worldwide, the companies said Thursday.The collaboration provides EQT's portfolio companies with access to Google Cloud's AI stack, including Gemini, cybersecurity tools and sovereign cloud services, along with support from Google engineers and partners to scale AI deployment, according to a statement.The partnership also aims to boost commercialization for EQT-backed software firms through Google Cloud Marketplace and co-sell programs, supporting broader enterprise adoption of agentic AI, the companies added.
BP (BP) will become operator of Azerbaijan's offshore Babek natural gas field under an agreement expected to be announced with state energy company SOCAR on June 1, Reuters reported Thursday, citing three unnamed sources.The Babek field is estimated to contain around 400 billion cubic meters of natural gas and 80 million tonnes of condensate, according to the report.The project is currently part of a SOCAR-led unit but will become a separate development operated by BP, Reuters reported.BP did not immediately respond to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
ShaMaran Petroleum (SNM.ST) completed its corporate continuance, changing its primary listing to Bermuda from Canada, according to a Thursday release.The oil and gas company's shares have been delisted from the TSX Venture Exchange in Toronto, and are expected to start trading on the Euronext Growth Oslo under the ticker SNM, starting June 5.The company plans a retail share offering of 1 million euros, equivalent to Norwegian kroner, to satisfy the listing criteria.