Marathon Oil Corporation (MRO) - Oil & Gas - Deals and Alliances Profile

 Published On: Jul, 2017 |    No of Pages: 123 |  Published By: GlobalData | Format: PDF
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Summary

Marathon Oil Corporation (MRO) is independent oil and gas company, which explores, produces and markets liquid hydrocarbons and natural gas. The company also markets synthetic crude oil produced from oil sands. It operates oil sands mining business in the Athabasca Oil Sands Project (AOSP), Alberta, Canada. Its major properties are located in Eagle Ford, Oklahoma Resource play and Bakken play. MRO also holds interests in Gunflint field located on Mississippi Canyon Blocks. The company has operational presence in Equatorial Guinea, Canada, the US, Libya, the UK and Gabon. MRO is headquartered in Houston, Texas, the US.

Marathon Oil Corporation (MRO) - Oil & Gas - Deals and Alliances Profile provides you comprehensive data and trend analysis of the company's Mergers and Acquisitions (M&As), partnerships and financings. The report provides detailed information on Mergers and Acquisitions, Equity/Debt Offerings, Private Equity, Venture Financing and Partnership transactions recorded by the company over a five year period. The report offers detailed comparative data on the number of deals and their value categorized into deal types, sub-sector and regions.

GlobalData derived the data presented in this report from proprietary in-house Oil & Gas eTrack deals database, and primary and secondary research.

Scope

- Financial Deals - Analysis of the company's financial deals including Mergers and Acquisitions, Equity/Debt Offerings, Private Equity, Venture Financing and Partnerships.
- Deals by Year - Chart and table displaying information encompassing the number of deals and value reported by the company by year, for a five year period.
- Deals by Type - Chart and table depicting information including the number of deals and value reported by the company by type such as Mergers and Acquisitions, Equity/Debt Offering etc.
- Deals by Region - Chart and table presenting information on the number of deals and value reported by the company by region, which includes North America, Europe, Asia Pacific, the Middle East and Africa and South and Central America.
- Deals by Sub-sector - Chart and table showing information on the number of deals and value reported by the company, by sub-sector.
- Major Deals - Information on the company's major financial deals. Each such deal has a brief summary, deal type, deal rationale; and deal financials and target Company's (major public companies) key financial metrics and ratios.
- Business Description - A brief description of the company's operations.
- Key Employees - A list of the key executives of the company.
- Important Locations and Subsidiaries - A list and contact details of key centers of operation and subsidiaries of the company.
- Key Competitors - A list of the key competitors of the company.
- Key Recent Developments - A brief on recent news about the company.

Reasons to Buy

Get detailed information on the company's financial deals that enable you to understand the company's expansion/divestiture and fund requirements
- The profile enables you to analyze the company's financial deals by region, by year, by business segments and by type, for a five year period.

Understand the company's business segments' expansion / divestiture strategy
- The profile presents deals from the company's core business segments' perspective to help you understand its corporate strategy.

Access elaborate information on the company's recent financial deals that enable you to understand the key deals which have shaped the company
- Detailed information on major recent deals includes a summary of each deal, deal type, deal rationale, deal financials and Target Company's key financial metrics and ratios.

Equip yourself with detailed information about the company's operations to identify potential customers and suppliers.
- The profile analyzes the company's business structure, locations and subsidiaries, key executives and key competitors.

Stay up-to-date on the major developments affecting the company
- Recent developments concerning the company presented in the profile help you track important events.

Gain key insights into the company for academic or business research
- Key elements such as break up of deals into categories and information on detailed major deals are incorporated into the profile to assist your academic or business research needs.

Note*: Some sections may be missing if data is unavailable for the company.

Table of Contents
Table of Contents 2
List of Tables 5
List of Figures 7
Marathon Oil Corporation, Oil & Gas, Deals By Year, 2011 to YTD 2017 8
Marathon Oil Corporation, Oil & Gas Deals By Type, 2011 to YTD 2017 9
Marathon Oil Corporation, Oil & Gas, Deals By Region, 2011 to YTD 2017 10
Marathon Oil Corporation, Oil & Gas, Deals By Sector, 2011 to YTD 2017 11
Marathon Oil Corporation, Oil & Gas, Deals Summary, 2011 to YTD 2017 12
Marathon Oil Corporation, Oil & Gas, Deal Details 16
Asset Purchase 16
Marathon Oil Completes Acquisition Of Additional Oil And Gas Acreage In Permian Basin In New Mexico From Black Mountain Oil For US$700 Million 16
Marathon Oil Completes Acquisition Of Oil And Gas Acreage In Permian Basin From BC Operating For US$1.1 Billion 17
Marathon Oil Acquires Oil And Gas Acreage In Oklahoma For US$60 Million 18
Marathon Oil Acquires Oil And Gas Acreage In Oklahoma For US$80 Million 19
Marathon Ethiopia Completes Acquisition Of 50% Interest In Rift Basin Area, Ethiopia From Africa Oil For US$16.3 Million 19
Marathon Oil Acquires 4,800 Net Acres In EagleFord Shale, Texas For US$97 Million 20
Marathon Ethiopia Completes Acquisition Of 20% Working Interest In South Omo Block In Ethiopia From Agriterra For US$50 Million 21
Marathon Oil Completes Acquisition Of 21.25% Interest In Diaba License G4-223 In Gabon Form Total Gabon 22
Marathon Oil Completes Acquisition Of Interest In Exploration Blocks 9 And 12A From Africa Oil 23
Lundin Petroleum And Marathon Petroleum Acquires 30% Interest Each In PL330 In Norwegian Sea From RWE Dea 25
Marathon Petroleum Norge Acquires 10% Interest In Brynhild Prospect And 12.5% Interest In 15/5-2 In Norway From Statoil 26
Private Equity 26
EnCap Investments Invests In Payrock Energy 26
Partnerships 27
Lucas Energy Forms Joint Venture With Marathon Oil 27
Equity Offering 28
Marathon Oil Completes Public Offering Of Shares For US$1.28 Billion 28
Debt Offering 29
Marathon Oil Completes Public Offering Of 2.7% Notes, Due 2020 For US$600 Million 29
Marathon Oil Completes Public Offering Of 3.85% Senior Notes, Due 2025 For US$900 Million 30
Marathon Oil Completes Public Offering Of 5.2% Senior Notes, Due 2045 For US$500 Million 32
Marathon Oil Completes Public Offering Of 2.8% Notes Due 2022 For US$1 Billion 33
Marathon Oil Completes Public Offering Of 0.9% Notes Due 2015 For US$1 Billion 35
Asset Transactions 36
Marathon Oil Completes Sale Of Non-Core Upstream And Midstream Assets In Wyoming To Merit Energy For US$845 Million 36
Marathon Oil Completes Sale Of Gas Assets In Uinta Basin, Utah 38
Marathon Oil Completes Sale Of Non-Operated Conventional Oil And Gas Assets In West Texas And New Mexico For US$235 Million 38
Marathon Oil Completes Sale Of Oil And Gas Assets In Texas And New Mexico 39
Marathon Oil Completes Sale Of Oil And Gas Assets In Permian Basin, Texas 40
Venari Resources Completes Acquisition Of Additional 7% Interest In Shenandoah Oil Field In Gulf of Mexico From Marathon Oil 41
Marathon Oil To Sell Non-Core Oil And Gas Assets In Gulf of Mexico, Colorado And Texas For US$80 Million 42
Delonex Energy Completes Acquisition Of Exploration Oil And Gas Acreage In Ethiopia And Kenya From Marathon Oil For US$10 Million 42
Marathon Oil Completes Sale Of 30% Interest In Neptune Field In Gulf of Mexico For US$4 Million 43
Marathon Oil Completes Sale Of Interest In Gulf of Mexico Oil Assets For US$111 Million 44
Marathon Oil Completes Sale Of Gas Assets In Texas, Louisiana And Oklahoma For US$100 Million 45
Marathon Oil Sells Certain Non Core Oil And Gas Acreage In Williston Basin, North Dakota For US$90 Million 46
Sonangol Completes Acquisition Of 10% Interest In Block 32, Offshore Angola, From Marathon Oil For US$590 Million 46
Sonangol Sinopec Completes Acquisition Of Additional 10% Interest In Block 31, Offshore Angola, From Marathon For US$1.5 Billion 47
Marathon Oil Sells 30% Interest In Madagascar Prospect In Gulf of Mexico 49
Marathon Oil Sells Oil And Gas Acreage In DJ Basin, Colorado, For US$19 Million 49
Samchully Asset Management Acquires 34% Interest In Neptune Gas Processing Plant In Louisiana From Marathon Oil For US$170 Million 50
Marathon Oil Completes Sale Of Oil And Gas Assets In Alaska To Hilcorp Alaska For US$195 Million 51
Japan Petroleum Exploration Acquires Additional Working Interest In EagleFord Shale Oil Project In Texas 52
Marathon Oil Plans To Sell 100,000 Acres In EagleFord Shale In South Texas 53
Marathon Oil Sells Eagle Ford Acreage In Texas For US$9 Million 53
Total Acquires 35% Interest In Harir And Safen Blocks In Iraq From Marathon Oil For US$140 Million 54
American Midstream Partners Acquires 50% Interest In Burns Point Gas Plant From Marathon Oil For US$35.5 Million 55
Marathon Oil Plans To Sell Minority Stake In Deepwater Gulf Of Mexico Assets In U.S. 56
Marathon Oil Sells Interest In LNG Processing Facility In Alaska 57
ConocoPhillips Acquires Remaining 30% Interest In Kenai LNG Plant From Marathon Oil 57
Mitsui Acquires 9% Working Interest In Shale Gas Exploration Concessions From Marathon Oil 58
Marubeni Acquires 30% Working Interest In 180,000 Net Acres In Niobrara Shale From Marathon Oil For US$270 Million 59
Nexen Petroleum Acquires 40% Working Interest In 10 Concessions In Paleozoic Shale Play From Marathon Oil 60
Maersk Oil Acquires Minority Interest In Three Production Licenses From Marathon Petroleum Norge 61
Statoil Acquires 8.2% Interest In Gudrun/Sigrun In Norway From Marathon Petroleum Norge 62
Marathon Oil Plans To Sell Marcellus Shale Assets In West Virginia And Pennsylvania 63
Spring Energy Completes Acquisition Of 17.5% Interest In PL 438 In Barents Sea From Marathon Petroleum 63
Acquisition 64
Shell And Canadian Natural Resources Completes Acquisition Of Marathon Oil Canada From Marathon Oil For US$2.5 Billion 64
Marathon Oil Completes Acquisition Of PayRock Energy From EnCap Investments For US$904 Million 66
Shell Midstream Partners Acquires 36% Stake In Poseidon Oil Pipeline From Equilon Enterprises For US$350 Million 67
Det norske Completes Acquisition Of Marathon Oil Norge For US$2.7 Billion 68
Marathon Oil Plans To Sell Stake In Waha Oil 70
Marathon Oil Completes Acquisition Of Paloma Partners II For US$768 Million 71
Genesis Energy Completes Acquisition Of Interest In Poseidon Oil Pipeline, Odyssey Pipeline And Eugene Island Pipeline System For US$206 Million 72
Marathon Oil Acquires Hilcorp Resources Holdings From Hilcorp Energy And Kohlberg Kravis Roberts For US$3.5 Billion 73
Marathon Oil Corporation - Key Competitors 75
Key Employees 76
Locations And Subsidiaries 77
Head Office 77
Other Locations & Subsidiaries 77
Recent Developments 85
License Rounds 85
Jun 06, 2016: Equatorial Guinea launches oil and gas licensing round 85
Strategy and Business Expansion 86
Apr 25, 2017: Carrier Energy Partners Exits Delaware Basin 86
Jul 28, 2016: Maersk Drilling: Maersk Valiant Contract Cancelled 87
Drilling and Production Updates 88
Jul 21, 2016: Noble Energy Commences Production At Gunflint In The Gulf Of Mexico 88
Financial Announcements 89
May 04, 2017: Marathon Oil Reports First Quarter 2017 Results 89
Feb 15, 2017: Marathon Oil Reports Fourth Quarter And Full Year 2016 Results 91
Nov 02, 2016: Marathon Oil Reports Third Quarter 2016 Results 94
Aug 03, 2016: Marathon Oil Reports Second Quarter 2016 Results 96
Feb 17, 2016: Marathon Oil Reports Fourth Quarter And Full-Year 2015 Results 99
Other Significant Developments 102
Jun 02, 2017: Cheniere Energy Announces Achievement Of Regulatory And Financial Milestones For Midship Pipeline Project 102
May 24, 2017: Crestwood Announces Contribution Of Willow Lake Assets To Delaware Basin Joint Venture With First Reserve And Expansion Of Processing Capacity 103
May 18, 2017: Coreworx Confirmed To Speak At World's Largest Downstream Industry Event 105
Mar 17, 2017: Cheniere Energy Announces Key Commercial Agreements Signed And Binding Open Season Launched On Midship Pipeline Project 106
Mar 08, 2017: Brookside Energy Announces Next Non-Operated STACK Well Funded 107
Feb 23, 2017: Empyrean Energy Provides Update On Pearl River Mouth Basin Project Offshore China 108
Feb 23, 2017: Marathon Oil appoints executive vice president and CFO 109
Feb 16, 2017: ShaMaran Announces Atrush 2016 Year-End Reserves Estimates 110
Feb 15, 2017: Marathon Oil Announces 2017 Capital Program; Accelerating Activity And Raising Long-Term Growth Rates For U.S. Resource Plays 111
Aug 22, 2016: Marathon Oil Announces Leadership Changes 113
Aug 02, 2016: Maersk Drilling To Slash 122 Jobs In US 114
Jul 14, 2016: Marathon Oil Announces First Gas From Alba B3 Compression Platform 115
May 04, 2016: Marathon Oil Reports First Quarter 2016 Results 116
Feb 17, 2016: Marathon Oil 2016 Capital Program $1.4 Billion; Reduced Over 50% Year-over-Year 119
New Contracts Announcements 121
Jan 26, 2016: JDR Awarded North Sea Umbilical Contract 121
Jan 11, 2016: EICE: Marathon Oil Eagle Ford Program, South Texas Digital Oil Field Phase II Awarded 122
Appendix 123
Methodology 123
About GlobalData 123
Contact Us 123
Disclaimer 123

List of Tables
Marathon Oil Corporation, Oil & Gas, Key Facts, 2016 1
Marathon Oil Corporation, Oil & Gas, Deals Summary, 2011 to YTD 2017 1
Marathon Oil Corporation, Oil & Gas, Deals By Year, 2011 to YTD 2017 8
Marathon Oil Corporation, Oil & Gas Deals By Type, 2011 to YTD 2017 9
Marathon Oil Corporation, Oil & Gas, Deals By Region, 2011 to YTD 2017 10
Marathon Oil Corporation, Deals By Sector, 2011 to YTD 2017 11
Marathon Oil Corporation, Oil & Gas, Deals Summary, 2011 to YTD 2017 12
Marathon Oil Completes Acquisition Of Additional Oil And Gas Acreage In Permian Basin In New Mexico From Black Mountain Oil For US$700 Million 16
Marathon Oil Completes Acquisition Of Oil And Gas Acreage In Permian Basin From BC Operating For US$1.1 Billion 17
Marathon Oil Acquires Oil And Gas Acreage In Oklahoma For US$60 Million 18
Marathon Oil Acquires Oil And Gas Acreage In Oklahoma For US$80 Million 19
Marathon Ethiopia Completes Acquisition Of 50% Interest In Rift Basin Area, Ethiopia From Africa Oil For US$16.3 Million 19
Marathon Oil Acquires 4,800 Net Acres In EagleFord Shale, Texas For US$97 Million 20
Marathon Ethiopia Completes Acquisition Of 20% Working Interest In South Omo Block In Ethiopia From Agriterra For US$50 Million 21
Marathon Oil Completes Acquisition Of 21.25% Interest In Diaba License G4-223 In Gabon Form Total Gabon 22
Marathon Oil Completes Acquisition Of Interest In Exploration Blocks 9 And 12A From Africa Oil 23
Lundin Petroleum And Marathon Petroleum Acquires 30% Interest Each In PL330 In Norwegian Sea From RWE Dea 25
Marathon Petroleum Norge Acquires 10% Interest In Brynhild Prospect And 12.5% Interest In 15/5-2 In Norway From Statoil 26
EnCap Investments Invests In Payrock Energy 26
Lucas Energy Forms Joint Venture With Marathon Oil 27
Marathon Oil Completes Public Offering Of Shares For US$1.28 Billion 28
Marathon Oil Completes Public Offering Of 2.7% Notes, Due 2020 For US$600 Million 29
Marathon Oil Completes Public Offering Of 3.85% Senior Notes, Due 2025 For US$900 Million 30
Marathon Oil Completes Public Offering Of 5.2% Senior Notes, Due 2045 For US$500 Million 32
Marathon Oil Completes Public Offering Of 2.8% Notes Due 2022 For US$1 Billion 33
Marathon Oil Completes Public Offering Of 0.9% Notes Due 2015 For US$1 Billion 35
Marathon Oil Completes Sale Of Non-Core Upstream And Midstream Assets In Wyoming To Merit Energy For US$845 Million 36
Marathon Oil Completes Sale Of Gas Assets In Uinta Basin, Utah 38
Marathon Oil Completes Sale Of Non-Operated Conventional Oil And Gas Assets In West Texas And New Mexico For US$235 Million 38
Marathon Oil Completes Sale Of Oil And Gas Assets In Texas And New Mexico 39
Marathon Oil Completes Sale Of Oil And Gas Assets In Permian Basin, Texas 40
Venari Resources Completes Acquisition Of Additional 7% Interest In Shenandoah Oil Field In Gulf of Mexico From Marathon Oil 41
Marathon Oil To Sell Non-Core Oil And Gas Assets In Gulf of Mexico, Colorado And Texas For US$80 Million 42
Delonex Energy Completes Acquisition Of Exploration Oil And Gas Acreage In Ethiopia And Kenya From Marathon Oil For US$10 Million 42
Marathon Oil Completes Sale Of 30% Interest In Neptune Field In Gulf of Mexico For US$4 Million 43
Marathon Oil Completes Sale Of Interest In Gulf of Mexico Oil Assets For US$111 Million 44
Marathon Oil Completes Sale Of Gas Assets In Texas, Louisiana And Oklahoma For US$100 Million 45
Marathon Oil Sells Certain Non Core Oil And Gas Acreage In Williston Basin, North Dakota For US$90 Million 46
Sonangol Completes Acquisition Of 10% Interest In Block 32, Offshore Angola, From Marathon Oil For US$590 Million 46
Sonangol Sinopec Completes Acquisition Of Additional 10% Interest In Block 31, Offshore Angola, From Marathon For US$1.5 Billion 47
Marathon Oil Sells 30% Interest In Madagascar Prospect In Gulf of Mexico 49
Marathon Oil Sells Oil And Gas Acreage In DJ Basin, Colorado, For US$19 Million 49
Samchully Asset Management Acquires 34% Interest In Neptune Gas Processing Plant In Louisiana From Marathon Oil For US$170 Million 50
Marathon Oil Completes Sale Of Oil And Gas Assets In Alaska To Hilcorp Alaska For US$195 Million 51
Japan Petroleum Exploration Acquires Additional Working Interest In EagleFord Shale Oil Project In Texas 52
Marathon Oil Plans To Sell 100,000 Acres In EagleFord Shale In South Texas 53
Marathon Oil Sells Eagle Ford Acreage In Texas For US$9 Million 53
Total Acquires 35% Interest In Harir And Safen Blocks In Iraq From Marathon Oil For US$140 Million 54
American Midstream Partners Acquires 50% Interest In Burns Point Gas Plant From Marathon Oil For US$35.5 Million 55
Marathon Oil Plans To Sell Minority Stake In Deepwater Gulf Of Mexico Assets In U.S. 56
Marathon Oil Sells Interest In LNG Processing Facility In Alaska 57
ConocoPhillips Acquires Remaining 30% Interest In Kenai LNG Plant From Marathon Oil 57
Mitsui Acquires 9% Working Interest In Shale Gas Exploration Concessions From Marathon Oil 58
Marubeni Acquires 30% Working Interest In 180,000 Net Acres In Niobrara Shale From Marathon Oil For US$270 Million 59
Nexen Petroleum Acquires 40% Working Interest In 10 Concessions In Paleozoic Shale Play From Marathon Oil 60
Maersk Oil Acquires Minority Interest In Three Production Licenses From Marathon Petroleum Norge 61
Statoil Acquires 8.2% Interest In Gudrun/Sigrun In Norway From Marathon Petroleum Norge 62
Marathon Oil Plans To Sell Marcellus Shale Assets In West Virginia And Pennsylvania 63
Spring Energy Completes Acquisition Of 17.5% Interest In PL 438 In Barents Sea From Marathon Petroleum 63
Shell And Canadian Natural Resources Completes Acquisition Of Marathon Oil Canada From Marathon Oil For US$2.5 Billion 64
Marathon Oil Completes Acquisition Of PayRock Energy From EnCap Investments For US$904 Million 66
Shell Midstream Partners Acquires 36% Stake In Poseidon Oil Pipeline From Equilon Enterprises For US$350 Million 67
Det norske Completes Acquisition Of Marathon Oil Norge For US$2.7 Billion 68
Marathon Oil Plans To Sell Stake In Waha Oil 70
Marathon Oil Completes Acquisition Of Paloma Partners II For US$768 Million 71
Genesis Energy Completes Acquisition Of Interest In Poseidon Oil Pipeline, Odyssey Pipeline And Eugene Island Pipeline System For US$206 Million 72
Marathon Oil Acquires Hilcorp Resources Holdings From Hilcorp Energy And Kohlberg Kravis Roberts For US$3.5 Billion 73
Marathon Oil Corporation, Key Competitors 75
Marathon Oil Corporation, Key Employees 76
Marathon Oil Corporation, Other Locations 77
Marathon Oil Corporation, Subsidiaries 77

List of Figures
Marathon Oil Corporation, Oil & Gas, Deals by Type, 2011 to YTD 2017 1
Marathon Oil Corporation, Oil & Gas, Deals By Year, 2011 to YTD 2017 1
Marathon Oil Corporation, Oil & Gas, Deals By Region, 2011 to YTD 2017 1
Marathon Oil Corporation, Oil & Gas, Deals By Sector, 2011 to YTD 2017 1
Marathon Oil Corporation, Oil & Gas, Deals By Year, 2011 to YTD 2017 8
Marathon Oil Corporation, Oil & Gas, Deals by Type, 2011 to YTD 2017 9
Marathon Oil Corporation, Oil & Gas, Deals By Region, 2011 to YTD 2017 10
Marathon Oil Corporation, Oil & Gas, Deals by Sector, 2011 to YTD 2017 11


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