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

 Published On: Dec, 2016 |    No of Pages: 147 |  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. MRO conducts oil and gas production activities in North America, Africa and Middle East. It operates oil sands mining activities in the Athabasca Oil Sands Project (AOSP), Alberta, Canada. Its major properties are located in Eagle Ford, Oklahoma Resource play and Bakken play. The company has operational presence in Equatorial Guinea, Canada, the US, the Kurdistan Region of Iraq and the UK. 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, 2010 to YTD 2016 8
Marathon Oil Corporation, Oil & Gas Deals By Type, 2010 to YTD 2016 9
Marathon Oil Corporation, Oil & Gas, Deals By Region, 2010 to YTD 2016 10
Marathon Oil Corporation, Oil & Gas, Deals By Sector, 2010 to YTD 2016 11
Marathon Oil Corporation, Oil & Gas, Deals Summary, 2010 to YTD 2016 12
Marathon Oil Corporation, Oil & Gas, Deal Details 16
Asset Purchase 16
Marathon Oil Acquires Oil And Gas Acreage In Oklahoma For US$60 Million 16
Marathon Oil Acquires Oil And Gas Acreage In Oklahoma For US$80 Million 16
Marathon Ethiopia Completes Acquisition Of 50% Interest In Rift Basin Area, Ethiopia From Africa Oil For US$16.3 Million 17
Marathon Oil Acquires 4,800 Net Acres In EagleFord Shale, Texas For US$97 Million 18
Marathon Ethiopia Completes Acquisition Of 20% Working Interest In South Omo Block In Ethiopia From Agriterra For US$50 Million 19
Marathon Oil Completes Acquisition Of 21.25% Interest In Diaba License G4-223 In Gabon Form Total Gabon 20
Marathon Oil Completes Acquisition Of Interest In Exploration Blocks 9 And 12A From Africa Oil 21
Lundin Petroleum And Marathon Petroleum Acquires 30% Interest Each In PL330 In Norwegian Sea From RWE Dea 22
Marathon Petroleum Norge Acquires 10% Interest In Brynhild Prospect And 12.5% Interest In 15/5-2 In Norway From Statoil 23
Marathon Acquires 17,000 Acres In EagleFord Shale From Denali Oil & Gas 24
Marathon Oil Acquires Working Interest In Four Exploration Blocks In The Kurdistan Region of Iraq 25
Private Equity 26
EnCap Investments Invests In Payrock Energy 26
Kohlberg Kravis Roberts Invests US$400 Million In Hilcorp Resources 26
Partnerships 27
Lucas Energy Forms Joint Venture With Marathon Oil 27
Resolute Energy Partners With Marathon Oil 28
Equity Offering 29
Marathon Oil Completes Public Offering Of Shares For US$1.28 Billion 29
Debt Offering 30
Marathon Oil Completes Public Offering Of 2.7% Notes, Due 2020 For US$600 Million 30
Marathon Oil Completes Public Offering Of 3.85% Senior Notes, Due 2025 For US$900 Million 31
Marathon Oil Completes Public Offering Of 5.2% Senior Notes, Due 2045 For US$500 Million 33
Marathon Oil Completes Public Offering Of 2.8% Notes Due 2022 For US$1 Billion 34
Marathon Oil Completes Public Offering Of 0.9% Notes Due 2015 For US$1 Billion 36
Asset Transactions 37
Marathon Oil Completes Sale Of Non-Operated Conventional Oil And Gas Assets In West Texas And New Mexico For US$235 Million 37
Marathon Oil Completes Sale Of Oil And Gas Assets In Permian Basin, Texas 38
Marathon Oil Completes Sale Of Oil And Gas Assets In Texas And New Mexico 39
Marathon Oil Plans To Sell Gas Assets In Uinta Basin, Utah 40
Venari Resources Completes Acquisition Of Additional 7% Interest In Shenandoah Oil Field In Gulf of Mexico From Marathon Oil 40
Marathon Oil To Sell Non-Core Upstream And Midstream Assets In Wyoming To Merit Energy For US$870 Million 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 43
Marathon Oil Completes Sale Of 30% Interest In Neptune Field In Gulf of Mexico For US$4 Million 44
Marathon Oil Completes Sale Of Interest In Gulf of Mexico Oil Assets For US$111 Million 45
Marathon Oil Completes Sale Of Gas Assets In Texas, Louisiana And Oklahoma For US$100 Million 46
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 47
Sonangol Sinopec Completes Acquisition Of Additional 10% Interest In Block 31, Offshore Angola, From Marathon For US$1.5 Billion 48
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 50
Samchully Asset Management Acquires 34% Interest In Neptune Gas Processing Plant In Louisiana From Marathon Oil For US$170 Million 51
Marathon Oil Completes Sale Of Oil And Gas Assets In Alaska To Hilcorp Alaska For US$195 Million 52
Japan Petroleum Exploration Acquires Additional Working Interest In EagleFord Shale Oil Project In Texas 53
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 54
Total Acquires 35% Interest In Harir And Safen Blocks In Iraq From Marathon Oil For US$140 Million 55
American Midstream Partners Acquires 50% Interest In Burns Point Gas Plant From Marathon Oil For US$35.5 Million 56
Marathon Oil Plans To Sell Minority Stake In Deepwater Gulf Of Mexico Assets In U.S. 57
Marathon Oil Sells Interest In LNG Processing Facility In Alaska 57
ConocoPhillips Acquires Remaining 30% Interest In Kenai LNG Plant From Marathon Oil 58
Mitsui Acquires 9% Working Interest In Shale Gas Exploration Concessions From Marathon Oil 59
Marubeni Acquires 30% Working Interest In 180,000 Net Acres In Niobrara Shale From Marathon Oil For US$270 Million 60
Nexen Petroleum Acquires 40% Working Interest In 10 Concessions In Paleozoic Shale Play From Marathon Oil 61
Maersk Oil Acquires Minority Interest In Three Production Licenses From Marathon Petroleum Norge 62
Statoil Acquires 8.2% Interest In Gudrun/Sigrun In Norway From Marathon Petroleum Norge 63
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 64
Statoil To Acquire Production Licenses From Marathon 65
Marathon Petroleum Sells Its Minnesota Downstream Assets To ACON Investments And TPG Capital 66
High Plains Gas Acquires North & South Fairway Assets From Pennaco Energy 67
Mountain Hawk Acquires 50% Stake In Coal Bed Methane Field 68
Marathon Sells Its 20% Working Interest In Angola Block 32 To Sonangol 69
Plains All American Pipeline Acquires Additional Interest In Capline Pipeline And Tankage 70
Acquisition 71
Marathon Oil Completes Acquisition Of PayRock Energy From EnCap Investments For US$904 Million 71
Shell Midstream Partners Acquires 36% Stake In Poseidon Oil Pipeline From Equilon Enterprises For US$350 Million 73
Det norske Completes Acquisition Of Marathon Oil Norge For US$2.7 Billion 73
Marathon Oil Plans To Sell Stake In Waha Oil 75
Marathon Oil Completes Acquisition Of Paloma Partners II For US$768 Million 76
Genesis Energy Completes Acquisition Of Interest In Poseidon Oil Pipeline, Odyssey Pipeline And Eugene Island Pipeline System For US$206 Million 77
Marathon Oil Acquires Hilcorp Resources Holdings From Hilcorp Energy And Kohlberg Kravis Roberts For US$3.5 Billion 78
Marathon Oil Corporation - Key Competitors 81
Key Employees 82
Locations And Subsidiaries 83
Head Office 83
Other Locations & Subsidiaries 83
Recent Developments 91
License Rounds 91
Jun 06, 2016: Equatorial Guinea launches oil and gas licensing round 91
Strategy and Business Expansion 92
Jul 28, 2016: Maersk Drilling: Maersk Valiant Contract Cancelled 92
Drilling and Production Updates 93
Jul 21, 2016: Noble Energy Commences Production At Gunflint In The Gulf Of Mexico 93
Dec 23, 2015: Empyrean Energy: Q3 2015 Production From Sugarloaf AMI, Texas 94
Dec 02, 2015: Marathon Oil Releases Solomon Exploration Well Results 95
Financial Announcements 96
Nov 02, 2016: Marathon Oil Reports Third Quarter 2016 Results 96
Aug 03, 2016: Marathon Oil Reports Second Quarter 2016 Results 98
Feb 17, 2016: Marathon Oil Reports Fourth Quarter And Full-Year 2015 Results 101
Nov 04, 2015: Marathon Oil Reports Third Quarter 2015 Results 104
Aug 05, 2015: Marathon Oil Reports Second Quarter 2015 Results 107
May 06, 2015: Marathon Oil Reports First Quarter 2015 Results 110
Feb 18, 2015: Marathon Oil Announces Full-Year And Fourth Quarter 2014 Results 114
Jan 28, 2015: Marathon Oil Corporation Declares Fourth Quarter 2014 Dividend 116
Other Significant Developments 117
Aug 22, 2016: Marathon Oil Announces Leadership Changes 117
Aug 02, 2016: Maersk Drilling To Slash 122 Jobs In US 118
Jul 14, 2016: Marathon Oil Announces First Gas From Alba B3 Compression Platform 119
May 04, 2016: Marathon Oil Reports First Quarter 2016 Results 120
Feb 17, 2016: Marathon Oil 2016 Capital Program $1.4 Billion; Reduced Over 50% Year-over-Year 123
Dec 02, 2015: Alba B3 Compression Platform Sets Sail For Equatorial Guinea 125
Nov 18, 2015: Michael J. Stover, Vice President Of Operations Services For Marathon Oil To Retire 126
Oct 13, 2015: Empyrean Energy: Updated Reserve Report 127
Sep 23, 2015: Gaurdie Banister Elected To Marathon Oil Board Of Directors 129
Sep 01, 2015: ShaMaran Announces Test Results Of The Chiya Khere-8 Development Well 130
Aug 16, 2015: Government Of The Republic Of Croatia: PM Milanovic Says In Favour Of Hydrocarbon Exploration In Adriatic 131
Jul 29, 2015: Marathon Oil And OMV Give Seven Offshore Exploration Licenses Back To Croatia 132
Jul 08, 2015: AWE: Major Upgrade To Awe’s Sugarloaf Reserves And Resources 133
Jul 08, 2015: Empyrean Energy: Major Upgrade To Sugarloaf Ami Reserves 135
May 05, 2015: DNV GL Establishes Recommended Practice To Manage Wellhead Fatigue Analysis 136
Mar 12, 2015: ShaMaran Announces Year-End 2014 Reserves And Contingent Resources 137
Feb 18, 2015: Marathon Oil Sets 2015 Capital, Investment And Exploration Budget Of $3.5 Billion; 70% Directed Toward High Return U.S. Resource Plays 139
Feb 16, 2015: ShaMaran Announces Successful Testing Of The Atrush-3 Well 140
Jan 19, 2015: ShaMaran Announces Results Of The Chiya Khere 6 Appraisal Well Tests 141
Jan 09, 2015: Consumer Watchdog Report Shows Keystone XL Will Raise American Gas Prices 142
New Contracts Announcements 143
Jan 26, 2016: JDR Awarded North Sea Umbilical Contract 143
Jan 11, 2016: EICE: Marathon Oil Eagle Ford Program, South Texas Digital Oil Field Phase II Awarded 144
Dec 07, 2015: Ingen Ideas Awarded Engineering Contract 145
Jun 17, 2015: ASCO Secures Further North Sea Contract Win 146
Appendix 147
Methodology 147
About GlobalData 147
Contact Us 147
Disclaimer 147

List of Tables
Marathon Oil Corporation, Oil & Gas, Key Facts, 2015 1
Marathon Oil Corporation, Oil & Gas, Deals Summary, 2010 to YTD 2016 1
Marathon Oil Corporation, Oil & Gas, Deals By Year, 2010 to YTD 2016 8
Marathon Oil Corporation, Oil & Gas Deals By Type, 2010 to YTD 2016 9
Marathon Oil Corporation, Oil & Gas, Deals By Region, 2010 to YTD 2016 10
Marathon Oil Corporation, Deals By Sector, 2010 to YTD 2016 11
Marathon Oil Corporation, Oil & Gas, Deals Summary, 2010 to YTD 2016 12
Marathon Oil Acquires Oil And Gas Acreage In Oklahoma For US$60 Million 16
Marathon Oil Acquires Oil And Gas Acreage In Oklahoma For US$80 Million 16
Marathon Ethiopia Completes Acquisition Of 50% Interest In Rift Basin Area, Ethiopia From Africa Oil For US$16.3 Million 17
Marathon Oil Acquires 4,800 Net Acres In EagleFord Shale, Texas For US$97 Million 18
Marathon Ethiopia Completes Acquisition Of 20% Working Interest In South Omo Block In Ethiopia From Agriterra For US$50 Million 19
Marathon Oil Completes Acquisition Of 21.25% Interest In Diaba License G4-223 In Gabon Form Total Gabon 20
Marathon Oil Completes Acquisition Of Interest In Exploration Blocks 9 And 12A From Africa Oil 21
Lundin Petroleum And Marathon Petroleum Acquires 30% Interest Each In PL330 In Norwegian Sea From RWE Dea 22
Marathon Petroleum Norge Acquires 10% Interest In Brynhild Prospect And 12.5% Interest In 15/5-2 In Norway From Statoil 23
Marathon Acquires 17,000 Acres In EagleFord Shale From Denali Oil & Gas 24
Marathon Oil Acquires Working Interest In Four Exploration Blocks In The Kurdistan Region of Iraq 25
EnCap Investments Invests In Payrock Energy 26
Kohlberg Kravis Roberts Invests US$400 Million In Hilcorp Resources 26
Lucas Energy Forms Joint Venture With Marathon Oil 27
Resolute Energy Partners With Marathon Oil 28
Marathon Oil Completes Public Offering Of Shares For US$1.28 Billion 29
Marathon Oil Completes Public Offering Of 2.7% Notes, Due 2020 For US$600 Million 30
Marathon Oil Completes Public Offering Of 3.85% Senior Notes, Due 2025 For US$900 Million 31
Marathon Oil Completes Public Offering Of 5.2% Senior Notes, Due 2045 For US$500 Million 33
Marathon Oil Completes Public Offering Of 2.8% Notes Due 2022 For US$1 Billion 34
Marathon Oil Completes Public Offering Of 0.9% Notes Due 2015 For US$1 Billion 36
Marathon Oil Completes Sale Of Non-Operated Conventional Oil And Gas Assets In West Texas And New Mexico For US$235 Million 37
Marathon Oil Completes Sale Of Oil And Gas Assets In Permian Basin, Texas 38
Marathon Oil Completes Sale Of Oil And Gas Assets In Texas And New Mexico 39
Marathon Oil Plans To Sell Gas Assets In Uinta Basin, Utah 40
Venari Resources Completes Acquisition Of Additional 7% Interest In Shenandoah Oil Field In Gulf of Mexico From Marathon Oil 40
Marathon Oil To Sell Non-Core Upstream And Midstream Assets In Wyoming To Merit Energy For US$870 Million 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 43
Marathon Oil Completes Sale Of 30% Interest In Neptune Field In Gulf of Mexico For US$4 Million 44
Marathon Oil Completes Sale Of Interest In Gulf of Mexico Oil Assets For US$111 Million 45
Marathon Oil Completes Sale Of Gas Assets In Texas, Louisiana And Oklahoma For US$100 Million 46
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 47
Sonangol Sinopec Completes Acquisition Of Additional 10% Interest In Block 31, Offshore Angola, From Marathon For US$1.5 Billion 48
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 50
Samchully Asset Management Acquires 34% Interest In Neptune Gas Processing Plant In Louisiana From Marathon Oil For US$170 Million 51
Marathon Oil Completes Sale Of Oil And Gas Assets In Alaska To Hilcorp Alaska For US$195 Million 52
Japan Petroleum Exploration Acquires Additional Working Interest In EagleFord Shale Oil Project In Texas 53
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 54
Total Acquires 35% Interest In Harir And Safen Blocks In Iraq From Marathon Oil For US$140 Million 55
American Midstream Partners Acquires 50% Interest In Burns Point Gas Plant From Marathon Oil For US$35.5 Million 56
Marathon Oil Plans To Sell Minority Stake In Deepwater Gulf Of Mexico Assets In U.S. 57
Marathon Oil Sells Interest In LNG Processing Facility In Alaska 57
ConocoPhillips Acquires Remaining 30% Interest In Kenai LNG Plant From Marathon Oil 58
Mitsui Acquires 9% Working Interest In Shale Gas Exploration Concessions From Marathon Oil 59
Marubeni Acquires 30% Working Interest In 180,000 Net Acres In Niobrara Shale From Marathon Oil For US$270 Million 60
Nexen Petroleum Acquires 40% Working Interest In 10 Concessions In Paleozoic Shale Play From Marathon Oil 61
Maersk Oil Acquires Minority Interest In Three Production Licenses From Marathon Petroleum Norge 62
Statoil Acquires 8.2% Interest In Gudrun/Sigrun In Norway From Marathon Petroleum Norge 63
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 64
Statoil To Acquire Production Licenses From Marathon 65
Marathon Petroleum Sells Its Minnesota Downstream Assets To ACON Investments And TPG Capital 66
High Plains Gas Acquires North & South Fairway Assets From Pennaco Energy 67
Mountain Hawk Acquires 50% Stake In Coal Bed Methane Field 68
Marathon Sells Its 20% Working Interest In Angola Block 32 To Sonangol 69
Plains All American Pipeline Acquires Additional Interest In Capline Pipeline And Tankage 70
Marathon Oil Completes Acquisition Of PayRock Energy From EnCap Investments For US$904 Million 71
Shell Midstream Partners Acquires 36% Stake In Poseidon Oil Pipeline From Equilon Enterprises For US$350 Million 73
Det norske Completes Acquisition Of Marathon Oil Norge For US$2.7 Billion 73
Marathon Oil Plans To Sell Stake In Waha Oil 75
Marathon Oil Completes Acquisition Of Paloma Partners II For US$768 Million 76
Genesis Energy Completes Acquisition Of Interest In Poseidon Oil Pipeline, Odyssey Pipeline And Eugene Island Pipeline System For US$206 Million 77
Marathon Oil Acquires Hilcorp Resources Holdings From Hilcorp Energy And Kohlberg Kravis Roberts For US$3.5 Billion 78
Marathon Oil Corporation, Key Competitors 81
Marathon Oil Corporation, Key Employees 82
Marathon Oil Corporation, Other Locations 83
Marathon Oil Corporation, Subsidiaries 83

List of Figures
Marathon Oil Corporation, Oil & Gas, Deals by Type, 2010 to YTD 2016 1
Marathon Oil Corporation, Oil & Gas, Deals By Year, 2010 to YTD 2016 1
Marathon Oil Corporation, Oil & Gas, Deals By Region, 2010 to YTD 2016 1
Marathon Oil Corporation, Oil & Gas, Deals By Sector, 2010 to YTD 2016 1
Marathon Oil Corporation, Oil & Gas, Deals By Year, 2010 to YTD 2016 8
Marathon Oil Corporation, Oil & Gas, Deals by Type, 2010 to YTD 2016 9
Marathon Oil Corporation, Oil & Gas, Deals By Region, 2010 to YTD 2016 10
Marathon Oil Corporation, Oil & Gas, Deals by Sector, 2010 to YTD 2016 11


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