Acquisitions and Divestitures (A&D)

NuVista Energy Ltd. executes non-core divestitures, reduces debt significantly, and provides production and operations update

NuVista Energy Ltd. executes non-core divestitures, reduces debt significantly, and provides production and operations update

CALGARY, Alberta, Feb. 25, 2021 (GLOBE NEWSWIRE) — NuVista Energy Ltd. (“NuVista…

Source: Houston Chronicle

Baker Hughes signs agreement to acquire ARMS Reliability to strengthen asset performance management portfolio

Baker Hughes


  • ARMS Reliability brings a broad range of industrial asset management solutions and expertise to build on Baker Hughes’ portfolio and service capabilities
  • Acquisition reinforces Baker Hughes’ commitment to accelerate the digital transformation of industrial assets, expanding reach in
Martin Midstream MMLP Divests Mega Assets to Stone Oil

Martin Midstream MMLP Divests Mega Assets to Stone Oil

Martin Midstream Partners L.P. MMLP announced the divestment of some of the assets related to its Mega Lubricants (or Mega) onshore terminals business to John W. Stone Oil Distributor, LLC, (“Stone Oil”) in a $22.4-million deal.

As an integrated manufacturing …

December 30, 2020 - 12:21 pm Acquisitions and Divestitures (A&D), Midstream
TransAtlantic Petroleum Approval of Agreement and Plan of Merger

TransAtlantic Petroleum Approval of Agreement and Plan of Merger

TransAntantic

HAMILTON, Bermuda, Dec. 18, 2020 (GLOBE NEWSWIRE) — TransAtlantic Petroleum Ltd. (TSX: TNP) (NYSE American: TAT) (the “Company” or “TransAtlantic”) today announced that the Company’s shareholders have approved the Agreement and Plan of Merger (the “Merger Agreement”), by and …

Sale of the offshore construction & cable-lay vessel Connector

Sale of the offshore construction & cable-lay vessel Connector

Sale of the offshore construction & cable-lay vessel Connector STOCKHOLM,…

XcelPlus Acquires Waste-to-Energy Plasma Gasification Company

XcelPlus Acquires Waste-to-Energy Plasma Gasification Company

Reno, Nevada–(Newsfile Corp. – December 4, 2020) – XcelPlus International Inc. (OTC Pink: XLP…

Sasol Ethan Cracker Louisiana

Successful Completion of the Divestment of Sasol’s 50% Interest in the Lake Charles Chemical Project Base Chemicals Business; Covenant Amendment for 31 December 2020 and Sasol Investor Update

Successful Completion of the Divestment of Sasol’s 50% Interest in the Lake Charles Chemi…

GeoPark announces agreement to sell 10% working interest in the Manati gas field in Brazil

GeoPark announces agreement to sell 10% working interest in the Manati gas field in Brazil

360 Feed Wire

Bogota, Colombia – November 23, 2020 – GeoPark Limited (“GeoPark” or the “Company”) (NYSE: GPRK), a leading independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia, Ecuador, Chile, Brazil …

Talos Energy Announced As The Apparent High Bidder On Two Federal Lease Sale Blocks

Talos Energy Announced As The Apparent High Bidder On Two Federal Lease Sale Blocks

Talos Energy Announced As The Apparent High Bidder On Two Federal Lease Sale Blocks …

Savion sells 30-MW Virginia solar project to Falck Renewables and Eni US

Savion sells 30-MW Virginia solar project to Falck Renewables and Eni US

Savion

Savion announced it has reached a definitive agreement to sell the Westmoreland Solar Project in Westmoreland County, Virginia. Falck Renewables North America and Eni New Energy U.S., through Novis Renewables Holdings, a partnership with 51% and 49% shares respectively, …

Headwater Exploration Inc. Announces Receipt of Shareholder Written Consent for Transaction With Cenovus Energy Inc.

Headwater Exploration Inc. Announces Receipt of Shareholder Written Consent for Transaction With Cenovus Energy Inc.

Headwater Exploration Inc. Announces Receipt of Shareholder Written Consent for Transacti…

Cummins Closes on NPROXX Joint Venture for Hydrogen Storage

Cummins Closes on NPROXX Joint Venture for Hydrogen Storage

Cummins Inc. (NYSE: CMI) today announced that it closed on the previously announced N…

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Solar Integrated Roofing Signs Letter of Intent to Acquire Established HVAC Solutions Provider

El Cajon, California–(Newsfile Corp. – November 10, 2020) – Solar Integrated Roofing C…

Riverstone Holdings LLC Agrees to Buy International-Matex Tank Terminals from Macquarie Infrastructure Corporation

Riverstone Holdings LLC Agrees to Buy International-Matex Tank Terminals from Macquarie Infrastructure Corporation

Riverstone Holdings LLC Agrees to Buy International-Matex Tank Terminals from Macquarie I…

Headwater Exploration Inc. Announces Transformational Transaction With Cenovus Energy Inc. and Third Quarter Operating and Financial Results

Headwater Exploration Inc. Announces Transformational Transaction With Cenovus Energy Inc. and Third Quarter Operating and Financial Results

Headwater Exploration Inc. Announces Transformational Transaction With Cenovus Energy Inc…

Source: Reuters

Hess Completes Sale of Interests in Shenzi Field, Gulf of Mexico

Hess Corporation (NYSE: HES) announced today that it has completed the previously annou…

Rumor – Total looks to sell its stakes in a number of oil fields in Angola – helps cashflow and change of direction

Rumor – Total looks to sell its stakes in a number of oil fields in Angola – helps cashflow and change of direction

EnergyMix

Total intends to sell the shares it holds in certain oil fields in Angola in order to concentrate more on larger and more profitable fields. This should above all facilitate the transition to renewable energies within the company.

According …

Clearway Energy, Inc. Reports Third Quarter 2020 Financial Results

Clearway Energy, Inc. Reports Third Quarter 2020 Financial Results

Signed agreements with Clearway Group (CEG) to acquire the Repowered 160 MW Langford Wi…

Chesapeake Utilities Corporation Subsidiary Acquires Western Natural Gas Company

Chesapeake Utilities Corporation Subsidiary Acquires Western Natural Gas Company

Chesapeake Utilities Corporation Subsidiary Acquires Western Natural Gas Company …

Denbury Reacquires the NEJD and Free State CO2 Pipelines

Denbury Reacquires the NEJD and Free State CO2 Pipelines

PLANO, Texas, Nov. 04, 2020 (GLOBE NEWSWIRE) — Denbury Inc. (NYSE: DEN) (“Denbury&#…

NuStar Energy Announces Sale of Its Texas City Terminals to BWC Terminals

NuStar Energy Announces Sale of Its Texas City Terminals to BWC Terminals

Proceeds to Be Used to Improve Debt Metrics and Self-funding of Capital Program …

Dominion Energy Closes on Sale of Majority of Gas Transmission & Storage Assets

Dominion Energy Closes on Sale of Majority of Gas Transmission & Storage Assets

Dominion Energy Closes on Sale of Majority of Gas Transmission & Storage Assets …

Shell Acquires Full Control of Chinese Gas Station Joint Venture

Shell Acquires Full Control of Chinese Gas Station Joint Venture

Bloomberg

Oil & Gas 360 Publishers Note: This purchase seems to fly in the opposite direction from the Shell’s charted course – Now if they are planning to retro-fit to electric or hydrogen filling stations, this might be just the

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Heartland Group and Barron Petroleum Form Joint Venture

Heartland Group and Barron Petroleum Form Joint Venture PR Newswire FORT WO…

GALT Acquires Sea Dragon Energy, Inc.

GALT Acquires Sea Dragon Energy, Inc. PR Newswire DEL MAR, Calif., Oct. 27,…

October 28, 2020 - 8:14 am Acquisitions and Divestitures (A&D), Press Releases
Quarles Petroleum Acquires Dixie Gas & Oil Corporation

Quarles Petroleum Acquires Dixie Gas & Oil Corporation

Quarles Petroleum Acquires Dixie Gas & Oil Corporation Quarles Petroleum Ac…

Contango Oil & Gas Company and Mid-Con Energy Partners, LP Announce Strategic Merger Continuing Contango’s Consolidation Strategy; Contango Announces Related Increase in Borrowing Base

Contango Oil & Gas Company and Mid-Con Energy Partners, LP Announce Strategic Merger Continuing Contango’s Consolidation Strategy; Contango Announces Related Increase in Borrowing Base

FORT WORTH, Texas and TULSA, Okla., Oct. 26, 2020 (GLOBE NEWSWIRE) — Contango Oil & Ga…

Cenovus and Husky Combine to Create a Resilient Integrated Energy Leader

Cenovus and Husky Combine to Create a Resilient Integrated Energy Leader

CALGARY, Alberta, Oct. 25, 2020 (GLOBE NEWSWIRE) — Cenovus Energy Inc. (TSX: CVE) (NYSE: C…

Adams Resources & Energy, Inc. Completes Acquisition Of VEX Pipeline And Related Pipeline Terminal Facilities

Adams Resources & Energy, Inc. Completes Acquisition Of VEX Pipeline And Related Pipeline Terminal Facilities

Adams Resources & Energy, Inc. Completes Acquisition Of VEX Pipeline And Related Pipe…

Suncor said to study sale of North Sea oil and gas fields

Suncor said to study sale of North Sea oil and gas fields

Bloomberg

Canada’s Suncor Energy Inc. is exploring the sale of a handful of oil and gas fields in the North Sea, according to people with knowledge of the matter.

Suncor is studying divesting the 30,000-barrel-a-day Golden Eagle Area on the …