Mergers, Acquisitions & Divestitures

Africa Oil Announces Q4’19 and FY’19 Financial and Operating Results and 2020 Management Guidance

Africa Oil Announces Q4’19 and FY’19 Financial and Operating Results and 2020 Management Guidance

VANCOUVERFeb. 25, 2020 /CNW/ – (AOI–TSX, AOI–Nasdaq-Stockholm) – Africa Oil Corp. (“Africa Oil”, “AOC” or the “Company”) is pleased to announce its financial and operating results for the three months and year ended December 31, 2019. The …

February 25, 2020 - 9:30 pm
Slawson Exploration Company, Inc., North Dakota Bakken activity. Precision Drilling rig 645 on the Pike Federal 1-3-2H.

Chinook Energy Inc. Announces Plan of Arrangement

Calgary, Alberta–(Newsfile Corp. – February 24, 2020) – Chinook Energy Inc. (TSX: CKE) (“Chinook” or the “Company”) is pleased to announce today that it has entered into a definitive arrangement agreement (the “Arrangement Agreement”) pursuant to which Tourmaline Oil Corp. …

February 24, 2020 - 8:01 am
ERF Wireless, Inc. Forms New Subsidiary to Acquire Oil and Gas Assets

ERF Wireless, Inc. Forms New Subsidiary to Acquire Oil and Gas Assets

DALLASFeb. 21, 2020 /PRNewswire/ — ERF Wireless, Inc. (OTC PINK: ERFB), today announced that the board of directors have voted to form a new wholly owned private Texas subsidiary corporation named Zona Resources, Inc. The purpose of this …

February 21, 2020 - 11:28 am
MOJO Data Solutions, Inc. to Acquire New Patented Technology

MOJO Data Solutions, Inc. to Acquire New Patented Technology

CEDAR HILL, TX / ACCESSWIRE / February 20, 2020 / MOJO Data Solutions, Inc. (OTCPINK:MJDS) has plans to affiliate with TWL Water Technologies, LLC (“TWL”), which has rights to multiple patented and patent pending technologies that focus on water treatment, …

February 20, 2020 - 5:50 pm
ArcLight and Rattler Form 50/50 Midstream Joint Venture

ArcLight and Rattler Form 50/50 Midstream Joint Venture

ArcLight Capital Partners and Rattler Midstream, a subsidiary of Diamondback Energy, announced today that Amarillo Midstream, an ArcLight Fund V portfolio company, and an affiliate of Rattler have entered into a 50/50 joint venture to own, operate and expand a …

February 20, 2020 - 8:32 am
Quorum Software Acquires EnergyIQ

Quorum Software Acquires EnergyIQ

Oil & Gas 360 News Wire ‘


Leader in Digital Transformation for Oil and Gas Enhances Software and Services Portfolio with Acquisition of the Industry Leader in Well Master Data Management

HOUSTON, February 18, 2020 –  Quorum Software (Quorum), the …

February 18, 2020 - 7:00 am
Fort McKay Group of Companies continues to expand with acquisition of Birch Mountain Enterprises

Fort McKay Group of Companies continues to expand with acquisition of Birch Mountain Enterprises

Fort McKay Group of Companies continues to expand with acquisition of Birch Mountain Enterprises

February 16, 2020 - 11:00 am
Enbridge Inc. is a leading North American energy infrastructure company. We safely and reliably deliver the energy people need and want to fuel quality of life. Our core businesses include Liquids Pipelines, which transports approximately 25 percent of the crude oil produced in North America;

Enbridge Inc. Reports Strong Fourth Quarter and Full Year 2019 Results

Enbridge Inc. Reports Strong Fourth Quarter & Full Year 2019 Results

February 14, 2020 - 7:00 am
Enverus and RS Energy Group Combine Forces

Enverus and RS Energy Group Combine Forces

Enverus


Enverus and RS Energy Group Combine Forces - oilandgas360SaaS innovators strengthen their advanced analytics, intelligence and technology offerings to the energy industry

 

Austin, TX (February 12, 2020) – Enverus, a leading energy SaaS and data analytics company, announces today that it has acquired RS Energy Group …

February 12, 2020 - 12:42 pm
Worthington Industries Announces Consolidation of Oil and Gas Operations

Worthington Industries Announces Consolidation of Oil and Gas Operations

Worthington Industries Announces Consolidation of Oil and Gas Operations

February 12, 2020 - 11:28 am
Viking More Than Doubles Daily Oil & Gas Production With Recent Acquisition

Viking More Than Doubles Daily Oil & Gas Production With Recent Acquisition

Viking More Than Doubles Daily Oil & Gas Production With Recent Acquisition

February 10, 2020 - 8:30 am
ORIX Capital Partners Acquires Specialty Welding and Turnarounds, LLC

ORIX Capital Partners Acquires Specialty Welding and Turnarounds, LLC

ORIX Capital Partners Acquires Specialty Welding and Turnarounds, LLC

February 3, 2020 - 10:00 am
CenterPoint Energy to Sell Miller Pipeline and Minnesota Limited to PowerTeam Services

CenterPoint Energy to Sell Miller Pipeline and Minnesota Limited to PowerTeam Services

CenterPoint Energy to Sell Miller Pipeline and Minnesota Limited to PowerTeam Services

February 3, 2020 - 6:37 am
Fugro, HC2 divest Global Marine Group stake

Fugro, HC2 divest Global Marine Group stake

Marine Link



US-based financial services company HC2 Holdings and the Dutch multinational provider of geo-intelligence Fugro have sold offshore engineering specialist Global Marine Group (GMG) to private equity firm J.F. Lehman & Company for a sum of USD 250 million. …

February 2, 2020 - 9:48 pm
Shell finalizes sale of Martinez Refinery

Shell finalizes sale of Martinez Refinery

Shell finalizes sale of Martinez Refinery

February 1, 2020 - 3:17 am
Westinghouse Expands Nuclear Services & Capabilities With Acquisition Of Rolls-Royce Civil Nuclear Systems And Services

Westinghouse Expands Nuclear Services & Capabilities With Acquisition Of Rolls-Royce Civil Nuclear Systems And Services

Westinghouse Expands Nuclear Services & Capabilities With Acquisition Of Rolls-Royce Civil Nuclear Systems And Services

January 31, 2020 - 4:01 pm
Source: Houston Chronicle

Parsley Energy following trend – cuts budget, hikes dividend

Houston Chronicle


Austin’s Parsley Energy is following a growing trend among oil and gas producers – cutting their capital budgets while hiking payouts to shareholders.

The moves are intended to instill conservative fiscal restraint while also wooing Wall Street investors …

January 24, 2020 - 11:00 am
Magellan Midstream sells marine terminals to Buckeye Partners

Magellan Midstream sells marine terminals to Buckeye Partners

Business & Industry


Magellan Midstream Partners, L.P. announced today an agreement to sell three marine terminals to Buckeye Partners, L.P. for $250 million. The terminals are located in New Haven, Connecticut, Wilmington, Delaware and Marrero, Louisiana.

Magellan Midstream sells marine terminals to Buckeye Partners - oilandgas360

“Magellan remains focused on …

January 23, 2020 - 9:14 pm
Crestone Services Group Acquires HDD Specialists, LLC And Underground Specialties, Inc.

Crestone Services Group Acquires HDD Specialists, LLC And Underground Specialties, Inc.

Crestone Services Group Acquires HDD Specialists, LLC And Underground Specialties, Inc.

January 22, 2020 - 8:00 am
GeoPark Announces Closing of Amerisur Acquisition

GeoPark Announces Closing of Amerisur Acquisition

GeoPark Announces Closing of Amerisur Acquisition

January 16, 2020 - 4:32 pm
PDC Energy, Inc. Completes Merger with SRC Energy Inc.

PDC Energy, Inc. Completes Merger with SRC Energy Inc.

PDC Energy, Inc. Completes Merger with SRC Energy Inc.

January 14, 2020 - 1:18 pm
Acquisition of AAOG Congo

Acquisition of AAOG Congo

Acquisition of AAOG Congo

January 13, 2020 - 9:10 am
Peak Utility Services Group Acquires Riley Brothers, Inc.

Peak Utility Services Group Acquires Riley Brothers, Inc.

Peak Utility Services Group Acquires Riley Brothers, Inc.

January 10, 2020 - 12:05 pm
Tenaris completes acquisition of IPSCO Tubulars from TMK

Tenaris completes acquisition of IPSCO Tubulars from TMK

Tenaris


Together, we are uniquely positioned to serve the U.S. oil and gas industry, with an extensive geographic deployment throughout North America and an unmatched product range,” said Paolo Rocca, Chairman and CEO of Tenaris.

Tenaris completes acquisition of IPSCO Tubulars from TMK -oilandgas360

Tenaris S.A. (NYSE, Mexico: TS and MTA Italy: TEN) …

January 10, 2020 - 10:45 am
Kinder Morgan Announces Sale of Pembina Shares

Kinder Morgan Announces Sale of Pembina Shares

Kinder Morgan Announces Sale of Pembina Shares

January 9, 2020 - 9:00 am
Source: Reuters

Premier Oil plans $500 million rights issue for North Sea buying spree

Reuters


LONDON- Premier Oil is set to buy North Sea assets from BP and increase its stake in the Tolmount gas project, funded by a $500 million rights issue, but faces opposition from hedge fund ARCM, which vowed to fight …

January 7, 2020 - 2:00 pm
Source: Reuters

Occidental to slash Western Midstream interest below 50%

Reuters


Oil and gas producer Occidental Petroleum Corp said on Monday it would reduce its economic interest in pipeline operator Western Midstream Partners Lp to less than 50% in 2020.

Occidental said it had reached agreements with Western, acquired in …

January 6, 2020 - 2:00 pm
U.S. Oil & Gas M&A poised for recovery after challenging 2019

U.S. Oil & Gas M&A poised for recovery after challenging 2019

Enverus


Decade closes with more than half a trillion dollars spent on shale assets

AUSTIN Enverus, the leading oil & gas SaaS and data analytics company, has released its summary of 2019 deal activity and its outlook for 2020. Enverus

January 3, 2020 - 8:15 pm
Enbridge closes the Federally Regulated portion of the previously announced sale of natural gas gathering and processing assets in northern British Columbia to Brookfield Infrastructure

Enbridge closes the Federally Regulated portion of the previously announced sale of natural gas gathering and processing assets in northern British Columbia to Brookfield Infrastructure

Enbridge closes the Federally Regulated portion of the previously announced sale of natural gas gathering and processing assets in northern British Columbia to Brookfield Infrastructure

 

December 31, 2019 - 5:15 pm
KKR to Acquire Significant Stake in Canada’s Coastal GasLink Pipeline Project

KKR to Acquire Significant Stake in Canada’s Coastal GasLink Pipeline Project

KKR to Acquire Significant Stake in Canada’s Coastal GasLink Pipeline Project

December 26, 2019 - 7:00 am