Mergers, Acquisitions & Divestitures

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 Mergers, Acquisitions & Divestitures, Press Releases
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

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

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

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. …

Shell finalizes sale of Martinez Refinery

Shell finalizes sale of Martinez Refinery

Shell finalizes sale of Martinez Refinery

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

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 …

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 Mergers, Acquisitions & Divestitures, Midstream
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.

GeoPark Announces Closing of Amerisur Acquisition

GeoPark Announces Closing of Amerisur Acquisition

GeoPark Announces Closing of Amerisur Acquisition

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.

Acquisition of AAOG Congo

Acquisition of AAOG Congo

Acquisition of AAOG Congo

Peak Utility Services Group Acquires Riley Brothers, Inc.

Peak Utility Services Group Acquires Riley Brothers, Inc.

Peak Utility Services Group Acquires Riley Brothers, Inc.

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) …

Kinder Morgan Announces Sale of Pembina Shares

Kinder Morgan Announces Sale of Pembina Shares

Kinder Morgan Announces Sale of Pembina Shares

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 …

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 …

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

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

 

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