Post Tagged with: "Blackstone"

Source: Reuters

Blackstone to raise stake in Gulf of Mexico drilling project to 47%

Reuters


JERUSALEM  – Israel’s Navitas Petroleum said on Tuesday the Blackstone Group signed a preliminary deal to raise its stake in a drilling project in the Gulf of Mexico to 47% from 16%.

Navitas had partnered with U.S. oil firm …

Source: Reuters

Exclusive: Warburg Pincus explores sale of overseas energy assets – sources

Reuters


LONDON/NEW YORK – Warburg Pincus is considering selling five of its eight international oil and gas investments after the coronavirus crisis hit demand, sources familiar with the matter said.

The U.S. investment firm, which has more than $54 billion …

Source: Reuters

Tallgrass shareholders approve Blackstone-led buyout of pipeline operator

Reuters


HOUSTON – Tallgrass Energy (TGE.N) shareholders on Thursday backed a buyout by a Blackstone-led (BX.N) group that valued the U.S. oil pipeline operator at $6.3 billion, a rare case of a pre-market crash deal going …

Source: Reuters

Finance royalty descend on Saudi forum as Aramco listing looms

Source: Reuters


RIYADH (Reuters) – What a difference a year makes.

There was standing room only in the expansive halls of Riyadh’s Ritz-Carlton hotel on Tuesday as the world’s financial royalty attended Saudi Arabia’s Future Investment Initiative (FII) conference, aimed …

Source: Tallgrass Energy

Tallgrass Energy Receives ‘Take Private’ Proposal

By Tyler Losier, Energy Reporter, Oil & Gas 360

Tallgrass Energy receives preliminary proposal letter from Blackstone Infrastructure Partners offering to take the company private
Tallgrass Energy LP (stock ticker: TGE), a midstream infrastructure company, received a non-binding preliminary proposal

Blackstone, Whiting, Callon Consider Bids for Shale Driller QEP: Bloomberg

Blackstone, Whiting, Callon Consider Bids for Shale Driller QEP: Bloomberg

Shale driller said it would explore sale after Elliott offer of $2 billion

From Bloomberg

QEP Resources Inc. has attracted takeover interest from private equity giant Blackstone Group LP, as well as drillers Whiting Petroleum Corp. and Callon Petroleum Co., …

Help for the Permian’s Water Situation: Blackstone Launches Waterfield with $500 Million Commitment

Help for the Permian’s Water Situation: Blackstone Launches Waterfield with $500 Million Commitment

Another full-cycle provider of water management services--including water gathering, treatment, recycling and disposal--is moving from idea toward reality in the Permian Basin. Waterfield is the name of Blackstone’s (NYSE:BX) newly launched water midstream platform in the Permian Basin.

The venture

February 6, 2019 - 3:31 pm Closing Bell Story‎, Oil and Gas 360 Articles
Osprey Energy and Blackstone Create $894-Million Eagle Ford Venture

Osprey Energy and Blackstone Create $894-Million Eagle Ford Venture

Osprey Energy Acquisition Corp. announced today that it has reached a definitive agreement to acquire assets held by Royal Resources, a Blackstone owned entity, in exchange for $400 million cash and an ownership stake representing 47% of the outstanding common …

$2.3 Billion in Eagle Ford Assets Depart Anadarko for Sanchez Energy

$2.3 Billion in Eagle Ford Assets Depart Anadarko for Sanchez Energy

Sanchez Energy and Blackstone Energy Partners form 50/50 venture to acquire Anadarko Comanche assets producing approximately 67,000 BOEPD (33,500 net to Sanchez)

Sanchez Energy Corporation (ticker: SN) and funds managed by Blackstone Energy Partners (ticker: BX) have entered a strategic …