IPO , Exploration & Production , Energy Transition

Eni Plans IPO for Norwegian JV Reportedly Worth Up to $13 Billion

Eni, headed by CEO Claudio Descalzi, will remain a majority shareholder in a venture that one source close to the matter said could be valued at between $10 billion and $13 billion in an IPO.

January 24, 2022

IPO , Markets

ADNOC Weighs IPO of Logistics and Services Unit Next Year, Sources Say

Gulf oil producers are looking at sales of stakes in energy assets, capitalizing on a rebound in crude prices to attract foreign investors.

November 22, 2021

IPO , Shale Plays , Acquisitions & Divestitures

Black Mountain Founder Rhett Bennett Launches Energy SPAC

Black Mountain Acquisition Corp. expects to capitalize on the successful track record of its founder, Rhett Bennett, to identify and acquire a business in the energy industry in North America.

October 25, 2021

IPO , Acquisitions & Divestitures

Kimbell Royalty Partners Launches $200 Million SPAC

The SPAC—named Kimbell Tiger Acquisition Corp.—will target the energy and natural resources space in North America, said Kimbell Royalty Partners, which will control the company’s sponsor.

July 30, 2021


Neptune Energy Considers Launching Nearly $10 Billion IPO

Neptune Energy was founded in 2015 with private equity backing from investors and has operations across Europe, North Africa and the Asia Pacific region.

May 24, 2021

Public Capital , IPO , Energy Transition , Trends

Oil and Gas Investor I-Banking Trends: Cheaper Money

Debt capital is on sale, and public equity markets aren’t closed to oil and gas operators either. Some just don’t have any use right now for the cash—that is, a use that investors would support.

May 14, 2021

IPO , Shale Plays

Blackstone-backed Vine Energy Opens Below Offer Price in Market Debut

Blackstone-backed natural gas explorer Vine Energy’s stock opened at $13.75 per share, giving the company a valuation of $952.7 million.

March 22, 2021

IPO , Energy Transition

Energy Buyout Firm Riverstone Preparing Cleantech SPAC IPO

The new entity will raise money from investors in an IPO, which will form the basis of a war chest to buy a privately-owned clean energy business, sources said.

September 17, 2020

Public Capital , IPO

Saudi Aramco IPO Proceeds Reportedly Rise To $29.4 Billion

The proceeds from Saudi Aramco's record IPO have risen to $29.4 billion after the oil company exercised an option to sell 15% more stock, an executive at one of the banks leading the deal told Al Arabiya news channel.

December 9, 2019

IPO , Crude Oil

Saudi Arabia Wants OPEC+ To Deepen Oil Cuts Due To Aramco IPO

OPEC and its allies plan to deepen oil cuts and have the deal in place so it runs at least until June 2020 as Saudi Arabia wants to deliver a positive surprise to the market before the listing of Saudi Aramco, two sources familiar with the talks said.

December 2, 2019