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Big Three Oilfield Service Firms Start Year With Asset Sales
Schlumberger, Halliburton and Baker Hughes reportedly kicked off the new year by putting units up for sale, as the three largest names in oilfield services adjust to falling demand.
BW Offshore Sets Date For $800 Million E&P Spinoff
BW Offshore, a service provider to many petroleum producers, has in recent years built up its own E&P operations through BW Energy, which it plans to spin off first-quarter 2020.
Tallgrass Energy Agrees To Blackstone’s Sweetened Offer
The agreement between Tallgrass and a group led by Blackstone Infrastructure Partners is part of a trend of take-private offers for public energy companies that emerged this year.