A&D DEAL SHEET |
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| Sector | Date Announced | Buyer | Seller | Value (US$MM) | Comments |
| Renew | 3/28/2023 | Brookfield Renewable Partners; GIC; Temasek; EIG; MidOcean Energy | MidOcean Energy | $10,300 |
To acquire Origin Energy, Australia’s largest integrated power generator. |
| E&P | 3/28/2023 | Crescent Point Energy Corp. | Spartan Delta Corp. | $1,280 |
To acquire Montney oil and liquids assets with average production of 38,000 barrels of oil equivalent per day (boe/d), 55% liquids, and drilling inventory of 600 net locations. |
| MID | 3/27/2023 | Energy Transfer LP | Lotus Midstream LLC; EnCap Flatrock Midstream | $1,450 |
To acquire Lotus' system consisting of approximately 3,000 active miles of pipeline that serves major production areas of the Permian with nearly 1.5 MMbbl/d of capacity. |
| S&S | 3/24/2023 | Dawson Geophysical Co. | Breckenridge Geophysical LLC; Wilks Brothers LLC | $9.8 |
To purchase the Breckenridge, a seismic data acquisition company. |
| E&P | 3/24/2023 | Energy Partners; Vitol | Delaware Basin Resources LLC; Stellus Capital Management | $1,500 - $2,000 |
Acquired 46,000 surface acres in Reeves and Pecos counties, Texas, and currently averages production of approximately 40,000 boe/d. |
| Renew | 3/17/2023 | ACEN; UPC Power Solutions LLC | GlidePath Power Solutions LLC |
To acquire eight operating wind projects in Texas with 136 megawatts of power generation. |
|
| MID | 3/16/2023 | Golar LNG Ltd. | New Fortress Energy Inc. | $423 |
To close the acquisition of New Fortress Energy Inc.’s interest in a floating LNG facility in Hilli, offshore Kribi, Cameroon. |
| Renew | 3/16/2023 | Equinor ASA | Scatec Innovation AS | $28 |
Acquired 5 million shares in renewable energy firm Scatec ASA from Scatec Innovation AS, a stake of about 3.1% of the company’s shares and votes. |
| MID | 3/15/2023 | Canadian Pacific Railway | Kansas City Southern | $27,000 |
To create the Candian Pacific Kansas City railroad, the only single-line railway connecting North America from Canada through Mexico. |
| E&P | 3/15/2023 | Principal Solar Inc. | Winchester Oil & Gas LLC | N/A |
Executed a letter of intent to acquire controlling working interest in oil and gas leases, wells in the Minerva-Rockdale oil field in Milam County, Texas. |
| Renew | 3/8/2023 | Wien Energie; OMV | N/A | N/A |
Announced a joint venture to explore geotheraml opportunities in the greater Vienna region of Europe. |
| E&P | 3/7/2023 | N/A | Carrier Energy Partners II LLC | $145 |
Sold its non-operated working interests in Karnes County, Texas, to an undisclosed buyer in two transactions. |
| Renew | 3/6/2023 | Bayou Bend CCS LLC; Chevron U.S.A. Inc.; Talos Energy Inc.; Carbonvert Inc. | N/A | N/A |
Purchased more than 100,000 acres onshore in Chambers and Jefferson counties, Texas, for carbon capture and storage. |
| MID | 3/6/2023 | N/A | NGL Energy Partners LP | $111.65 |
Sold marine fleet, consisting of 13 towboats and 25 tank barges. |
| E&P | 3/3/2023 | Equinor | Suncor Energy | $850 |
Acquired Suncor's British business, which will add or up the stakes Equinor in several key North Sea offshore projects. |
| E&P | 3/2/2023 | EIG Global Energy Partners; Breakwater Energy | Repsol | $4,800 |
Acquired a 25% interest in Repsol's global upstream business, including operations in the Marcellus Shale, Alaska’s North Slope, the Gulf of Mexico and Eagle Ford Shale. |
| MID | 3/2/2023 | Aramco | Valvoline Global Operations | $2,650 |
Acquired Valvoline's lubricants company. |
| MID | 3/1/2023 | Enbridge Inc. | Crestwood Equity Partners LP; Brookfield Infrastructure Partners | $335 |
To purchase the 35 Bcf Tres Palacios gas storage facility in Markham, Texas. |
| Renew | 3/1/2023 | Enbridge Inc. | Divert Inc. | $1,000 |
Purchased a 10% stake in Divert Inc.'s renewable natural gas business. |
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