Acquisitions & Divestitures
Acquisitions & Divestitures
Petrofac To Divest Remaining Stake In Mexico For $276 Million
Oilfield services company Petrofac Ltd. said it would sell its remaining 51% interest in its Mexico operations to Perenco (Oil & Gas) International Ltd. for $276 million.
Deepwater , Subsea , Seismic , Acquisitions & Divestitures
Talos Energy Enters GoM Deals With BP, Exxon Mobil
Talos Energy Inc. has entered into two separate agreements on Sept. 19 with BP Plc and Exxon Mobil Corp. related to new exploration opportunities in the U.S. Gulf of Mexico (GoM).
Business , Exploration & Production , Acquisitions & Divestitures , Trends , Mergers
Shadow Market: E&P A&D Six-Month Review
As asset-level A&D struggles in the background of multibillion E&P mergers and market indifference to oil and gas, deal advisers see a spike in transactions for minerals, conventional assets and even combinations of private-equity companies.
Water Management , Acquisitions & Divestitures
Aqua America To Acquire DELCORA Wastewater System For $276.5 Million
Aqua America Inc. said Sept. 17 its Pennsylvania subsidiary, Aqua Pennsylvania Wastewater, has signed an asset purchase agreement with the Delaware County Regional Water Quality Control Authority (DELCORA) to acquire the municipal authority’s wastewater assets for $276.5 million.
Natural Gas , Acquisitions & Divestitures , Gathering & Processing , Pipelines
Eco-Energy Acquires Southern Appalachian Natural Gas Gathering, Processing, Terminal Assets
The Stone Mountain cryogenic processing plant has capacity of 25,000 Mcf/d with a pipeline connection to the Stone Mountain liquids terminal.
Acquisitions & Divestitures
Exxon Mobil Puts Australian Bass Strait Oil, Gas Assets Up For Sale
Exxon Mobil Corp. said on Sept. 18 it was looking to sell its 50% stake in the Gippsland Basin oil and gas development in Australia's Bass Strait as part of a broader review of its global portfolio of assets.
Acquisitions & Divestitures
VIDEO SERIES: Who Is Doing The Deals?
We’ve covered the deal market, what deals are getting done and how. Now we talk about who is actually making these deals happen.
Deepwater , Logistics , Seismic , Acquisitions & Divestitures
TGS Adds Deepwater Node, Acquisitions To Accelerate Growth
TGS has achieved five milestones accelerating the company’s growth strategy, the company said on Sept. 16.
Public Capital , Acquisitions & Divestitures
Diamondback’s Viper Subsidiary Continues Growth Spurt With Santa Elena Deal
The all-equity deal follows an already blockbuster year for Viper Energy Partners including the $700 million dropdown acquisition the company announced in July.
Acquisitions & Divestitures
VIDEO SERIES: Part Three, How Deals Are Getting Done
In this third part of our series, we look at how deals are still getting done in this challenging time.