Acquisitions & Divestitures

Investment , Acquisitions & Divestitures , Pipelines

Italy’s Snam Seeks Stake In Energy Transfer’s Rover Pipeline

Milan-based gas pipeline operator is working with JPMorgan to move into the US market.

September 9, 2019

Business , Acquisitions & Divestitures

Hedge Fund Paulson Opposes Callon-Carrizo $3.2 Billion Deal

Paulson & Co. Inc. on Sept. 9 opposed Callon Petroleum Co.’s proposed $3.2 billion acquisition of Carrizo Oil & Gas Inc., and urged the company to instead consider selling itself.

September 9, 2019

Investment , Acquisitions & Divestitures

Tudor, Pickering, Holt Unit Spins Out

New firm, Pickering Energy Partners, launches with same investment team and funds.

September 6, 2019

Acquisitions & Divestitures , Storage

Macquarie Sells Mississippi Gas Storage Facility For $367.5 Million

The buyer, NJR Midstream, expects to benefit from the strategic location of the storage facility to the Gulf Coast’s expanding natural gas market.

September 6, 2019

Exploration & Production , Acquisitions & Divestitures

Exxon Mobil Confirms Exclusivity Deal For Norwegian Upstream Sale

Reuters reported on Sept. 5 that Exxon Mobil had agreed to sell its stakes in around 20 partner-operated fields, two years after selling its operated assets, for up to $4 billion.

September 6, 2019

Business , Exploration & Production , Acquisitions & Divestitures , Trends

BP’s Alaska Exit Highlights Divergence Between Majors, Privates

The multibillion-dollar sale of BP’s Alaska business to Hilcorp illustrates the divergent strategies of the majors from private oil and gas players, analysts say.

September 6, 2019

Business , Unconventional , Shale Plays , Acquisitions & Divestitures , Trends

Chevron Shale Exec: ‘We’re Always Looking’ To Transact

The major is still open to asset transactions as it continues to optimize and grow production in the Permian Basin.

September 4, 2019

Public Capital , Technology , Acquisitions & Divestitures

Nine Unloads Production Segment To Focus On Core Business

The sale of its production solutions business transforms Nine Energy Service to a pure-play completions company, CEO Ann Fox says.

September 3, 2019

Public Capital , Exploration & Production , Shale Plays , Acquisitions & Divestitures

Spur Energy Strikes Again With $925 Million Concho Deal

Roughly four months since making its debut with its first acquisition, Jay Graham’s new Permian-focused venture has landed another deal.

September 3, 2019

Business , People , Acquisitions & Divestitures , Mergers

On The Move

Check out the latest new hires, appointments and promotions as well as new company office and facility openings.

September 3, 2019