Mergers
People , Company Profiles , Acquisitions & Divestitures , Trends , Mergers
Oil and Gas Investor Executive Q&A: Putting Together the Pieces
Management consultant CEO Alan Carnrite was an active player in the flurry of mergers in the oil and gas industry 20 years past. He thinks the industry once again is ripe for a house cleaning.
Business , Technology , Mergers
How to Merge Tech Successfully During E&P Company Consolidation
Here are new strategies for IT integration as the speed and scale of the current downturn make the previous M&A playbook for E&P companies all but irrelevant.
Public Capital , Exploration & Production , Natural Gas , Health, Safety & Environment , Shale Plays , Trends , Mergers
Four Takeaways from the Chevron-Noble Energy Deal
Chevron CEO Mike Wirth provides four takeaways from the supermajor’s offer to buy Noble Energy in a deal worth $13 billion, including debt.
Public Capital , Exploration & Production , Shale Plays , Acquisitions & Divestitures , Mergers
Chevron Agrees to $5 Billion Buyout of Noble Energy in All-stock Deal
Shareholders of Houston-based independent E&P company Noble Energy will receive 0.1191 shares of Chevron for each Noble Energy share and are expected to own approximately 3% of the combined company.
Restructurings , Technology , Mergers
Oil Services Firm Aker Solutions to Merge with Kvaerner, Names New CEO
Norwegian oil service providers Aker Solutions and Kvaerner will merge to strengthen their base in the global energy industry, including renewable energy, both companies said on July 17.
Business , Shale Plays , Acquisitions & Divestitures , Trends , Mergers
A&D Trends: Supermajors Unlikely Acquirers of Distressed E&Ps
Years of M&A since the last downturn have produced suboptimal returns, which may lead oil and gas majors to focus on asset-level deals.
Logistics , Mergers
Thigpen, Blue Roads Join to Offer Mobile, Off-Pipe Natural Gas Solutions
BP Energy Partners said June 29 it is merging Dallas, TX-based Blue Roads Solutions, and Conroe, TX-based Thigpen Solutions, creating an innovative, full-service, leading player in the virtual pipeline industry.
Public Capital , Artificial Lift , Mergers
Apergy Completes ‘Alluring’ ChampionX Merger
Apergy and Ecolab announced the transaction, which including the assumption of debt was valued at $4.4 billion, in a joint release last December.
Public Capital , Shale Plays , Acquisitions & Divestitures , Mergers
Occidental Petroleum Sued by Investors over Anadarko Merger
Occidental Petroleum has been sued by investors who claim they suffered billions of dollars of losses because the heavily indebted company concealed its inability to weather plunging oil prices.
Public Capital , Investment , Energy Capital Conference , Shale Plays , Mergers
Sustained Outperformance Needed from Public E&Ps
Before the coronavirus pandemic and the oil price war, public investors had already thrown down the gauntlet to E&Ps. Companies, arguably, were learning to adapt, and they must keep doing so to access public capital in the new environment.