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.

July 27, 2020

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.

July 23, 2020

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.

July 21, 2020

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.

July 20, 2020

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.

July 17, 2020

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.

July 1, 2020

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.

June 30, 2020

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.

June 5, 2020

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.

May 27, 2020

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.

May 22, 2020