Mergers, Acquisitions, and Divestitures impacting the world energy market
BP Plc will sell a stake in an Omani gas block to Thailand’s national energy firm for $2.6 billion, part of a push to divest billions of dollars of assets and focus more on renewable energy. […]
ENB Publishers Note: Early thoughts – high price for only 9,000 BOEPD but with large available drillable sites left, this deal looks to be a gamble on lease costs going up over the next few […]
Saudi Crown Prince Mohammed bin Salman said Thursday the kingdom will sell more shares of energy giant Aramco in the coming years, following the world’s biggest public listing in 2019. “There will be Aramco share […]
Singapore’s sovereign wealth fund, GIC, agreed to buy a $2.05 billion minority stake in a Duke Energy Corp. unit, allowing the utility to forgo a planned equity raise as power companies nationwide prioritize renewable-energy development. Selling a 19.9% stake […]
Tailwater Capital LLC (“Tailwater” or the “Firm”), a private equity firm based in Dallas, today announced that it has signed definitive agreements to acquire Tall Oak Midstream II (“Tall Oak II”) and Tall Oak Midstream III […]
EDF Renewables North America (EDFR), a developer in the renewable energy sector, has acquired 100% of EnterSolar, a national provider of distributed generation solar solutions to corporate commercial and industrial (C&I) customers. EDF Renewables previously held […]
Enerplus Corporation (“Enerplus” or the “Company”) (TSX & NYSE: ERF) today announced that it has entered into a definitive agreement to acquire all of the shares of Bruin E&P HoldCo, LLC (“Bruin”), a pure play […]
OBSIDIAN ENERGY LTD. (TSX: OBE), (OTCQX: OBELF) (“Obsidian Energy” or the “Company“) today announced that it has extended the expiry of its offer (the “Offer“) to purchase all of the issued and outstanding common shares (the […]
EVgo, an industry-leading builder, owner and operator of DC fast charging for electric vehicles in the U.S., has entered into a definitive business combination agreement with Climate Change Crisis Real Impact I Acquisition Corporation (“CRIS”); […]
London — ExxonMobil is in talks to sell its UK North Sea assets to Norwegian investor HitecVision, the companies said Jan. 21, after HitecVision was previously instrumental in ExxonMobil’s exit from Norway. In separate statements, the […]
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