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HomeM & A

M & A

Mergers, Acquisitions, and Divestitures impacting the world energy market

Finance

Diamondback Energy Adds Over 80,000 Acres in the Midland Basin For $3 Billion

December 22, 2020 Stu Turley

Enverus – Industry Insight Comment from Andrew Dittmar In a one-two punch, Permian pure-play Diamondback Energy has added over 80,000 net acres in the core Midland Basin for ~$3 billion. Diamondback is acquiring publicly traded […]

Diamondback purchase QEP
M & A

Diamondback acquires QEP, Guidon in $3bn deals: Update

December 22, 2020 Stu Turley

Houston, 21 December (Argus) — For months, Diamondback Energy chief executive Travis Stice insisted to investors that the US independent did not need to acquire other companies, despite the turmoil in the oil and gas industry. […]

China
Finance

Enbridge to expand storage at Cushing through pending acquisition

December 21, 2020 Stu Turley

Enbridge Inc on Monday said that it will expand its liquids storage capabilities and connections through an acquisition of a facility from Blueknight Energy Partners, L.P. in Cushing, Oklahoma. The purchase of the facility includes 34 […]

Queensland Curtis LNG -QCLNG - EnergyNewsBeat.com
Finance

Shell Sells Minority Stake in Queensland Curtis LNG Facilities for $2.5 Billion

December 21, 2020 Stu Turley

Shell said on Dec. 21 it has agreed to sell a 26.25% stake in its Queensland Curtis LNG (QCLNG) facilities to Global Infrastructure Partners Australia for $2.5 billion, helping the oil major meet its annual […]

Terra Energy Partners -EneryNewsBeat.com
Bankruptcy

Terra Energy Partners to Acquire Ursa Piceance Basin Assets for $60 Million

December 11, 2020 Stu Turley

Terra Energy Partners LLC has agreed to purchase assets from bankrupt Ursa Piceance Holdings LLC and various subsidiaries for $60 million, according to bankruptcy documents. A federal bankruptcy judge in Delaware approved the sale in […]

Tritech -Logo -Energynewsbeat.com
Finance

Bluewater Energy acquires Tri-Tech Energy Services

December 11, 2020 Stu Turley

Bluewater Energy, Inc acquires Tri-Tech Energy Services. Tri-TechEnergy Services (TTES) has been a strategic partner of Bluewater Energy for many years. Making Tri-Tech Energy Services part of Bluewater Energy was a natural fit for the company given […]

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