Acquisitions & Divestitures - Mergers & Acquisitions

Rubicon Acquires Emerging Oilfield Tech Company

Rubicon said it expects the acquisition of Choice Completions will strengthen its well construction portfolio and completions solutions business segment.

2017/05/09

2017 A&D Outlook: The Big Truck Without Brakes

At the Energy Capital Conference, A&D gurus mused over the current wealth of deals in the Permian, the selloff elsewhere for capital and transactions hurtling toward the Powder River Basin.

2017/05/08

Pembina Pipeline Buys Rival Veresen For $7.1 Billion

The combined company will have a strong position in the Western Canadian Sedimentary Basin, home to the world's third largest crude reserves.

2017/05/01

SNC-Lavalin To Buy UK-Based WS Atkins For $2.7 Billion

SNC-Lavalin Group is expanding its global consulting, design and project management capabilities with the takeover of U.K.-based WS Atkins.

2017/04/21

LNG Developer NextDecade To Merge With Blank-Check Company

Founded in 2010, NextDecade is a developer of LNG projects that is currently focused on a land-based U.S. Gulf Coast export project located close to the Permian and Eagle Ford.

2017/04/19

Blackstone’s $2 Billion Adds EagleClaw Midstream In Delaware Basin

Within one week, $3.5 billion in midstream A&D activity has lit up the Midland and Delaware basins.

2017/04/17

Seaport Global Securities Launches Upstream A&D Division

In addition, Tom Schaefer and Andy Taurins have joined Seaport as managing directors to co-head the firm's A&D investment banking team.

2017/04/13

NuStar Enters Permian With $1.5 Billion Navigator Pipeline Deal

NuStar agreed to acquire Navigator Energy Services for $1.475 billion, marking the San Antonio-based company’s entry into the Permian Basin.

2017/04/11

BHP Resists Call To Ditch Eagle Ford Shale, Permian Oil

A hedge fund wants BHP to split from its U.S. oil business, including the Gulf of Mexico, which it sees as a $22 billion misfit.

2017/04/10

Wood Group Estimates Higher Cost Savings From Amec Foster Deal

Wood Group said it expected about 36% more cost savings from its deal to buy Amec Foster for 2.2 billion pounds (US$2.7 billion) than it first estimated when announcing the deal in March.

2017/04/05

Aker Solutions To Acquire Reinertsen For $24.9 Million

Reinertsen is the third-largest maintenance and modifications supplier offshore Norway. The company's order backlog contains key maintenance and modifications contracts with Statoil.

2017/03/30

CEO Survey: Oil And Gas Innovation Key But Skilled Employees May Be Scarce

PwC’s 20th CEO survey shows that 90% of oil and gas leaders are concerned about leadership positions among a large, technical and skilled workforce in the oil patch.

2017/03/29

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