Acquisitions & Divestitures - Mergers & Acquisitions

Subsea 7 Makes $2 Billion Hostile Bid To Break Up McDermott's US Deal

Subsea 7 said in a statement on April 23 its bid proposal was subject to the termination of McDermott's pending transaction with CB&I.

April 23, 2018

Vermilion Energy To Buy Spartan Energy In C$1.4 Billion Deal

Spartan, which is a southeast Saskatchewan oil and gas producer, has annual production of about 23,000 barrels of oil equivalent per day.

April 16, 2018

Chinese Firm Reportedly Seeks To Restructure Deal For Alerian

ZZ Capital has missed two deadlines to close $800 million purchase.

April 11, 2018

Permian Could See More Deals Like Brazos

Brazos’ sale of midstream assets in the Delaware Basin reflects how the play is heating up.

April 10, 2018

Australia's Santos To 'Engage With' Harbour Energy After $10.4 Billion Takeover Bid

Santos said April 3 it would "engage with" Harbour Energy after receiving a $10.4 billion takeover offer from the U.S. company, its fourth unsolicited bid since August 2017.

April 3, 2018

Concho To Acquire RSP Permian In $9.5 Billion Merger

The all-stock merger of the two Permian-focused E&Ps is expected to create the largest unconventional shale producer of oil and natural gas in the prolific basin.

March 28, 2018

Bill Barrett Undergoes Name-Change Following Merger With Fifth Creek

Bill Barrett previously entered into an agreement for the all-stock merger with NGP-backed Fifth Creek in December. The transaction was valued at $649 million by the companies.

March 27, 2018

Tallgrass Energy GP to Acquire Tallgrass Energy Partners

Company also announces increased quarterly distributions at TEGP and TEP.

March 27, 2018

TPG Pace Energy, EnerVest Form Eagle Ford Pure-Play In $2.66 Billion Combination

Steve Chazen, who resurfaced roughly a year after retiring from Oxy to form TPG Pace Energy in early 2017, will now head the newly-formed Magnolia Oil & Gas.

March 20, 2018

SandRidge Rejects Midstates Offer; To Explore Strategic Options

SandRidge said it had received interest regarding "alternative transactions" from other producers, though did not provide further details.

March 20, 2018

McDermott, CB&I Form Executive Leadership Team

Combination expected to close in the second-quarter of 2018.

March 19, 2018

Kazakhstan Offers Stake In State Oil Firm To Shell

The fund owns a 90% stake in the company and Kazakhstan’s central bank holds the remaining 10%.

March 13, 2018