Acquisitions and mergers
Baker Hughes acquires division of BRUSH Group
Baker Hughes announces it has agreed to acquire the Power Generation division of BRUSH Group (BRUSH) from One Equity Partners.
Shell USA and Shell Midstream Partners reach merger agreement
Shell USA and SHLX execute a definitive agreement and plan of merger, pursuant to which Shell USA will acquire all of the common units representing limited partner interests in SHLX held by the public.
Quorum Software unveils global vision
Quorum unveils its expanded global vision with the QES, the company鈥檚 comprehensive portfolio of solutions that will serve as the foundation for innovation and growth.
iGas, CMG acquire Republic of Mozambique Pipeline Co. pipeline
The acquisition will see South Africa鈥檚 iGas and Mozambique鈥檚 Companhia Mocambic¸ana de Gasoduto hold 40% equity shares in the pipeline.
Pipeline Technique to acquire Stanley Oil & Gas
Pipeline Technique announces it is to acquire Stanley Oil & Gas, from Stanley Black & Decker, which is listed in the US.
Astrocast acquires Hiber
Acquisition enhances direct-to-market strategy, accelerates OEM strategy, and increases penetration within the energy and asset tracking markets.
IIF acquires Enstor Gas from ArcLight
Enstor announces that the company and its natural gas midstream assets have been acquired by the Infrastructure Investments Fund.
Mergers and acquisitions deal activity in the oil and gas industry declines
Activity decreased by 41% in terms of value in 1Q22 compared to 4Q21, says GlobalData.
Ritchie Bros. announces discontinuation of Euro Auctions acquisition
Ritchie Bros. Auctioneers has announced that its wholly owned indirect subsidiary is discontinuing the Phase 2 review by the UK Competition and Markets Authority.
STATS UK acquired by SRJ Technologies
Pipeline technology specialist STATS UK has been acquired by SRJ Technologies for £73 million.