Acquisitions and mergers
Bapco Energies to sell minority stake in Saudi-Bahrain pipeline to BlackRock
The 112 km pipeline is crucial for transporting crude oil from Saudi Aramco to Bahrain's national refinery, Bapco Refining.
Apollo partners with bp in Trans Adriatic pipeline
Apollo Funds to become a non-controlling shareholder in bp Pipelines TAP Limited, an entity which holds a 20% stake in the Trans Adriatic Pipeline.
Pembina Gas Infrastructure to acquire Veren's midstream assets
The acquisition includes four batteries in the Gold Creek and Karr areas, boasting a natural gas handling capacity of 320 million ft3/d.
Bentley Systems acquires 3D geospatial company Cesium
Combination of Cesium plus iTwin offers developers the most comprehensive digital platform for the built and natural environment.
US pipeline deals to pick up pace following ONEOK鈥檚 spree
Last week鈥檚 acquisitions are likely to be a prelude to more M&A in the midstream sector, says Bloomberg News.
US pipeline operator ONEOK to expand operations in the Permian Basin
In a deal valued at US$5.9 billion, the company will acquire a 43% interest in EnLink Midstream from GIP and GIP鈥檚 equity interests in Medallion Midstream.
Trace Midstream to acquire LM Energy's natural gas infrastructure
The infrastructure, situated in Eddy and Lea counties in New Mexico, includes both high and low-pressure gas pipelines says GlobalData.
Energy Transfer and Sunoco form joint venture of Permian crude businesses
It will operate more than 5000 miles of crude oil and water gathering pipelines with crude oil storage capacity exceeding 11 million barrels says Reuters.
Energy Transfer completes acquisition of WTG Midstream
The deal expands the Permian Basin pipeline and processing network, providing further access to growing supplies of natural gas and NGLs.
Intero partners with Rivean Capital in its next phase of growth
Intero Integrity Services announces that Rivean Capital has entered into a definitive agreement to acquire the company from First Reserve.