Acquisitions and mergers
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.
SENCO invests 鈧�20 million in Strohm
The investment is aimed at boosting Strohm's growth trajectory, which is focused on hydrogen and CCUS applications.
Lincoln Electric acquires Inrotech A/S
Lincoln Electric acquires vision-based adaptive intelligence software company.
ConocoPhillips acquisition of Marathon Oil creates third largest producer in the US Lower 48, says Wood Mackenzie
Wood Mackenzie: 鈥淭he addition of Marathon further solidifies ConocoPhillips in a league of its own鈥�.
Rystad Energy: market update in response to ConocoPhillips-Marathon deal
Rystad Energy shares a special market update diving into the specifics of the announcement, the rationale and comparing it to other recent shale megadeals.