Acquisitions and mergers
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.
ConocoPhillips in advanced talks to buy Marathon Oil
ConocoPhillips in advanced talks to buy Marathon Oil, the Financial Times reports.
ONEOK to acquire Gulf Coast pipelines for US$260 million
ONEOK has announced that it has agreed to acquire a system of NGL pipelines from Easton Energy, for approximately US$280 million.
ROVOP acquired by Chouest
ROVOP, a global supplier of ROV services, has been acquired.
Acteon Group announces its acquisition
Acteon Group has been acquired by private equity investors Buckthorn Partners and One Equity Partners.
CEZ to acquire majority stake in GasNet
GasNet manages a 65 000 km gas pipeline network and commands an estimated 80% share of the Czech Republic's natural gas distribution.
EQT agrees to buy Equitrans Midstream
The combination will allow EQT to lower costs to produce and transport its natural gas to market by adding more than 2000 miles of pipelines, reports Reuters.
Bernhard Capital to buy natural gas assets from CenterPoint for US$1.2 billion
Bernhard Capital to acquire Louisiana and Mississippi natural gas assets from CenterPoint for US$1.2 billion.
Reuters: Occidental explores US$20 billion+ sale of Western Midstream
Reuters reports that Occidental Petroleum is exploring a sale of Western Midstream Partners, a US natural gas-focused pipeline operator.