Tag archive for ‘Energy acquisition news’
By Soujanya Ravi On Sunday, September 30th, 2018

Verus Petroleum announces $400m acquisition of North Sea operator Cieco

(adsbygoogle = window.adsbygoogle || []).push({}); Verus Petroleum acquisition of Cieco : Scottish oil and gas company Verus Petroleum, has signed a $400 million Sale & Purchase Agreement (SPA)  with More...

By Soujanya Ravi On Saturday, September 8th, 2018

Eclipse Resources, Blue Ridge to merge as $1.4bn Utica-focused gas operator

Energy acquisition news : Rival oil and gas companies Eclipse Resources and Blue Ridge Mountain Resources have signed an all-stock merger deal to form a $1.4 billion Utica-focused gas operator. While Eclipse Resources More...

By Soujanya Ravi On Monday, September 3rd, 2018

OMERS to take 50% stake in BridgeTex crude oil pipeline in Texas for $1.4bn

OMERS Investments, the infrastructure investment and management arm of Canadian pension fund OMERS, has signed a deal to acquire 50% stake in BridgeTex crude oil pipeline from Plains All American Pipeline and Magellan More...

By businessnewstoday On Sunday, August 26th, 2018

Enbridge to acquire 100% of Spectra Energy Partners in $3.3bn all-stock deal

Canadian natural gas distribution company Enbridge has agreed to acquire 100% of its Houston-based master limited partnership (MLP) Spectra Energy Partners (SEP), by buying out 17% of stake which it previously didn’t More...

By Soujanya Ravi On Wednesday, August 15th, 2018

JERA to buy 50% stake in Starwood Energy’s 1.12GW US thermal power plants

Energy acquisition news : Japanese energy company JERA has agreed to acquire a stake of 50% in three natural gas-fired thermal power plants in the US, with a combined capacity of 1,123MW, from private equity firm More...

By businessnewstoday On Tuesday, July 3rd, 2018

Longroad Energy sells $400m Phoebe Solar Project in Texas to Innergex

Solar industry news : Longroad Energy, a US renewable energy developer has sold the 250MW Phoebe Solar Project in Texas to Canadian renewable company Innergex Renewable Energy. Phoebe Solar Project Cost | Phoebe More...

By businessnewstoday On Wednesday, June 27th, 2018

Advent to acquire GE’s Distributed Power gas engines business for $3.25bn

Energy Acquisition News : US private equity firm Advent International has struck a $3.25 billion deal to acquire Distributed Power – the gas engines business of General Electric (GE). Distributed Power is More...

By businessnewstoday On Sunday, June 24th, 2018

Mubadala Petroleum joins Shorouk Block in Egypt through $930m deal with Eni

Energy acquisition news : Abu Dhabi-based Mubadala Petroleum has forayed into the Shorouk Block, an Egyptian offshore concession in the Mediterranean Sea by completing its acquisition of a stake of 10% for $930 More...

By businessnewstoday On Tuesday, June 19th, 2018

Baytex Energy to acquire rival Canadian oil and gas producer Raging River for $2.1bn

Energy acquisition news : Canadian oil and gas producer Baytex Energy has agreed to acquire its rival Raging River Exploration in a deal worth CAD2.8 billion ($2.13 billion) to create a top oil-weighted producer More...

By businessnewstoday On Tuesday, May 1st, 2018

Marathon Petroleum to merge with Andeavor in $23.3bn deal

Marathon Petroleum, a US petroleum refining company has signed an agreement to acquire its rival Andeavor for $23.3 billion. Marathon acquisition of Andeavor is anticipated to result in a leading US integrated energy More...