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Deal News
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13 July 2021
Tellurian terminates LNG deal with Franc’s TotalEnergies
Tellurian has terminated agreements related to its proposed Driftwood LNG export facility in Louisiana with French energy major TotalEnergies.
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12 July 2021
Ineos and Petroineos joins Acorn CCS project in Scotland
British chemical firm Ineos and Petroineos have signed a memorandum of understanding (MoU) to join the Acorn CCS Project, Scotland’s first carbon capture and storage (CCS) system.
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9 July 2021
Shell to offload stake in German refinery to Alcmene
Shell Deutschland (Shell) has entered an agreement to divest a non-operated stake of 37.5% in the PCK Schwedt Refinery in Germany to Alcmene.
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7 July 2021
Patterson-UTI to buy Pioneer Energy Services for $295m
Patterson-UTI Energy has agreed to acquire Pioneer Energy Services in a cash-stock deal worth around $295m.
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6 July 2021
Diversified Energy, Oaktree to acquire Tanos Energy’s assets for $308m
Diversified Energy, together with Oaktree Capital Management, has agreed to acquire certain natural gas assets in the US from Tanos Energy Holdings III for $308m.
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29 June 2021
Vista and Trafigura to further develop Argentina’s Vaca Muerta basin
Vista Oil & Gas has partnered with Trafigura Argentina to jointly invest around $250m to develop wells in the Vaca Muerta shale basin in Argentina.
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28 June 2021
iGAS and CMG exercise rights to up stakes in ROMPCO gas pipeline
South African Gas Development Company (SOC) (iGas) and Mozambique-based CMG have exercised their rights to acquire Sasol’s 30% stake in the ROMPCO gas pipeline.
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23 June 2021
Pond finalises deal to offload Canada petroleum and natural gas assets
Pond Technologies Holdings has closed a deal with Grizzly Resources to divest its petroleum and natural gas assets in the Pembina Area, Alberta in Canada.
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17 June 2021
Northern Oil and Gas signs deal to buy core Permian assets
Northern Oil and Gas has signed three agreements to acquire non-operated interests across nearly 2,900 core Permian acres for a total consideration of $102.2m.
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11 June 2021
Equinor to divest Danish refining business to Klesch Group
Equinor has agreed to divest its Danish refining business, Equinor Refining Denmark, to the industrial commodities company Klesch Group.