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Deal News
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17 September 2020
Finland’s Neste sells stake in Swedish refiner Nynas to Bitumina
Finnish biofuel producer and oil refiner Neste has announced that it has sold its 49.99% stake in Swedish oil refiner Nynas to Bitumina Industries for an undisclosed sum.
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11 September 2020
Baker Hughes to sell surface pressure control flow business to Pelican
American energy services firm Baker Hughes has signed an agreement to sell the assets of its surface pressure control flow (SPC Flow) business unit to private equity fund Pelican Energy.
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11 September 2020
Saipem and Snam partner to develop energy transition technologies
Italian oilfield services company Saipem has signed a memorandum of understanding (MoU) with Italian energy infrastructure company Snam to jointly start working on new energy transition technologies.
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10 September 2020
Black Bear acquires natural gas assets from Third Coast Midstream
Black Bear Transmission’s affiliate has completed the previously announced acquisition of natural gas transmission (NGT) assets from Third Coast Midstream’s subsidiary.
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9 September 2020
Schlumberger, IBM and Red Hat partner on digitalisation in O&G industry
Oilfield services company Schlumberger, technology company IBM and multinational software company Red Hat have formed a strategic collaboration to accelerate digital transformation in the oil and gas (O&G) industry.
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25 August 2020
Blackstone to reportedly sell 40% stake in Cheniere limited partnership to Brookfield
Asset management firm Blackstone Group reportedly said it would sell 40% of its stake in Cheniere Energy Partners to Brookfield Infrastructure and its own affiliated company.
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24 August 2020
Petrobras updates on stake sale in Brazil’s Bahia onshore fields
Brazilian state-controlled firm Petroleo Brasileiro (Petrobras) has signed a contract with SPE Rio Ventura to sell its entire stake in eight onshore fields in the Brazilian state of Bahia.
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24 August 2020
ConocoPhillips acquires liquids-rich Montney acreage from Kelt
US oil major ConocoPhillips has announced that it has completed the acquisition of land from oil and gas firm Kelt Exploration in Canada’s Montney shale oil play.
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20 August 2020
Occidental to sell some Colorado, Utah and Wyoming assets for $1.33bn
International oil and gas exploration and production (E&P) company Occidental Petroleum (Oxy) has signed a purchase and sale agreement to divest some of its assets to Orion Mine Finance for...
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18 August 2020
Algeria’s SONATRACH signs MoU with Wintershall Dea
Algerian state-owned hydrocarbons company SONATRACH has signed a memorandum of understanding (MoU) with German oil and gas company Wintershall Dea.