Mergers and Acquisitions News

Pioneer Natural Resources Completes Acquisition of DoublePoint Energy
United States >> 5/4/2021 - Pioneer Natural Resources Company has completed its previously announced acquisition of the leasehold interests and related assets of DoublePoint Energy in the Midland Basin, adding approx. 97,000 hig...
Fluor Sells AMECO North America to One Equity Partners for $73
United States >> 5/4/2021 - Fluor Corporation (FLR) announced the divestiture of its North American equipment and fleet services business, AMECO, to One Equity Partners for $73 million. ...
Cub Energy Announces Sale of CNG Interest
Ukraine >> 4/30/2021 - Cub Energy Inc. (“Cub”) (KUB), announces it has entered into a share purchase agreement (“SPA”) to sell its 50% interest in CNG Holdings Netherlands B.V. (“CNG”), which in turn owns CNG LLC (Ukraine L...
Petrobras Starts Binding Phase for Sale of TBG and TSB
Brazil >> 4/30/2021 - Petrobras, in continuation of the communiqué released on 02/05/2021, informs the start of the binding phase regarding the sale of the totality of its 51% stake in Transportadora Brasileira Gasoduto Bo...
Petrobras Concludes the Sale of 10% Stake in NTS
Brazil >> 4/30/2021 - Petrobras, in continuation of the communique released on April 28, 2021, informs that it signed a contract and concluded the sale of its remaining 10% stake in Nova Transportadora do Sudeste SA (NTS) ...
NOVATEK & TOTAL Sign HoA to Acquire 10% Stake in Arctic Transshipment
Russia >> 4/28/2021 - PAO NOVATEK (“NOVATEK”) signed a Heads of Agreement with TOTAL on the sale of a 10% participation interest in Arctic Transshipment LLC (“Agreement”). ...
Petrobras Board of Directors Approves Sale Of 10% Stake in NTS
Brazil >> 4/28/2021 - Petrobras, in continuation of the communique released on July 3, 2020, informs that the company's Board of Directors, in a meeting held, approved the sale of its remaining 10% stake in Nova Transporta...
Reabold Resources Offers to Acquire 13.12% Additional Shares in Corallian Energy
United Kingdom >> 4/27/2021 - Reabold, the investor in upstream oil and gas projects, has conditionally offered to acquire additional Corallian Energy Limited ("Corallian") shares from existing Corallian shareholders, in exchange ...
TechnipFMC plc to Sell Part of Its Stake in Technip Energies N.V.
France >> 4/26/2021 - TechnipFMC announces the launch of the placement of 25 million Technip Energies shares (the “Shares”), representing ca. 14% of Technip Energies’ share capital, through a private placement by way of an...
Vitol Acquires Stake in Green Hydrogen Company Gen2 Energy
Norway >> 4/26/2021 - Vitol has acquired a 10% equity interest in Gen2 Energy, a Norwegian producer of green hydrogen, for an undisclosed sum.

Gen2 Energy aims to use Norway’s surplus hydroelectric power to prod...
Standard Industries Holdings to Acquire Grace
Canada >> 4/26/2021 - W. R. Grace & Co., a leading global specialty chemical company and Standard Industries Holdings Inc., the parent company of Standard Industries, a privately held global industrial company, announced t...
61C Global Announces the Acquisition of Vega Energy Partners & WGL Midstream
United States >> 4/26/2021 - Six One Commodities Global LLC (“61C Global”), a natural gas and power merchant backed by Pinnacle Asset Management, L.P. (“Pinnacle”), announced the acquisitions of Vega Energy Partners, Ltd. (“VEP”)...
Archer Signs Offer Letter to Acquire DeepWell
Bermuda >> 4/26/2021 - Archer Limited is pleased to announce that we have signed an offer letter with Moreld laying out principle terms to purchase 100% of the shares in Deepwell AS (“DeepWell”). The contemplated transacti...
SIBUR and TAIF to Merge Their Petrochemical Businesses
Russia >> 4/23/2021 - SIBUR and TAIF have initiated a number of steps to combine their petrochemical businesses. Existing TAIF shareholders will receive a 15% stake in PJSC SIBUR Holding in exchange for the transfer of a c...
Golar LNG to Voluntarily Delist its 8.75% Series A
United States >> 4/23/2021 - Golar LNG Partners LP announced the completion of its sale to New Fortress Energy Inc. on April 15, 2021.

In connection with the sale to N...
Contract Signed for GASPOOL and NetConnect merger
Germany >> 4/22/2021 - On 21 April 2021, the cooperation contract, which provides for the merger of the two gas market areas GASPOOL and NetConnect Germany to form the Trading Hub Europe (THE) market area, was signed in Ber...
Harbour Announces Result of Audit Tender
United Kingdom >> 4/22/2021 - The Board of Harbour Energy plc announces its intention to appoint Ernst & Young LLP ('EY') as its auditor for the year ending 31 December 2021. The appointment of EY will be recommended to the Compan...
AqualisBraemar & LOC Group Completes Company Integration Process
United Kingdom >> 4/21/2021 - Following the completion of AqualisBraemar’s acquisition of LOC Group in December 2020, the two groups have successfully finalized their integration process ahead of the original schedule, operating a...
Axens Acquires Flowvision Company Specialized in Nitrogen Oxides Reduction Solutions
Denmark >> 4/21/2021 - Axens is pleased to announce the signature of a Share Sale and Purchase Agreement for the acquisition, on 15 April 2021, of Flowvision (Denmark, Odense), an engineering company specialized in emission...
Sale of 60.5% of ENGIE EPS by ENGIE to TCC
Taiwan >> 4/20/2021 - ENGIE has announced the signing of a Sale Purchase Agreement with Taiwanese company TCC for its 60.5% stake in the share capital of ENGIE EPS. TCC, with an over $10 billion market capitalization, is o...

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