Acquisitions and Divestitures News

Zenith Energy Announces First Agreement for USA Acquisition Campaign
United States >> 6/2/2023 - Zenith Energy Ltd. (ZEN; ZENA), the international energy production company, is pleased to announce that it has entered into an agreement (the "Agreement") with Stateside Energy LLC, a company registe...
Black Bear Transmission Sells Mississippi Gas Gathering Assets
United States >> 6/2/2023 - Black Bear Transmission LLC (“Black Bear”), announced the divestiture completion of gas gathering assets owned by BBT Mississippi, LLC (“BBT MS”) to Skye MS, LLC of Columbia, Mississippi. ...
JX Nippon Announces Acquisition of Interest in PRL15 in Papua New Guinea
Papua-New Guinea >> 6/2/2023 - JX Nippon Oil & Gas Exploration Corporation (President: Toshiya Nakahara) is pleased to announce that its wholly owned subsidiary, JX Nippon Oil & Gas Exploration (Papua LNG) Pty Ltd (President: Hid...
Par Pacific Completes Acquisition of ExxonMobil Billings Refinery
United States >> 6/1/2023 - Par Pacific Holdings, Inc. (PARR) (“Par Pacific”) announced that it has successfully closed its previously announced acquisition of the Billings refinery and associated marketing and logistics assets ...
OX2 Sells 27 MW Onshore Wind Farm in Italy
Italy >> 6/1/2023 - OX2 has signed a contract to sell a 27 MW onshore wind farm in Foggia, Italy, to Glennmont Partners, one of Europe’s largest fund managers focusing exclusively on investments in clean energy infrastru...
NRG Announces $1.75 Billion Asset Sale
United States >> 6/1/2023 - NRG Energy, Inc. (NRG) announced that it has entered into a definitive agreement to sell its 44% equity interest in South Texas Project Electric Generating Station (STP) to Constellation Energy for a ...
Semco Maritime Announces Acquisition of Wind Multiplikator Group
Germany >> 6/1/2023 - International engineering and contracting group Semco Maritime A/S (‘Semco Maritime’) has entered an agreement to acquire German Full-Service Provider Wind Multiplikator GmbH (‘Wind Multiplikator’), s...
Challenger Energy Provides Update on Sale of Cory Moruga
Trinidad and Tobago >> 6/1/2023 - Challenger Energy (CEG), the Caribbean and Americas focused oil and gas company, with a range of oil production, development, appraisal, and exploration assets, provides the following update in relati...
Pantheon Resources Announces Lease Award
United States >> 6/1/2023 - Pantheon Resources plc ("Pantheon"), the AIM-quoted oil and gas company with a 100% working interest in all of its oil projects spanning c. 193,000 acres adjacent and near to transportation and pipeli...
Westbridge Renewable to Monetize 1.4 GW Alberta Solar PV Portfolio
Canada >> 6/1/2023 - Westbridge Renewable Energy Corporation (WEB) (WEGYF) (PUQ) ("Westbridge", "Westbridge Renewable") is pleased to announce that it has entered into definitive agreements entered into on June 1st 2023 ...
Amber Grid and EEX Closed an Agreement on the Sale of Shares of the Gas Exchange GET Baltic
Lithuania >> 5/31/2023 - Lithuanian gas transmission system operator Amber Grid and the European Energy Exchange AG (EEX) have closed the transaction by which EEX acquired 66% of the shares in the regional gas exchange GET Ba...
Ranger Energy Services Announces New Asset Based Lending Facility
United States >> 5/31/2023 - Ranger Energy Services, Inc. (RNGR) (“Ranger” ), a leading provider of well service rigs and associated services to the oil and gas industry, is pleased to announce the successful closing of a new ass...
PSEG Completes Sale of its 25% Equity Interest in Ocean Wind 1 to Ørsted N.A.
United States >> 5/31/2023 - Public Service Enterprise Group Incorporated today announced that it has completed the sale of its 25% equity interest in the 1,100-megawatt Ocean Wind 1 project to Ørsted North America (Ørsted N.A.)....
Savannah Energy Provides COTCo Update
Chad >> 5/26/2023 - As previously announced, the share purchase agreement with PETRONAS (E&P) Overseas Ventures SDN. BHD. ("PETRONAS") for a wholly owned affiliate of Savannah to acquire PETRONAS' upstream and midstream ...
Suncor Energy Provides Update on Acquisition of TotalEnergies' Canadian Operations
Canada >> 5/26/2023 - Suncor Energy has been notified that ConocoPhillips Canada ("ConocoPhillips") has elected to exercise their right of first refusal with respect to TotalEnergies' 50% working interest in the Surmont as...
Interoil Executes PSA for Acquisition of Additional Participation in Santa Cruz Concessions
Argentina >> 5/26/2023 - Interoil Exploration and Production ASA (the "Company" or "IOX") is pleased to announce the execution of a Purchase and Sale Agreement (the "PSA") whereby Interoil and the Argentine company Selva Marí...
CAM Industrial Successfully Completes Acquisition of Worley's North American Business
United States >> 5/26/2023 - CAM Industrial Solutions LLC has successfully completed its acquisition of Worley's North American maintenance and turnaround business as well as Worley's power operations and maintenance business. Th...
Talos Energy Announces Mexico Transaction, Including Stake in Zama, With Grupo Carso
United States >> 5/25/2023 - Talos Energy Inc. announced that Zamajal, S. A. de C.V., a wholly owned subsidiary of Grupo Carso ("Carso"), has agreed to acquire a 49.9% interest in Talos's Mexican subsidiary ("Talos Mexico"), whic...
EDP Transfers its Participation in the Leading Floating Offshore Wind Platform to Ocean Winds
Portugal >> 5/25/2023 - EDP and Principle Power began their collaboration in 2009 to develop what became the first floating wind farm off the European coast. Transfer of EDP shares to Ocean Winds solidifies the companies’ am...
CorEnergy to Sell MoGas and Omega Pipeline Systems to Spire
United States >> 5/25/2023 - CorEnergy Infrastructure Trust, Inc. announced entry into a definitive agreement to sell its MoGas and Omega pipeline systems (“MoGas System”) to Spire Inc. for approximately $175 million in cash, sub...

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