Acquisitions and Divestitures News in United States

Anadarko Takes Stake in Saddlehorn Pipeline
3/18/2015 - Magellan Midstream Partners and Plains All American Pipeline, L.P. announced that a wholly owned subsidiary of Anadarko Petroleum Corporation has exercised its option to purchase a 20% equity interest...
Statoil Adds Acreage in Gulf of Mexico Central Lease Sale
3/18/2015 - Statoil successfully bid on 14 leases in the U.S. Department of the Interior’s central region Gulf of Mexico lease sale 235, which occurred in New Orleans, LA. ...
Midstates Petroleum Sells Dequincy Area for $44m
3/10/2015 - Midstates Petroleum Company, Inc. through its wholly-owned subsidiary, Midstates Petroleum Company LLC, has executed a Purchase and Sale Agreement (“PSA”) with Pintail Oil and Gas LLC for the sale of ...
BP to Sell Stake in Major North Sea Gas Pipeline
3/4/2015 - Oil major BP has put up for sale its stake in one of Europe's biggest natural gas pipelines in the North Sea as part of its ongoing asset disposal programme.

BP holds a 36 percent i...
Kinder Morgan in $158m Terminal Buy from Royal Vopak
2/9/2015 - Kinder Morgan, Inc. will purchase three terminals and one undeveloped site from Royal Vopak for approximately $158 million. The acquisition covers a 36-acre, 1,069,500-barrel storage complex at Galena...
INPEX Sells Interest in Block SL20183 to Sibley
2/9/2015 - INPEX CORPORATION (INPEX) through its whollyowned subsidiary, Teikoku Oil (North America) Co., Ltd., has agreed to sell all its participating interest (25%) in Block SL20183 in the State of Louisiana,...
Cameron Sells Centrifugal Compression Business for $850m
1/5/2015 - Cameron has completed the previously announced sale of its Centrifugal Compression business to Ingersoll Rand for cash consideration of approximately $850 million and after-tax proceeds of approximate...
ShawCor Announces Expected Impairment Charge
12/22/2014 - ShawCor Ltd. announced that it expects to incur an after tax impairment charge of up to approximately $80 million, relating to the goodwill and intangible assets of the Socotherm Gulf of Mexico coatin...
Gulfsands Completed the Sale of Gulf of Mexico Interests
12/22/2014 - Gulfsands Petroleum plc, the oil and gas production, exploration and development company with activities in Syria, Morocco, Tunisia and Colombia is pleased to provide the following the sale of the Gro...
OXY Completes Spin-off of California Resources Corporation
12/1/2014 - Occidental Petroleum Corporation announced it has completed the spin-off of its subsidiary California Resources Corporation . California Resources, which begins “regular way” trading on the New York S...
Forest Oil Announces Agreement to Sell Arkoma Basin
11/17/2014 - Forest Oil Corporation (Forest or the Company) announced that it has entered into a definitive agreement to sell its natural gas properties located in the Arkoma Basin for after-tax cash proceeds of a...
CorEnergy to Acquire MoGas Pipeline for $125 Million
11/17/2014 - CorEnergy Infrastructure Trust, Inc. (CorEnergy) announced that it has entered into a definitive agreement to acquire the ownership and operations of the MoGas Pipeline System for $125 million in cash...
Occidental Petroleum to Sell its Interest in BridgeTex Pipeline
11/6/2014 - Occidental Petroleum Corporation announced the entrance into an agreement with Plains All American Pipeline, L.P. (PAA) and Plains GP Holdings, L.P. (PAGP) to sell its 50 percent interest in BridgeTex...
QEP Sold Its Midstream Business for $2.5 bln to Tesoro
10/19/2014 - QEP Resources, Inc. announced that its wholly owned subsidiary, QEP Field Services Company (“Field Services”), has entered into a definitive agreement to sell its midstream business, including the Com...
Rose Petroleum Completed Strategic Acquisition
10/10/2014 - Rose Petroleum plc, the AIM-listed natural resources company, is pleased to announce that its wholly-owned U.S. subsidiary, Rose Petroleum (Utah) LLC has acquired 100% of the assets of a privately own...
Cimarex Agrees to Property Sales Totaling $326m
8/25/2014 - Cimarex Energy Co has signed various purchase and sale agreements to sell $326 million of oil and gas assets. Included is the sale of 4,200 net acres and associated wells in the Midland Basin located ...
Venezuela Seeks Buyer for Citgo Petroleum Refinery
7/31/2014 - Petroleos de Venezuela SA is seeking a buyer for Citgo Petroleum Corp., its U.S. refining and marketing company, in a deal that may be worth as much as $15 billion. ...
Inpex Acquires Additional Interest in US Gulf of Mexico Project
7/9/2014 - Inpex Corporation announced that Teikoku Oil (North America) Co., Ltd., a subsidiary, has acquired an additional participating interest in the Lucius deepwater US Gulf of Mexico project. Following thi...
Apache Completes Sale of Lucius & Heidelberg GOM Developments
6/30/2014 - Freeport-McMoRan Copper & Gold Inc announced that its oil and gas subsidiary, Freeport-McMoRan Oil & Gas (FM O&G), has completed the previously announced acquisition of certain of Apache Corporation’s...
Stone Energy Announces Sale of Non-Core GOM Shelf Properties
6/30/2014 - Stone Energy Corporation announced a definitive agreement to sell its non-core Gulf of Mexico (GOM) conventional shelf properties to Talos Energy Offshore LLC for $200 million in cash and assumed futu...

Accounting, Statistics Acquisitions and Divestitures Asset Portfolio Management Economics/Financial Analysis General Industrial Development Insurance Investment Mergers and Acquisitions Risk Management
For Buyers
For Suppliers
Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.