Acquisitions and Divestitures News in United States

Harvest Oil & Gas Enters into Agreement for the Sale of Its Appalachian Basin Assets
7/8/2020 - Harvest Oil & Gas Corp. announced that a wholly-owned subsidiary has entered into a definitive agreement to sell its Appalachian Basin assets, which will represent substantially all of the assets of t...
Regasification Capacity Auctions Successfully Concluded
7/7/2020 - The auctions for the annual and multi-year allocation without expression of interest of the regasification capacity at "FSRU Toscana" terminal, managed by OLT Offshore LNG Toscana, were successfully c...
BP Completes Sale of Upstream Alaska Business to Hilcorp
7/6/2020 - BP has completed the sale of its upstream Alaska business to Hilcorp and operations of the Prudhoe Bay oil field have been transferred to Hilcorp. The upstream assets comprise the vast majority of the...
Further Update on Sale of Welch Project
7/3/2020 - Mosman Oil and Gas Limited, the oil exploration, development and production company, provides an update on the sale of the Welch Project in Texas. ...
Mosman Announces Placing to Raise GBP400,000
7/2/2020 - Mosman Oil and Gas Limited has undertaken a placing to raise £400,000 (before expenses) by the issue of 500,000,000 new ordinary shares (the "Placing Shares"), at a placing price of 0.08p (the "Placi...
Colonial Enters into Agreement to Purchase 3 Refined Product Terminals
7/1/2020 - Colonial Terminals Operating Company LLC – a subsidiary of Colonial Enterprises, Inc. (Colonial) and an affiliate of Colonial Pipeline Company – has entered into an agreement to purchase three refined...
McDermott Successfully Completes Comprehensive Restructuring Process
6/30/2020 - McDermott International Ltd. has successfully completed its restructuring process. The comprehensive balance sheet restructuring equitizes nearly all of McDermott's $4.6 billion of funded debt. The Co...
BP Agrees to Sell Its Petrochemicals Business to INEOS
BP Agrees to Sell Its Petrochemicals Business to INEOS 6/29/2020 - BP has agreed to sell its global petrochemicals business to INEOS for a total consideration of $5 billion, subject to customary adjustments. The agreed sale, the next strategic step in reinventing bp,...
Stork to Sell Equipment Rental Business EQIN
6/29/2020 - Fluor Corporation announced that Stork, part of Fluor’s Diversified Services segment, has come to an agreement with VE Partners to sell EQIN, Stork’s professional equipment rental business in Europe. ...
Empire Pipeline Acquires Gibson Terminal
6/25/2020 - Empire Pipeline LLC has acquired a crude oil terminal in Gibson, Louisiana (the “Gibson Terminal” or “Terminal”) from Equilon Enterprises LLC (d/b/a Shell Oil Products US) and Shell Oil Company. Locat...
Talos Energy Announces Borrowing Base Redetermination Results
6/22/2020 - Talos Energy Inc. (Talos) (TALO) announced that its borrowing base has been confirmed at $985 million following its semi-annual redetermination process. Separately, Talos announced the bolt-on acquisi...
Mosman Oil and Gas Provides Update on Sale of Welch Project
6/19/2020 - Mosman Oil and Gas Limited (MSMN) the oil exploration, development and production company, provides an update on the sale of the Welch Project in Texas. ...
Tidewater Signs Agreement to Sell Pioneer Pipeline
6/18/2020 - Tidewater Midstream and Infrastructure Ltd. is pleased to announce that, with its partner TransAlta Corporation (“TransAlta“), it has entered into a definitive Purchase and Sale Agreement with respect...
Update on Pine Mills Farmout
6/15/2020 - Nostra Terra (NTOG), the oil & gas exploration and production company with a portfolio of development and production assets in Texas, USA, is pleased to provide an update regarding the farmout of a po...
Glenfarne Expands Its Commitment to LNG Sector with Acquisition of Magnolia LNG
6/9/2020 - Glenfarne Group, LLC, a developer, owner-operator and industrial manager of energy and infrastructure assets, announced it has completed the acquisition of Magnolia LNG, an LNG export terminal develop...
Chevron & Union Oil Retained EnergyNet Indigo as Technical Advisor
6/5/2020 - Chevron U.S.A. Inc. and Union Oil Company of California has retained EnergyNet Indigo as exclusive transaction and technical advisor to facilitate the sale of its Operations, Non-Operated WI, HBP Leas...
Diversified Gas & Oil Announces Completion of Carbon Energy Acquisition
5/27/2020 - Diversified Gas & Oil PLC (DGOC) confirms that further to the announcements made by the Company on 8 April 2020 and 12 May 2020, it has completed the purchase of certain upstream and midstream assets ...
LNG Limited & GEM Terminate Sale Transaction
5/27/2020 - We refer to the previous announcement dated 12 May 2020 in which Liquefied Natural Gas Limited disclosed that it had entered into a binding sale transaction with Global Energy Megatrend Limited (GEM) ...
Completion of EQT Acquisition
5/26/2020 - Diversified Gas & Oil PLC, the U.S. based owner and operator of natural gas, natural gas liquids, and oil wells as well as midstream assets, confirms that further to the announcements made by the Comp...
Mosman Oil and Gas Announces Sale of Welch Project in Texas
5/20/2020 - Mosman Oil and Gas has entered into a Contract for the sale of the Welch Project in Texas with the US based Eagle Natural Resources for US$300,000 (cA$460,000).

A deposit of US$30,000 has b...

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