Acquisitions and Divestitures News in United States

DTE Midstream Expands Growth Platform with Acquisition of High-Quality Midstream Assets
10/18/2019 - DTE Midstream, a non-utility business of DTE Energy (DTE), entered into an agreement to acquire a gathering system and gathering pipeline in the Haynesville shale formation of Louisiana for a purchase...
Diversified Gas & Oil Completes Acquisition of Natural Gas Gathering Systems
9/27/2019 - AIM-listed Diversified Gas & Oil, 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 announcement made by th...
Transocean Relinquishes Interests in Samsung Drillships under Construction
9/23/2019 - Transocean Ltd. (RIG) announced that two of its indirect, wholly-owned subsidiaries will relinquish their respective interests in two drillships under construction – the Ocean Rig Santorini and the Oc...
Talos Energy Announces Transactions with BP& Exxonmobil
9/19/2019 - Talos Energy Inc. (Talos) (TALO) announced that it has entered into two separate agreements with BP plc (BP) and Exxon Mobil Corporation (ExxonMobil) related to new exploration opportunities in the U....
W&T Offshore Completes Acquisition of Producing Properties in GoM
9/3/2019 - W&T Offshore, Inc. (WTI) (W&T) announced that it has closed the previously-announced purchase of ExxonMobil Corporation’s (ExxonMobil) interests in and operatorship of oil and gas producing propertie...
Concho Resources Sells New Mexico Shelf Assets for $925M
9/3/2019 - Concho Resources Inc. (CXO) (Concho) announced that it has entered into a definitive agreement to sell its assets in the New Mexico Shelf (the “Shelf”) to an affiliate of Spur Energy Partners LLC for ...
Diversified Gas & Oil Acquires Natural Gas Gathering Systems
8/27/2019 - AIM-listed Diversified Gas & Oil, the U.S. based owner and operator of natural gas, natural gas liquids, and oil wells as well as midstream assets, has entered into binding agreements to acquire two s...
BP to Sell Alaska Business to Hilcorp
8/27/2019 - BP has agreed to sell its entire business in Alaska to Hilcorp Alaska, based in Anchorage, Alaska. Under the terms of the agreement, Hilcorp will purchase all of BP's interests in the state for a tota...
BP to Sell Alaska Business to Hilcorp
8/27/2019 - BP announced that it has agreed to sell its entire business in Alaska to Hilcorp Alaska, based in Anchorage, Alaska. Under the terms of the agreement, Hilcorp will purchase all of BP's interests in th...
88 Energy Farms out Project Icewine
8/22/2019 - 88 Energy Limited (88 Energy) provides the following update related to the farmout process for its conventional prospect portfolio at Project Icewine, located on the Central North Slope, Alaska. ...
Kinder Morgan Agrees to Sell U.S. Portion of Cochin Pipeline
8/21/2019 - Kinder Morgan, Inc. (KMI) has agreed to sell the U.S. portion of the Cochin Pipeline to Pembina Pipeline Corporation (PBA) (Pembina) for $1.546 billion, approximately 13 times 2019 expected EBITDA. Al...
Williams Begins Service on Deepwater Gulf Gathering Pipeline System
7/24/2019 - Williams (WMB) announced that it has acquired and placed into service the 16-inch Norphlet deepwater gathering pipeline system constructed by Shell Offshore Inc. (Shell), operator, and CNOOC Petroleum...
Apache Completes Midcontinent Asset Sales
7/18/2019 - Apache Corporation announced the completion of asset sales in the midcontinent and provided supplemental information regarding certain second-quarter 2019 financial and operational results. ...
Woodfibre LNG Receives BC OGC Facilities Permit
7/3/2019 - Woodfibre LNG president David Keane made the following statement upon receipt of the BC OGC Facilities Permit: “Following a rigorous process, Woodfibre LNG is pleased to have received our Facility Pe...
MMEX Resources Completes all Agreements to Sell its Planned West Texas Refinery Products
7/1/2019 - MMEX Resources Corp. (MMEX), a development stage company focusing on the acquisition, development and financing of oil, gas, refining and infrastructure projects in Texas and The Americas has complete...
McDermott Provides Update on Asset Sale Process
7/1/2019 - McDermott International, Inc. provided an update on its asset sale process. The company has completed the sale of Alloy Piping Products (APP), the distribution and manufacturing arm of its U.S. pipe f...
Sale of Strawn Production Facilities and Leases
7/1/2019 - Mosman Oil and Gas Limited the oil exploration, development and production company, advises that it has sold its 50% interest in the Strawn Production Facilities and Lease ('Strawn') to Eagle Natural ...
88 Energy Provides Project Icewine Conventional Farmout Update
6/26/2019 - 88 Energy has provided an update related to the farmout process for its conventional prospect portfolio at Project Icewine, located on the Central North Slope, Alaska. ...
Empire Energy Sells Kansas Assets to Mai Oil
6/21/2019 - Empire Energy Group Limited is pleased to advise shareholders that it has entered into a Purchase and Sale Agreement (“PSA”) with Mai Oil Operations, Inc (“Mai Oil”) for the sale of its Kansas assets ...
Shell Agrees to Sale of Martinez Refinery
6/11/2019 - Equilon Enterprises LLC d/b/a Shell Oil Products US (Shell), a subsidiary of Royal Dutch Shell plc announced it has reached an agreement for the sale of Shell’s Martinez Refinery in California to PBF ...

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