Acquisitions and mergers
Energy Transfer and Sunoco form joint venture of Permian crude businesses
It will operate more than 5000 miles of crude oil and water gathering pipelines with crude oil storage capacity exceeding 11 million barrels says Reuters.
Energy Transfer completes acquisition of WTG Midstream
The deal expands the Permian Basin pipeline and processing network, providing further access to growing supplies of natural gas and NGLs.
Intero partners with Rivean Capital in its next phase of growth
Intero Integrity Services announces that Rivean Capital has entered into a definitive agreement to acquire the company from First Reserve.
SENCO invests €20 million in Strohm
The investment is aimed at boosting Strohm's growth trajectory, which is focused on hydrogen and CCUS applications.
Lincoln Electric acquires Inrotech A/S
Lincoln Electric acquires vision-based adaptive intelligence software company.
ConocoPhillips acquisition of Marathon Oil creates third largest producer in the US Lower 48, says Wood Mackenzie
Wood Mackenzie: “The addition of Marathon further solidifies ConocoPhillips in a league of its own”.
Rystad Energy: market update in response to ConocoPhillips-Marathon deal
Rystad Energy shares a special market update diving into the specifics of the announcement, the rationale and comparing it to other recent shale megadeals.
ConocoPhillips in advanced talks to buy Marathon Oil
ConocoPhillips in advanced talks to buy Marathon Oil, the Financial Times reports.
ONEOK to acquire Gulf Coast pipelines for US$260 million
ONEOK has announced that it has agreed to acquire a system of NGL pipelines from Easton Energy, for approximately US$280 million.
ROVOP acquired by Chouest
ROVOP, a global supplier of ROV services, has been acquired.