Acquisitions and mergers
Express Engineering acquires QA Weld Tech
Transaction supports Express Engineering’s growth in specialist subsea engineering products.
Prism Energy acquires Mandos Software
Aberdeen-based project and risk management consultancy announces it has acquired Mandos Software for an undisclosed sum.
STATS acquired by Japan stock market listed Mitsui
STATS Ltd executes share purchase agreement to sell 100% of issued share capital of company to Mitsui & Co., Ltd.
TC Energy expects to appeal Delaware Court rulings
Delaware Chancery Court issues ruling against TC Energy in class action lawsuit brought on behalf of former shareholders of Columbia Pipeline Group Inc.
ArcLight acquires an incremental interest in NGPL
Affiliate of ArcLight Capital Partners acquires incremental 12.5% interest in Natural Gas Pipeline Company of America from Brookfield Infrastructure Partners L.P.
Eni enters exclusive talks to acquire Neptune Energy
Eni agreed to slightly increase its offer for Neptune.
ONEOK to buy Magellan Midstream Partners for US$18.8 billion
ONEOK Inc. agreed to buy US pipeline operator Magellan Midstream Partners in a cash-and-stock deal valued at about US$18.8 billion including debt.
Stonepeak completes acquisition of interest in KAPS
Stonepeak announces successful completion of previously announced transaction to acquire a 50% interest in Canadian NGL pipeline system.
Energy Transfer to acquire Lotus Midstream
Energy Transfer to acquire operator of the Centurion Pipeline, a fully integrated crude pipeline and terminal system in the Permian Basin.
EMOV becomes largest shareholder in UK
EMOV Group is now the owner of 18.9% of Nostrum’s issued shares.