MPLX LP to acquire Northwind Midstream
Northwind provides sour gas gathering, treating, and processing services in Lea County, New Mexico.
Northwind provides sour gas gathering, treating, and processing services in Lea County, New Mexico.
The brief provides new analysis of stalled US project pipelines, modelling on the economic impact of new import tariffs, and a growing innovation gap that now favours East Asia.
Baker Hughes and Chart Industries have announced that they have entered into a definitive agreement under which Baker Hughes will acquire all outstanding shares of Chart’s common stock for US$210 per share in cash, equivalent to a total enterprise value of US$13.6 billion.
Under the contract, the consortium will design, construct, install and pre-commission the new YT2 36 in. offshore natural gas pipeline, connecting the Yongan LNG terminal with the Tongxiao transfer station.
FIC says the transaction allows it to support the platform’s future growth while providing FIC’s pre-existing limited partners the opportunity to monetise performance on a successful investment in Matterhorn.