Finance - Acquisitions Divestitures

Total Sells 4% Of Ichthys LNG Project For $1.6 Billion

Total remains committed to the Australian Ichthys LNG project and the French company would be holding on to its remaining 26% stake in Ichthys, says a company exec.

Reuters

Hess To Sell Bakken Water Business In $225 Million Proposed Deal

Hess is looking to sell its Bakken water services business in a proposed $225 million-cash transaction with a midstream energy joint venture between Hess and Global Infrastructure Partners.

Athabasca Oil Sells Alberta Thermal Oil Infrastructure To Enbridge

The C$265 million sale to Enbridge consists of Leismer pipelines and a Cheecham storage terminal serving the Leismer oil sands and Corner projects in Athabasca’s Alberta thermal oil business.

US Solar Developer 8minutenergy In $200 Million Joint Venture

8minutenergy will use the more than $200 million from the JV to develop solar projects throughout the U.S. over the next five years, including in California, Texas and the U.S. Southeast.

Reuters

Williams Sells Gulf Coast Assets To Easton Energy For $177 Million

Williams sold certain Gulf Coast midstream assets, which a company executive said ‘were not core’ to its business strategy, to Easton Energy backed by Cresta Energy Capital.

Emily Patsy

Forty Under 40: Jacob Nagy, Petrie Partners

Petrie Partners’ Jacob Nagy, an energy investment banker who has packed a lifetime’s worth of accomplishments into his 11-year career, is today’s Forty Under 40 honoree.

M&A Experts: In This New Wave, Bigger Is Better

DUG Midcontinent panel sees the Encana-Newfield deal as a sign of things to come.

Joseph Markman

Enbridge Adds Dry Powder With Sale Of Enbridge Gas New Brunswick

Enbridge agreed to sell its Enbridge Gas New Brunswick business, which analysts said will add dry powder to the Calgary, Alberta-based company’s balance sheet.

Emily Patsy

Equitrans Midstream Plans To Simplify Structure, Eliminate IDRs

The Equitrans Midstream simplification transactions, which follow a recent wave of MLP consolidation, are expected to address the company’s IDR overhang, says CEO.

Emily Patsy

WhiteWater Midstream Reportedly Eyes $2 Billion Sale

It is possible that WhiteWater Midstream's effort to sell itself may not lead to a deal, the sources cautioned, asking not to be identified because the matter is confidential.

Reuters

Woodside Petroleum Signs 20-year Gas Supply Deal With Perdaman

Woodside Petroleum Ltd, Australia's biggest listed oil and gas explorer, said on Nov. 20 it had signed a 20-year gas supply deal with Perdaman Chemicals and Fertilisers Pty Ltd.

Reuters

Elevate Midstream Establishes East Texas Footprint With Recent Acquisition

The acquisition, which the Tailwater Capital-backed company acquired from Woodland Midstream Partners and Orion Pipeline, establishes a “strong asset base” for Elevate Midstream in East Texas.

Pages

Like what you read?

Sign up to receive free Midstream Business Newsletters.