M&A/Investment

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Two of the leading offshore drilling contractors have agreed to merge creating an industry-leading drilling contractor capable of working across all water depths with a truly global footprint. more

M&A/Investment

Ensco plc and Rowan Companies plc have entered into a definitive transaction agreement under which Rowan will combine with Ensco in an all-stock transaction. more

M&A/Investment

Williams has completed the sale of assets and equity comprising its previous Four Corners Area business (“FCA”) in New Mexico and Colorado to Harvest Midstream Company (“Harvest”) for $1.125 billion in cash. more

M&A/Investment

Marathon Petroleum has completed the acquisition of Andeavor, forming the largest independent U.S. refiner by capacity; shareholders approved the deal last week. more

M&A/Investment

Husky Energy Inc. has made an unsolicited bid to acquire rival MEG Energy Corp in a deal valued at C$6.4 billion ($5 billion) including debt. more

M&A/Investment

BASF and LetterOne signed a definitive transaction agreement to merge their respective oil and gas businesses in a joint venture, which will operate under the name Wintershall DEA. more

M&A/Investment

Liquefied Natural Gas Limited through its 100% owned project company, Magnolia LNG, LLC (Magnolia) and Meridian LNG Holdings have agreed to extend the financial close date of their legally binding offtake agreement to 31 December 2018. more

M&A/Investment

Ortloff will become part of Honeywell UOP’s Gas Processing and Hydrogen business, bringing the industry’s most advanced expertise in the recovery of high-value natural gas liquids (NGLs) from natural gas streams. more

M&A/Investment

AltaGas Ltd. (AltaGas) announced that it has entered into definitive agreements for the sale of non-core midstream and power assets in Canada and power assets in the United States. more

M&A/Investment

Oil and gas producer Southwestern Energy Co (SWN.N) agreed to sell its Fayetteville shale assets in Arkansas to privately owned Flywheel Energy LLC in an all-cash deal valued at about $1.87 billion. more

M&A/Investment

Enbridge Inc, Canada’s largest pipeline operator, said it would buy its U.S. master limited partnership Spectra Energy Partners for a deal of $3.3 billion. more

M&A/Investment

Hess Corp

Copyright: 123RF Stock Photo

Hess Corporation announced that it has completed the previously announced sale of its joint venture interests in the Utica shale play in eastern Ohio to Ascent Resources – Utica. more

M&A/Investment

LyondellBasell, one of the largest plastics, chemicals and refining companies in the world, announced it has completed the acquisition of A. Schulman, Inc., a leading global supplier of high-performance plastic compounds, composites and powders. more

M&A/Investment

HydroChem.jpg

Gittings Photography

Nearly a year has passed since Hydrochem and PSC joined forces to consolidate services and reduce customers' contractor counts. BIC Magazine recently sat down with Bob Pfeiffer, president of HydroChemPSC's Downstream Business, to discuss the merger. more

M&A/Investment

ERIKS North America-owned companies Lewis-Goetz, EVCO House of Hose, and Valley Rubber & Gasket are rebranding as ERIKS, effective June 1. more

M&A/Investment