Pipeline Technique to acquire Stanley’s oil and gas division
PTL will acquire CRC-Evans, Pipeline Induction Heat, and Stanley Inspection that form Stanley’s oil and gas division.
Deal News
Latest in
Deal News
Shelf Drilling to acquire Noble’s five jack-up rigs for $375m
The sale is expected to address the UK CMA’s potential concerns relating to the planned merger of Nobel and Maersk…
Petrobras to sell Brazilian deep-water assets to BW Energy
With the purchase, BW Energy expects to add nearly 9,000 barrels of oil per day starting from early 2023.
Berkshire Hathaway increases stake in Occidental Petroleum
With the latest purchases, Berkshire Hathaway now holds approximately 152.7 million Occidental shares.
ProFrac agrees to acquire US Well Services
Upon completion of the USWS acquisition, ProFrac will have 44 active frac solution fleets by the end of this year.
EU approves takeover of Poland’s Lotos by PKN Orlen
Following the completion of the deal, the Polish State Treasury would own a 35% stake in the new group.
QatarEnergy selects ConocoPhillips as partner for NFE expansion project
The partnership gives ConocoPhillips a 3.1% stake in the $28.75bn LNG expansion project.
Percussion Petroleum II considers sale of Permian assets in US for $1.5bn
The move comes as Percussion Petroleum II intends to capitalise on surging global crude oil prices.