Giselle
Warren
Hart Energy
H2SITE, Gold Hydrogen Sign MOU for Natural Hydrogen Plant in Australia
Utilizing H2SITE’s advanced membrane separation technology, the plant aims to recover over 95% of the available hydrogen while separating co-products such as helium.
Komatsu to Acquire American Battery Solutions
Komatsu plans to use American Battery Solutions technology to electrify the construction and mining equipment it offers.
Post-Earthstone Deal, Permian Resources Switches Up M&A Strategy
E&P Permian Resources will shift to smaller-scale deals to add value as opportunities to consolidate in the Midland and Delaware basins shrink.
Tailwater: Midstream Whittles Down Debt, but M&A Likely Brewing
So far this year, Midstream companies have eschewed spending cash flow on capex or M&A, but that’s likely to change as Permian players expanded out of core areas, a Tailwater Capital partner Stephen Lipscomb said.
TechnipFMC Sells Terminal Management, Metering Business for $205MM
TechnipFMC will sell its Measurement Solutions business to One Equity Partners to focus on core products, the company said.
NOG Enters Ohio Utica Shale, Adds Permian with $174MM in M&A
Non-op specialist Northern Oil & Gas is entering the Ohio Utica Shale and expanding its position in the northern Delaware Basin with approximately $174 million in M&A.
Suncor Completes Acquisition of TotalEnergies EP Canada
Suncor Energy’s acquisition of TotalEnergies’ remaining upstream Canadian assets makes Suncor the sole owner of the Alberta Fort Hills Project.
OEG Acquiring Bluestream Offshore
Bluestream will retain its brand and become a subsidiary of OEG renewables.
Bankers to E&Ps: Get Serious About Acquisitions or ‘Disappear’
Beyond large public companies, returns to investors are becoming a pillar of the E&P business model—from small-caps to private companies—while consolidation increasingly becomes a focus for shale players.
M&A: Permian Buyers, Sellers Find ‘Goldilocks’ Zone in 2023
Permian Basin M&A has taken off in 2023 largely because buyers and sellers are in a ‘Godilocks’ zone in which prices are just right, executives at RBC Capital Markets and Jefferies said.