Acquisitions and Divestitures News

Tenth Avenue Petroleum Announces Closing of Light Oil Acquisition
Canada >> 9/30/2022 - Tenth Avenue Petroleum Corp. ("TPC" or the "Company") is pleased to announce that the Company has closed the acquisition of a light oil, high netback asset in Southern Alberta from Danzig Resources Lt...
Greencastle Acquires Criterium Energy Units
Canada >> 9/29/2022 - Greencastle Resources Ltd. is pleased to announce an initial investment in Criterium Energy Ltd. “Criterium”, an emerging, upstream energy company focused on the acquisition and development of oil and...
DT Midstream Increases Ownership in Millennium Pipeline
United States >> 9/29/2022 - DT Midstream, Inc. (DTM) announced that it has entered into an agreement to acquire an additional 26.25% ownership interest in Millennium Pipeline for approximately $552 million in cash. The transacti...
Ørsted Completes Divestment of 50 % of Hornsea 2 Offshore Wind Farm
United Kingdom >> 9/29/2022 - Further to our company announcement issued on 28 March 2022, Ørsted has completed the divestment of 50 % of Hornsea 2 Offshore Wind Farm to a consortium comprising AXA IM Alts, acting on behalf of cli...
Diversified Announces Completion of Central Region Acquisition
United States >> 9/28/2022 - Diversified Energy Company PLC announces the closing of its acquisition of certain upstream assets and related facilities (the "Assets") in Oklahoma and Texas, within the Company's Central Region, fro...
ORIX Corporation USA Completes Equity Investment in Texas Wind Power Farm
United States >> 9/28/2022 - ORIX Corporation USA (ORIX USA) announced the completion of an equity investment by its Strategic Solutions group in a 150 MW wind power farm located near Amarillo, TX. The wind power farm consists of...
Alberta Indigenous Announces Largest Indigenous Energy Partnership in North America
Canada >> 9/28/2022 - Alberta Indigenous Opportunities Corporation (AIOC) is thrilled to announce a landmark deal between 23 Indigenous Nations and Enbridge in the purchase of an 11.57 per cent working interest in seven ma...
Indigenous Communities and Enbridge Announce Landmark Equity Partnership
Canada >> 9/28/2022 - Enbridge Inc. and 23 First Nation and Métis communities announced an agreement whereby the communities will acquire, collectively, an 11.57% non-operating interest in seven Enbridge-operated pipelines...
Tumbleweed Midstream Formally Ends Sales Process of Ladder Creek Helium Plant and Gathering System
United States >> 9/28/2022 - • Tumbleweed ownership and board of managers are committed to the Ladder Creek system and its ongoing operations and growth
• Current processing capacity at the Ladder Creek plant is 38 MMcf/d, ...
Westinghouse Completes Sale of Power Delivery Business
United States >> 9/28/2022 - Westinghouse Electric Company has signed a definitive agreement to sell the Power Delivery business of BHI Energy Co. (BHI) to United Utility Services, a portfolio company of Bernhard Capital Partners...
Devon Energy Completes Acquisition of Eagle Ford Bolt-On
United States >> 9/28/2022 - Devon Energy Corp. (DVN) announced that it has completed its previously announced acquisition of Validus Energy, an Eagle Ford operator, for a total cash consideration of $1.8 billion, less purchase ...
Kumul Offers to Acquire 5% of PNG LNG
Papua-New Guinea >> 9/27/2022 - Santos advises it has received a binding conditional offer from Kumul Petroleum Holdings Limited (Kumul) to acquire a 5 per cent project interest in PNG LNG for asset value of US$1.4 billion, includin...
Kinder Morgan Announces Sale of Equity Interests in Elba Liquefaction Company
United States >> 9/27/2022 - Kinder Morgan, Inc. (KMI) announced that it has closed on the sale of a 25.5% equity interest out of its membership interest in Elba Liquefaction Company, L.L.C. (ELC) to an undisclosed financial buye...
Mosman Oil and Gas Provides EP(A) 155 Update
United States >> 9/27/2022 - Mosman Oil and Gas Limited the oil exploration, development, and production company, previously announced the farmout arrangement between the Company and a wholly owned subsidiary of Georgina Energy P...
Santos Exercises Option to Increase Mahalo Gas Project Equity
Australia >> 9/26/2022 - Key points:
• Comet Ridge has received a notice from Santos to acquire the additional 12.86% option interest in the Mahalo Gas Project, per previously announced arrangements between the parties....
Poseidon Acquisition Ups Go-Private Offer for Atlas Corp. to $15.50 a Share
United Kingdom >> 9/26/2022 - Poseidon Acquisition Corp., on behalf of a consortium composed of David L. Sokol, Chairman of the Board of Directors of Atlas Corp. (NYSE: ATCO) (“Atlas” or the “Company”), certain affiliates of Fairf...
Acquisition of Interest in Itaipu Field
Brazil >> 9/26/2022 - Petro Rio S.A., in addition to the Material Fact of November 19, 2020, informs its shareholders and the market in general of the signing of an agreement with Total Energies E&P Brasil Ltda. for the ac...
Shell Withdraws from Major Irish Offshore Wind Projects
Ireland >> 9/24/2022 - Shell and Simply Blue Group confirm that Shell will end its involvement in the Western Star and Emerald offshore wind projects in Ireland.

This is a portfolio decision for Shell, for whom o...
TotalEnergies Selected as QatarEnergy’s First Partner in the North Field LNG Project
Qatar >> 9/24/2022 - Following its selection as the first partner for the 32 million ton per annum (Mtpa) North Field East (NFE) liquefied natural gas (LNG) project, TotalEnergies has again been selected as the first inte...
Rockhopper Exploration Provides Sea Lion Update
Falkland Islands >> 9/23/2022 - Rockhopper Exploration plc, the oil and gas exploration and production company with key interests in the North Falkland Basin, is pleased to announce that, further to the signing of definitive documen...

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