Ares Kayne Management LP, an alternative investment group, will have $113 billion in assets, Bloomberg said. It will be formed through a $2.55 billion merger.
The merger of QEP Midstream Partners LP and Tesoro Logistics LP was approved during a unitholder meeting in San Antonio on July 21.
Rosetta will become a wholly owned subsidiary of Noble Energy, and James E. Craddock, Rosetta's chairman, CEO and president, will join Noble’s board of directors.
Energy Transfer Equity LP signed confidentiality agreement to participate in an auction for Williams Cos., the pipeline company that turned down its $48 billion takeover offer last month, Bloomberg said.
Doubts that regulators will approve Halliburton’s $35 billion takeover of fellow oilfield services company Baker Hughes this year creates high-reward opportunity for investors with appetite for risk, Reuters said.
The Department of Justice’s review date of Halliburton’s acquisition of Baker Hughes was extended to the later of Nov. 25 or 90 days after "substantial compliance" is achieved, Reuters said.
Wellsite Rental Services LLC provides rental drilling and completions equipment, and Viking Oil Tools provides specialty fishing, thru tubing and remedial services. Both are majority-owned by NGP Energy Technology Partners.
Optimus handles behavior-based safety, onsite coaching and training, occupational health and safety training, and risk diagnosis for high-hazard industry, including oil and gas. DEKRA’s total global workforce now surpasses 550.
Brazil's competition authority CADE said it gave preliminary approval to the transaction "without restrictions," Reuters said. Shell will be the largest foreign operator in Brazil after it buys BG.
All-stock offer is now worth $44.6 billion, Reuters said. Energy Transfer Equity LP is open to Williams’ strategic review, and willing to “take any steps necessary” to acquire the company.
StonePoint’s ability to acquire and develop Deep Basin and Peace River Arch assets was impacted by the downturn. The current transaction is in the shareholders’ best interest, the company said.
Frontline 2012 was spun off from Frontline three years ago and has since divested its dry-bulk and gas fleet to focus on crude oil and product tankers, Reuters said.
|E&P||USD 217||Members only||Milagro Oil & Gas Inc.|
|E&P||USD 118||Members only||Goodrich Petroleum Corp.|
|E&P||USD 47||Members only||McCabe Petroleum Corp.|
|Mid||USD 1500||Members only||Enterprise Products Partners LP|