Oil, Gas and Shale
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NEWS Click on text to read news by category: General | Product | People | Worldwide

Argonaut Private Equity Partners with Mammoth Carbon Products

March 15, 2019

Argonaut Private Equity, a Tulsa-based private equity fund, has investment in Mammoth Carbon Products, a Houston-based pipeline distribution company. Mammoth is an industry leader in carbon steel pipe distribution and services for the energy infrastructure markets. Established in 2014, Mammoth

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Quorum Software Acquires Coastal Flow Measurement and Flow-Cal

March 15, 2019

Quorum Software, a Thoma Bravo portfolio company and the leader in digital transformation for the oil and gas industry, has entered into a definitive agreement to acquire Houston-based Coastal Flow Measurement, a family of energy measurement services and software companies,

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WekaIO Strengthens Oil & Gas Industry Presence with New Houston Office, Texas

March 15, 2019

WekaIO, the innovation leader in high-performance, scalable file storage for data-intensive applications, has opened a new office in Houston, Texas, along with the appointments of Darrin St. Amant as regional sales manager, and Jon Lavallee as senior systems engineer. This

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MATHESON Acquires HyCO Business from Linde

March 15, 2019

MATHESON, a wholly owned subsidiary of TNSC Group, has completed its acquisition of the divested Linde HyCO business in the United States. The Linde HyCO business became available as a result of the global business combination of Linde and Praxair.

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Dept. of Interior to Launch New Round of Gulf of Mexico Lease Sale in August

March 14, 2019

The US Department of the Interior (DOI) said that its agency Bureau of Ocean Energy Management (BOEM) has proposed to hold an auction for 78 million acres of oil and gas lease in the Gulf of Mexico. Dubbed as Lease

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TPG Capital to Acquire Majority Stake in Goodnight Midstream for $930 Million

March 14, 2019

Global alternative asset firm TPG Capital has agreed to acquire a majority stake in Texas-based Goodnight Midstream for a sum of nearly $930 million from Tailwater Capital and private investors. Tailwater Capital and other existing shareholders of Goodnight Midstream, including

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Enagás to Acquire Stake in Tallgrass Energy for $590 Million

March 14, 2019

Spanish energy company Enagás has signed an agreement with affiliates of Blackstone Infrastructure Partners and Singapore’s GIC to acquire a 10.93 percent indirect stake in US midstream company Tallgrass Energy, for $590 million. Blackstone has just completed a transaction worth

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Enbridge Puts $1.5 Billion Valley Crossing Pipeline from Into Service, Texas

March 14, 2019

The Houston office of Canadian midstream giant Enbridge has started service on a $1.5 billion pipeline to move natural gas from the Agua Dulce hub near Corpus Christi to customers south of the border in Mexico. Enbridge filed a Thursday

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Milestone Environmental Services Receives Oilfied Landfill Permit for Reeves County, Texas

March 13, 2019

Milestone Environmental Services, an industry leader in oilfield waste disposal services, said the Railroad Commission of Texas (RRC) has approved the company’s first permit to operate an RCRA-exempt oilfield waste landfill in Orla, Texas. Development plans for the new 6

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Chevron to Acquire Petrobras’ Pasadena Refinery System for $350 Million

March 13, 2019

Chevron has signed a share purchase agreement with Petrobras America to acquire all the outstanding shares and equity interests of Pasadena Refining System, Inc., which includes the refinery in Texas, and PRSI Trading, LLC for $350 million, excluding working capital.

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