Tag: sale
Shell completes sale of asset package for $3.8 B
Shell, a global oil and gas company with locations throughout the Americas, has completed the sale of a package of UK North Sea assets to Chrysaor for a total of up to USD $3.
Petrobras approves sale of pipeline unit
Shareholders of Brazil's state-run oil company Petrobras have approved the sale of a 90 percent stake in pipeline unit Nova Transportadora do Sudeste (NTS) to a group led by Canada's Brookfield Asset Management.
Odebrecht in talks to sell Peru pipeline
Odebrecht SA, Latin America's largest engineering company, is in advanced talks to sell a 55 percent stake in a Peruvian gas pipeline project.
Pentair explores valves-and-controls sale
Pentair PLC, a global provider of water flow and energy solutions with its US corporate office in Minnesota and Brazilian main office in Sao Paulo, is exploring a sale of its valves-and-controls business.
Wolseley sells EPG business to Emco
Wolseley Industrial Canada recently announced the sale of its Engineered Pipe Group (EPG) to Emco Corp.
With the purchase, Emco acquires Wolseley Industrial’s high-density polyethylene (HDPE) pipe, fittings and flanges, and fabricated vessels business.
Cimarex announces sale of property
Cimarex Energy Co. has entered into an agreement to sell certain non-core long-lived oil and gas properties in Texas. The properties are to be sold for USD$294 million.
The sale is anticipated to close before the end of 2012.
BP selling Jonah gas operations in Wyoming
BP has agreed to sell its interests in the Jonah and Pinedale upstream operations in Wyoming to LINN Energy, LLC.