Tag: sell
Baker Hughes to Sell SPC Flow Assets to Pelican
American energy services firm Baker Hughes has signed an agreement to sell the assets of its surface pressure control flow (SPC Flow) business unit to private equity fund Pelican Energy.
Caltrol to sell and service former Pentair valves
Nevada-based industrial process automation company Caltrol has been selected as the new provider for former Pentair Valves & Controls products and support in California, Arizona, Nevada, and Hawaii following the acquisition of Pentair’s Valves & Controls business unit by Emerson.
KRG to sell valve component provider PAS
KRG Capital Partners, a Denver-based buyout firm, has entered into a merger agreement to sell PAS International Holdings, Inc.
Flowserve to sell its Gestra AG business
Flowserve Corporation, a leading provider of flow control products and services for the global infrastructure markets, which is headquarters in Texas, has announced it has entered into a conditional sale and purchase agreement to sell its Gestra AG business unit to Spirax-Sarco Engineering plc, a leading provider of steam system solutions.
Pemex sells crude to US for first time since 2008
Mexico's Pemex has begun selling heavy Maya crude for the first time since 2008 to US West Coast refiners. Pemex will also market more light Isthmus crude this year to the US West Coast, most, if not all destined for California.
US to sell 8 M bbls of crude oil reserves
The US Department of Energy (DOE) recently issued a Notice of Sale for crude from its Strategic Petroleum Reserves, with bids for 8 million barrels of light, sweet oil due by January 17th.
Shell sells $1.3 B of Canadian oil & gas assets
Royal Dutch Shell Plc recently announced it is selling USD $1.3 billion worth of non-core oil and gas properties in western Canada.
Exxon looking to sell Montana refinery
Oil and gas giant, Exxon Mobil, is seeking a potential buyer for its refinery located in Billings, Montana, one of only two XOM refineries in the US that is not integrated with its chemical operations.
Shell sells Gulf of Mexico assets for $425 M
Royal Dutch Shell, through its affiliate Shell Offshore Inc., has reached an agreement to sell 100 per cent of its interest in the Gulf of Mexico Green Canyon Blocks 114, 158, 202 and 248, referred to as the Brutus/Glider assets, to EnVen Energy Corp.
Kinder Morgan sells half its stake in Ohio pipeline
Kinder Morgan Inc. said it has agreed to sell half its stake in an Ohio pipeline project to private equity firm Riverstone Investment Group LLC.