Mergers & Acquisitions

Total takes over Toshiba’s LNG Portfolio

Total Holdings SAS is now a Freeport LNG customer. Specifically, Total recently took control of Toshiba Corporation’s complete liquified natural gas (LNG)...

Arctic LNG 2 has Sufficient Participation Interests

The China National Petroleum Corporation, Mitsui & Co, and Japan Oil, Gas and Metals National Corporation are the participation interests in Arctic...

CNPC Purchases Stake in Arctic LNG 2

China Natural Petroleum Corporation purchased a 10% stake in the Arctic LNG 2 project through a Share Purchase Agreement signed with PAO...

CNOOC Purchases Stake In Arctic LNG 2

China National Offshore Oil Corporation and CEPR, a subsidiary of CNOOC, purchased a 10% stake in the Artic LNG 2 project through...

CNOOC and JSC NOVATEK sign Agreement for Arctic LNG 2

CNOOC Limited signed a Heads of Agreement (HoA) with the Russian gas producer JSC NOVATEK to acquire 10% interest in the Arctic...

NextDecade expects $21 Million from Series B Sale

NextDecade is expected to receive about $21 million from the sale of Series B Convertible Preferred Stock. This transaction marks the sale of their...

Santos Acquires portion of P’nyang

Santos signals their plan for expansion by signing a binding letter of intent (LOI) to acquire a 14.3% interest in Petroleum Retention...

Total enters into $500M HoA for Driftwood LNG

Total has signed a Heads of Agreement (HoA) with Tellurian for Total to enter a $500 million equity investment in the Driftwood...

JERA Global Markets (JERAGM) Merger Complete

JERA Co. Inc and EDF Trading Limited have completed the merger of their liquified natural gas (LNG) trading and optimization processes. The result of...

Uniper sells interest in OLT to First State Investments

Uniper has decided to divest its 48.2% stake in OLT Offshore LNG. The company held this interest as a financial investment and...

Pao Novatek Sells 10% Stake in Arctic LNG 2 Project

Pao Novatek now holds a 90% interest in the Arctic LNG 2 project after agreeing to sell a 10% stake to Total...

Total joins Novatek for Arctic LNG 2 Project

After reaching a definitive agreement, Total has acquired a 10% direct interest in Arctic LNG 2. Total already had a 19.4% interest...

Petronet to Grow Imports with Tellurian’s Driftwood Project

Petronet LNG Limited INDIA (PLL) signed a memorandum of understanding (MOU) regarding interest in investing in Tellurian Inc’s Driftwood project. The project is expected...

Bechtel Makes $50 Million Investment in Tellurian

Tellurian Inc. announced that Bechtel Oil, Gas and Chemicals, Inc. made a $50 million preferred equity investment in their company.