mergers and acquisitions
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The deal marries Baker’s core competencies in rotating equipment, flow control and digital technology with Chart’s heat transfer, air- and gas- handling, and process technologies expertise. -
The latest merger and acquisition report from Enverus Intelligence Research shows deal value fell 21% quarter over quarter.
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Chevron now holds a 30% stake in a prolific offshore Guyana development, where oil production is expected to ramp up over the next few years.
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The traditionally Oklahoma-centric producer adds new acreage in west Texas and New Mexico through a pair of purchases.
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The supermajor follows other oil companies including ExxonMobil, Equinor, and Occidental Petroleum in the hunt to bolster US supplies of lithium.
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The tentative offer has received unanimous support from the board of Australia’s second-largest oil and gas producer.
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Viper Energy is acquiring Sitio Royalties Corp. and its more than 25,000 net acres of royalty interests across major US shale plays.
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The second-largest gas producer in the US is aiming to pump an average of 6.3 Bcfe/D this year.
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The $206 million deal for the fields offshore Trinidad and Tobago is expected to close in the third quarter of 2025.
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The company said that adding Altair technology to its Xcelerator open digital business platform will create the world’s most complete AI-powered portfolio of industrial software.
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