mergers and acquisitions
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Union of rival contract drillers will create one of the largest offshore rig companies.
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Already the largest producer in the gas-rich play, Southwestern has bolstered its status with the acquisition of the third-largest producer.
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For Pioneer, the deal marks its return as a pure-play operator in the Midland Basin side of the Permian region. For, Continental, it represents the first steps into the most productive shale play in the US.
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The pressure pumping business has been looking up this year, but the price paid to buy a big player in that business, FTS International, suggests growth may not last.
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Alternative investment firm acquires LNG transportation specialist for $1.5 billion.
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Shell is getting out of the Permian by selling out to ConocoPhillips, which has added to its bets in the west Texas play for the second year in a row.
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Canadian midstream giant adds key US oil export capacity via private-equity exit.
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The megadeal will make Woodside a Top 10 independent global oil and gas producer with annual volumes of approximately 200 million BOE.
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Just as US natural gas prices reach multiyear highs, Chesapeake Energy moves to become this region's largest producer.
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The combined company will have a strengthened position in the Permian Basin, and plans to operate 17 hydraulic fracturing fleets in the region.