M&A Deal Summary |
|
---|---|
Date | 2021-09-07 |
Target | Moda Ingleside Energy Center |
Sector | Energy Services and Equipment |
Buyer(s) | Enbridge |
Sellers(s) | Moda Midstream |
Deal Type | Divestiture |
Deal Value | 3.0B USD |
Advisor(s) | Shearman & Sterling (Legal) |
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Category | Company |
---|---|
Founded | 1949 |
Sector | Energy Services and Equipment |
Employees | 11,500 |
Revenue | 43.6B CAD (2023) |
Enbridge operates a US and Canadian crude oil and liquid transportation network. Enbridge was incorporated in 1949 and is based in Calgary, Canada.
DEAL STATS | # |
---|---|
Overall | 10 of 14 |
Sector (Energy Services and Equipment) | 6 of 7 |
Type (Divestiture) | 4 of 6 |
State (Texas) | 4 of 6 |
Country (United States) | 6 of 10 |
Year (2021) | 1 of 1 |
Size (of disclosed) | 2 of 6 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2020-05-12 |
Éolien Maritime France SAS
Paris, France Éolien Maritime France SAS is a French offshore wind development company with three large-scale offshore wind farms off the coast of France that would produce a combined 1,428 megawatts (MW) of power. |
Sell | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2022-05-03 |
Smartpipe Technologies
Houston, Texas, United States Smartpipe Technologies is a technology company delivering the largest diameter, patented, state-of-the-art non-metallic pipeline systems for the energy industry. Smartpipe's embedded real-time fiber-optic monitoring and multi-sensor inline inspection systems. Smartpipe Technologies is based in Houston, Texas. |
Buy | - |
Category | Company |
---|---|
Founded | 2015 |
Sector | Energy Services and Equipment |
Moda Midstream is a logistics company that provides independent terminal, storage and distribution solutions to refiners, petrochemical manufacturers, marketers and producers of crude oil, condensate, NGLs, refined products and other bulk liquids. Moda Midstream was founded in 2015 and is based in Houston, Texas.
DEAL STATS | # |
---|---|
Overall | 1 of 1 |
Sector (Energy Services and Equipment) | 1 of 1 |
Type (Divestiture) | 1 of 1 |
State (Texas) | 1 of 1 |
Country (United States) | 1 of 1 |
Year (2021) | 1 of 1 |
Size (of disclosed) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2018-08-08 |
Occidental Petroleum - Oxy Ingleside Energy Center
Ingleside, Texas, United States Occidental Petroleum Corp. - Oxy Ingleside Energy Center is a storage and export terminalthat provides access to global markets for crudeoil and LPG producers and marketers. IEC has approximately 2.1 million barrels of oil storage capacity and three deep-water berths for crude oil. |
Buy | - |