M&A Deal Summary

GasLog Partners Acquires GasLog Seattle

On October 27, 2016, GasLog Partners acquired oil/gas exploration company GasLog Seattle from GasLog for 189M USD

Acquisition Highlights
  • This is GasLog Partners’ 1st transaction in the Oil/Gas Exploration sector.
  • This is GasLog Partners’ largest (disclosed) transaction.
  • This is GasLog Partners’ 1st transaction in the United States.

M&A Deal Summary

Date 2016-10-27
Target GasLog Seattle
Sector Oil/Gas Exploration
Buyer(s) GasLog Partners
Sellers(s) GasLog
Deal Type Divestiture
Deal Value 189M USD

Target

GasLog Seattle

United States
GasLog Seattle is a 155,000 cubic meter tri-fuel diesel electric liquefied natural gas ("LNG") carrier built in 2013 and operated by GasLog since delivery.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

GasLog Partners

Piraeus, Greece

Category Company
Founded 2014
Sector Energy Services and Equipment
Revenue 398M USD (2023)
DESCRIPTION

GasLog Partners is a growth-oriented master limited partnership focused on owning, operating and acquiring LNG carriers under multi-year charters. GasLog Partners was founded in 2014 and is based in Piraeus, Greece.


DEAL STATS #
Overall 1 of 1
Sector (Oil/Gas Exploration) 1 of 1
Type (Divestiture) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

GasLog

Piraeus, Greece

Category Company
Founded 2003
Sector Energy Services and Equipment
Employees150
Revenue 810M USD (2021)
DESCRIPTION

GasLog is an international owner, operator and manager of LNG carriers providing support to international energy companies as part of their LNG logistics chain. GasLog's consolidated fleet consists of 27 LNG carriers (21 ships on the water and 6 on order). GasLog was founded in 2003 and is based in Piraeus, Greece.


DEAL STATS #
Overall 1 of 1
Sector (Oil/Gas Exploration) 1 of 1
Type (Divestiture) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1
Size (of disclosed) 1 of 1