M&A Deal Summary |
|
|---|---|
| Date | 2015-06-18 |
| Target | Chalmette Refining |
| Sector | Energy Services and Equipment |
| Buyer(s) | PBF Energy |
| Sellers(s) |
ExxonMobil
Petróleos de Venezuela SA |
| Deal Type | Divestiture |
| Deal Value | 322M USD |
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| Category | Company |
|---|---|
| Founded | 2008 |
| Sector | Oil/Gas Exploration |
| Revenue | 19.8B USD (2014) |
PBF Energy, Inc. is an independent refiner in North America, operating, through its subsidiaries, oil refineries and related facilities in Delaware City, Delaware, Paulsboro, New Jersey and Toledo, Ohio.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 3 |
| Sector (Energy Services and Equipment) | 1 of 1 |
| Type (Divestiture) | 1 of 2 |
| State (Louisiana) | 1 of 1 |
| Country (United States) | 1 of 3 |
| Year (2015) | 1 of 1 |
| Size (of disclosed) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-08-11 |
Torrance Valley Pipeline Co
Parsippany, New Jersey, United States Torrance Valley Pipeline Co LLC is an owns a 189-mile San Joaquin Valley Pipeline system with a throughput capacity of approximately 110,000 barrels per day. The system is comprised of the M55, M1 and M70 pipelines which are the primary crude gathering and transportation lines that supply PBF Energy's Torrance refinery. The assets also include 11 pipeline stations with approximately one million barrels of combined storage capacity and truck unloading capability at two of the stations. |
Sell | - |
| Category | Company |
|---|---|
| Founded | 1870 |
| Sector | Oil/Gas Exploration |
| Employees | 62,000 |
| Revenue | 334.7B USD (2023) |
ExxonMobil is a global oil and gas exploration company. ExxonMobil's principal business is energy, involving exploration for, and production of, crude oil and natural gas, manufacture of petroleum products and transportation and sale of crude oil, natural gas and petroleum products. ExxonMobil is a major manufacturer and marketer of commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics and a wide variety of specialty products. Exxon was incorporated in 1870 and is based in Spring, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 7 |
| Sector (Energy Services and Equipment) | 1 of 1 |
| Type (Divestiture) | 3 of 5 |
| State (Louisiana) | 1 of 1 |
| Country (United States) | 2 of 4 |
| Year (2015) | 1 of 1 |
| Size (of disclosed) | 3 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-05-12 |
Hong Kong Pumped Storage Development
Hong Kong, China Hong Kong Pumped Storage Development Co.,Ltd. offers pumped storage services to CLP Power Hong Kong Limited in mainland China. |
Sell | HK$2.0B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-07-21 |
InterOil
Singapore, Singapore InterOil Corporation is an independent oil and gas business with a sole focus on Papua New Guinea. InterOil’s assets include one of Asia’s largest undeveloped gas fields, Elk-Antelope, in the Gulf Province, and exploration licenses covering about 16,000 square kilometers. Its main offices are in Singapore and Port Moresby. |
Buy | $2.5B |
| Category | Company |
|---|---|
| Founded | 1975 |
| Sector | Oil/Gas Exploration |
Petróleos de Venezuela SA is a provider of oil and gas exploration services.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Energy Services and Equipment) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Louisiana) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2015) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
