M&A Deal Summary |
|
|---|---|
| Date | 2019-07-10 |
| Target | Total S.A. - UK non-core Assets |
| Sector | Oil/Gas Exploration |
| Buyer(s) | Petrogas E&P |
| Sellers(s) | TotalEnergies |
| Deal Type | Divestiture |
| Deal Value | 635M USD |
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Petrogas E&P LLC is the holding company for MB Group’s Exploration and Production (E&P) assets in Oman, Egypt and The Netherlands. Petrogas E&P subsidiaries are engaged in the full range of Oil & Gas activities from exploration through appraisal, development, and production. Petrogas E&P LLC was founded in 1999 and is based in Muscat, Oman.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Oil/Gas Exploration) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| Country (United Kingdom) | 1 of 1 |
| Year (2019) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 1924 |
| Sector | Oil/Gas Exploration |
| Employees | 102,579 |
| Revenue | 218.9B USD (2023) |
TotalEnergies is a global integrated energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables, and electricity. TotalEnergies was founded in 1924 and is based in Courbevoie, France.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 11 |
| Sector (Oil/Gas Exploration) | 3 of 3 |
| Type (Divestiture) | 7 of 9 |
| Country (United Kingdom) | 1 of 1 |
| Year (2019) | 1 of 2 |
| Size (of disclosed) | 3 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-06-01 |
Toshiba America LNG
Houston, Texas, United States Toshiba America LNG Corp. exists to satisfy social needs of sustainability and energy demand by supplying LNG to customers and is responsible for coordinating and assembling the necessary infrastructure chain to produce U.S. LNG which can then be marketed by the broader Toshiba group to key focus geographies such as Latin America and the Caribbean. |
Buy | $15M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-08-05 |
Société des Transports Pétroliers par Pipelines
Paris, France Société des Transports Pétroliers par Pipelines (Trapil) build and operate a pipeline and auxiliary installations to transport refined petroleum products between the Basse-Seine and Paris regions. Trapil is Europe’s oldest, largest civilian pipeline network, comprising 1,375 kilometers of pipe, 28 pumping stations, and 27 delivery terminals. |
Sell | €260M |
