Chevron and Noble Midstream Partners LP complete merger transaction
Published by Callum O'Reilly,
Senior Editor
Hydrocarbon Engineering,
Chevron Corp. and Noble Midstream Partners LP have announced that the companies have completed the previously announced acquisition, which resulted in Noble Midstream becoming an indirect, wholly-owned subsidiary of Chevron.
Noble Midstream’s common units will no longer be listed on the Nasdaq Global Select Market, and it will cease to be a publicly traded company.
“We are pleased to fully integrate Noble Midstream’s people, operations, and unitholders into Chevron,” said Colin Parfitt, Vice President of Chevron Midstream. “By combining our businesses, the acquisition streamlines governance and strengthens our leading positions in the DJ and Permian basins.”
Read the article online at: https://www.hydrocarbonengineering.com/refining/12052021/chevron-and-noble-midstream-partners-lp-complete-merger-transaction/
You might also like
Hydrocarbon Engineering Podcast
In this episode, Alan Gelder, Senior Vice President of Refining, Chemicals and Oil Markets at Wood Mackenzie, provides a review of downstream markets in 2024 and looks ahead to what 2025 may hold for the sector.
Tepsa Netherlands completes latest expansion
Tepsa Netherlands is set to complete its latest expansion, adding nine new storage tanks and increasing its capacity by 28 000 m3.