Advantage Midstream LLC has reached an agreement with funds managed by Castlelake LP to serve as its primary equity sponsor. In addition, the company has partnered with technology provider Greyrock Energy Inc. and its affiliates.
Black Bay Energy Capital has completed a recapitalization of, and growth equity investment in, SCS Technologies LLC alongside the SCS management team.
Key Energy Services Inc. has closed on the sale of its well intervention business in Russia to an undisclosed buyer for an undisclosed amount.
Twin Eagle Sand Logistics LLC, a subsidiary of Twin Eagle Resource Management LLC, has acquired a frac sand terminaling asset near Bridgeport, West Virginia from Process Transloading Bridgeport.
Lee Eckert has joined Flowserve Corp. to serve as senior vice president and CFO, effective October 9, 2017.
Phillips 66 Partners LP has reached an agreement with Phillips 66 to acquire its 25% interest in each of Dakota Access LLC and Energy Transfer Crude Oil Company LLC and 100% interest in Merey Sweeny LP.
Upon closing of an agreement to sell remaining non-operated assets in the Williston Basin, HalcÃ³n Resources will have completed its transition into a pure play Delaware Basin-focused company.