Pelican Acquisition Corporation to Merge with Greenland Exploration Limited and March GL to Form Greenland Energy Company

Pelican Energy Partners to Acquire GSE Solutions in All-Cash Deal

August 8, 2024

IT Services

GSE Solutions (GSE Systems, Inc.) entered into a definitive all-cash merger agreement to be acquired by Pelican Energy Partners. Under the deal, Pelican will acquire all outstanding shares of GSE for an estimated $4.10 per share (later amended to $4.60 per share), with the transaction initially expected to close in Q3 or Q4 2024. The merger was subsequently closed on November 1, 2024, following approval by GSE shareholders.

EIG’s MidOcean Energy to Acquire Additional Gorgon LNG Interest From JERA

March 11, 2026

Energy

MidOcean Energy, formed and managed by EIG, entered into definitive agreements to acquire JERA Gorgon Pty Ltd, which holds JERA’s 0.417% interest in the Gorgon LNG project, increasing MidOcean’s stake to 1.417%. The deal also includes JERA’s 0.735% interest in the Ichthys LNG project, which is expected to be transferred to an existing Ichthys joint venture participant after sale to MidOcean, subject to conditions precedent.

PDC Energy Acquires Great Western Petroleum, LLC

May 6, 2022

Energy

PDC Energy, Inc. completed the acquisition of privately held Great Western Petroleum, LLC, a Denver-based oil and gas producer. The deal included $543 million in cash consideration (less $50 million previously escrowed), approximately 4 million shares of PDC common stock, and PDC paid off Great Western’s secured credit facility and senior secured notes; PDC said the acquisition is accretive to its operating, ESG and financial metrics.

Enbridge Acquires Tri Global Energy

September 29, 2022

Renewable Energy

Enbridge Inc. acquired U.S. renewable project developer Tri Global Energy for US$270 million in cash plus assumed debt, with up to ~US$50 million in contingent payments. The purchase brings TGE’s ~7 GW wind and solar development portfolio and its development team into Enbridge’s renewables platform to accelerate North American growth in wind and solar.

Chart Industries Acquires BlueInGreen, LLC

November 3, 2020

Environmental Services

Chart Industries (NASDAQ: GTLS) completed the acquisition of BlueInGreen, LLC, a water cleantech company specializing in dissolved-gas solutions for water treatment, for $20 million in cash plus a potential earn-out. The purchase expands Chart’s water-treatment and service capabilities by combining Chart’s cryogenic and gas delivery equipment with BlueInGreen’s gas-dissolution technology and TaaS/service offerings to serve municipal and industrial end markets.

Maersk Drilling and Noble Corporation Agree to 50/50 Combination

November 10, 2021

Oil & Gas

The Drilling Company of 1972 A/S (Maersk Drilling) and Noble Corporation have entered into a definitive agreement to combine in a 50/50, primarily all‑stock transaction. The combined company will be named Noble Corporation, listed on the New York Stock Exchange and Nasdaq Copenhagen, and is expected to create a stronger customer proposition, deliver cost synergies and a modernized fleet.