ONEOK in $18.8Bln deal with Magellan to combine oil and gas hub assets in US Gulf Coast and Mid-Continent
Monday, 15 May 2023
US energy infrastructure company ONEOK Inc. has signed a definitive merger agreement with Magellan Midstream Partners in a cash-and-stock transaction valued at around $18.8 billion to combine the two Oklahoma-based energy groups.
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Tagged under
- ONEOK Inc
- US merger with Magellan
- US M&A
- US energy M&A
- US Gulf Coast merger
- US permian merger
- US gas
- US oil
- US NGL
- US oiled and gas assets
- Tulsa energy giants merge
- Magellan Midstream Partners
- shale
- Shale oil
- shale gas
- Shale infrastructure
- Waha Hub
- Permian Basin oil and gas
- Gulf Coast LNG
- Gulf Coast feed gas
- LNG feed gas
- Woodford Shale
- Texas Panhandle oil and gas
- US gas exports to Mexico
