Anderson Anderson & Brown LLP (AAB), one of the leading independent firms of chartered accountants and business advisors in the UK, is delighted to announce the successful completion of a record 70 transactions during 2019, with a combined total deal value exceeding £500 million.
Blackstone Group Inc. and Apollo Global Management Inc. are interested in bidding for a majority stake in Western Midstream Partners LP being sold by Occidental Petroleum Corp., according to people familiar with the matter.
Apollo Global Management LLC and First Reserve are among the private equity firms interested in the power and energy business being sold by SPX Flow Inc., according to people with knowledge of the matter.
By Kirstie Langan, Business Development Executive at Apollo
We’ve all heard it a thousand times, ‘our people are our biggest asset’. I don’t buy it. I appreciate I’m perhaps failing to acknowledge the spirit of this statement, but to explain further – I don’t buy the idea that just having ‘good people’ (whatever that means) is enough to drive success. Let’s also have a think about that notion of ‘good people’ – do we mean competent people, entertaining people, nice people, generous people, motivated people or just people who have previously worked for a business that competes with our own…?
By Ryan Menzies, managing director, Apollo - Oil and Gas
Apollo has emerged from the downturn bigger, stronger and more capable than ever. With 2017 being our best year ever, it is good to reflect on how this has been achieved.
Oil and gas service provider, Apollo, has stuck a deal with the Oil and Gas Technology Centre to introduce a data management system which will aid North Sea operators.
As operators and duty holders battle to reduce production costs in a mature basin with aging assets, increased focus must be placed on the cost effective safety and integrity management of these declining production profile assets . A challenge indeed!
As the North Sea industry grapples with its cost base, has it done enough to ensure its place at the table to attract investment in order to realise the enormous potential left in the basin?
Caza Oil & Gas has secured a further extension on its financing arrangement with Apollo Investment Corporation.
The company entered into a Note Purchase Agreement two years ago when Apollo agreed to purchase up to $50million of it senior secured notes.
In September it was revealed the balance of the Note Purchase Agreement remained at $45million and although expected to comply with certain financial requirements, Caza was found to not be in full compliance.