Sales News

 

Blackstone Considers $5B Sale of Beacon Offshore Energy

Jan 20, 2026

Blackstone is in talks to sell its Beacon Offshore Energy, which operates oil and gas assets in the U.S. Gulf of Mexico for more than $5 billion, Bloomberg News reported on Tuesday, citing people familiar with the matter.The asset manager has begun early talks with investment banks about a possible listing of the company as soon as the first quarter, the report said.The Houston-based company is likely to draw interest from major Gulf of Mexico producers…

Orsted Sells 50% Stake in UK Wind Farm for $6b

Nov 03, 2025

Denmark's Orsted said on Monday it agreed to sell a 50% stake in Britain's Hornsea 3 offshore wind farm for 39 billion Danish crowns ($6.09 billion), widely regarded as a crucial move to prevent a crippling credit rating downgrade.Orsted, the world's largest offshore wind developer…

LLOG Exploration Explores Possible Sale Valued at $3b

Oct 31, 2025

LLOG Exploration Offshore is exploring a potential sale, which may value one of the largest privately held oil and gas producers in the U.S. Gulf at more than $3 billion including debt, people familiar with the matter said.The Covington, Louisiana…

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