One-Page Deal Sheet
QIA Acquires Stake in Oryx Midstream from Stonepeak in $550MM Deal
Qatar Investment Authority Oryx Midstream Services Llc, Stonepeak Infrastructure Partners
Announced Date
August 07,2019
Transaction Type
JV
Transaction Details: Require Private Equity Subscription
An affiliate of Qatar Investment Authority (QIA) has signed a deal to acquire a significant stake in Oryx Midstream Services from an affiliate of Stonepeak Infrastructure Partners for $550 million.
Oryx was founded in 2013 and focuses its operations on the Permian Basin in the Southwest US. Upon completion of the remaining part of the system under construction, Oryx's total transportation capacity will exceed 900,000 barrels per day.
The CEO of QIA, Mansoor Al-Mahmoud, commented: "We believe that Oryx represents a strong midstream platform with tremendous growth potential, and we look…
Permian Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| May-25-2022 |
-  |
- |
Click here | Texas | Midstream |
| May-16-2022 |
- |
- |
Click here | Texas | Midstream |
| Feb-04-2022 |
- |
- |
Click here | Texas | Midstream |
| Oct-26-2021 |
- |
- |
Click here | North Dakota | Midstream |
| Oct-21-2021 |
- |
- |
Click here | Texas | Midstream |