EWE plans to divest a minority interest in the company for €1.6bn ($1.8bn).

Based in Germany, EWE is a natural gas storage and distribution company. It has a number of storage facilities in Huntorf, Wesermarsch, Nuttermoor, East Frisia, and Rudersdorf near Berlin.

The company is also developing storage facilities in Jemgum, East Frisia.

A group consisting of Macquarie Group and Allianz SE, Canadian pension fund Ontario Municipal Employees Retirement System, Australian infrastructure fund IFM, and Dutch pension fund PGGM Cooperatie U.A. is expected to bid for the stake.

The acquisition is expected to be closed in the second half of this year.

Goldman Sachs & Co has been appointed as financial adviser for the transaction.

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“The acquisition is part of TAMS’ growth strategy and will enable the company to enter the West Australian marine services market and strengthen its capabilities.”

TAMS has acquired MIPEC and Taylored Offshore Services.

Both the acquired companies are Australian marine service providers to the mining and oil and gas industries.

The acquisition is part of TAMS’ growth strategy and will enable the company to enter the West Australian marine services market and strengthen its capabilities.

Wolf Coulee Resources plans to divest either its shares or some of its assets.

Based in Canada, Wolf Coulee is an oil and gas company with operations focussed on the Retlaw Focus Area, as well as the Retlaw at Badger, Hector, and Little Bow areas of Alberta.

The company also owns working interests in the Lloydminster, Bow Island, Mikwan, Bindloss, Gilby, and Stettler areas of Alberta. The production capacity of the company at the end of December was 640 barrels of oil equivalent.

Sayer Energy Advisors has been appointed to handle the transaction, which is expected to be closed in April.

Husky Energy failed to secure approval from its shareholders for the C$6.4bn ($4.95bn) acquisition of MEG Energy.

Husky now plans to focus on the development of its organic growth projects.

Both the companies involved in the transaction are oil and gas companies based in Canada.