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APA to acquire Savant Alaska in $70m deal
Key takeaways
- The transaction is expected to close by the end of 2026, subject to regulatory approval and customary conditions.
- The deal includes ownership of the Badami facility, which has a production capacity of approximately 40,000 barrels of oil per day (bopd), as well as supporting field infrastructure.
- APA will also acquire the Nutaaq Pipeline, which can transport around 80,000bopd and links Badami to the Trans-Alaska Pipeline System.
APA to acquire Savant Alaska in $70m deal APA will also acquire the Nutaaq Pipeline · Offshore Technology Salong Debbarma Thu, June 11, 2026 at 9:50 PM GMT+7 2 min read US-based independent energy company APA has signed an agreement to acquire Savant Alaska for an upfront payment of around $70m, with additional contingent payments linked to the future development of APA’s assets on Alaska’s eastern North Slope.
The transaction is expected to close by the end of 2026, subject to regulatory approval and customary conditions.
The deal includes ownership of the Badami facility, which has a production capacity of approximately 40,000 barrels of oil per day (bopd), as well as supporting field infrastructure.
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