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National Gas Company acquires 20% of Manakin

PRIVATEAug 16, 2026about 10 hours ago

Acquiring Company

National Gas Company

Acquired Company

Manakin

Trinidad And TobagoDallasEnergyOil And GasOther Investment Fund

Description

The National Gas Company has acquired a 20 percent participating interest in the Manakin gas field located in Block 5(b). This acquisition is described as historic and ground-breaking. While the details regarding the payment remain undisclosed, it aligns with the company’s strategy to enhance national participation in the energy sector.

Company Information

Company

National Gas Company

Location

Trinidad And Tobago

About

The National Gas Company of Trinidad and Tobago Limited is responsible for the distribution and transportation of natural gas in Trinidad and Tobago. It plays a vital role in the energy sector of the country. NGC aims to ensure sustainable energy development while driving economic growth.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Manakin?

Manakin was acquired by National Gas Company, based in Trinidad And Tobago. The deal was reported on August 16, 2026. The National Gas Company of Trinidad and Tobago Limited is responsible for the distribution and transportation of natural gas in Trinidad and Tobago. It plays a vital role in the energy sector of the country. National Gas Company is privately held and operates in Energy.

When did National Gas Company acquire Manakin?

National Gas Company's acquisition of Manakin was reported on August 16, 2026. The National Gas Company has acquired a 20 percent participating interest in the Manakin gas field located in Block 5(b). This acquisition is described as historic and ground-breaking. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Manakin do?

Manakin is the company acquired in this transaction. It is privately held, operating in Other Investment Fund, and is based in Dallas.

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