Search results for: sell

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  • 10 September 2012

    BP announced it has agreed to sell its interests in a number of oil and gas fields in the deepwater US Gulf of Mexico to Plains Exploration and Production Company for a total of $5.55 billion, as part of a previously-announced plan to divest the assets and position its Gulf portfolio for long-term growth. BP […]

  • 1 March 2013

    USG People, a specialized provider of employment services in Europe,  is selling USG Energy as part of its strategic revision aimed at focusing on market segments in which it can offer major added value and create sufficient scope. USG Energy is focused on providing personnel for drilling, production and engineering work, as well as providing medical […]

  • 13 November 2017

    Royal Dutch Shell has upsized its previously announced agreement to sell shares in Woodside Petroleum following strong demand from institutional investors. 

  • 13 November 2017
    Business & Finance

    Following a decision earlier on Monday to sell part of its stake in Woodside, oil major Shell has now decided to sell even more of its interest in the Australian firm. 

  • 10 September 2015

    Energy World Corporation responded to media reports claiming the company intends to sell the LNG-powered 650 MW combined cycle power plant in Pagbilao, Philippines.

  • 18 June 2014

    Woodside of Australia confirmed that it has been advised by Shell Australia that the company has sold 78.3 million shares (representing 9.5% of issued share capital) via an underwritten institutional sell-down at a price of A$41.35 per share. Shell’s holding in Woodside is now 13.6% of Woodside’s issued capital. In conjunction with this sell-down Woodside […]

  • 17 March 2014

    Wintershall, Germany’s largest internationally active crude oil and natural gas producer, is planning to divest its shareholding in the Eastern German company Verbundnetz Gas AG (VNG) as part of its strategy to concentrate on the upstream sector. An agreement, which was reached on March 14, 2014, will see EWE Aktiengesellschaft take over Wintershall’s 15.79 percent […]

  • 3 July 2014

    Total said that it has entered into exclusive negotiations with UGI corporation to sell all the outstanding shares of Totalgaz. “Within the specific context of the European LPG distribution market, Totalgaz will be able to pursue its industrial and commercial development backed by a leading industrial company. UGI has a long-term strategic vision, with a […]

  • 25 February 2014

    Petronas of Malaysia has reportedly agreed to sell a 25% stake in Progress Energy of Canada to an Indian company and an Asian LNG buyer, Petronas’ president and chief executive Shamsul Azhar Abbas said on Tuesday. “I am pleased to announce that we have just finalised a further 25 percent equity participation from an Indian party and […]

  • 19 December 2012

    Nexus Energy said it has provided to Shell Development (Australia) an Option Notice that will result in the disposal of 2% of Nexus’ 17% participating interest in the Crux   AC/L9 development project  in the East Browse Basin, off the coast of North West Australia for $75 million.  The put option was agreed at the time […]

  • 9 September 2010

    Global oil company Royal Dutch Shell unveiled plans on Wednesday to sell its stake in four Brazilian offshore blocks, including a field in the vast deepwater subsalt region. The company said it would sell its stakes in the BS-4, BM-S-8, BM-S-45 and BM-ES-28 blocks. The projects also include investment by Brazil’s state oil company Petrobras, […]

  • 2 May 2014

    WestSide said that a contract to sell the company’s Schramm drilling rig has settled following receipt of a total consideration of $3.5 million. WestSide disclosed in its December half year accounts that the company had entered into a contract on 23 January 2014 to sell the drilling rig and associated assets. WestSide’s Managing Director Mike […]

  • 13 November 2013
    Business & Finance

    Brazil’s state-controlled oil company Petrobras announces that today it has signed sale of its 100% shareholding in the wholly owned subsidiary Petrobras Energia Peru (PEP) to China National Petroleum Corporation – CNPC for $2.6 billion.    The assets included in the transaction are: 100% stake in Block X, a mature field that has been in […]

  • 27 June 2014

    Singapore’s Otto Marine has decided to sell three of its Anchor Handling Tug and Supply Vessels to GO Marine Group. The three 6,000 bhp vessels Go Avior, Go Hawk and Go Harrier will be sold to Go Marine group for $37 million. Otto said that the purchase price was determined on an arm’s length willing buyer, willing […]

  • 27 November 2013
    Equipment

    Aker Solutions agreed to sell its German Aker Wirth tunnel-boring and shaft-boring technology to China Railway Tunneling Equipment Co. Ltd (CRTE), as part of a plan to divest assets that don’t fit with its main offshore-services strategy. CRTE will acquire technological intellectual property rights. It will also gain the right to use the Wirth brand […]

  • 17 June 2014
    Business & Finance

    Royal Dutch Shell plc today announced the sale of a total of approximately 156.5 million shares in Woodside Petroleum Limited (“Woodside”) representing a total estimated value to Shell of around US$5.0 billion on an after tax basis. The sale, which represents 19.0% of Woodside’s issued share capital, is through an underwritten sell-down to equity market […]

  • 24 June 2014

    Eni of Italy has completed the disposal through daily sales on the stock exchange of approximately 1% of the share capital of Galp Energia, corresponding to the residual stake subject to the right of first refusal of Amorim Energia (AEBV) under the agreement previously disclosed to the market, which has not been exercised by AEBV. […]

  • 5 August 2013
    Business & Finance

    With economic effect from 30 June 2013, RWE is selling its 50 per cent share in the US liquefied natural gas company Excelerate Energy. Buyer is the current co-owner, George B. Kaiser. The transaction remains subject to approval by the RWE AG Supervisory Board. “Excelerate Energy has developed to become a very successful global provider […]

  • 5 June 2014

    Norwegian Offshore ship supplier Siem Offshore is selling its platform supply vessel “Siem Sailor”

  • 30 July 2013

    Petronet LNG of India, the country’s largest importer of liquefied natural gas, is in negotiations to sell up to 18 percent stake in the company’s Gangavaram terminal project to a strategic partner. “We are looking at largely a producer or supplier of gas. Several well-known companies have got in touch and would like to have […]

  • 14 March 2013

    DOF Subsea Group has entered into an agreement where the 1978 built vessel Geobay is sold to a Middle East buyer. DOF said that the selling price is slightly above book value of the vessel. The sale is expected to be completed after the ongoing project utilizing the vessel is finalized in May 2013.   [mappress] Press Release, March 14, […]

  • 11 June 2012

    Singapore’s Greatship Global Offshore Services Pte. Ltd.  has contracted to sell its 2010 built Multipurpose Platform Supply and Support Vessel “Greatship Mamta”. The vessel is expected to be delivered to the buyers in Q2FY13. The company which is a subsidiary of Greatship (India) Limited (GIL) took delivery of the vessel in 2010 from Keppel Singmarine. […]