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Posted: about 1 year ago

Faroe tells shareholders to ignore takeover bid: “DNO wants it on the cheap.”

Oil company Faroe Petroleum has again urged shareholders to ignore the unsolicited takeover offer by...

Categories:
  • Business & Finance
Posted: about 1 year ago
Posted: about 1 year ago

Point Resources, Eni Norge merge into Vår Energi. Create Norway’s ‘largest independent E&P company’

Oil companies Point Resources and Eni Norge have completed the merger, and have as a result establis...

Categories:
  • Business & Finance
Posted: about 1 year ago
Posted: about 1 year ago

AGR, First Geo to merge into Akastor-owned company

Norwegian offshore oil and gas consultancy and services companies First Geo (owned by Akastor), and ...

Categories:
  • Business & Finance
Posted: about 1 year ago
Posted: about 1 year ago

Shareholders say ‘yes’ to $2.7B Transocean-Ocean Rig merger

Offshore drilling companies Transocean and Ocean Rig have informed that their respective shareholder...

Categories:
  • Business & Finance
Posted: about 1 year ago
Posted: about 1 year ago

Santos wraps up $2.15B Quadrant Energy acquisition

Australia’s Santos has announced it has completed the acquisition of its compatriot rival Quad...

Categories:
  • Business & Finance
Posted: about 1 year ago
Posted: about 1 year ago

Update: Ineos in talks to buy ConocoPhillips’ UK North Sea fields

The UK-based oil and gas company Ineos is in exclusive talks with ConocoPhillips to buy the U.S. com...

Categories:
  • Business & Finance
Posted: about 1 year ago
Posted: about 1 year ago

Okea gets consent to use Draugen platform

Norway’s Petroleum Safety Authority (PSA) has given Okea consent to use the facilities on the ...

Posted: about 1 year ago
Posted: about 1 year ago

Directors recommend Bergen Group, Endúr Fabricom merger

The previously proposed merger between Norway’s Bergen Group and its compatriot oil service co...

Categories:
  • Business & Finance
Posted: about 1 year ago
Posted: about 1 year ago

Norway OKs Shell’s sale of Draugen and Gjøa field interests

The Norwegian authorities have given the green light for Shell’s proposed sale of the licenses...

Posted: about 1 year ago
Posted: about 1 year ago

Panoro buying OMV Tunisia for $65 million

Oslo-listed Panoro Energy has agreed to buy OMV’s assets in Tunisia for $65 million through the acqu...

Categories:
  • Business & Finance
Posted: about 1 year ago
Posted: about 1 year ago

Serica meets conditions for Rhum field sanctions waiver, buys more stake in Bruce and Keith

Serica Energy and BP have satisfied conditions of the license relating to the UK North Sea Rhum fiel...

Categories:
  • Business & Finance
Posted: about 1 year ago
Posted: about 1 year ago

Vitol-led consortium buys Petrobras’ Nigerian assets for $1.4B

A Vitol-led consortium has agreed to acquire a Petrobras’ offshore fields in Nigeria for $1.40...

Posted: about 1 year ago
Posted: over 2 years ago

Carlyle to buy energy services firm EnerMech

While the value of the deal has not been officially disclosed, the UK media have reported a figure o...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

Neptune Energy buys VNG Norge

With the acquisition, Neptune will get hold of three producing fields, two development projects, and...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

Eco Atlantic buys remaining stake in PAO Namibia

Oil firm Eco Atlantic has acquired the remaining 10% of the shares of Pan Africa Oil Namibia Ltd (&#...

Posted: over 2 years ago
Posted: over 2 years ago

Zennor buys Britannia stake from Mitsui

Zennor Petroleum has entered into a sale and purchase agreement with Mitsui for the acquisition of a...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

ConocoPhillips sells Clair field stake to BP. Buys Alaska acreage

BP and ConocoPhillips have signed an agreement which will see BP take ConocoPhillips’ stake in...

Posted: over 2 years ago
Posted: over 2 years ago

National Oilwell Varco buys GustoMSC

Houston-based National Oilwell Varco (NOV) has acquired GustoMSC, a Dutch provider of design & ...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

Chrysaor buys Spirit Energy’s Armada area fields (UK)

Chrysaor, the UK oil & gas independent, will acquire Spirit Energy’s entire interests in ...

Posted: over 2 years ago
Posted: over 2 years ago

New UK player buys out Shell, Exxon at Triton

Tailwind Energy has signed an agreement with Shell and ExxonMobil to acquire their interests in the ...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

Norbit buys field monitoring specialist Aptomar

Norwegian technology group Norbit has acquired field monitoring specialist Aptomar. The Norbit group...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

Total buys Engie’s upstream LNG business for $1.5 billion

French oil major Total has signed a deal with its compatriot Engie to buy  Engie’s of upstream...

Posted: over 2 years ago
Posted: over 3 years ago

Balmoral Group buys stake in Ace Winches

Design, engineering, and manufacturing company Balmoral Group has taken a substantial stake in hydra...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Canada’s Brookfield buys majority stake in Teekay Offshore

Brookfield Business Partners, together with its institutional partners, has entered into an agreemen...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Report: UK Offshore Wind Sparks M&A Bonanza

Investment in renewable energy rose from GBP 3.1 billion to a record GBP 6.6 billion in 2016, with o...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Due Diligence: Looking beyond Financial Performance

By DNV GL With oil and gas industry mergers and acquisitions expected to pick up this year, buyers a...

Posted: over 3 years ago