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Mergers & Acquisitions
ATR and Centurion Merge to Create Global Oil and Gas Rental GroupJul 29, 2016Centurion Group and ATR Group are to merge to create a global player in the oil and gas rental equipment and services market.
Agreement to Sell Petrobras Chile is SignedJul 25, 2016Petrobras has announced that it has signed a sale and purchase agreement with the Southern Cross Group for 100% of Petrobras Chile Distribuición Ltda...
ExxonMobil to Acquire InterOilJul 22, 2016Exxon Mobil Corporation and InterOil Corporation have announced an agreed transaction worth more than USD 2.5 billion, under which ExxonMobil will acquire...
Unique Group Continues its Global Expansion PlansJul 19, 2016Integrated subsea and offshore solution provider Unique Group, through its subsidiary Unique Maritime Group (SEA) PTE Ltd, has completed the acquisition of...
Total Takes Control of Saft Groupe Following Successful Tender OfferJul 19, 2016The Autorité des marchés financiers (AMF) has published the results of the public tender offer initiated by Total on Saft Groupe.
MHWirth Reaches Agreement for Sale of MPO to AFGlobalJul 14, 2016MHWirth, a subsidiary of the publicly listed Akastor ASA, has reached an agreement with AFGlobal Corporation to divest its Managed Pressure Drilling (MPD) business through the sale of its subsidiary, Managed Pressure Operations (MPO).
Total Energy Ventures Invests in Distributed Wind Power with United WindJul 13, 2016Total Energy Ventures (TEV), the venture capital arm of Total that invests in start-ups, has acquired an interest in United Wind, a company leasing small wind turbines...
Statoil Completes Divestment of Marcellus Assets in West VirginiaJul 11, 2016On 8 July Statoil and EQT Corporation completed their previously announced transaction, whereby Statoil has sold its non-core operated assets in the US state of West Virginia...
DNV GL Acquires Solar Monitoring Provider GreenPowerMonitorJul 11, 2016Independent energy expert DNV GL has acquired GreenPowerMonitor, a provider of solar monitoring, control and asset management systems.
Blackhawk Acquires Surge Reduction Line From Allamon Tool CompanyJul 7, 2016Blackhawk Specialty Tools, LLC, provider of deepwater cementing innovations, has acquired the surge reduction business line of Allamon Tool Company and...
Caterpillar Acquires M2M Data CorporationJul 6, 2016Caterpillar Oil & Gas has announced it has completed the acquisition of M2M Data Corporation.
Voith Accelerates Its Digital TransformationJul 4, 2016Voith accelerates its transformation under its digital agenda – this has been made possible by its successful investment in KUKA AG.
Statoil Completes Transaction with LundinJul 2, 2016Statoil ASA and Lundin Petroleum have completed their previously announced transaction, whereby Statoil has sold its entire 15% interest in the Edvard Grieg field for an increased shareholding in Lundin Petroleum.
Disposal of 50% Stake in KANFA Aragon ASJun 29, 2016Sevan Marine ASA has announced the disposal of its 50% stake in KANFA Aragon AS to Sembcorp Marine Ltd. for...
Project Personnel Provider Omega Subsea UK Acquires Accpron UKJun 29, 2016Omega Subsea UK, a provider of project personnel to the energy industry, has acquired Westhill-based personnel firm Accpron UK.
Statoil Completes Transaction In UK License for Utgard FieldJun 28, 2016On 22 June 2016, Statoil and JX Nippon completed their previously announced transaction, whereby Statoil has acquired JX Nippon’s 45% equity share in, and operatorship of...
Total Obtains 25-Year Interest In The Giant Al-Shaheen Field ConcessionJun 28, 2016Total has signed an agreement with Qatar Petroleum, granting the Group a 30% interest in the concession covering the offshore Al-Shaheen oil field for a period of 25 years...
Clariant Acquires Full Control of Consortium with Carboflex in BrazilJun 24, 2016Clariant, provider of specialty chemicals, has announced the acquisition of Carboflex’s 50% stake in the consortium that built and operates the Guanabara Bay plant.
AxFlow Grows with Strategic AcquisitionJun 22, 2016Specialist in positive displacement pumps, fluid handling systems and related services, AxFlow, extends its product portfolio and Swedish market coverage with...
Marathon Oil STACK AcquisitionJun 21, 2016Marathon Oil Corporation has announced the signing of a definitive purchase and sale agreement to acquire PayRock Energy Holdings, LLC...
Saipem and Novatek Sign LNG-Focused Strategic Partnership and Co-Operation AgreementJun 20, 2016In the presence of the President of the Russian Federation, Vladimir Putin, and the Italian Prime Minister, Matteo Renzi, Saipem has entered into a strategic partnership and co-operation agreement...
Siemens and Gamesa to Merge Wind BusinessesJun 20, 2016Siemens and Gamesa have signed binding agreements to merge Siemens’ wind power business, including wind services, with Gamesa to create...
BP and Rosneft Create Joint Venture To Develop Prospective Resources in East and West SiberiaJun 20, 2016Rosneft and BP have signed final binding agreements to create a new joint venture, Yermak Neftegaz LLC, to conduct exploration in the...
Wood Group Acquires Fabrication and Manufacturing BusinessJun 18, 2016Wood Group has acquired the trade and assets of Enterprise Engineering Service Limited’s (EESL) Aberdeen based fabrication and manufacturing business.
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