Transocean Ltd. Shareholders Approve Acquisition of Songa Offshore SEJan 19, 2018Transocean Ltd. has announced that it concluded its extraordinary meeting of shareholders (EGM) approving all of the proposals related to the acquisition of Songa Offshore SE.
Transfer of Rights in The Lapa and Iara Concessions CompleteJan 15, 2018Petrobras and Total have announced that they have finalised a decisive milestone in the realisation of their Strategic Alliance, signed in March 2017...
Hexagon PPM Acquires Industrial Business Solutions, Inc.Jan 12, 2018Hexagon PPM, global provider of asset life cycle solutions for design, construction, and operation of industrial facilities, has announced the acquisition of Industrial Business Solutions, Inc. (IBS)...
Zenith Energy Acquires Hamburg Terminaling Assets from ShellJan 9, 2018Zenith Energy, L.P., an international liquids and bulk terminaling company, has announced that it has signed an agreement to acquire a liquids storage terminal facility in Hamburg, Germany from Royal Dutch Shell plc.
Ramboll to Merge its Oil & Gas and Energy DivisionsJan 5, 2018Ramboll will merge its Oil & Gas and Energy divisions to accommodate the growing focus on sustainability and better support clients’ need for a full service, multidisciplinary offering.
Shell Completes Sale of its LPG Marketing Business in Hong Kong and MacauJan 4, 2018Shell has completed the sale of the first phase of its Hong Kong and Macau LPG marketing business to DCC LPG on 31st December 2017. Shell continues to operate the LPG plant in Hong Kong...
Otto Olsen AS Acquires GS Hydro ASJan 4, 2018Otto Olsen has entered into an agreement to purchase all shares of GS Hydro AS. GS Hydro Norge will continue to operate as it has in the past, but the goal...
Shell to Retain Ownership of A/S Dansk ShellJan 3, 2018Shell has announced that the agreement it signed with Dansk Olieselskab AS (DO) in September 2016 regarding the sale of A/S Dansk Shell, which consists of the Fredericia refinery and local trading and supply activities...
Weatherford Completes Sale of US Hydraulic Fracturing Business to SchlumbergerDec 31, 2017Weatherford International plc has announced it has sold its US pressure pumping and pump-down perforating assets to a subsidiary of Schlumberger Limited for USD 430 million in cash.
Wärtsilä Strengthens its Service Activity with the Acquisition of Trident B.V.Dec 22, 2017The technology group Wärtsilä strengthens its service offering by acquiring Trident B.V., a Netherland based company specialised in underwater ship maintenance, inspection, and repair services.
Statoil Acquires 25% of the Roncador Field in Brazil and Advances its Strategic Partnership with PetrobrasDec 18, 2017Statoil ASA and Petróleo Brasileiro S.A. – Petrobras – have agreed that Statoil will acquire a 25% interest in Roncador, a large oil field in the Campos Basin in Brazil.
The Foundation Det Norske Veritas Assumes Full Ownership of DNV GLDec 15, 2017Stiftelsen Det Norske Veritas (The Foundation) and Mayfair announce the sale of Mayfair’s 36.5% shares in DNV GL Group AS to DNV Holding AS.
Van Aalst Group to Become Majority Shareholder in TechanoDec 15, 2017The Van Aalst Group, Dordrecht, has announced that it has become a majority stakeholder in Techano AS, an offshore crane specialist from Norway.
Engineering Company Harris Pye Sold to Joulon GroupDec 15, 2017The Harris Pye Engineering Group, global specialists in the provision of repairs, upgrades and conversions to the marine, offshore oil and gas, and associated onshore industrial sectors, has been acquired by the Joulon Group.
Statoil and QGEP Complete Transaction on the Carcará Oil Discovery in BrazilDec 14, 2017Statoil and Queiroz Galvão Exploração e Produção (QGEP) have completed their transaction announced in July 2017, whereby Statoil has acquired QGEP’s 10% interest in the BM-S-8 block in Brazil’s Santos basin...
ExxonMobil Completes LNG Acquisition in Mozambique Area 4Dec 14, 2017ExxonMobil has announced the completion of a transaction by ExxonMobil Development Africa B.V. to acquire a 25% indirect interest in Mozambique’s gas-rich Area 4 block from Eni...
Kongsberg Digital Acquires a Share of NSG DigitalDec 14, 2017Kongsberg Digital is purchasing a 34% ownership share in NSG Digital, a subsidiary of the supply base and logistics company NorSea Group.
Sparrows Group to Acquire Wind Energy Specialist Alpha Offshore ServiceDec 12, 2017Sparrows Group has cemented its position in the renewables sector with the acquisition of Danish wind energy specialist Alpha Offshore Service A/S.
Sale of EXMAR’s Share in Four FSRUsDec 11, 2017Excelerate Energy and EXMAR NV have announced that they have concluded the acquisition by Excelerate Energy of the full 50% shares held by EXMAR in four companies...
BASF and LetterOne Sign Letter of Intent to Merge Their Oil and Gas Subsidiaries Wintershall and DEADec 8, 2017BASF and LetterOne have signed a letter of intent to merge their respective oil and gas businesses in a joint venture, which would operate under the name Wintershall DEA.
Emerson Completes Paradigm AcquisitionDec 7, 2017Emerson has announced it has completed the purchase of Paradigm®, provider of software solutions to the oil and gas industry.
Marlink and Radio Holland Strengthen Their Long-Term PartnershipDec 6, 2017Marlink and Radio Holland have concluded a partnership agreement whereby Marlink has acquired Radio Holland’s connectivity business.
Europa Oil & Gas P2034 Offshore Licence SaleDec 5, 2017Europa Oil & Gas (Holdings) plc has announced the sale of its 50% interest in Promote Licence P2304...
ExxonMobil to Merge Refining and Marketing DivisionsDec 4, 2017Exxon Mobil Corporation has announced it will combine its refining and marketing operations into a single company, ExxonMobil Fuels & Lubricants Company, in the first quarter of 2018.