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Mergers & Acquisitions
BG Group and Keppel to fuel ships with LNG in SingaporeJan 28, 2016BG Group and Keppel Offshore & Marine have secured the license to supply LNG bunker to vessels in the Port of Singapore after submitting a joint bid to the Maritime and Port Authority of Singapore. With the granting of the license, BG Group and Keppel will form a 50-50 joint venture to deliver an end-to-end bunkering solution using LNG sourced from BG Group's diversified LNG portfolio.
Royal Energy to acquire control of Rhino Resource PartnersJan 27, 2016Royal Energy Resources, Inc. has entered into a Securities Purchase Agreement with Wexford Capital, LP, and certain of its affiliates (collectively, 'Wexford'), under which
Air Energi and Swift Worldwide combine in strategic mergerJan 27, 2016Air Energi Group Limited and Swift Worldwide Resources Limited have merged to form Airswift Holdings Limited, a $1.2bn turnover company specialising in global workforce solutions for
Keppel FELS delivers first rig of the year safely and on timeJan 27, 2016Keppel FELS, a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M) has delivered Halul, a KFELS B Class jackup rig, to Gulf Drilling International Ltd. (q.s.c) (GDI) of Qatar.
Amerisur Resources acquires Platino EnergyJan 27, 2016Amerisur Resources has acquired Platino Energy (Barbados) Ltd, a private company, from COG Energy for a total consideration of US$7MM.
Sound Energy acquires further interest in Sidi Moktar licencesJan 27, 2016Sound Energy has reached heads of agreement with PetroMaroc Corporation Plc in respect of Sound Energy's acquisition of PetroMaroc's 50% operated interest in three onshore
Union Jack Oil acquires interest in PEDL209 and the Laughton prospectJan 27, 2016Union Jack Oil plc has entered into an agreement with Egdon Resources plc, to farm-in to the conventional prospects only of PEDL209 containing the Laughton Prospect.
Krewe Energy acquires Lapeyrouse fieldJan 26, 2016Krewe Energy, LLC recently completed the acquisition of 100% of Castex Energy's interest in the Lapeyrouse Field located in Terrebonne Parish, Louisiana. Simultaneous to the Castex
PDi acquired by Tattva International Holdings Pte LimitedJan 26, 2016Aberdeen headquartered engineering consultancy Project Development International Ltd (PDi), declared it is under new ownership following an acquisition by Tattva
Lundin Petroleum to sell FPSO Bertam for $ 265 millionJan 25, 2016Lundin Petroleum AB has entered into an agreement to sell the FPSO Bertam to M3nergy Investment Ltd, a wholly owned subsidiary of M3nergy Berhad of Malaysia.
Northern Petroleum completes acquisition of Canadian production and reserves assetsJan 25, 2016Northern Petroleum confirms that the acquisition of the Canadian production and reserves assets announced on 12 November 2015 has now completed. T
Suncor Energy and Canadian Oil Sands file documents for amended offerJan 25, 2016Suncor Energy Inc. and Canadian Oil Sands Limited declared the filing and mailing of a notice of variation and change to Suncor's offer and a notice of change to the COS
Wood Group strengthens commissioning capabilities through Magma collaborationJan 22, 2016Wood Group has established a collaborative agreement with international engineering consultancy, Magma Products (Magma) to extend its existing commissioning service.
Frontier Resources : Namibia exploration licence expiredJan 22, 2016On 4 February 2014 the Board of Frontier declared that the Minister of Mines and Energy in Namibia had granted the Company a two year extension to its exploration licence
Total transfers 20% interest and operatorship of Kharyaga to ZarubezhneftJan 22, 2016Total and Zarubezhneft have agreed to adjust their participation in the Kharyaga Production Sharing Agreement whereby Total will transfer a 20% interest together with
Luxe Energy acquires initial assets of approximately 18,000 net acres in Delaware BasinJan 22, 2016Luxe Energy LLC has acquired certain undeveloped acreage and producing oil and gas properties located in Reeves and Ward Counties, TX from two separate sellers,
San Leon Energy terminates possible takeover discussionsJan 22, 2016The Board of San Leon notes that an offer period under the Irish Takeover Panel Act, 1997, Takeover Rules, 2013 in relation to San Leon commenced with effect from its
JKX Oil & Gas awarded further three Hungarian production licencesJan 22, 2016JKX Oil & Gas plc has been granted a further three 35-year production licences (mining plots) covering an additional area of approximately 124 sq km within its original
Bernhard Schulte Shipmanagement now an official Marine Partner of IMarESTJan 22, 2016The Institute of Marine Engineering, Science & Technology (IMarEST) declared Bernhard Schulte Shipmanagement (BSM), as a Marine Partner of the Institute.
Eden Energy sells UK gas assetsJan 22, 2016Eden Energy Ltd's wholly owned Australian subsidiary, Adamo Energy Ltd, entered into an agreement with UK Onshore Gas Limited (a company incorporated under the laws of
DNV GL acquires Swedish power system analysis company Gothia PowerJan 22, 2016Gothia Power, a Swedish power system analysis company, has been acquired by DNV GL. “This company's expertise and services are a perfect match for DNV GL’s existing portfolio in the renewable power, transmission and distribution industries. I am therefore happy to announce this acquisition, which establishes DNV GL’s technical and strategic power system services in the Swedish and Baltic energy markets and further strengthens our leading position worldwide,” says DNV GL President and CEO Remi Eriksen.
Touchstone disposes of Kerrobert, Saskatchewan facility for $4.15 millionJan 21, 2016Touchstone Exploration Inc. has entered into an agreement to dispose of its Kerrobert, Saskatchewan facility, infrastructure and the associated PNG rights to Quattro Exploration
Mitsubishi Corporation acquires full ownership of CIMA EnergyJan 21, 2016Mitsubishi Corporation (MC) has acquired all remaining partnership interest in its affiliated company, CIMA ENERGY, LTD. (CIMA), a Houston based oil and gas marketer, through
Statoil awarded highest number of licences since 2005Jan 21, 2016In the Awards in Predefined Areas (APA) round 2015, Statoil has been awarded interest in 24 licences on the Norwegian continental shelf (NCS), 13 of those as operator and 11
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