Probe and Hunter Well Science Announce Strategic MergerDec 4, 2017Probe Technologies Holdings, Inc. has announced it has completed a strategic merger with Hunter Well Science Ltd. that significantly expands its product offering to better serve its growing international customer base.
BP and Copersucar to Form a New Joint Venture in BrazilDec 1, 2017BP Biofuels and Copersucar have announced that they have agreed to form a joint venture to own and operate a major ethanol storage terminal in Brazil, better and flexibly connecting ethanol production with the country’s main fuels markets.
Hydro Makes Significant Investment in Corvus EnergyNov 29, 2017Corvus Energy has announced that it has finalised an investment deal with Norwegian aluminum supplier Hydro. Through the private placement, Hydro purchased 25.9% of the shares in Corvus Energy...
Statoil Takes Over Operatorships and Equity in the Martin Linge Field and Garantiana DiscoveryNov 28, 2017Statoil and Total have agreed on a transaction whereby Statoil will acquire Total’s equity stakes in the Martin Linge field (51%) and the Garantiana discovery (40%) on the Norwegian continental shelf (NCS).
Apax-Backed Marlink and OmniAccess Join ForcesNov 24, 2017Backed by Apax Partners, Marlink has signed a definite agreement to acquire a majority stake in OmniAccess.
BP to Sell Bruce Assets to SericaNov 21, 2017BP has agreed to sell a package of its interests in the Bruce assets in the North Sea to Serica Energy plc.
Rystad Energy to Acquire Sustainable Energy Research Analytics (SERA)Nov 21, 2017Rystad Energy, an independent oil and gas consulting services and business intelligence data firm offering global databases, has announced it will acquire Sustainable Energy Research Analytics (SERA)...
Norwegian Technology Group Norbit Acquires Field Monitoring Specialist AptomarNov 17, 2017Aptomar is an international provider of products and services for integrated field monitoring. The company has delivered more than 100 field monitoring systems to oil companies and...
Total Acquires Engie’s Upstream LNG BusinessNov 10, 2017Total has signed an agreement with Engie to acquire its portfolio of upstream liquefied natural gas (LNG) assets for an overall enterprise value of USD 1.49 billion.
Total Sells Fuel Marketing Activities in ItalyNov 6, 2017Total and Erg have signed an agreement with the Italian Group API to sell its fuel marketing and refining assets in the TotalErg joint venture...
Shell Completes Sale of UK North Sea Asset Package to ChrysaorNov 2, 2017Shell has completed the sale of a package of UK North Sea assets to Chrysaor for a total of up to USD 3.8 billion, including an initial consideration of USD 3.0 billion and a payment of up to USD 600 million between 2018-2021...
Ørsted Divests 50% of Walney Extension Offshore Wind FarmNov 2, 2017Ørsted has signed an agreement to sell 50% of Walney Extension, a 659 megawatt (MW) UK offshore wind farm project to a consortium consisting of PKA and PFA, two Danish pension funds
Shell Completes Sale of Gabon Onshore InterestsNov 2, 2017Royal Dutch Shell plc, through its affiliates, has completed the sale of its entire Gabon onshore oil and gas interests to Assala Energy Holdings Ltd. a portfolio company of The Carlyle Group...
Aker BP Acquires Hess NorgeOct 24, 2017Aker BP ASA has entered into an agreement to acquire Hess Norge AS. Through the transaction, Aker BP strengthens its production and resource base, and becomes the sole owner of the Valhall and Hod fields...
Seanamic Group Acquires FlexlifeOct 20, 2017The Seanamic Group has announced its acquisition of Flexlife, the specialists in the integrity management of flexible pipelines and umbilicals.
TechnipFMC Reaches an Agreement to Acquire Plexus’ Exploration Wellhead BusinessOct 19, 2017TechnipFMC has announced that an agreement has been reached with Plexus Holding plc to acquire Plexus’s Wellhead exploration equipment and services business for jack up applications.
ExxonMobil Acquires Crude Oil Terminal to Serve Growing Permian Basin ProductionOct 19, 2017Exxon Mobil Corporation has announced that it has acquired a crude oil terminal in Wink, Texas from Genesis Energy LP.
Emerson Agrees to Acquire ParadigmOct 17, 2017Emerson has agreed to acquire Paradigm®, a provider of software solutions for the oil and gas industry, for a purchase price of USD 510 million...
Global Marine Group to Acquire Fugro’s Trenching and Cable Laying BusinessOct 12, 2017Global Marine Group (GMG), a provider of offshore engineering services to the telecommunications, oil and gas, and renewables industries, has announced that Global Marine Systems Limited has entered into an agreement with Fugro N.V. under which
Emerson Acquires Geofields, Inc.Oct 12, 2017Emerson has acquired GeoFields, Inc., a global supplier of software and implementation services for pipeline integrity data collection, management and risk analysis for the oil and gas industry.
Shell Divests Interest in ComgásOct 11, 2017Shell Gas BV, Shell Brazil Holding BV and Integral Investments BV have announced they have signed an agreement with Cosan Ltd. to execute an existing Put Option Agreement, which allows Shell to sell...
GATE Energy Acquires Patriot Filtration ServicesOct 11, 2017GATE Energy has announced the acquisition of Patriot Rentals’ filtration business unit headquartered in Lafayette, LA.
Wärtsilä Strengthens Its Expertise in Vessel Positioning Technology by Acquiring Guidance MarineOct 11, 2017The technology group Wärtsilä has acquired Guidance Marine Limited, a privately owned company with offices in the UK, Singapore and the USA.
Wood Group Completes Acquisition of Amec Foster WheelerOct 10, 2017Wood Group has announced that it has completed the acquisition of Amec Foster Wheeler.