Acquisition Closing for Stake in Dussafu FieldApr 11, 2017BW Energy Gabon Pte. Ltd (BWEG), a subsidiary of BW Offshore, has completed the acquisition of 100% interest in Harvest Dussafu B.V. from Harvest Energia B.V....
Westwood Global Energy Group Expands North American Offering for the Unconventional MarketApr 11, 2017Westwood Global Energy Group, the private equity-backed group of energy research, analysis and consulting companies, has announced the acquisition of Houston-based market research firm, Energent Group Software LLC.
Shell Announces the Conditional Sale of its LPG Business in Hong Kong and MacauApr 6, 2017Shell has announced the conditional sale of its Liquefied Petroleum Gas (LPG) business in Hong Kong and Macau to DCC Energy...
BP to Sell Forties Pipeline System to INEOSApr 4, 2017BP has announced it has agreed to sell its Forties Pipeline System (FPS) business, with assets including the main Forties offshore and onshore pipelines and other associated pipeline interests and facilities, to INEOS.
Chevron Concludes Sale of Geothermal Operations in IndonesiaApr 3, 2017Chevron Corporation has announced that its wholly owned subsidiaries have completed the sale of Chevron’s geothermal business in Indonesia to Star Energy Consortium.
Aker Solutions to Acquire Norwegian Oil-Services Provider ReinertsenMar 31, 2017Aker Solutions agreed to buy oil-services provider Reinertsen to build on its position as a leading maintenance and modifications supplier offshore Norway.
New Company Targets North America Unconventional Resource DevelopmentMar 27, 2017Weatherford and Schlumberger have announced an agreement to create OneStim℠, a joint venture to deliver completions products and services for the development of unconventional resource plays...
Shell Divests Gabon Onshore InterestsMar 27, 2017Royal Dutch Shell plc, through its affiliates, has reached an agreement with Assala Energy Holdings Ltd. a portfolio company of The Carlyle Group, to sell 100% of its Gabon onshore interests...
Bureau Veritas Acquires Maritime Assurance & ConsultingMar 23, 2017Bureau Veritas (BV) has announced the acquisition of Maritime Assurance & Consulting (MAC).
Marathon Oil Announces Northern Delaware AcquisitionMar 22, 2017Marathon Oil Corporation has announced the signing of a definitive agreement to acquire approximately 21,000 net surface acres largely in the Permian’s Northern Delaware basin of New Mexico...
Marlink Acquires Long-Term Vessel IT Management Partner PalantirMar 20, 2017Marlink has acquired Palantir AS, a Norway-based maritime IT company specialising in remote IT management solutions.
ExxonMobil to Acquire 25% Interest in Mozambique Area 4 from EniMar 10, 2017ExxonMobil and Eni have signed a sale and purchase agreement to enable ExxonMobil to acquire from Eni a 25% indirect interest in the natural gas-rich Area 4 block, offshore Mozambique.
Shell Divests Oil Sands Interests in CanadaMar 10, 2017Royal Dutch Shell plc has announced the signing of two agreements by Shell Canada Energy, Shell Canada Limited and Shell Canada Resources that will see Shell sell all of its in-situ and undeveloped oil sands interests in Canada...
Marathon Oil Announces Canadian Oil Sands Divestiture and Permian Basin AcquisitionMar 10, 2017Marathon Oil Corporation has announced it has signed an agreement to sell its Canadian subsidiary, which includes the Company’s 20% non-operated interest in the Athabasca Oil Sands Project (AOSP)...
Gabon – Total Sells Interests in Mature FieldsFeb 28, 2017Total has signed an agreement for the sale of stakes and the transfer of operatorship in various mature assets in Gabon to Perenco.
Lundin Petroleum Proposes Spin-OffFeb 14, 2017Lundin Petroleum AB has announced that its Board of Directors has proposed to spin-off its assets in Malaysia, France and the Netherlands into a newly formed company...
Statoil Completes Sale of Oil Sands BusinessFeb 2, 2017Statoil and Athabasca Oil Corporation have completed their previously announced transaction, whereby Statoil has sold its entire oil sands operations in the Canadian province of Alberta to Athabasca.
Chrysaor Acquires Asset Package from ShellFeb 1, 2017Chrysaor Holdings Limited, the UK oil and gas independent, is to acquire a package of assets in the UK North Sea from Shell UK Limited and its affiliates for a price of USD 3 billion.
Shell Signs Agreement to Sell its Stake in Thailand’s Bongkot FieldFeb 1, 2017Shell has reached an agreement with KUFPEC Thailand Holdings Pte Limited for the sale of subsidiary companies Shell Integrated Gas Thailand Pte Limited and Thai Energy Co Limited...
Alimak Group’s Acquisition of Avanti Wind Systems FinalisedFeb 1, 2017Alimak Group has finalised the acquisition of Avanti Wind Systems, provider of vertical access solutions for wind turbine towers.
Rapp Bomek Takes Strategic Measures and Buys Mil SecJan 31, 2017Rapp Bomek has stepped up its acquisitions of the market for safety solutions for energy, civil and defence markets worldwide by agreeing to buy the Oslo-based company Mil Sec Norge AS.
Victrex and Magma Strengthen Strategic PartnershipJan 27, 2017Victrex plc and Magma Global Ltd. are continuing to build their strategic partnership targeted at the oil and gas industry. Following the joint development of Magma carbon composite m-pipe®...
BP to Sell Part of Interests in Magnus field and Sullom Voe Terminal in UK North SeaJan 25, 2017BP has announced it has agreed to sell part of its interests in the Magnus oil field and some associated pipeline infrastructure in the UK northern North Sea and in the Sullom Voe Terminal (SVT)...
Shell to Sell Stake in Sadaf Chemicals Joint Venture in Saudi ArabiaJan 23, 2017Shell and SABIC have signed an agreement whereby SABIC will acquire Shell’s 50% share in the petrochemicals SADAF joint venture, located in Jubail, Kingdom of Saudi Arabia for...
