EnerMech Acquires Electrical & Instrumentation Specialist In Largest Deal To DateJan 19, 2017Engineering services specialist EnerMech has made its first entry in to the electrical and instrumentation (E&I) sector with the acquisition of EPS Group in Australia and the Americas.
Subsea 7 Announces Offer for Seaway Heavy LiftingJan 18, 2017Subsea 7 S.A. has announced that one of its wholly owned subsidiaries has made an offer to acquire the 50% shareholding in Seaway Heavy Lifting Holding Limited...
ExxonMobil to Acquire Companies Doubling Permian Basin Resource to 6 Billion BarrelsJan 18, 2017Exxon Mobil Corporation reports that it will more than double its Permian Basin resource to 6 billion barrels of oil equivalent through the acquisition of companies owned by...
TechnipFMC Begins Operations as a Combined CompanyJan 17, 2017TechnipFMC has announced that it is operating as a unified, combined company following completion of the merger of FMC Technologies and Technip.
Proposed Reverse TakeoverJan 17, 2017Global Energy Development PLC has announced that it has conditionally agreed to purchase 11 offshore subsea service vessels and a barge vessel as it seeks to adopt a new business strategy focusing on...
ÅF Acquires Quality Engineering GroupJan 13, 2017ÅF has acquired QE Quality Engineering Group AB. The acquisition is part of ÅF’s strategy to offer a complete range of quality assurance services for industry clients in Scandinavia.
Total to Acquire an Additional Interest in the Uganda Lake Albert ProjectJan 11, 2017Total and Tullow have entered into a package agreement under which Total will acquire an additional 21.57% interest from Tullow in the Uganda Lake Albert oil project.
Akastor Completes Transaction to Join Frontica Advantage with NES Global TalentJan 9, 2017All closing conditions have been fulfilled regarding Akastor’s agreement to join Frontica Advantage with NES Global Talent to create a staffing service provider for the oil and gas sector.
Acteon Group Acquires Bruce AnchorJan 6, 2017Subsea services group Acteon has enhanced its capabilities in the provision of temporary and permanent mooring systems by acquiring Bruce Anchor.
Schlumberger Acquires Peak Well SystemsJan 5, 2017Schlumberger has announced the acquisition of Peak Well Systems (Peak), a specialist in the design and development of advanced downhole tools for flow control, well intervention and well integrity.
New Ownership for Broadland RadiatorsJan 5, 2017Norwich (UK) firm, Broadland Radiators, which supplies the oil and gas industry with engine radiators, has undergone a management buyout (MBO).
Statoil Completes Acquisition of Byrding InterestJan 3, 2017On 30 December 2016 Statoil and Wintershall Norge completed their previously announced transaction, whereby Statoil has acquired Wintershall’s 25% interest in...
Nansei Sekiyu Sale ConcludedDec 30, 2016Petrobras has announced that concluded the sale of its 100% stake in Nansei Sekiyu (NSS) to the Taiyo Oil Company.
Shell Agrees Sale of Stake in Vivo Energy to Vitol Africa BVDec 27, 2016Shell has signed an agreement with Vitol Africa B.V. to sell its 20% shareholding in Vivo Energy for USD 250 million.
DEA Strengthens its Position in the Njord AreaDec 24, 2016DEA has strengthened its position in Norway by acquiring participating interest in seven licences in the Njord area in the Norwegian Sea, including 20% increased interest in the Njord field, from Engie E&P Norge AS.
Chevron Announces Sale of Geothermal OperationsDec 24, 2016Chevron Corporation has announced that its wholly owned subsidiaries have entered into a sales and purchase agreement with Star Energy Consortium to sell Chevron’s Indonesian and Philippines Geothermal assets.
Abu Dhabi Acquisition Expands Ashtead Technology’s Middle East CapabilitiesDec 23, 2016Ashtead Technology has announced the acquisition of Abu Dhabi based TES Survey Equipment Services LLC for an undisclosed sum.
Shell Completes Sale of Shell Refining Company in MalaysiaDec 23, 2016Shell has completed the sale of its 51% shareholding in the Shell Refining Company (Federation of Malaya) Berhad (SRC) in Malaysia...
Acquisition of Stake in Dussafu FieldDec 23, 2016BW Offshore has in partnership with the BW Group entered into agreement to acquire 66.67% of the Dussafu production sharing contract offshore Gabon.
DONG Energy Divests 50% of Race Bank Offshore Wind FarmDec 23, 2016DONG Energy has entered into an agreement to sell 50% of Race Bank, a 573 megawatt (MW) UK offshore wind farm project, to Macquarie European Infrastructure Fund 5 and Macquarie Capital...
Total Investments in Tellurian to Develop Integrated Gas ProjectDec 20, 2016Tellurian Investments Inc. and Total have announced that Total is acquiring approximately 23% of Tellurian at USD 5.85 per share for an amount of...
Shell Completes Sale of Shareholding in Showa Shell to IdemitsuDec 20, 2016Shell has completed the sale of a 31.2% shareholding in Showa Shell Sekiyu K.K. to Idemitsu Kosan Co. Ltd. for a total amount of JPY 159 billion...
Noreco Huntington License AgreementDec 20, 2016Norwegian Energy Company ASA has announced that its fully owned subsidiary Noreco Oil UK Limited has entered into an agreement to...
BP Partnership Deal with Kosmos EnergyDec 20, 2016BP has announced that it has signed agreements with Kosmos Energy to acquire a 62% working interest, including operatorship, of Kosmos’ exploration blocks in Mauritania and...
