News Topics: Company Mergers, Acquisitions, & JVs
Results43 articles shown
Swissco's Shareholders Approve Firm's Acquistion of Scott and English
Tuesday, July 22, 2014 Swissco's shareholders approve the company's $225 million acquisition of Scott and English Energy at an extraordinary general meeting.
Det Norske Sees 2Q Production Halve
Thursday, July 17, 2014 Det norske reports lower production for the second quarter but says that Marathon Oil Norge acquisition will make it one of Europe's largest independent companies.
Unique Maritime Secures Strategic Equity Investment from Blue Water Energy
Thursday, July 17, 2014 Unique Maritime Group secures strategic equity investment from Blue Water Energy in the United Arab Emirates-based company.
Whiting To Buy Kodiak For $3.8B, Create No. 1 Bakken Producer
Monday, July 14, 2014 Whiting Petroleum says it will acquire Kodiak Oil & Gas for $3.8B in stock, to become the largest producer in North Dakota's Bakken shale oil formations, eclipsing Harold Hamm's Continental Resources Inc.
Rosneft, Petrobras Sign Natural Gas Accord For Brazil's Amazon
Monday, July 14, 2014 NK Rosneft' AOA signs an agreement with Petrobras to seek ways to sell natural gas trapped in Brazil's remote Amazon jungle, the companies say.
Roc Oil Draws a Second Acquisition Proposal, Denies Cliq Energy is a Bidder
Friday, July 11, 2014 Roc Oil receives a second proposal from an unnamed firm to acquire all the issued share capital of the Australian company.
Malaysia's Sumatec to Buy Borneo Energy for $250M
Friday, July 11, 2014 Malaysia's Sumatec agrees to buy Borneo Energy Oil and Gas for $250 million.
Halliburton Forms Energy Joint Venture In China
Friday, July 11, 2014 Halliburton is entering its first joint venture in China that will use fracking to unleash energy.
Yinson Gets BW's Proposal on Full Ownership of FPSO Petroleo Nautipa
Thursday, July 10, 2014 Yinson Holdings gets proposal from BW Offshore on taking full ownership of floating production, storage and offloading vessel Petroleo Nautipa, now 50-50 owned by subsidiaries of both firms.
Ezra to Transfer Offshore Support Services Arm to EOC for $520M
Thursday, July 10, 2014 Ezra Holdings to transfer the firm's offshore support services arm EMAS Marine to its associate company EOC Limited for $520 million.
KKR To Form US Oil And Gas Joint Venture With Riverstone
Wednesday, July 09, 2014 KKR & Co LP and Riverstone Holdings will form a US oil and natural gas venture that would be one of the largest producers in the Barnett Shale in Texas.
Inpex Ups Interest in Lucius Project in the US Gulf of Mexico
Wednesday, July 09, 2014 Inpex increases its participating interest in the Lucius deepwater project in the US Gulf of Mexico.
Noble Spin-Off Paragon to Make Debt Offering
Monday, July 07, 2014
WestSide Recommends Shareholders Accept Landbridge's Takeover Offer
Friday, July 04, 2014 Australia's WestSide recommends that company's shareholders accept Landbridge's takeover offer.
Horizon Oil Recommends Shareholders Accept Merger with Roc Oil
Friday, July 04, 2014 Horizon Oil recommends that the firm's shareholders accept the merger with Roc Oil in the absence of a superior proposal.
Timeline for Sale of Indonesia's PT Benakat Barat Petroleum Extended
Thursday, July 03, 2014 Interra Resources reveals that parties to the sale of PT Benakat Barat Petroleum extended the timeline to complete the transaction.
Bloomberg: Occidental Middle East Stake Sale Hits Dead End
Thursday, July 03, 2014 Occidental fails to sell a stake in its Middle East business and now plans to sell some assets piece by piece, Bloomberg reported, citing people with knowledge of the matter.
Kvaerner, COOEC Form JV in China to Pursue EPC Projects Globally
Wednesday, July 02, 2014 Kvaerner and COOEC establish a joint venture firm in China, known as Kvaerner COOEC Engineering & Technology Ltd., to pursue engineering, procurement and construction contracts globally.
WestSide Tells Shareholders to Take No Action on Landbridge's Takoever Bid
Friday, June 27, 2014 WestSide Corporation recommends that its shareholders take no action with respect to Landbridge's takeover offer for the Australian firm.
Source: Gazprom in Talks to Buy Abu Dhabi's OMV stake
Thursday, June 26, 2014 Gazprom is in talks to buy's Abu Dhabi's 24.9% stake in Austrian oil and gas firm OMV, according to a source.
Pacific Radiance, CSP Set Up JV Firm to Serve Mexico's OSV Sector
Wednesday, June 25, 2014 Radiance Offshore Holdings and Consultoria y Servicios Petroleros establish a joint venture firm to manage and operate offshore support vessels for Mexico's offshore petroleum industry.
Ithaca Buys Interests in 3 UK Fields
Monday, June 23, 2014 Ithaca Energy pays Sumitomo Corporation $170 million for two North Sea fields and one onshore UK field.
Loyz Energy Enters into MOU with Hong Kong-based Enso Oil & Gas
Monday, June 23, 2014 Loyz Energy enters into a memorandum of understanding with Enso Oil & Gas for the latter to purchase a stake in Loyz's unit Interlink Petroleum and to recommend upstream assets in Russia's Irkutsk region for Interlink's acquisition.
Fircroft, Tanjung Form JV to Offer Recruitment Solutions in Malaysia
Thursday, June 19, 2014 Fircroft and Tanjung Offshore form a joint venture to provide recruitment solutions in Malaysia.
Ambassador Withdraws Recommendation to Accept Drillsearch Acquisition Offer
Thursday, June 19, 2014 Ambassador Oil and Gas withdraws recommendation to shareholders to accept a revised offer by Drillsearch to acquire the firm after Magnum Hunter countered with an improved bid.
Shell Trims Interest in Woodside, Selling 19% Stake for Around $5B
Tuesday, June 17, 2014 Shell trims interest in Woodside, selling 19% stake for around $5 billion.
Russia's Lukoil, Gazprom to Jointly Explore Barents Sea Shelf
Monday, June 16, 2014 Russia's Lukoil and Gazprom to set up a joint venture to explore part of the Barents Sea shelf.
Noble Energy Acquires Deepwater GOM Acreage
Monday, June 16, 2014 Noble Energy reaches an agreement with BP Exploration & Production Inc. to acquire interest in 17 deepwater exploration leases in the Gulf of Mexico.
CargoFlexX Partners Fumar to Expand Network in Southeast Asia
Monday, June 16, 2014 CargoFlexX partners Fumar Marine Services to expand its network to Singapore and Malaysia, focusing on providing cargo handling systems to drilling units and offshore support vessels.
Drillsearch Raises Offer to Acquire Shares in Ambassador Oil and Gas
Monday, June 16, 2014 Drillsearch Energy raises offer to purchase all shares in Ambassador Oil and Gas that it does not already own.
Williams To Take Over Access Midstream For $6 Billion
Sunday, June 15, 2014 Williams Companies agrees to acquire control of Access Midstream Partners as the first step in merging it with its operations, aiming to enlarge its role in the US natural gas boom.
Consol, Noble Energy To Form MLP For Marcellus Pipelines
Thursday, June 12, 2014 Consol Energy and Noble Energy are set to form a master limited partnership (MLP) for pipeline operations they control in Pennsylvania's Marcellus shale region.
Drillsearch Acquires Over 28M Shares in Ambassador Oil & Gas
Thursday, June 12, 2014 Drillsearch Energy completes acquisition of more than 28 million shares in Ambassador Oil and Gas, representing 19.9 percent of the total issued share capital of the firm.
Indonesia's Pertamina In Talks Over Talisman's Duvernay Assets
Wednesday, June 11, 2014 Pertamina is in talks with Talisman Energy about a potential partnership in Alberta's Duvernay shale play, Pertamina chairman Dr Sugiharto says.
FTS International Enters China With Sinopec JV
Tuesday, June 10, 2014 FTS International sign a 15-year joint venture with Sinopec in a first-of-its-kind partnership that brings the US company's expertise in hydraulic fracturing to China's vast shale formations.
Ramboll Acquires Aberdeen-Based Apply Altra
Monday, June 09, 2014 Ramboll enters the UK oil & gas market with the acquisition of Aberdeen-based consultancy Apply Altra.
MMA Completes $495M Acquisition of Singapore's Jaya Holdings
Thursday, June 05, 2014 Mermaid Marine Australia completes its $495 million acquisition of Singapore-based offshore services provider Jaya Holdings.
More Time Given to Complete Sale of Indonesia's PT Benakat Barat Petroleum
Tuesday, June 03, 2014 Interra Resources reports that the date for completing the acquisition of Indonesia's PT Benakat Barat Petroleum has been extended by a month.
SembCorp Marine Takes 12% Stake in Norway's GraviFloat for $4M
Monday, June 02, 2014 Sembcorp Marine agrees to acquire a 12% stake in Norway's GraviFloat for $4 million.
Drillsearch Energy to Takover Ambassador Oil and Gas
Wednesday, May 28, 2014 Drillsearch Energy makes a conditional off-market takeover offer for Ambassador Oil and Gas.
Rawson, Hardie Complete Acquisition of Australia's Otway Energy
Tuesday, May 27, 2014 Rawson Resources and Hardie Energy completed the sale and purchase of the remaining interest in Otway Energy Pty Ltd.
KrisEnergy Completes Take Over of Block G10/48 in Gulf of Thailand
Tuesday, May 27, 2014 KrisEnergy completes acquisition of MP G10 (Thailand), which is the operator holding a 75% working interest in Block G10/48 in the Gulf of Thailand.
Seadrill, NADL Ink Agreement to Partner Rosneft in Russia's Drilling Market
Monday, May 26, 2014 Seadrill and North Atlantic Drilling ink agreement to partner Rosneft in Russia's drilling market.