Results50 articles shown
Japan's NYK Completes Acquisition of 25% Stake in EMAS CHIYODA Subsea
Friday, September 30, 2016 Japan's Nippon Yusen Kabushiki Kaisha (NYK) completes transaction to acquire a 25 percent interest in EMAS CHIYODA Subsea (ECS).
Det Norske Completes Merger with BP Norge, Creates Aker BP
Friday, September 30, 2016 Det norske oljeselskap ASA completes its merger with BP Norge AS, which was initially announced in June 2016.
WFS Appoints IMEC as Agent in Malaysia as it Expands in Southeast Asia
Thursday, September 29, 2016 Scottish-based WFS Technologies appoints Independent Marine & Engineering Consultants (IMEC) as exclusive agents for Malaysia as the firm boosts its business presence in Southeast Asia.
Trelleborg Appoints Unique Group as its Agent in India
Tuesday, September 27, 2016 Trelleborg appoints Unique Group as agent in India for its offshore solutions offerings.
Baron Oil, SundaGas Form JV to Explore E&P Opportunities in Southeast Asia
Monday, September 26, 2016 Baron Oil enters into a joint venture with Singapore-based exploration and production company SundaGas to look into upstream opportunities in Southeast Asia.
TH Heavy Engineering, McDermott End Partnership in Malaysia
Monday, September 26, 2016 Malaysia's TH Heavy Engineering and McDermott end their three-year partnership for offshore oil and gas projects in the country.
Rice Energy to buy Vantage Energy for about $2.7B
Monday, September 26, 2016 Oil and gas producer Rice Energy Inc will buy Vantage Energy LLC and Vantage Energy II LLC for about $2.7 billion, including debt.
Danish Transport Giant Maersk To Spin Off Energy Operations
Thursday, September 22, 2016 Rocked by low freight and oil prices, Denmark's A.P. Moller-Maersk will split into separate transport and energy divisions under a keenly-anticipated revamp announced on Thursday.
Union Jack Oil Raises Cash to Fund Onshore UK Acquisitions
Thursday, September 22, 2016 Union Jack Oil plc raises $900,000 through a placing of 411,764,706 new ordinary shares of $0.03 at a price of $0.22 per placing share.
RGU Secures Funding to Create Indian Oil, Gas Training Framework
Wednesday, September 21, 2016 Robert Gordon University receives funding from the UK Government to establish a sustainable training framework for the Indian energy sector.
Ukraine Reverses Naftogaz Move After Creditor Criticism
Tuesday, September 20, 2016 Ukraine cancels a decision to transfer control of the gas transport arm of state energy firm Naftogaz to the economy ministry.
MedcoEnergi Acquires ConocoPhillips' Stake in South Natuna Sea Block
Tuesday, September 20, 2016 MedcoEnergi inks agreement to acquire ConocoPhillips' stake in the South Natuna Sea Block B Production Sharing Contract (PSC) offshore Indonesia.
PETRONAS, SOCAR Ink MOU on Goshadash Block in Caspian Sea
Monday, September 19, 2016 Malaysia's PETRONAS and SOCAR ink a memorandum of understanding to explore, develop and produce from the Goshadash Block in Azerbaijan's sector of the Caspian Sea.
Japan PM Adviser Says No Gov't Plan To Invest In Saudi Aramco
Friday, September 16, 2016 Japan's government has no plan to invest in state-run oil firm Saudi Aramco's planned initial public offering, an adviser to Japanese Prime Minister Shinzo Abe said on Friday.
UK, Argentina Governments to Remove Restrictive Oil, Gas Industry Measures
Thursday, September 15, 2016 The British Government and the Government of Argentina have agreed to work towards removing restrictive measures around the South Atlantic and Falkland Islands oil and gas industries.
ONGC Videsh Inks Deal with Rosneft to Up Stake in Russia's Vankorneft
Thursday, September 15, 2016 India's ONGC Videsh inks agreement with Rosneft to acquire an additional 11 percent stake in Vankorneft, the operator of the Vankor field and North Vankor license in Russia.
Eni Pledges Fewer Mishaps on Arctic Platform in Safety Shake-Up
Wednesday, September 14, 2016 Eni is shaking up safety measures at the Goliat platform in Norway's Arctic in a bid to draw a line under a series of incidents that have hurt production at the world's northernmost offshore oil field.
Subsea 7 Forms Development Alliance with Det Norske, Aker Solutions
Tuesday, September 13, 2016 Subsea 7 S.A. forms a development alliance with Det norske oljeselskap and Aker Solutions to cut costs.
RGU Secures Funding to Help Develop Oil, Gas Workforce in Mexico
Tuesday, September 13, 2016 Robert Gordon University (RGU) in Aberdeen has been awarded funding to create a skills development framework for the oil and gas sector in Mexico.
Vedanta Wins Cairn Nod For BHP-Style Resources Conglomerate
Tuesday, September 13, 2016 Vedanta's plan to create an Indian resources heavyweight to compete with the likes of BHP Billiton got a boost after shareholders in its oil unit, Cairn India, agreed to a proposal to combine the two companies.
Anadarko Goes Deeper in GOM with $2B Deal
Monday, September 12, 2016 Anadarko Petroleum announces $2 billion acquisition in the Gulf of Mexico from Freeport McMoran Inc.
KOGAS Signs MOU With Brazil's Ceara State On LNG Import Terminal Project
Monday, September 12, 2016 State-run Korea Gas Corp (KOGAS) signs a memorandum of understanding (MOU) with the Brazilian state of Ceara to cooperate on developing an LNG import terminal in Brazil.
Spain's Repsol and Criteria Sell Combined 20% of Gas Natural
Monday, September 12, 2016 Spain's Repsol and Criteria Caixa will sell for $4.27 billion ($3.8 billion euro) a combined 20 percent stake in Gas Natural to U.S. fund Global Insfrastructure Partners.
Russia's Tatneft Says Still Interested In Bashneft Privatization
Wednesday, September 07, 2016 Tatneft is still interested in the privatization of another oil producer, Bashneft, Russia's Interfax news agency reported on Wednesday.
EOG Inks $2.5B Deal In Shift To Low-Cost Permian Shale
Tuesday, September 06, 2016 EOG Resources says it would buy privately held Yates and some of its subsidiaries and other entities in a deal valued at $2.5 billion to boost its assets in the Permian and Powder River basins.
Companies Ink Seismic Research, Development Agreement
Friday, September 02, 2016 BP spokesperson says research and development efforts with Rosneft and Schlumberger could represent breakthrough for high-quality, low-cost cableless seismic.
Andalas Joins Pertamina in Commercializing Marginal Gas Fields in Indonesia
Friday, September 02, 2016 Andalas Energy and Power and PT Pertamina sign agreement to fast-track commercialization of the latter's marginal gas fields in Indonesia.
SeaOwl Acquires Thailand-based Ogas Solutions to Expand Business
Wednesday, August 31, 2016 SeaOwl acquires Thailand-based oil and gas solutions provider Ogas Solutions to expand its business globally.
Indonesia Encourages More Exploration, Development Activities in its Waters
Wednesday, August 31, 2016 Indonesia plans to boost oil and gas activities in its waters, inviting Malaysia to join Pertamina in exploration work, while seeking to speed up development of the East Natuna block.
Malaysia's Coastal Contracts Bullish on Entry into Indonesia's LNG Market
Tuesday, August 30, 2016 Malaysia's Coastal Contracts is optimistic about its impending entry into Indonesia's liquefied natural gas (LNG) market after acquiring PT Jaya Samudra Karunia Gas (JSK Gas) for $20.8 million.
Reach Energy Secures SCM's Approval to Buy Stake in Kazakh O&G Firm
Friday, August 26, 2016 Reach Energy secures Securities Commission Malaysia's (SCM) approval for its acquisition of a stake in Palaeontol B.V., which owns an onshore oil and gas block in Kazakhstan.
Oil M&A Is Back as Industry Shifts From Survival to Growth
Friday, August 26, 2016 Multibillion-dollar oil and gas deals are back on the table.
Kazakh KazMunayGaz Says Plans No New Offer For KMG EP
Thursday, August 25, 2016 KazMunayGaz has no immediate plans to make a new offer to the minority shareholders of its London-listed upstream unit.
Sembcorp Marine Acquires Remaining 15% Stake in PPL Shipyard for $115M
Wednesday, August 24, 2016 Sembcorp Marine acquires 15 percent interest in PPL Shipyard for $115 million, giving it full ownership of the Singapore yard.
Sparrows Group Partners with SapuraKencana in the Asian Pacific
Wednesday, August 24, 2016 New partnership extends Sparrow Group's presence in the Asian Pacific market to service both offshore and onshore Malaysia.
PDC Energy To Buy Two Privately Held Companies For $1.5B
Tuesday, August 23, 2016 PDC Energy said it would buy two privately held companies for about $1.5 billion to add acreage in the Delaware Basin in Texas.
ConocoPhillips Confirms FAR Holds Pre-Emption Right for Senegal Project
Tuesday, August 23, 2016 ConocoPhillips confirms that Australia's FAR holds a right of pre-emption over the former's sale of its stake in Senegal to Woodside for up to $430 million.
Singapore's Sembcorp Marine Acquires Norway's LMG Marin for $20M
Monday, August 22, 2016 Singapore’s Sembcorp Marine acquires Norwegian naval architectural firm LMG Marin for $20 million.
Russian Oil Firm Sale Delay Seen Reflecting Kremlin Pre-Election Unease
Thursday, August 18, 2016 The Russian government's move to delay the sale of a stake in the Bashneft oil firm reflects Kremlin unease before the elections.
SPIE, Sparrows Group Form Oilfield Services Alliance
Thursday, August 18, 2016 Engineering firm Sparrows Group and SPIE Oil & Gas Services sign a global agreement to work in collaboration to support the energy sector.
MMHE, EPIC Form JV to Provide Ship Repair Services at Kemaman in Malaysia
Wednesday, August 17, 2016 Malaysia Marine and Heavy Engineering (MMHE) and Eastern Pacific Industrial Corp. (EPIC) form a joint venture company to provide ship repair services at Kemaman, Terengganu, Malaysia.
Russia's Yamal LNG Gets 780 Million Euros In July From Chinese Loans
Tuesday, August 16, 2016 The Novatek-led Yamal LNG project in Russia received financing in July worth about $878 million from China Development Bank and Export-Import Bank of China.
Private Equity-Backed Siccar Point Makes First North Sea Oil Deal
Tuesday, August 16, 2016 Oil and gas venture Siccar Point acquires an 8.9% stake in the UK North Sea Mariner field from JX Nippon, the private equity-backed firm's first acquisition.
Only Special Russian Decree Could Bar Rosneft From Bashneft Sale
Monday, August 15, 2016 Russia's Economy Ministry advises Prime Minister Dmitry Medvedev he would have to issue a special decree if he wants to bar Rosneft from the privatization of a mid-sized energy group.
Europa Oil & Gas Completes Shale Petroleum UK Acquisition
Monday, August 15, 2016 Europa Oil & Gas (Holdings) plc completes the acquisition of Shale Petroleum (UK) Limited for a nominal consideration of $1.29 (GBP 1).
GE, LTHE Ink MOU to Manufacture Subsea Manifolds for India's DW Projects
Friday, August 12, 2016 GE inks a memorandum of understanding with L&T Hydrocarbon Engineering (LTHE) for the manufacture of subsea manifolds for deepwater projects in India.
PBFX Announces Intent to Acquire Torrance Valley Pipeline Stake
Friday, August 12, 2016 PBFX enters into a letter of intent to acquire a 50% interest in Torrance Valley Pipeline Company LLC from an affiliate of PBF Energy Inc. for a total consideration of approximately $175 million.
Subsea 7 Acquires Swagelining Limited
Wednesday, August 10, 2016 Subsea 7 S.A. acquires Swagelining Limited in an effort to further expand its existing polymer pipeline technology interests.
Bashneft Stake Valued At Up To 315B Rbls For Privatization
Friday, August 05, 2016 The stake in Russian oil company Bashneft which is slated for privatization has been valued at between $4.54-4.82 billion.
Russia Sticks To Estimates Of 20-30% Premium To Bashneft Mkt Cap
Friday, August 05, 2016 Russia's Economy Ministry is sticking to its earlier estimates that the government's stake in mid-sized oil producer Bashneft must be sold at a 20-30% premium to its market value.
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