News Topics: Company Mergers, Acquisitions, & JVs
Results40 articles shown
AWE Completes Purchase of Additional Interest in Tui Project in PMP 38158
Monday, December 09, 2013 AWE Limited completes acquisition of additional interest in the Tui Area Oil Project in Petroleum Mining Permit 38158 off New Zealand.
Rosneft, Statoil To Set Up Russian Shale Oil Venture
Friday, December 06, 2013 Rosneft and Statoil agreed to set up a joint venture to assess the viability of shale oil production in Russia's Samara region, the firms say.
Brazil Signs Agreement With Oil Consortium
Monday, December 02, 2013 Brazil signs an agreement with a consortium of companies to develop an offshore field under the production-sharing regime that gives the federal, state and municipal govts a 75% stake of the oil extracted.
Ukraine Signs Oil, Gas Deal With Eni And EDF, Sees $4B Investment
Wednesday, November 27, 2013 Ukraine signs an offshore production-sharing agreement with Eni and EDF, and Kiev's energy minister estimates the project could draw up to $4 billion of investment.
Sources: Gulf Consortium in Talks to Buy Dubai Oil Services Firm
Wednesday, November 27, 2013 A group of Gulf investors led by Fajr Capital are in talks to buy Dubai-based oil services firm NPS Energy for up to $700 million, three sources aware of the matter say.
3Legs Resources And ConocoPhillips To Extend Polish Shale Gas Tests
Wednesday, November 27, 2013 3Legs Resources and ConocoPhillips will continue their joint pursuit of Polish shale gas after encouraging Baltic Basin test results, reviving the country's hopes of reducing its reliance on Russian gas.
ONGC, BHP Should Consider Collaboration in Exploring 9 Blocks in India
Wednesday, November 27, 2013 India's Petroleum Minister suggests that ONGC and BHP Billiton should consider forming a partnership to explore nine oil and gas blocks in the country after the firm recently relinquished the blocks.
Report: British Engineer Amec Eyeing Foster Wheeler Takeover
Wednesday, November 27, 2013 British engineer Amec is eyeing a takeover of engineering company Foster Wheeler AG in a potential deal that could create an $8 billion energy services group, The Times reports, citing sources.
Petro One, Goldstrike Team Up for Canada Drilling JV
Tuesday, November 26, 2013 Petro One and Goldstrike announce plans for a joint venture to drill a series of oil wells on leases controlled by Petro One in Southwestern Manitoba and Southeastern Saskatchewan.
Fugro to Acquire Australia's Advanced Geomechanics
Tuesday, November 26, 2013 Fugro agrees to acquire Australia-based geotechnical and geophysical engineering and consulting services company Advanced Geomechanics.
Spain's Repsol Has Initial Deal With Argentina On YPF
Monday, November 25, 2013 Repsol and Argentina reach a preliminary deal for the Spanish oil major to get paid for the 51 percent stake in YPF.
Report: Petrovietnam, India's ONGC Videsh Sign Oil Exploration Pact
Thursday, November 21, 2013 Petrovietnam and the overseas unit of Indian state explorer Oil and Natural Gas Corp have signed a memorandum on joint exploration of crude oil, the Vietnam News Agency reports.
Eni Agrees to Sell SeverEnergia Stake for $2.9B
Wednesday, November 20, 2013 Italy's Eni agrees to sell its stake in Russian gas producer SeverEnergia to Novatek and GazpromNeft.
Tangiers Provides Update on Permits WA-442-P, NT/P81 in Northern Australia
Wednesday, November 20, 2013 Tangiers Petroleum provides the latest developments on the company's offshore permits WA-422-P abd NT/P81 in the Joseph Bonaparte Gulf in northern Australia.
Cepsa to Acquire Coastal Energy for $2.2B
Tuesday, November 19, 2013 Cepsa enters into an agreement to acquire Southeast Asian-focused Coastal Energy for $2.2 billion.
Document: Gazprom Neft, Novatek May Buy More of SeverEnergia
Tuesday, November 19, 2013 Gazprom Neft and Novatek consider increasing their stake in gas producer SeverEnergia.
Spokesman: Mexico's Slim Not Looking at Repsol Stake
Tuesday, November 19, 2013 Pemex wants billionaire Carlos Slim to buy 10 percent of Repsol and join it in a new investor alliance in the Spanish oil major.
Saipem Shares Up on Report Seadrill May Buy Offshore Arm
Monday, November 18, 2013 Saipem is interested in buying Seadrill's offshore drilling business, according to an Italian newspaper.
Seadrill Agrees to Buy Prospector 3 Business
Friday, November 15, 2013 Seadrill agrees to buy the business that owns the yard construction contract for the new-build, high-spec Prospector 3 jack-up rig.
Rex International Completes Transactions Relating to its JV in Rexonic
Thursday, November 14, 2013 Rex International Holdings completes transactions relating to its joint venture in the Swiss-incorporated Rexonic AG with Ogsonic AG.
Pavilion Energy to Buy Stake in Tanzania Blocks for $1.29B
Thursday, November 14, 2013 Ophir Energy inks agreement to sell a 20 percent stake in Blocks 1, 3 and 4 off Tanzania to Singapore's Pavilion Energy for $1.288 billion.
Heritage Sets up Southern Nigerian Joint Venture
Wednesday, November 13, 2013 Heritage Oil has entered into a deal to establish an indigenous Nigerian oil company, Petrobay Energy, which will be focused on assets in Bayelsa state in the south of the country.
Rosneft, Partners Plan to Develop Engineering Cluster in Russian Far East
Wednesday, November 13, 2013 Rosneft gets together with DSME and others to establish an engineering and shipbuilding cluster in the Russian Far East.
Vietnam Extends Block 15-2 PSC in the Cu Long Basin by 5 Years
Wednesday, November 13, 2013 JX Nippon Oil & Gas Exploration Corporation reports that the Block 15-2 Production Sharing Contract in the Cu Long Basin off Vietnam has been extended for five years.
Russia's Gazprom, Rosneft Agree Raft of Energy Deals with Petrovietnam
Tuesday, November 12, 2013 Rosneft is to allow Petrovietnam to explore for hydrocarbons in the Pechora Sea after a raft of deals between Russian firms and the Vietnamese state energy company.
Petronas Nears Deal to Sell Canada Shale Stake to Indian Co
Tuesday, November 12, 2013 Petronas is close to selling a stake in its Canadian shale gas assets to an Indian company as it looks to share some of the costs of bringing cheap liquefied natural gas from North America to energy-hungry Asia.
BG Completes Deals to Sell Additional Interests in QCLNG Project to CNOOC
Monday, November 11, 2013 BG completes transactions with China National Offshore Oil Corporation to sell additional interests in the Queensland Curtis liquefied natural gas project in Australia for $1.93 billion.
Total, Anadarko, CNR To Spend Up To $300M On Ivory Coast Blocks
Wednesday, November 06, 2013 Total with partners Anadarko and CNR will spend up to $300 million to drill exploration wells on three offshore blocks in Ivory Coast in 2014, the head of Total's local unit says.
SEA9 Offers to Acquire Subsea Solutions Provider Kreuz for $358.4M
Wednesday, November 06, 2013 SEA9, a unit of The Headland Private Equity Fund, makes a proposed offer to acquire integrated subsea solutions provider Kreuz Holdings for $358.4 million.
Viking Joins SEI in Construction of a $180M Jackup at CMHI Yard in China
Tuesday, November 05, 2013 Viking Offshore & Marine takes a 30 percent stake in Smart Earl Investment, which is building a jackup, worth $180 million, at China Merchant Heavy Industries' yard in China.
Tethys to Sell 50% Stake in its Kazakhstan Oil, Gas Assets to SinoHan
Monday, November 04, 2013 Tethys Petroleum inks agreement to sell 50 percent of its oil and gas assets in Kazakhstan to Beijing-based private equity fund SinoHan Oil and Gas Investment for an initial payment of $75 million.
Linn Energy to Pay $600M More for Berry Petroleum
Monday, November 04, 2013 Linn Energy raises its purchase price for Berry Petroleum Co by $600 million to $4.9 billion.
Lakes Oil, CSOLPE Sign MOU to Explore Joint Gas Development in Gippsland
Monday, November 04, 2013 Lakes Oil and Sinopec's unit China Shengli Oilfied Longxi Petroleum Engineering Company sign a memorandum of understanding to explore joint development of Lakes Oil's permits in Gippsland to supply gas in the region.
Russian Energy Firms Up Bid for Italy's Eni, Enel Share in Gas Producer
Thursday, October 31, 2013 Russian energy companies Novatek and Gazprom Neft are ready to raise their offer to $4.9 billion and fight Rosneft for gas assets owned by Italy's Eni and Enel, a newspaper reported on Thursday.
Rex to Pay for Two-Third Stake in JV Firm Rexonic with Cash, New Shares
Tuesday, October 29, 2013 Rex International Holdings pays for a two-third stake in an oil technology joint venture company Rexonic with cash and new shares.
Newfield Sells Malaysian Offshore Busines
Tuesday, October 22, 2013 The company expects to close the $898 million cash deal in early 2014.
Total Wins 20% Share in Libra Supergiant Field
Tuesday, October 22, 2013 A consortium of companies including Total has been awarded a 35-year production sharing contract to develop Brazil's supergiant Libra field.
TGGT Group Sold to Azure Midstream Energy
Thursday, October 17, 2013 BG Group sells Texas and Louisiana-based TGGT to Azure Midstream Energy.
CEO: S.Korea's KOGAS Considering Selling 5-10% Stake in LNG Canada
Tuesday, October 15, 2013 KOGAS is considering selling a portion of its stake in the LNG Canada project, according to the firm's chief executive.
CEO: Lukoil Looking to Expand Asian Business
Monday, October 14, 2013 The chief executive of Russia's Lukoil says it is looking for Chinese partners as it tries to expand its business in East Asia.