News Topics: Company Mergers, Acquisitions, & JVs
Results50 articles shown
Vallianz Acquires Offshore Manpower Services Firm OER for $27.7M
Wednesday, October 01, 2014 Vallianz Holdings acquires Singapore-based OER Holdings, an offshore industry manpower services provider, for $27.7 million.
Penspen Acquires DPS Engineering, Gains Access to FPSO Market in Asia
Tuesday, September 30, 2014 Penspen acquires the engineering division of DPS Group to grow its business, especially in the floating production storage and offloading construction market in Asia Pacific.
Petronas Inks Agreements with Pemex, YPF to Grow Business in Americas
Monday, September 29, 2014 Petronas inks agreements with Pemex and YPF to grow its business in the Americas.
Nam Cheong Invests $31M in BBR to Further Expand into Indonesian Market
Monday, September 29, 2014 Nam Cheong invests $30.7 million in Indonesian ship owning and chartering firm PT Pelayaran Nasional Bina Buana Raya Tbk (BBR) to enter into Indonesia's oil and gas market.
Encana Buying Athlon Energy For $5.93 Billion
Monday, September 29, 2014 Encana is buying Athlon Energy Inc. for $5.93 billion in an effort to boost is oil production by tapping into Texas's booming Permian Basin.
BHP Billiton, PEMEX Sign Technical Exchange Agreement
Friday, September 26, 2014 BHP Billiton and PEMEX sign an agreement for the exchange of oil and gas technical knowledge, experiences and practices.
San Miguel Sees Bank Unit Sale Soon, Eyes Overseas Oil and Gas Deal
Wednesday, September 24, 2014 The Philippines' most diversified conglomerate, San Miguel Corp is in talks to sell its unlisted banking unit soon, while eyeing an overseas oil and gas buy, as it strengthens its portfolio after a soured airline investment.
Vallianz's Subsidiary to Acquire Shipyard in Batam, Indonesia for $15.6M
Tuesday, September 23, 2014 Vallianz Holdings' unit Vallianz Shipbuilding & Engineering signs agreement to acquire a shipyard in Batam, Indonesia for $15.6 million.
Risco Energy to Acquire Galoc Oil Field Operator GPC for $101.4M
Monday, September 22, 2014 Risco Energy inks $101.4 million deal to acquire Galoc Production Company, which has a 33 percent operating interest in Galoc oil field in Service Contract 14C offshore the Palawan in the Philippines.
Siemens To Buy Dresser-Rand To Tap US Shale Gas Boom
Monday, September 22, 2014 Siemens agrees to buy US oilfield equipment maker Dresser-Rand Group for $7.6 billion in a move that would significantly boost its oil and gas business in North America.
Minister: Asian Firms To Replace Western Energy Majors If They Leave Russia
Monday, September 22, 2014 Asian companies will replace Western majors if they quit energy projects in Russia due to sanctions over Moscow's role in Ukraine, Natural Resources Minister Sergei Donskoi said.
Ambitious US Pipeline Firm Buckeye Quietly Makes Key Acquisition
Wednesday, September 17, 2014 Buckeye Partners spends more than $3.5 billion buying assets to transform itself from a regional pipeline utility into an emerging energy powerhouse.
Thailand's BCPE Gains Majority Ownership of Takeover Target Nido Petroleum
Tuesday, September 16, 2014 Thai refiner Bangchak Petroleum's unit BCPE gains majority ownership of its takeover target Nido Petroleum.
Keppel's Unit KSI Completes Acquisition of 10% Stake in Golar Hilli
Monday, September 15, 2014 Keppel Corporation's indirect subsidiary KSI Production completes acquisition of a 10 percent stake in Golar Hilli.
Drillsearch Gains Control of 89.1% Shares in Ambassador Oil & Gas
Monday, September 15, 2014 Drillsearch gains control of 89.1 percent of Ambassador Oil & Gas shares and moves closer to compulsory acquisition of the latter's remaining shares.
Neon Energy Recommends Shareholders to Ignore Evoworld's Takeover Bid
Friday, September 12, 2014 Australia's Neon Energy recommends shareholders to ignore Evoworld's takeover bid at this time.
CEO: Subsea 7 Keen on Taking Part in Sector Consolidation
Thursday, September 11, 2014 Subsea 7 would be keen to participate in oil and gas service industry consolidation but is not involved in any current deals.
Mosman Updates on Operations at NZ Upstream Assets, Company Acquisitions
Thursday, September 11, 2014 Mosman Oil & Gas provides updates on operations at its New Zealand upstream assets and acquisitions of Trident Energy and OilCo.
Statoil, Petronic Aim to Explore Offshore Nicaragua
Thursday, September 11, 2014 Norway's Statoil signs a deal with local firm Petronic in order to find ways to explore for oil and gas off Nicaragua's Pacific coast.
Jurong Shipyard Inks $21M Deal to Acquire SSP Offshore's Business Assets
Thursday, September 11, 2014 Jurong Shipyard inks $21 million agreement with SSP Offshore to acquire substantially all the latter's business assets.
Evoworld Makes Unsolicited Proportional Takeover Bid for Neon Energy
Wednesday, September 10, 2014 Evoworld makes unsolicited proportional takeover bid for Australia's Neon Energy.
WorleyParsons to Acquire MTG to Expand Global Advisory Business
Wednesday, September 10, 2014 WorleyParsons agrees to acquire US-based management consulting company MTG as it expands its global advisory business.
Wellsite Rental Services, DWS Join Forces in Marcellus, Utica Regions
Tuesday, September 09, 2014 Wellsite Rental Services is partnering with Deep Well Services (DWS) to serve the Marcellus and Utica regions.
Rosneft, Petrovietnam To Jointly Work On Shelf Blocks In Pechora Sea
Friday, September 05, 2014 Rosneft has agreed to set up a joint venture with Petrovietnam to develop two shelf blocks in the Pechora Sea in the Arctic off northwest Russia.
Keppel's Unit KSI Acquires 10% Stake in Golar Hilli
Friday, September 05, 2014 Keppel's unit KSI Production acquires a 10 percent stake in Golar Hilli, which has ordered the conversion of a floating liquefaction vessel at Keppel Shipyard.
ONGC Videsh, YPF Sign MOU to Cooperate in Hydrocarbon Sector
Thursday, September 04, 2014 ONGC Videsh and YPF sign a memorandum of understanding to cooperate in the hydrocarbon sector globally.
Mirach Energy's UNITEQ Inks Cooperation Deal with CNOOC's ENERTECH
Wednesday, September 03, 2014 Mirach Energy's wholly-owned unit UNITEQ inks cooperation agreement with CNOOC's subsidiary ENERTECH.
Dominion Resources, US Partners Sign $5B Pipeline Deal
Tuesday, September 02, 2014 Dominion Resources enters a joint venture with three other US energy companies for a $4.5-$5 billion pipeline that will ship natural gas to North Carolina and Virginia.
Baker Hughes Finalizes Deal for Weatherford Business
Tuesday, September 02, 2014 Baker Hughes and Weatherford close the previously announced purchase and sale of Weatherford's pipeline and specialty services business.
Samsung Heavy Industries to Merge with Samsung Engineering
Monday, September 01, 2014 Samsung Heavy Industries will merge with Samsung Engineering Co. to establish a total solution provider for shipbuilding and onshore and offshore services.
Blue Water Energy, Blackstone and GIC Invest $500M in Siccar Point Energy
Monday, September 01, 2014 Blue Water Energy, Blackstone Energy Partners and Singapore's sovereign fund GIC invest $500 million in new North Sea-focused exploration and production company Siccar Point Energy.
Drillsearch Energy Ups Stake in Ambassador Oil & Gas to 84.2%
Friday, August 29, 2014 Drillsearch Energy raises stake in Ambassador Oil & Gas to 84.2 percent, with two of its nominees appointed directors of the latter.
Italy Aims To Complete Eni, Enel Stake Sales By December
Thursday, August 28, 2014 Italy's government says it is on course to sell stakes in energy groups Enel and Eni by the end of the year.
EOC Owns Lewek Antares After Acquiring 50% Stake from KMPL for $18.3M
Thursday, August 28, 2014 EOC takes full control of Lewek Antares Shipping after acquiring 50 percent share in the firm from Konquest Marine for $18.3 million.
Argentina's YPF Reaches Deal With Petronas To Develop Shale Oil
Thursday, August 28, 2014 YPF reaches a deal worth $550 million with Petronas to develop shale oil in the vast Vaca Muerta formation.
Drillsearch Raises Stake in Takeover Target Ambassador Oil & Gas to 60.13%
Wednesday, August 27, 2014 Drillsearch Energy raised its interest in Ambassador Oil & Gas to 60.13 percent.
New Firm, Origo Exploration, Launches at ONS
Tuesday, August 26, 2014 Origo Exploration, a new oil and gas company focused on the Norwegian and UK continental shelves, launches at the ONS show after having raised $525 million from investors.
Keppel's Unit Disposes of 35% Stake in PetroVietnam Drilling Overseas Co.
Monday, August 25, 2014 Keppel Corporation's subsidiary Joy Pride Investments disposes of its 35% stake in PV Drilling Overseas Company.
Argentina's YPF Extends Energy Deal With China's Sinopec To 2027
Friday, August 22, 2014 YPF and a subsidiary of Sinopec Group agree to extend their joint oil exploration and development projects in the western Argentine province of Mendoza until 2027.
Rosneft Signs Collaboration Deal with Seadrill, NADL
Friday, August 22, 2014 Rosneft signs a framework agreement with Seadrill and North Atlantic Drilling that will see the companies collaborate on oilfield projects.
Ezra's Shareholders Approve Consolidation of EMAS Marine into EOC
Wednesday, August 20, 2014 Ezra's shareholders approve consolidation of EMAS Marine into associate company EOC and Singapore listing.
MPM-Nam Cheong JV Secures $27M Contract to Supply Accommodation Work Vessel
Tuesday, August 19, 2014 The Marco Polo Marine-Nam Cheong joint venture secures a $27 million five-year contract to provide an accommodation work vessel, which will be built by Nam Cheong.
Sanctioned Rosneft's Norway Work Goes Ahead With Statoil
Monday, August 18, 2014 Kremlin-controlled Rosneft said it is working with Statoil to search for oil and gas off Norway, partnering a Western company despite sanctions.
Triple Energy Inks MoU for BSP to Invest $6M in Firm's CSG Project in China
Thursday, August 14, 2014 Triple Energy inks memorandum of understanding with Blue Sky Power for the latter to invest up to $6 million in the firm and its coal seam gas project in China.
Ambassador Gives Update on Takeover Offer by Magnum Hunter, Drillsearch
Thursday, August 14, 2014 Ambassador Oil & Gas provides an update on the takeover offer by Magnum Hunter Resources and Drillsearch Energy.
Brightoil Petroleum Buys Anadarko's China Unit For $1.05B
Monday, August 11, 2014 Brightoil Petroleum buys Anadarko Petroleum Corporation's China unit for $1.05 billion in a major push into the upstream segment.
Kinder Morgan To Fold Units Into One Company In $70B Deal
Sunday, August 10, 2014 Kinder Morgan said it will put all its publicly traded units under one roof in a $70 billion deal, responding to investor concerns about its growth prospects and complicated financial structure.
MEO to Pare Stake in Tassie Shoal Methanol & LNG Projects Offshore NT
Thursday, August 07, 2014 MEO Australia to trim stake in its Tassie Shoal Methanol and liquefied natural gas projects proposed for offshore Northern Australia.
Horizon Oil Terminates Merger Implementation Deed with Roc Oil
Tuesday, August 05, 2014 Horizon Oil terminates the merger implementation deed with Roc Oil following the offer to acquire the latter by Fosun International.
Paragon Completes Spin-Off from Noble
Monday, August 04, 2014 Paragon Offshore completes its spin-off from Noble Corporation into a separate, publicly-traded company that owns and operates standard specification offshore drilling rigs.
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