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News Topics: Company Mergers, Acquisitions, & JVs

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Results32 articles shown

Ferguson Partners OPS-OES to Tap Business in Thailand's Oil, Gas Sector
Wednesday, March 04, 2015 Ferguson Group appoints OPS Oilfield Equipment and Services as its business partner in Thailand.

Total to Take Over as Operator of Papua New Guinea's PRL 15 JV
Monday, March 02, 2015 Total will take over as operator of petroleum retention license 15 in the Gulf Province, Papua New Guinea.

Russian Tycoon Clashes with Britain Over North Sea Deal
Monday, March 02, 2015 Russian billionaire Mikhail Fridman says he will buy a number of gas licenses in the North Sea despite British opposition, threatening legal action if London should force him to sell them on to a third party.

Mott MacDonald Partners Khudairi Group for Oil, Gas Projects in Iraq
Friday, February 27, 2015 Mott MacDonald partners Khudairi Group for oil and gas projects in Iraq.

Russell: PetroChina, Sinopec Merger Makes Little Sense
Friday, February 27, 2015 The market chatter over forming a giant Chinese oil major through merging PetroChina and Sinopec has ramped up again recently, but the motivations for such a deal struggle to stand up to scrutiny.

WSJ: Oil And Gas Producer Penn Virginia Looking To Sell Itself
Thursday, February 26, 2015 Oil and gas producer Penn Virginia Corp is considering selling itself, the Wall Street Journal reports, citing people familiar with the matter.

Gulf Keystone Says In Preliminary Talks Over Potential Sale
Wednesday, February 25, 2015 Gulf Keystone says it was in talks with a number of parties about a possible sale of the company or some asset transactions.

RIH Raises Indirect Stake in Cory Moruga Block in Trinidad & Tobago
Tuesday, February 24, 2015 Rex International Holdings completes acquisition of Parex Resources, raising the firm's indirect working interest in the Cory Moruga Block in Trinidad & Tobago.

Cue Energy Advises Shareholders to Reject NZOG's Takeover Offer
Tuesday, February 24, 2015 Cue Energy's directors advise company shareholders to reject the takeover offer by NZOG Offshore.

UT Jackson School of Geosciences Aims to Enhance Research in Mexico
Monday, February 23, 2015 UT Jackson School of Geosciences and UNAM agree to strengthen collaborations with each other to enhance research in energy, environment and sustainability in Mexico.

Russia's Eurasia Drilling Says Merger With Schlumberger Delayed
Friday, February 20, 2015 Eurasia Drilling says it was delaying a deal to sell a stake in the company to Schlumberger while it waited for approval from a Russian regulator.

Talisman Energy Shareholders Approve Repsol's $8.3B Offer
Wednesday, February 18, 2015 Talisman Energy common shareholders vote to approve an $8.3 billion offer for the Canadian oil and gas producer from Repsol SA.

Otto Energy Completes Sale of Galoc Production Co. Stake to Nido for $106M
Tuesday, February 17, 2015 Otto Energy completes sale of its interest in Galoc Production Co. to Nido Petroleum for around $106 million.

Australia's Cue Energy Rejects NZOG's Unconditional Takeover Offer
Thursday, February 12, 2015 Cue Energy rejects the unconditional takeover offer by New Zealand Oil & Gas for the company.

ICC Arbitration Panel Declares Total a Party to PRL 15 JVOA in PNG
Wednesday, February 11, 2015 The International Chamber of Commerce arbitration panel declares Total a party to the Petroleum Retention License 15 Joint Venture Operating Agreement in Papua New Guinea.

Searcher Partners DownUnder GeoSolutions in NWS Seismic Project
Tuesday, February 10, 2015 Searcher Seismic partners DownUnder GeoSolutions in Western Australia's North West Shelf seismic project.

Source: Italy's Edison Suspends Talks to Buy Two Israeli Gas Fields
Monday, February 09, 2015 Italy's Edison is reconsidering buying two Israeli gas fields due to rising regulatory uncertainty and negotiations have already been suspended, a source at the company says.

Wintershall Says Sticks with Gazprom Gas Ventures
Monday, February 09, 2015 Wintershall is holding on to all the activities it shares with Russia's Gazprom, despite having given up a planned gas assets swap deal in light of geopolitical tensions, its chief executive says.

Providence Boosts Spanish Point Stake with Chrysaor Acquisition
Monday, February 09, 2015 Providence Resources boosts its holding in the Spanish Point project by buying Chrysaor E&P Ireland Limited.

Oil Firm Det Norske to Book 4Q Impairment Charge
Friday, February 06, 2015 Det norske books a 4Q 2014 impairment charge connected to its acquisition of Marathon Oil's Norwegian business.

Petrofac Wins Two Deals with Algeria's Sonatrach
Friday, February 06, 2015 Petrofac wins two strategic services agreements with Algerian state-owned oil firm Sonatrach.

MEO Cuts Costs, Rejects Mosman Oil and Gas' Revised Takeover Proposal
Friday, January 30, 2015 MEO Australia implements cost cutting measures and rejects a revised takeover proposal from Mosman Oil and Gas.

Chevron Teams Up with BP, ConocoPhillips in GOM Leases
Wednesday, January 28, 2015 Chevron announces it will work with BP and ConocoPhillips to explore and appraise 24 jointly-held offshore leases in the northwest portion of Keathley Canyon in the deepwater Gulf of Mexico.

Arawak Terminates MENA Strategic Cooperation Agreement with Gulfsands
Monday, January 26, 2015 Arawak Energy terminates strategic cooperation agreement with Gulfsands Petroleum for the Middle East and North Africa.

Champlain Group Acquires Kane Kompany
Monday, January 26, 2015 CG completes the strategic acquisition of The Kane Kompany, Inc.

Cue Energy Talks About Impact of Low Oil Price, NZOG's Involvement in Firm
Friday, January 23, 2015 Cue Energy informs shareholders about the impact of the sharp fall in oil price on the company and the emergence of New Zealand Oil and Gas as a major shareholder in the firm.

SKILLED Spurns Merger Proposal from Programmed Maintenance Services
Thursday, January 22, 2015 Australia's SKILLED Group spurns merger proposal from Programmed Maintenance Services.

MEO Tells Shareholders to Wait for its Recommendation on Mosman's Takeover
Tuesday, January 20, 2015 MEO Australia advises shareholders to refrain from acting on Mosman Oil and Gas's improved takeover offer for the firm pending its formal recommendation.

Gas2Grid Commences Technical Program at Malolos Oil Field in Philippines
Wednesday, January 14, 2015 Gas2Grid commences technical program to appraise and develop the Malolos oil field in Cebu, Philippines, while seeking a partner for the project.

Northcote Doubles Shoats Creek Stake with NAP USA Acquisition
Wednesday, January 14, 2015 US onshore-focused junior Northcote Energy agrees to buy NAP USA, increasing its interest in the Shoats Creek and Zink Ranch fields.

Sumatec Reduces Acquisition Price for Borneo Energy by $60M to $290M
Tuesday, January 13, 2015 Sumatec cuts acquisition price for Borneo Energy by $60 million to $290 million, with the purchase giving the former access to two oilfield in Kazakhstan, according to local media reports.

Alam Maritim, Vallianz Form JV Firm to Expand OSV Business in Malaysia
Tuesday, January 06, 2015 Alam Maritim and Vallianz Holdings set up a joint venture firm in Malaysia to grow their offshore support vessel business.