News By Topic
- Analysis & Trends
- Capital Budget Annoucements
- Commodity Prices
- Company Mergers, Acquisitions, & JVs
- Data Driven
- Drilling / Rig
- Earnings Reports
- Education and Training
- Engineering & Science
- Field Development
- Govt & Regulatory
- Health, Safety & Environment
- LNG & Trends
- New Products & Services
- Oil Sands
- Oilfield Services
Results 50 articles shown
UKCS Player Signs $400MM Acquisition Agreement
Friday, September 21, 2018 Verus Petroleum signs an agreement for the acquisition of Cieco Exploration & Production (UK) Limited, a wholly owned subsidiary of ITOCHU Corporation.
Pemex Signs Landmark Offshore Deal
Friday, September 21, 2018 Pemex and a three-way JV have struck what is reportedly the first pre-unitization agreement ever signed in Mexico.
Riverstone is Planning $900MM Sale of Abaco Energy
Wednesday, September 19, 2018 Riverstone Holdings is preparing to sell oilfield services equipment company Abaco Energy Technologies, which could fetch about $900 million, according to people with knowledge of the matter.
Gazprom Neft Joins Forces with CNPC to Develop EOR Tech
Thursday, September 13, 2018 Gazprom Neft announces that it has joined forces with China National Petroleum Corporation to develop enhanced oil recovery technologies.
OMV Intends to Acquire 50 Percent Stake in Sapura Upstream
Wednesday, September 12, 2018 OMV announces Wednesday that it intends to acquire a 50% interest in Sapura Energy Berhad's wholly owned subsidiary, Sapura Upstream Sdn Bhd.
Transocean Banks on Ultra-Deepwater Recovery with Ocean Rig Deal
Tuesday, September 04, 2018 Transocean and Ocean Rig's merger could wrap up early next year.
Talos Energy to Buy Whistler Energy in $52 Million Deal
Tuesday, September 04, 2018 The deal will result in Talos acquiring additional assets in the Central Gulf of Mexico.
Eclipse, Blue Mountain to Merge, Creating $1.4B Appalachia-Focused Company
Wednesday, August 29, 2018 Two E&P companies with heavy focus in the Utica and Marcellus have agreed to a merger.
Enbridge To Buy Spectra Energy For $3.3B
Friday, August 24, 2018 Enbridge says would buy its US master limited partnership Spectra Energy Partners for a sweetened deal of $3.3 billion.
Santos to Buy Quadrant Energy for $2.15B
Wednesday, August 22, 2018 Australia's Santos announces the acquisition of 100% of Quadrant Energy for $2.15 billion plus potential contingent payments.
Maersk to Pursue Separate Listing of Maersk Drilling
Friday, August 17, 2018 Maersk decides to pursue a separate listing of Maersk Drilling on Nasdaq Copenhagen A/S in 2019.
Billionaires Throw Weight Behind Oil Rally
Wednesday, August 15, 2018 The recovery in the oil industry is attracting some of the most recognized billionaires in money management.
Diamondback's Energen Acquisition Will Create Synergies in Permian
Wednesday, August 15, 2018 Diamondback's purchase of rival Energen signifies a move toward consolidation, according to Rystad Energy.
Diamondback To Buy Energen In $9.2B Deal To Boost Permain Presence
Tuesday, August 14, 2018 Diamondback Energy says it will buy Energen Corp in an all-stock deal valued at $9.2 billion.
Apache and Kayne Anderson Create $3.5B Pipeline Company in the Permian
Thursday, August 09, 2018 Apache is contributing its midstream assets to form a new pipeline company with investment firm Kayne Anderson.
Value of Canada M&A Deals Slumps Amid Oil Rally
Wednesday, August 08, 2018 Investors have been pushing Canadian energy companies to merge so they can cut costs and combine resources. That isn't going so well this year.
Australia's Quadrant, Carnarvon Hail 'Incredible' Oil Find in Sector Ripe f
Wednesday, August 08, 2018 Private equity firms are expected to drive a wave of merger activity in Australia's oil and gas sector, hunting for assets in a market with good access to China and southeast Asia.
Phase II of 'Prolific' UKCS Field Receives Full Sanction to Move Forward
Tuesday, August 07, 2018 The Buzzard Phase II project has received full sanction to move forward.
Sources: Saudi Aramco, Malaysia's Petronas Tap Banks for Jumbo Financing
Tuesday, August 07, 2018 Saudi Aramco and Petronas have approached banks to replace a short-term $8 billion loan raised earlier this year for a joint venture with long-term financing of approximately the same size.
Harvest Midstream to Purchase Assets from Williams for More than $1B
Tuesday, July 31, 2018 The deal is one of two made by Williams Cos. in the same day that will see Williams exiting the Four Corners region.
KKR, Williams to Buy Shale Pipe Operator for $1.2B
Monday, July 30, 2018 KKR & Co. and Williams Cos. agree to buy a Colorado pipeline and services provider from TPG Growth.
Saudi Aramco Weighing Global Bond Sale for First Time
Friday, July 27, 2018 If Aramco goes ahead with an international bond, the sale would force it to disclose its accounts to investors for the 1st time since nationalization 4 decades ago.
KCA Deutag, SOCAR AQS Reach Agreement to Form Joint Venture
Thursday, July 26, 2018 KCA Deutag reaches an agreement with SOCAR AQS to form a joint venture.
PwC: 2Q Sees Increase in M&A Deals; Downstream Leads in Value
Thursday, July 26, 2018 PwC's latest quarterly report reveals that downstream and midstream dominated the second quarter in terms of deal value.
Wren House Infrastructure to Acquire NSMP from ArcLight
Tuesday, July 24, 2018 An affiliate of ArcLight Capital Partners agrees to sell its entire interest in NSMP to Wren House Infrastructure Management Limited.
Saudi Aramco CEO: Deal for Sabic Would Affect IPO Timeline
Monday, July 23, 2018 Saudi Aramco signaled another potential delay for the world's largest initial public offering after it started talks this week to buy a stake in a local petrochemical company.
Largest Unconventional Shale Producer in Permian Basin Created
Friday, July 20, 2018 Concho Resources Inc completes its acquisition of RSP Permian Inc, creating the largest unconventional shale producer in the Permian Basin.
US Drilling Companies Announce Merger Agreement
Friday, July 20, 2018 Independence Contract Drilling Inc. and Sidewinder Drilling LLC have entered into a definitive merger agreement.
Report: Fewer M&A Deals in 1H 2018, but Higher Value
Friday, July 20, 2018 Though the number of deals in the Energy, Mining and Utilities sector were fewer in the first half of the year, overall deal value trickled up.
China Willing To Invest $3B In Nigerian Oil Operations - NNPC
Monday, July 16, 2018 China National Offshore Oil Corp is willing to invest $3 billion in its existing oil and gas operation in Nigeria, the Nigerian National Petroleum Corporation says.
Tidewater To Buy GulfMark As Offshore Drilling Eyes Recovery
Monday, July 16, 2018 Tidewater says it will buy smaller rival GulfMark Offshore in an all-stock deal to create a $1.25 billion company.
Total Completes Acquisition of Engie's Upstream LNG Business for $1.5B
Friday, July 13, 2018 Total completes the acquisition of Engie's portfolio of upstream liquefied natural gas (LNG) assets for an overall enterprise value of $1.5 billion.
CNPC To Sign Oil Exploration, Refining Pact With ADNOC This Month - Sources
Friday, July 06, 2018 CNPC is expected to sign a preliminary agreement with ADNOC later this month to invest in oil and gas exploration and refinery projects, sources with knowledge of the matter say.
Mexichem Agrees to Buy Pemex's Petroquimica Mexicana de Vinilo Stake
Friday, July 06, 2018 Mexichem said it would pay roughly $178.7 million for Pemex's 44.09 percent stake in the company.
New Decommissioning Leadership Group Formed
Wednesday, July 04, 2018 Decom North Sea forms a new Decommissioning Leadership Group.
Brazil's Petrobras, China's CNPC Sign Letter Of Intent
Wednesday, July 04, 2018 Petroleo Brasileiro SA says it has signed a letter of intent with China National Petroleum Corp (CNPC).
JERA Beefs Up Into Asian Trading Giant With EDF's LNG Business
Tuesday, July 03, 2018 Japan's JERA has bulked up into one of Asia's biggest energy traders.
Combined Concho-RSP Company 'Will Likely be in a Very Good Position'
Tuesday, July 03, 2018 With Concho Resources expected to complete its purchase of RSP Permian in 3Q, Rigzone looks at analyst views of the deal.
Eni Norge, Point Resources to Merge into Var Energi AS
Monday, July 02, 2018 Italy based energy company Eni and private equity investor HitecVision announce Monday an agreement to merge Point Resources AS into Eni Norge AS.
Decom Joint Venture Launches New Name
Friday, June 29, 2018 The 50:50 decommissioning joint venture between Maersk Drilling and Maersk Supply Service launches its new name.
India Rethinks Decision To Split Up Gas Utility Gail Ltd
Thursday, June 28, 2018 India is working on plans to enable gas utility GAIL to keep its marketing and pipeline operations separate without breaking up the company.
Saudi Aramco Signs Deal To Make Onshore Oil Rigs, Equipment
Thursday, June 28, 2018 audi Aramco signed a deal with National Oilwell Varco Inc. (NOV) to form a joint venture.
Atkins Secures New Framework Contract with BP Global Wells Organization
Monday, June 25, 2018 Atkins, a member of the SNC-Lavalin Group, secures a 5-year framework contract with the BP global wells organization for global riser analysis services.
Qatar May Increase Stake In Rosneft, But No Current Plans
Thursday, June 21, 2018 Qatar may consider increasing its stake in Rosneft at some point but there are no immediate plans to do so, Faisal Alsuwaidi, a Qatari representative on the Rosneft board of directors, says.
Baytex to Buy Raging River in $1.2B Oil Sands Deal
Monday, June 18, 2018 Baytex Energy Corp. agrees to buy rival western Canadian oil producer Raging River Exploration Inc.
Cox Oil to Buy Energy XXI Gulf Coast for $322 Million
Monday, June 18, 2018 Cox Oil snaps up Energy XXI Gulf Coast for $322 million, a 21% premium to its June 15 share price.
Source: Activist Fund Oasis Takes Stakes in Japan's Idemitsu & Showa Shell
Friday, June 15, 2018 Oasis Management has taken stakes in Japanese oil refiners Idemitsu Kosan Co Ltd and Showa Shell Sekiyu, keen to encourage a proposed merger that has been opposed by Idemitsu's founding family.
Albania's Albgaz and Italy's Snam Sign Gas Joint Venture Deal
Monday, June 11, 2018 Snam has signed a joint-venture deal with Albania's newly-created Albgaz to provide operational and maintenance services for gas pipelines in Albania, the Italian company said.
UK-Based Pryme Group Acquires Hydratron
Friday, June 08, 2018 Pryme Group, a UK-based service provider for the oil and gas industry, acquires Hydratron as part of its 'growth plans'.
Russia's Gazprom Says Loans 2.14B Euro To Turkstream Operator
Monday, June 04, 2018 Russian gas company Gazprom says it would loan up to 2.14 billion euros ($2.5 billion) to its subsidiary South Stream Transport B.V.