Acquisition


All posts for Acquisition

Hibiscus Petroleum Berhad Proposed Acquisition

PROPOSED ACQUISITION OF A 50% INTEREST IN THE UNITED KINGDOM (“UK”) CONTINENTAL SHELF PETROLEUM PRODUCTION LICENCE NO. P.198 BLOCKS 15/13A AND 15/13B IN UK CENTRAL NORTH SEA BY ANASURIA HIBISCUS UK LIMITED, AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF HIBISCUS PETROLEUM, FOR A TOTAL CASH CONSIDERATI ...

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Posted 1 year agoPress > AcquisitionUnited KingdomUK North Sea +6

TEXO Group Acquires CFS Offshore Engineering Ltd and is Set to Double in Size

Texo Group is pleased to announce a further acquisition to bolster its already existing and expansive Fabrication capabilities, with the purchase of the majority shareholding of Hebburn-based, CFS Offshore Engineering Ltd. The engineering and technology group, which announced its launch in July is ...

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Posted 1 year agoPress > Texo GroupAcquisitionCFS Offshore +3

Acquisition Consolidating the Luno II and Edvard Grieg Ownerships

Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that its wholly-owned subsidiary Lundin Norway AS (Lundin Norway) has entered into an agreement with Equinor Energy AS (Equinor), under which Lundin Norway will acquire Equinor's entire 15 percent working interest in the Lundin Norway ...

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Posted 1 year agoPress > Lundin PetroleumEdvard Grieg fieldAcquisition +4

Husky Energy Commences Cash and Share Offer to Acquire MEG Energy

Husky Energy Inc. (TSX:HSE) (“Husky” or the “Company”) today announced that it has formally commenced its offer (the “Offer”) to acquire all of the outstanding common shares of MEG Energy Corp. (TSX:MEG) (“MEG”). The notice and advertisement of the Offer appear in the Tuesday, October 2, 2018 edit ...

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Posted 1 year agoPress > Husky EnergyShare OfferAcquisition +2

RockRose Energy - Completion of Dyas Acquisition

RockRose Energy Plc is pleased to announce the completion of the acquisition of Dyas B.V., a wholly owned subsidiary of SHV Holdings N.V. The effective date of the Dyas acquisition was 1st January 2018. On this basis pro-forma production for the year to date for the group was circa 11,000 boepd, s ...

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Posted 1 year agoPress > RockRose EnergyDyasSHV Holdings +1

Ørsted Completes Acquisition of Lincoln Clean Energy

Further to our company announcement issued on 9 August 2018 , Ørsted's acquisition of a 100% equity interest in Lincoln Clean Energy LLC ('LCE') from I Squared Capital has been completed today. Ørsted will create a new business unit, Onshore Wind, which will be reported as a separate segment. F ...

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Posted 1 year agoPress > OrstedAcquisitionLincoln Clean Energy +1

Vitol to Acquire 50% in Brazilian Downstream Company Rodoil

Vitol has agreed to acquire 50% of Brazilian downstream company Rodoil for an undisclosed sum. Rodoil is a market leader in the southern part of Brazil with a downstream network comprising some 300 branded service stations and a distribution business supplying an additional 1,400 plus service stat ...

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Posted 1 year agoPress > BrazilRodoilVitol +1

Equinor Acquires a 40% Stake in the Rosebank Project in the UK

Equinor has signed an agreement to acquire Chevron's 40% operated interest in the Rosebank project, one of the largest undeveloped fields on the UK Continental Shelf (UKCS). Once concluded, the transaction will strengthen Equinor's UK portfolio, which includes the Mariner development, attractive ...

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Posted 1 year agoPress > EquinorRosebank ProjectUnited Kingdom +5

Husky Energy Proposes to Acquire MEG Energy For $11 Per Share in Cash and Shares in Transaction Valued at $6.4 Billion

Delivers immediate 44% premium for MEG shareholders Opportunity to participate in Husky's dividend, currently yielding 2.2%, with potential for future increases Accretive to Husky's free cash flow, funds from operations and earnings while maintaining Husky's strong balance sheet and low-ris ...

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Posted 1 year agoPress > AcquisitionHusky EnergyMEG Energy +1

Neptune Energy Group Completes Acquisition of VNG Norge AS

Neptune Energy Group (“Neptune Energy” or “the company”) today announces the closing of the acquisition of VNG Norge AS (“VNG Norge”), as signed on 28 June. The transaction adds three producing fields, two development projects and 42 licences to Neptune Energy's existing portfolio, consolidating ...

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Posted 1 year agoPress > Neptune EnergyAcquisitionVNG Norge +2

Canadian Natural Resources Limited Announces Completion of the Extension Period to Acquire All Issued and Outstanding Shares of Laricina Energy Ltd.

Canadian Natural Resources Limited (“Canadian Natural" or the "Company") announces that Canadian Natural's offer to acquire all of the issued and outstanding common shares (the “Laricina Shares") of Laricina Energy Ltd. (“Laricina”) for $0.0815 per Laricina Share by way of a take-over bid (the "Off ...

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Posted 1 year agoPress > AcquisitionCanadian Natural ResourcesCanadian Natural +1

Verus Announces Signing of SPA for the Acquisition of Cieco Exploration & Production (UK) Limited

Verus Petroleum has announced today 20 September 2018, that it has signed a Sale & Purchase Agreement (SPA) for the acquisition of Cieco Exploration & Production (UK) Limited, a wholly owned subsidiary of ITOCHU Corporation. The consideration is $400 million (USD) with an economic date of 1 Januar ...

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Posted 1 year agoPress > VerusAcquisitionCiero Exploration & Production +4

SDX Energy - Recent Press Speculation

SDX Energy Inc. (TSXV, AIM: SDX), the North Africa focused oil and gas company, notes the recent press speculation relating to the Company. The Board confirms that it is in discussions for the acquisition of a significant package of assets in Egypt from BP (the “Acquisition”). The Acquisition woul ...

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Posted 1 year agoPress > AIMTSXSDX Energy +3

Eco (Atlantic) Oil & Gas - Acquisition of Outstanding Minority Interest in PAO Namibia, Holder of Tamar Block

Acquisition of outstanding minority interest in PAO Namibia, holder of Tamar Block Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX-V: EOG), the independent oil and gas exploration company with licences in highly prospective regions in Guyana and Namibia, is pleased to announce that, through its who ...

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Posted 1 year agoPress > EcoEco AtlanticEco Atlantic Oil & Gas +7

Total: Results of the Public Tender Offer of Total on Direct Energie

Paris, September 20, 2018 – Following completion on July 6, 2018 of the acquisition of a 73.04% stake in the share capital of Direct Energie at €42 per share, Total welcomes the results of the public tender offer published by the Autorité des marchés financiers (AMF) yesterday, showing that Total ...

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Posted 1 year agoPress > TotalTender OfferDirect Energie +1