Acquisition


All posts for Acquisition

Total Acquires a 16.33% Stake in the Waha Concessions in Libya

Paris - Total has acquired Marathon Oil Libya Limited which holds a 16,33% stake in the Waha Concessions in Libya. This acquisition will give Total access to reserves and resources in excess of 500 million barrels of oil equivalent, with immediate production of around 50.000 barrels of oil equiva ...

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Posted 1 year agoPress > TotalAcquisitionLibya +3

Subsea 7 Announces Agreement to Acquire Siem Offshore Contractors

Luxembourg – 1 March 2018 - Subsea 7 S.A. (Oslo BØrs: SUBC, ADR: SUBCY) today announced that it has signed an agreement to acquire Siem Offshore Contractors GmbH (“Siem Offshore Contractors”) and two vessels, subject to competition clearance in Germany. The acquisition will include the entire iss ...

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Posted 1 year agoPress > Subsea 7AcquisitionOffshore +2

Suncor Energy Closes Purchase of Additional Interest in Syncrude

All financial figures are in Canadian dollars, unless otherwise noted CALGARY, Alberta, Feb. 26, 2018 (GLOBE NEWSWIRE) -- Suncor today announced it has closed the transaction to purchase a 5% interest in Syncrude from Mocal Energy.    The US$730 million, or approximately Cdn$925 million, purchas ...

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Posted 1 year agoPress > Suncor EnergyAcquisitionSyncrude +2

Eco (Atlantic) Oil & Gas - Acquisition of the Minority Interest in Eco's Guyana Subsidiary

Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX-V: EOG) , the oil and gas exploration company with licenses in highly prospective regions in South America and Africa, is pleased to announce that Eco (Guyana) Oil and Gas (Barbados) Ltd. (“ Eco Barbados ”), a wholly owned subsidiary of the Company, has ...

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Posted 1 year agoPress > Eco AtlanticAIMGuyana +2

Acquisition Adds Valves Value For EnerMech

EnerMech is expanding its valves division with the acquisition of the UK valves business of Denholm Valvecare (DV). The global integrated engineering services group has acquired the UK trade and assets of the valves division of family-owned Denholm Oilfield Services for an undisclosed sum. EnerMe ...

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Posted 1 year agoPress > EnerMechAcquisitionDenholm Valvecare +2

Diversified Gas & Oil - Proposed Acquisition and Placing

Proposed Acquisition of Alliance Petroleum Corporation and certain gas and oil assets in the Appalachian Basin Placing of 166,400,000 new Ordinary Shares of 1 pence each at 80 pence per Ordinary Share Diversified Gas & Oil PLC (AIM: DGOC), a US based gas and oil producer, is pleased to anno ...

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Posted 1 year agoPress > AIMDiversified Gas & OilDGOC +3

ExxonMobil Acquires Exploration Acreage Offshore Ghana

ExxonMobil  has announced that it has signed a petroleum agreement with the government of Ghana to acquire exploration and production rights for the Deepwater Cape Three Points block. The agreement is subject to parliamentary ratification. Exploration activities, including acquisition of seismic ...

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Posted 1 year agoPress > ExxonMobilexplorationAcquisition +3

Vitol Agrees to Acquire Noble Americas

Vitol US Holding Co. (“Vitol”) has agreed to acquire Noble Americas Corporation (“Noble Americas”) subject to certain conditions precedent. A copy of the Noble Group Limited press release relating to the transaction can be found here . Andrews Kurth Kenyon LLP acted as legal advisor to Vitol. Vi ...

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Posted 1 year agoPress > VitolVitol US HoldingNoble Americas +1

Sparrows Group Announces Acquisition of Wind Energy Specialist Alpha Offshore Service

Sparrows Group has cemented its position in the renewables sector with the acquisition of Danish wind energy specialist Alpha Offshore Service A/S. Already a supplier of capital equipment to the wind energy industry, the deal significantly strengthens the group's operations and maintenance capabil ...

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Posted 1 year agoPress > Sparrows GroupUnited KingdomNorth Sea +3

OMV Closes Purchase of 40% Stake in SMATRICS

OMV, the international, integrated oil and gas company, headquartered in Vienna, has today closed the purchase of 40% in SMATRICS, Austria's leading complete provider for all services related to electro mobility, having fulfilled the pre-agreed conditions including approval from the authorities ...

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Posted 1 year agoPress > OMVAustriaSMATRICS +1

ExxonMobil Acquires Exploration Acreage in Three Mauritania Offshore Blocks

IRVING, Texas--( BUSINESS WIRE )-- ExxonMobil today announced that its wholly owned affiliate, ExxonMobil Exploration and Production Mauritania Deepwater Ltd., has signed production sharing contracts with the government of Mauritania for three deepwater offshore blocks. “These blocks further enha ...

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Posted 1 year agoPress > ExxonMobilExxonMobil ExlorationProduction Mauritania Deepwater +3

Acteon Completes Purchase of Viking Seatech Group

Subsea services group Acteon is today announcing that it has enhanced its moorings capabilities by completing the purchase of the Viking Seatech Group. The announcement follows regulatory approval for Acteon to acquire Viking Seatech while selling Mirage Machines to Actuant, a US corporation. Pau ...

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Posted 1 year agoPress > ActeonVikingSeaTechAcquisition

Ashurst Advises Serica Energy on Acquisition of BP's Interests in the Bruce, Keith and Rhum Fields in the North Sea

Ashurst is advising oil and gas exploration and production company Serica Energy plc on its acquisition of BP's interests in the Bruce, Keith and Rhum fields in the North Sea and associated infrastructure. The board of Serica believes that the acquisition will be transformational for the Company, p ...

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Posted 1 year agoPress > BPNorth SeaSerica Energy +4

ONGC Videsh Acquires 15% Interest in Eco Atlantic’s PEL 0030 “Cooper Block”, Offshore Namibia

Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX-V:EOG), is delighted to announce that ONGC Videsh, through its wholly owned subsidiary ONGC Videsh Vankorneft Pte. Ltd. (“OVVL”), has entered into agreement with Tullow Namibia Limited (“Tullow”) whereby OVVL will acquire a 15% working interest in the ...

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Posted 1 year agoPress > ONGC VideshAcquisitionEco Atlantic +6

Range: Termination of Proposed Acquisition of West Coast Assets

As announced on 11 August 2017, Range entered into a binding sale and purchase agreement (“SPA”) to acquire certain producing assets in Trinidad from a wholly owned subsidiary of Trinity Exploration and Production plc (“Trinity”). Completion of the acquisition was conditional (amongst other things) ...

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Posted 1 year agoPress > RangeWest CoastTrinity Exploration & Production +2