All posts for Acquisition

Subsea 7 Confirms USD 7.00 Per Share Proposal to Acquire McDermott

Subsea 7 has the ability to quickly execute a definitive agreement Subsea 7 made premium proposal providing substantial growth prospects, highly visible synergies and investment grade financial profile Luxembourg - April 23, 2018 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) confirms that it made ...

OilVoice Press - OilVoice

Posted 2 days agoPress > Subsea 7AcquisitionMcDermott

Virtus Oil and Gas Releases Financials With $14 Million in Assets

Virtus Oil and Gas Releases Financials With $14 Million in Assets PRESS RELEASE GlobeNewswire Apr. 19, 2018, 07:17 AM LAS VEGAS, April 19, 2018 (GLOBE NEWSWIRE) -- Virtus Oil and Gas Corporation (VOIL), has placed on the Company's website all financials current through November 2017. The Company no ...

Posted 6 days agoPress > Virtus Oil and GasParadox BasinOTCBB +11

Swire Oilfield Services Announces Acquisition of Specialist Aviation Service Company

Swire Oilfield Services, a leading global provider of offshore containers and oilfield services, announced today the strategic acquisition of specialist aviation service company Gordon Engineering Services (GES). The two companies will offer a combined end-to-end aviation service with the benefit ...

Alex Whyte

Posted 7 days agoPress > North SeaUnited KingdomSwire Oilfield Services +2

GP Global Completes Acquisition of MAG Lube LLC in the Middle East

GP Global Acquires Controlling Stake of MAG Lube LLC MAG Lube LLC Valued at $75m Acquisition positions GP Global as a leading lubricant manufacturer in the Middle East   11 April 2018:  GP Global (Formerly Gulf Petrochem Group) today announced that it has completed its acquisition of MAG Lube ...

OilVoice Press - OilVoice

Posted 14 days agoPress > GP GlobalMAG LubeMiddle East +1

Subsea 7 Announces Completion of Siem Offshore Contractors Acquisition

Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the completion of the acquisition of Siem Offshore Contractors GmbH ("Siem Offshore Contractors") and two vessels, the inter-array cable lay vessel Siem Aimery and the support vessel Siem Moxie, from the Siem Offshore Group. On completion, ...

OilVoice Press - OilVoice

Posted 14 days agoPress > Subsea 7Siem Offshore COntractorsAcquisition

Statoil Completes Acquisition of US Gulf of Mexico Deepwater Discovery

Statoil and Total have completed their acquisition of Cobalt International Energy's 60% operated interest in the North Platte discovery in the US Gulf of Mexico for an aggregate prurchase price of USD 339 million. The partners have jointly presented the winning bid for the asset in a bankrupt ...

OilVoice Press - OilVoice

Posted 14 days agoPress > StatoilTotalAcquisition +7

Australia's Bass Hungry for More Onshore Indonesian Oil Acquisitions After Record March Production from Sumatran Field

Release Date: 9 April 2018 Highlights Record March output as Indonesian oil field production lifts ~21% on February levels as a result of optimisation work Highest output since 2017 project acquisition Further uplift of 150-250 barrels of oil per day expected from Bunian-3 Tota ...

OilVoice Press - OilVoice

Posted 16 days agoPress > AustraliaBass Oilonshore +4

Concho's Acquisition of RSP Creates New Opportunities for Greater Efficiency

Map of Concho Resources and RSP Permian's Currently Producing Wells Sources: Kayrros Analysis, Texas RRC, New Mexico OCD New synergies arise through combining the two companies' acreage and technology Concho Resources ...

OilVoice Press - OilVoice

Posted 19 days agoPress > ConchoConcho ResourcesRSP +5

OMV and ADNOC Plan the Signing for the Acquisition of a 20% Interest by OMV in Two Offshore Oil Fields in Abu Dhabi by the End of April 2018

OMV and Abu Dhabi National Oil Company (ADNOC) agreed that OMV will acquire a 20 percent interest in the concession for the offshore oil fields Satah Al Razboot (with the satellite fields Bin Nasher and Al Bateel) and Umm Lulu as well as the associated infrastructure for a purchase price of USD ...

OilVoice Press - OilVoice

Posted 19 days agoPress > OMVADNOCAcquisition +3

DNO Announces Acquisition of Minority Shareholding in Faroe Petroleum

Oslo, 4 April 2018 - DNO ASA, the Norwegian oil and gas operator, today announced that it has agreed to acquire 15.37 percent of the share capital of Faroe Petroleum plc from Delek Group Ltd. The acquisition covers all Faroe Petroleum ordinary shares held by Delek, totaling 56,355,825, at a pri ...

OilVoice Press - OilVoice

Posted 21 days agoPress > DNOFaroe PetroleumNorway +4

Hibiscus Petroleum Completes Acquisition of North Sabah PSC From Shell

Hibiscus Petroleum secures second revenue stream with completion of the transaction to acquire 50% participating interests in the North Sabah PSC from Shell. Operatorship of the assets have been transferred from Shell to SEA Hibiscus. Significant boost in Hibiscus Petroleum's oil producti ...

OilVoice Press - OilVoice

Posted 22 days agoPress > AcquisitionHibiscus PetroleumNorth Sabah +3

$21.1bn in M&A Deals Were Announced in the Downstream Sector in 2017, Says GlobalData

A combined value of $21.1bn in mergers and acquisitions (M&A) were announced in the downstream sector in H2 2017, according to GlobalData, a leading data and analytics company.  The company's report: ‘ Bi-annual Downstream Deals Review – H2 2017 ' states that this was a decrease of 19 percent from ...

OilVoice Press - OilVoice

Posted 1 month agoOpinion > GlobalDataM&Adownstream +6

Whitebark Energy Announces Acquisition Approved

Adds 450boe/d and 4.1 million boe* to JV reserves 21st March 2018 Highlights: Acquiring oil and gas assets producing 450 boe/d in its existing area of focus in Central Alberta for the gross amount of A$1.9m1 (30% working interest for Whitebark). Adds 135 boe/d net to Whitebark, 30 ...

OilVoice Press - OilVoice

Posted 1 month agoPress > Whitebark EnergyAcquisitionCentral Alberta +4

Matra Petroleum Agrees to Acquire Producing Oil and Gas Reserves and Secure Financing for 2018 Drilling Program

Matra Petroleum AB ("Matra") and entities controlled by Melody Capital Partners, LP ("Melody") have signed a non-binding term sheet under which Matra will acquire 22 oil and gas leases in the Texas Panhandle region, adding proved reserves of approx. 4.0 million barrels of oil equivalent. Current ...

OilVoice Press - OilVoice

Posted 1 month agoPress > Matra PetroleumUnited StatesUS +7

Total Closes the Maersk Oil Acquisition and Becomes the Second-Largest Operator in the North Sea

Paris - Total announces the closing of the Maersk Oil acquisition signed on 21st of August 2017. It brings to Total around 1 billion barrels of oil equivalent of 2P/2C reserves and resources, mainly in the OECD countries, and a production of about 160,000 barrels of oil equivalent per day (boe/d) ...

OilVoice Press - OilVoice

Posted 1 month agoPress > TotalMaersk OilAcquisition +5