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 ...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 ...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 ...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 ...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, ...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 ...
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 ...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 ...
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 ...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 ...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 ...$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 ...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 ...
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 ...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) ...
The Future of Fuel
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Coal Power Generation Declines in United Kingdom as Natural Gas, Renewables Grow
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Senior Systems Engineer - Energy Storage
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Hess Reports Estimated Results for the First Quarter of 2018
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New Board Members Add Further Expertise to Oil & Gas UK
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Another Major Gas Hydrate CSEM Mapping Campaign Completed in Japan
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Wood Awarded Contract to Expand World’s Largest Dissolving Pulp Mill
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