Acquisition of Aberdeen firm leads to new CEO
Spirotech Aberdeen, a bulk handling, fabrication and blast containment specialist for the oil and gas sector, has been acquired by a team of industry experts and renamed Spiral Services. CEO and investor Neil Thomson led the acquisition which will see the company continue to operate in Dyce, Aber ...
Following the announcement (Monday 19 November) that Ineos AG are in exclusive talks with ConocoPhillips to acquire its remaining UK upstream assets, Daniel Rogers, Upstream Oil & Gas Analyst at GlobalData , a leading data and analytics company, estimates the deal could be worth approxim ...
Paris (France) / Araxá (Brazil), November 22, 2018 - Total has entered into an agreement with Brazilian company Grupo Zema to acquire its fuel distribution company Zema Petróleo, its reseller and retailer arm Zema Diesel as well as its importation company Zema Importacao. Zema Petróleo currently ...Lonestar Announces Eagle Ford Shale Acquisition, Increased Senior Secured Credit Facility
FORT WORTH, Texas , Nov. 19, 2018 /PRNewswire/ -- Lonestar Resources US Inc. (NASDAQ: LONE) (including its subsidiaries, "Lonestar," "we,", "us," "our" or "the Company") announced that it has closed an acquisition of producing properties in the Eagle Ford Shale play (the "Acquisition"). Lonesta ...Ørsted Acquires Deepwater Wind and Creates Leading US Offshore Wind Platform
Ørsted has entered into an agreement with the D.E. Shaw Group to acquire a 100% equity interest in Rhode Island-based Deepwater Wind at a purchase price of USD 510 million. The two companies' offshore wind assets and organizations will be merged into the leading US offshore wind platform with the m ...Serica Energy: Acquisition of BHP Interests in Bruce and Keith
London, 5 November 2018 – Serica Energy plc (AIM: SQZ) is pleased to announce that Serica Energy (UK) Limited (“Serica UK”) has signed a sale and purchase agreement (“SPA”) to acquire further interests in the Bruce and Keith fields and associated infrastructure in the UK North Sea (the “Transact ...ADES Completes Acquisition of Drilling Operations from Weatherford in Kuwait
ADES International Holding Ltd. (“ADES” or the “Company”), a leading oil & gasdrilling and production services provider in the Middle East and North Africa (MENA), is pleased to announce that it has completed the acquisition of twelve onshore rigs from Weatherford International plc. (“Weatherfo ...Vitol and IFM to Acquire 50% of VTTI From Buckeye
Vitol today announces that Vitol Investment Partnership II Ltd (“VIP”), an investment vehicle sponsored and managed by Vitol, and IFM Investors (“IFM”), a global institutional funds manager, have agreed to acquire Buckeye Partners LP's 50% equity interest in VTTI BV, the leading global independent ...
Encana Corporation (Encana) (TSX, NYSE: ECA) and Newfield Exploration Company (Newfield) (NYSE: NFX) today announced that they have entered into a definitive agreement whereby Encana will acquire all of the outstanding shares of common stock of Newfield in an all-stock transaction valued at approxi ...Seismic Technologies Business of Fairfield Geotechnologies to be Acquired by Magseis
Houston, TX – Fairfield Geotechnologies (“Fairfield”) has announced that it has entered into a definitive agreement with Magseis ASA (“Magseis”) whereby Magseis will acquire the Seismic Technologies business from Fairfield comprising data acquisition, nodal and system sale & rental activities, incl ...Equinor Further Focuses NCS Portfolio
Equinor has signed an agreement with PGNiG to sell its non-operated interests in the Tommeliten discovery on the Norwegian Continental Shelf (NCS) for a total of USD 220 million. Tommeliten Alpha is a gas/condensate discovery that was made in 1976. Through this transaction Equinor will dives ...The Carlyle Group Acquires EnerMech From Lime Rock Partners
Acquisition will support continued global growth of energy and infrastructure services company EnerMech Group Ltd has been acquired from Lime Rock Partners by global alternative asset manager and NASDAQ listed The Carlyle Group for an undisclosed sum. The transaction is expected to close in Q4 ...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 ...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 ...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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