Texo Group Acquires Orca Subsea
Texo Group is pleased to announce the acquisition of Aberdeen-based, Orca Subsea to form Texo Marine. The engineering and technology group, which announced its launch last month is rolling out an ambitious and transformative strategy to meet the immediate and long-term strategic value-add needs of ...[Azinam] ExxonMobil Farms in to PEL 44, Offshore Namibia
Windhoek, Namibia – Tuesday, August 14, 2018: Azinam Limited (“Azinam”), the Seacrest Capital Group-backed Namibian explorer, is pleased to announce that ExxonMobil Namibia (PEL44) Limited, an affiliate of Exxon Mobil Corporation, has entered into an agreement with Azinam to acquire a 30% intere ...Neptune Energy Group Agrees to Acquire UK Central North Sea Assets
Neptune Energy Group (“Neptune”) announced today that it has entered into a Sale and Purchase Agreement to acquire certain development and exploration assets in the UK Central North Sea from Apache North Sea Limited (“ANSL”), a wholly owned subsidiary of Apache Corporation (“Apache”). Neptune wi ...RockRose Energy - Acquisition of 20.43% Interest in Arran Field, UK North Sea
RockRose Energy, the independent oil and gas company, is pleased to announce that it has signed a Sale and Purchase Agreement to acquire a 20.43% interest in blocks, 23/11a, 23/16b and 23/16c, which contain the Arran field in the UK Central North Sea, from Dana Petroleum (E&P) Ltd (the "Acquisition ...Kosmos Energy Enters Gulf of Mexico with $1.225 Billion Acquisition of Deep Gulf Energy
08/06/18 DALLAS--(BUSINESS WIRE)--Aug. 6, 2018-- Kosmos Energy (NYSE/LSE: KOS) announced today that the company has entered into an agreement to acquire Deep Gulf Energy (“DGE”) 1 , a leading deepwater company operating in the Gulf of Mexico, from First Reserve and other shareholders for a to ...Ophir Energy: Proposed Acquisition
Proposed acquisition of certain Southeast Asian producing and exploration assets from Santos Limited Publication of Circular and Notice of General Meeting Further to the announcement by Ophir on 3 May 2018 relating to the proposed acquisition of a package of Southeast Asian assets from Santos ...Serica Energy - Acquistion of Total E&P's Interests in Bruce and Keith Fields, North Sea
Transaction highlights Following completion of the BKR Transaction and transfer of operatorship of the Bruce, Keith and Rhum fields to Serica UK, the board believes the BK Acquisition will further strengthen Serica's position as one of the leading mid-tier independent oil and gas producers on t ...Total Acquires Two Gas Power Plants in France and Strengthens in Electricity Generation
Total announces that it has signed an agreement with KKR-Energas to acquire its two gas-fired combined cycle power plants (CCGT) in the North and East of France, which represent an electricity generation capacity of approximately 825 megawatts (MW). The transaction is subject to approval by the rel ...Xedia Announces Sale and Expands Capabilities as Blackbuck Resources
Xedia Announces Sale and Expands Capabilities as Blackbuck Resources Blackbuck Resources receives significant equity commitment from Cresta Energy Capital HOUSTON - Xedia Process Solutions (XPS) today announced it has been acquired by Blackbuck Resources, LLC ("BBR"), a newly formed midst ...Energy Infrastructure Company Closes 'Transformational' Acquisition
An iASecurities report discussed the benefits of the merger and next steps for the acquirer. A July 9 iA Securities research note indicated that AltaGas Ltd. (ALA:TSX) closed its CA$9 billion deal with WGL Holdings and iASecurities raised its per share target price on Buy rated AltaGas to ...Total Completes the Acquisition of 73% of Direct Energie and Files a Mandatory Tender Offer
Paris, July 06, 2018, 5:30pm – Total and Direct Energie announce the completion of the acquisition today by Total of 73.04% of the share capital of Direct Energie 1 , for 42 euros per share, representing approximately 1.4 billion euros. This acquisition, which is subsequent to the satisfaction of ...Equinor Expands in Energy Trading and Services Through Acquisition of Danske Commodities
CEO Henrik Lind (left), Danske Commodities, and Tor Martin Anfinnsen, senior vice president, Marketing & Supply in Equinor. (Photo: Thomas Priskorn / PRISKORN) Equinor has reached agreement to buy 100% of the shares in Danish energy trading company Danske Commodities (DC) for EUR 400 mi ...Fieldfisher's ENR Team Advises on Largest Ever AIM Oil and Gas Acquisition
International law firm Fieldfisher has advised on the largest acquisition by an oil and gas company completed to date on London's Alternative Investment Market (AIM). The deal saw AIM-listed Diversified Gas & Oil PLC (DGO), a US-based gas and oil producer, acquire a network of producing assets in ...Bass Oil Extension of Acquisition Settlement Terms With Cooper Energy
Australian oil producer, Bass Oil Limited (ASX: BAS), advises that the Company has negotiated an extension to the settlement terms with Cooper Energy Limited (ASX: COE) regarding the acquisition of its 55% interest in the Tangai-Sukananti KSO in South Sumatra. Under the agreed new payback terms ...Valor Launches With Immediate Acquisition of Cavitas Energy and Further Acquisitions Planned
Valor PPA Ltd, a specialist growth engine, has officially launched with the acquisition of Aberdeen based firm Cavitas Energy. The Aberdeen-based growth engine which started in August 2017, has opened its doors with the purchase of enhanced heavy oil recovery specialist Cavitas Energy. A seven fig ...
Six States Account For More Than 70% of U.S. Fuel Ethanol Production
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New Russian Refining Subsidies Take Shape
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Oil Price, Savannah, Upland, RockRose, Bahamas Petroleum, and Finally…
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Saudi Arabia And Iran Reignite The Oil Price War
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Offshore Discoveries in the Mediterranean Could Increase Egypt’s Natural Gas Production
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