Acquisition


All posts for Acquisition

TGS and PGS Announce More 3D Multi-Client Acquisition Offshore East Canada

TGS and Petroleum Geo-Services ("PGS") announce that a second vessel, the Ramform Sterling, will be allocated to the 2018 East Canada acquisition program.  This vessel will acquire a minimum 2,700 km 2 of 3D seismic, including additional data within the 2017 Harbour Deep and Cape Broyle 3D survey ...

OilVoice Press - OilVoice


Posted 9 days agoPress > TGSPGSOffshore +2

Matra Petroleum Closes Acquisition and Carries Out a Directed Share Issue of 4,593,435 Shares as Part of the Consideration

Matra Petroleum AB and its wholly owned subsidiary Matra Terra LLC ("Matra" or the "Company") and entities controlled by Melody Capital Partners, LP ("Melody") have closed the acquisition initially announced on 14 March 2018, under which Matra acquires 40 oil and gas leases in the Texas Panhandle ...

OilVoice Press - OilVoice


Posted 16 days agoPress > Matra PetroleumAcquisitionMatra Terra +3

Subsea 7 Withdraws its Proposal to Acquire McDermott

Luxembourg -May 2, 2018 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced that it had taken note of McDermott International, Inc. ("McDermott," NYSE: MDR) shareholders' vote in favour of a combination with CB&I (NYSE: CBI). In light of this vote, Subsea 7 confirms that the proposal made ...

OilVoice Press - OilVoice


Posted 1 month agoPress > Subsea 7AcquisitionMcDermott

KCA Deutag Completes the Acquisition of the Omani and Saudi Arabian Businesses of Dalma Energy LLC

Prior to publication, this document contained inside information under Regulation (EU) 596/2014 on market abuse. Following the announcement made on 5 March 2018, KCA Deutag today announces that it has completed the combination with the Omani and Saudi Arabian businesses of Dalma Energy LLC. A ...

OilVoice Press - OilVoice


Posted 1 month agoPress > KCA DEUTAGAcquisitionoman +2

ExxonMobil Plans Purchase of Large Indonesia Motorcycle Lubricant Manufacturer, Marketer

Anticipated purchase of PT Federal Karyatama (FKT), including Federal Oil brand Acquisition builds on existing Mobil lubricant brand offer in Indonesia Purchase to accelerate growth in key developing market IRVING, Texas--( BUSINESS WIRE )-- ExxonMobil  said today it agreed to purchase PT Fede ...

OilVoice Press - OilVoice


Posted 1 month agoPress > PT Federal KaryatamaFKTFederal Oil +6

Subsea 7 Re-Affirms its Proposal to Acquire McDermott

Subsea 7 S.A. today announced a re-affirmation of its interest in acquiring McDermott International, Inc. (“McDermott,” NYSE: MDR). Subsea 7's proposal is subject to the termination of McDermott's pending transaction with CB&I (NYSE: CBI).  Subsea 7 is open to considering amending its proposal if ...

OilVoice Press - OilVoice


Posted 1 month agoPress > NYSESubsea 7McDermott +2

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 1 month 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 2 months 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 2 months 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 2 months 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 2 months 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 2 months 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 2 months 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 2 months 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 2 months agoPress > OMVADNOCAcquisition +3