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Mergers and Acquisitions News

The Acquisition of Premier Oil Norge is Completed
Norway >> 12/22/2015 - Det norske oljeselskap ASA (DETNOR) announced 16 November an agreement to acquire Premier Oil Norway, which comprises all Premier Oil plc’s Norwegian assets for a net consideration of USD 120 million ...
Statoil Completes Divestment of Interest in TAP for EUR 208m
Azerbaijan >> 12/17/2015 - Statoil and Snam SpA have completed their previously announced transaction, whereby Statoil has sold its 20% interest in Trans Adriatic Pipeline AG for a total consideration of EUR 208 million. This a...
DEA Completes Acquisition of E.ON E&P Norge
Norway >> 12/16/2015 - The acquisition of 100% of the shares of E.ON E&P Norge AS by DEA Norge AS has been completed on the 16th of December. With the deal, DEA Deutsche Erdoel AG enhances its presence in Norway and its lon...
Halliburton & Baker Provide Update Regarding DOJ Review
United States >> 12/15/2015 - Halliburton Company and Baker Hughes Incorporated expect that their timing agreement with the Antitrust Division of the U.S. Department of Justice (DOJ) will expire without reaching a settlement or th...
Aker Solutions Employees Buy Shares for NOK 60 Million
Norway >> 12/15/2015 - Aker Solutions employees bought shares for NOK 60 million as part of annual programs for staff and managers. The company for the seventh consecutive year held share purchase programs to encourage empl...
Mart & Delta Oil Terminate Agreement
Nigeria >> 12/14/2015 - Mart Resources, Inc announces that, due to prevailing market and industry conditions, Mart and Delta Oil Nigeria B.V. (“Delta”) have mutually agreed to terminate the arrangement agreement dated Octobe...
DuPont and Dow to Combine in Merger of Equals
United States >> 12/11/2015 - DuPont and The Dow Chemical Company announced that their boards of directors unanimously approved a definitive agreement under which the companies will combine in an all-stockmerger of equals. The com...
Technip Explores Sale in Talks with FMC Technologies
France >> 12/9/2015 - French oilfield services company Technip is exploring a sale and has held talks with U.S. peer FMC Technologies Inc about a potential combination, according to people familiar with the matter. A deal ...
Woodside Withdraws Proposal to Merge with Oil Search
Australia >> 12/8/2015 - Woodside has informed the Oil Search Board that it has withdrawn its proposal to merge the businesses. On 3 September 2015 Woodside provided Oil Search with a proposal to merge Woodside and Oil Search...
Atlas Development & Support Services to Liquidate its Kenyan Assets
Kenya >> 12/1/2015 - Atlas has taken the decision to place its Kenyan subsidiaries into liquidation by way of a Creditors Voluntary Liquidation. The downturn in the oil and gas industry, market adjustments and the failure...
Rex International Holding Limited's Subsidiary in Trinidad Assets Merger
Trinidad and Tobago >> 11/23/2015 - The Board of Directors of Rex International Holding Limited wishes to inform that Rex Caribbean Holding Limited, an indirect wholly-owned subsidiary of the Company, had entered into an investment and ...
Eni Sells Remaining Stake in Galp for $325 Million
Portugal >> 11/20/2015 - This communication does not constitute or form part of and should not be construed as, an offer to sell or issue or the solicitation of an offer to buy or otherwise acquire securities of the Galp Ener...
Schlumberger-Cameron Merger Receives Unconditional Clearance
United States >> 11/17/2015 - Schlumberger Limited and Cameron International Corporation jointly announced that the U.S. Department of Justice has cleared their proposed merger without any conditions, granting early termination of...
Andes Enters Collaboration Agreement with Canacol
Colombia >> 11/16/2015 - Andes, the Latin American E&P group, is pleased to announce that it has entered into a Collaboration Agreement with Canacol Energy Ltd to develop the licences held by Interoil Exploration and Producti...
Premier Agreed to Sell Norwegian Business
Norway >> 11/16/2015 - Premier has agreed to sell Premier Oil Norge AS (“PONAS”) which comprises all its Norwegian assets, to Det norske oljeselskap ASA (“Det norske”) for a cash consideration of $120 million. The proceeds ...
Gran Tierra to Acquire All of Petroamerica's Issued & Outstanding Shares
Colombia >> 11/12/2015 - Gran Tierra Energy Inc and Petroamerica Oil Corp, both international oil and gas companies operating in Colombia, are pleased to announce that they have entered into an arrangement agreement dated Nov...
Engie to Set Up LNG Joint Venture in China
China >> 11/9/2015 - ENGIE and Shaanxi Houde Tongxing (HD) said they signed an investment agreement in Yulin, Shaanxi Province, China, to establish a joint venture (of which ENGIE holds 35 pct shares). ...
Verisk Analytics Acquires Infield Systems Limited
United Kingdom >> 11/6/2015 - Verisk Analytics, Inc. announced the acquisition of Infield Systems Limited (Infield Systems), a leading independent provider of business intelligence, analysis, and research to the oil, gas, and asso...
Alstom to Launch a Public Share Buy-Back Offer
France >> 11/4/2015 - Following the completion of the transaction with General Electric regarding Alstom’s Energy activities, the Group proposes to return a part of the proceeds to its shareholders. In its session of 4 Nov...
Alstom Refocused on Rail Transport with Strong Leadership Positions
France >> 11/2/2015 - Alstom closes the sale of its Energy activities (Power generation and Grid) to General Electric for an amount of approximately €12.4 billion [1]. Consequently the Group is entirely refocused on rail t...

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