Macquarie Asset Management will buy out the 20% of Britain’s National Gas that it does already own, the investment company said on Friday without disclosing financial details. The purchase from National Grid is...
Helmerich & Payne to buy KCA Deutag for $1.97 bln to boost Middle East presence
Oilfield services firm Helmerich & Payne Inc will acquire Britain’s KCA Deutag International for $1.97 billion in cash, making the combined company one of the biggest rig providers in the Middle East, the...
Archrock to buy natgas compression firm TOPS for $983 mln
Energy infrastructure company Archrock said it would buy contract gas compression services provider Total Operations and Production Services (TOPS) for about $983 million in cash and stock from Apollo Global Management...
ONGC acquires Equinor stake in Azerbaijan oilfields for USD 60 mn
ONGC Videsh Ltd, the overseas investment arm of state-owned Oil and Natural Gas Corporation (ONGC), has acquired Norwegian firm Equinor’s stake in an Azerbaijan oilfield and an associated pipeline for USD 60...
Australia’s Woodside Energy to buy US LNG developer Tellurian for $1.2 bln
Australia’s Woodside Energy on Monday said it has entered a definitive agreement to acquire U.S. liquefied natural gas developer Tellurian, including its U.S. Gulf Coast Driftwood LNG project, for a total value of...
Colombia’s Ecopetrol in talks to buy $3.6 bln CrownRock stake from Occidental
Colombia’s Ecopetrol is in talks with U.S. oil producer Occidental Petroleum to possibly buy a 30% stake in shale oil producer CrownRock, in a transaction potentially worth $3.6 billion, the North American company...
Canada’s Tenaz Energy to buy Dutch NAM’s offshore assets for $180 mln
Canada’s Tenaz Energy said it had entered into an agreement with NAM, a joint venture between Shell, ExxonMobil and the Dutch government, to acquire all issued and outstanding shares of NAM Offshore B.V. for 165...
Canada’s Tenaz Energy to buy Dutch NAM’s offshore assets for $180 mln
Canada’s Tenaz Energy on Thursday said it had entered into an agreement with NAM, a joint venture between Shell, ExxonMobil and the Dutch government, to acquire all issued and outstanding shares of NAM Offshore B...
South Korea’s SK Innovation agrees merger with SK E&S as part of overhaul
SK Innovation, parent of South Korea’s largest oil refiner and battery maker SK On, said on Wednesday it will merge with energy affiliate SK E&S as the nation’s No. 2 conglomerate undertakes a major...
TotalEnergies sells Nigerian onshore oil assets to Chappal Energies for $860 mln
TotalEnergies has sold its minority share in a major Nigerian onshore oil joint venture to Mauritius-based Chappal Energies for $860 million, the French energy group said on Wednesday. CEO Patrick Pouyanne said in...
Repsol in talks to merge UK North Sea operations with NEO, sources say
Spain’s Repsol is in talks to merge its UK North Sea oil and gas business with private equity-backed NEO Energy, three industry sources said, the latest consolidation effort by companies that operate in the basin...
Aramco to buy 10% stake in Renault-Geely thermal engines venture
Oil producer Saudi Aramco will buy a 10% stake in a thermal engines joint venture between French carmaker Renault and Chinese automaker Geely, the companies said on Friday, valuing the business at 7.40 billion euros ($7...
