Subsea technology and services provider Ashtead Technology has signed an agreement with Acteon Group to acquire Seascan and its subsidiaries known as Seatronic, and its sister company J2 Subsea for $81.5 million.The latest acquisition will further…
Dominion Energy has completed the sale of 50% noncontrolling interest in 2.6 GW Coastal Virginia Offshore Wind (CVOW) commercial project to Stonepeak.Dominion Energy will retain full operational control of the construction and operations of the project…
Offshore wind service business Venterra Group has acquired Oceanscan Holdings, a group of companies that provide subsea and non-destructive test equipment, geotechnical services and specialist personnel to the offshore energy market.Oceanscan is highly complementary to Venterra’s service lines…
VINCI Energies has expanded its industrial activities into a new market segment in the Netherlands with the acquisition of RH Marine and Bakker Sliedrecht, a group of two companies specializing in the maritime sector.By joining VINCI Energies’ network of companies…
Italian oil giant Eni has completed the sale of its upstream assets in the UK, excluding East Irish Sea assets and CCUS activities, to Ithaca Energy, taking approximately 38.7% stake in the London-listed company.The combination is funded through…
Australia's Macquarie has engaged advisors for a potential sale of its subsidiary Corio Generation, one of the world's largest offshore-wind developers, two sources with knowledge of the matter said on Tuesday.Corio oversees a 30-gigawatt pipeline of offshore wind projects spanning Europe…
The U.S. Federal Trade Commission allowed Chevron's $53 billion purchase of Hess Corp on Monday, in an order that barred Hess CEO John Hess from Chevron's board.The FTC's order leaves Exxon Mobil's challenge to the deal, which is expected to stretch deep into next year…
German company TÜV Rheinland has acquired Safetec, a risk management consulting company in Norway active across oil and gas, renewables, and maritime sectors.Safetec’s operations will complement the existing risk, safety and integrity management…
Brazilian oil and gas company PRIO has signed a sale and purchase agreement with SPEP Energy Hong Kong Limited and Sinochem International Oil for the acquisition of 40% interest in the Peregrino and Pitangola fields in the Campos Basin, offshore Brazil…
Brava Energia, formerly 3R Petroleum before the merger with Enauta, has concluded a sale of 20% stake in a concession offshore Brazil to the affiliates of Westlawn Americas Offshore (WAO), welcoming the U.S. oil and gas company as partner in the Atlanta and Oliva fields…
Norwegian oil and gas company OKEA has entered into agreement with Lime Petroleum, a subsidiary of Rex International, to sell its stake in the Yme field for $15.6 million, exiting the producing field in the south-eastern part of Norwegian North Sea…
The U.S. Federal Trade Commission is expected to greenlight U.S. oil producer Chevron's purchase of Hess as soon as this week, two people familiar with the matter said, leaving Exxon Mobil's challenge to the $53 billion deal as its final hurdle…
Thailand’s state-owned oil and gas company PTT Exploration and Production (PTTEP) has divested its entire interest in Mexico Block 29, located in deep waters of the Salina Basin offshore Mexico, to the operator Repsol, which has increased its working interest in the block to 46…
BP and Apollo have entered into an agreement for Apollo-managed funds to purchase a non-controlling stake in BP Pipelines TAP Limited, BP’s subsidiary that holds a 20% share in Trans Adriatic Pipeline (TAP), in a transaction valued at approximately $1 billion…
High-technology offshore wind companies Rovco and Vaarst have entered into merger, creating a new brand Beam to boost their offshore wind services.In uniting their capabilities across research, development, and deployment, Beam will provide…
