Shell and Chevron's agreements to sell stakes in major Indonesian gas projects to Pertamina, Petronas and Eni ENI.MI will unleash development at the fields, enabling the country to boost its flagging output, the buyers said.Indonesia has seen…
The board of the Swedish floating wind technology developer Hexicon has rejected a bid on the company from an unnamed 'European actor.'The bid, which was conditional of the board's recommendation, was set at SEK 1.5 per share, corresponding…
OEG Offshore UK (OEG), a provider of specialist offshore equipment, on Monday announced the complete integration and rebrand of Harran Ltd, an offshore helicopter refueling systems specialist.OEG Offshore said the move followed the acquisition…
Oil and gas exploration and production company Longboat Energy said Monday it had completed its transaction with Japan Petroleum Exploration Co., Ltd ('JAPEX') to establish a joint venture in Norway, with the initial investment of US$16 million received by the renamed entity Longboat JAPEX Norge AS…
Norwegian offshore oil and gas producing firm Vår Energi has acquired Feistein CCS – a company specializing in maturing large-scale, cost-efficient CO2 storage opportunities, in a push to accelerate decarbonisation efforts through carbon storage…
Japan's Mitsui & Co. has executed a share purchase agreement to acquire 100% of the issued shares of Aberdeen-based STATS (UK) Ltd., a company that manufactures proprietary energy pipeline repair equipment and provides engineering services.The…
AGR and Add Energy said Tuesday they were combining their expertise in drilling, wells, reservoirs, and energy transition technologies CCUS and geothermal under the AGR brand.This move follows the recent acquisition of AGR and Add Energy by global energy…
Longboat Energy, an oil and gas exploration and production company with activities in Norway and Malaysia, has agreed to buy interests in producing offshore fields offshore Norway from INPEX Idemitsu.The company on Monday announced the acquisition of a 4…
Italian energy group Eni said that synergies from the $4.9 billion acquisition of private equity-backed Neptune Energy could reach $1 billion as the two groups integrate their operations across key geographies. The acquisition announced on Friday…
Italy's Eni ENI.MI and its Norwegian unit Vaar have agreed to buy private-equity backed Neptune Energy in a deal valuing the assets of the gas and oil producer at $4.9 billion including debt, the two groups said on Friday.The acquisition, which is expected to be completed at the start of next year…
Offshore wind turbine and foundation installation companies Cadeler and Eneti announced they have agreed to merge through a stock-for-stock exchange.The combined company will be named Cadeler, headquartered in Copenhagen, Denmark, with its shares…
Italian energy group Eni has intensified talks with several investors over a potential sale of a minority stake in its renewables and retail business Plenitude, three sources with knowledge of the matter said on Wednesday.Two of the sources…
Britain's largest North Sea oil and gas producer, Harbour Energy, is in talks to merge with Gulf of Mexico peer Talos Energy, four people familiar with the matter said on Tuesday.The move would offer Harbour an opportunity to list in New York…
Denmark-based engineering and contracting group Semco Maritime has agreed to acquire German firm Wind Multiplikator, specialized in managing offshore wind farms and projects and providing engineering and consulting services.The transaction also…
The investment firm Kistos said Tuesday it had acquired all of the outstanding shares of Norway-focused oil company Mime Petroleum A.S. ('Mime') from Mime Petroleum S.a.r.l.Mime holds a 10% interest in the Balder joint venture, comprising the Balder and Ringhorne fields offshore Norway…