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Prosafe, Floatel in all-stock merger deal

Safe Eurus / A Prosafe accommodation unit

Offshore accommodation rig owners Prosafe and Floatel have agreed to merge businesses in what they say is “merger ...

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Anadarko: Oxy's revised takeover bid superior to Chevron's

A Gulf of Mexico platform by Anadarko / Source: Anadarko

Anadarko Petroleum's Board has said that Occidental Petroleum's revised takeover received on May 5, 2019, is a ...

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Wintershall and DEA merge into Wintershall DEA

"Size is very important in this industry. Very rarely do you have the opportunity to create a company of this scale ...

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Buffett's Berkshire Hathaway to invest $10B in Oxy

Billionaire Warren Buffet's company Berkshire Hathaway has committed to invest $10 billion in Occidental Petroleum, ...

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Murphy Oil buying deepwater GoM fields from LLOG for $1.37B

Murphy Oil Corporation has entered into a definitive agreement to acquire deepwater Gulf of Mexico assets from LLOG ...

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Chevron moves to buy Anadarko in $33 billion deal

Chevron has entered into a definitive agreement with Anadarko Petroleum Corporation to acquire all of the ...

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HitecVision boosts share in Norwegian gas pipeline system

The Norwegian media have speculated the price is more than $1 billion.

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Murphy's Malaysia sale is SE Asia's biggest deal in 5 years

U.S. oil company Murphy Oil's $2.1 billion sale of Malaysian business to Thai PTTEP announced on Thursday is the ...

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Ensco, Rowan agree on amended merger bid

Ensco has entered into an amendment to the transaction agreement with rival Rowan under which the companies would ...

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Medco given until January 31 to launch offer for Ophir

Indonesia’s Medco Global has been given more time to decide whether it will proceed with the proposed ...

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Ensco postpones general meeting as Rowan evaluates new bid

Offshore drilling company Ensco has decided to postpone its general meeting originally scheduled for January 23, 2019.

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Ensco raises Rowan bid. Says proposal is final

Offshore drilling company Ensco has raised its offer for rival Rowan Companies, offering an increase in the ...

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Faroe directors resign as DNO takeover imminent

Faroe Petroleum's executive directors have given notice of resignation amid DNO's imminent full takeover over the ...

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Ophir rejects Medco offer of 48,5 pence a share

Ophir Energy has rejected Medco's potential offer of 48.5 pence a share that the Indonesian company announced on Friday.

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DNO lifts takeover offer for Faroe Petroleum to 160p a share

Norway’s DNO has increased its takeover offer for Faroe Petroleum. The company which in November launched a hostile ...

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DNO extends Faroe bid deadline

Oil company DNO has extended the deadline for Faroe Petroleum shareholders to accept its 152 pence a share takeover ...

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Carlyle completes EnerMech acquisition

Aberdeen-based oilfield services provider EnerMech has confirmed the conclusion of its sale to The Carlyle Group. ...

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Faroe on takeover bid: DNO wants it on the cheap

Oil company Faroe Petroleum has again urged shareholders to ignore the unsolicited takeover offer by DNO, saying ...

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Point Resources, Eni Norge merge into Vår Energi

Oil companies Point Resources and Eni Norge have completed the merger, and have as a result established a company ...

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AGR, First Geo to merge into Akastor-owned company

Norwegian offshore oil and gas consultancy and services companies First Geo (owned by Akastor), and AGR are set to ...

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Shareholders say 'yes' to $2.7B Transocean-Ocean Rig merger

Ocean Rig's Leiv Eiriksson semi-sub / Image by Lundin Petroleum

Offshore drilling companies Transocean and Ocean Rig have informed that their respective shareholders have voted in ...

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