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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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Santos wraps up $2.15B Quadrant Energy acquisition

Australia's Santos has announced it has completed the acquisition of its compatriot rival Quadrant Energy, paying ...

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Ineos in talks to buy ConocoPhillips' North Sea fields

The UK-based oil and gas company Ineos is in exclusive talks with ConocoPhillips to buy the U.S. company’s UK North ...

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Okea gets consent to use Draugen platform

Norway's Petroleum Safety Authority (PSA) has given Okea consent to use the facilities on the Draugen field in the ...

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Directors recommend Bergen Group, Endúr Fabricom merger

The previously proposed merger between Norway's Bergen Group and its compatriot oil service company Endúr Fabricom ...

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Norway OKs Shell's sale of Draugen and Gjøa field interests

The Norwegian authorities have given the green light for Shell's proposed sale of the licenses containing the ...

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Panoro buying OMV Tunisia for $65 million

OMV Tunisia HQ / Image by OMV

Oslo-listed Panoro Energy has agreed to buy OMV’s assets in Tunisia for $65 million through the acquisition of ...

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Serica satisfies conditions for Rhum field sanctions waiver

Serica Energy and BP have satisfied conditions of the license relating to the UK North Sea Rhum field issued by the ...

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Vitol buys Petrobras' Nigerian assets for $1.4B

A Vitol-led consortium has agreed to acquire a Petrobras' offshore fields in Nigeria for $1.407 billion. The ...

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Carlyle to buy energy services firm EnerMech

While the value of the deal has not been officially disclosed, the UK media have reported a figure of around 450 ...

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Neptune buys VNG Norge

With the acquisition, Neptune will get hold of three producing fields, two development projects, and 42 licenses

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Eco Atlantic takes remaining stake in PAO Namibia

Oil firm Eco Atlantic has acquired the remaining 10% of the shares of Pan Africa Oil Namibia Ltd ("PAO Namibia") ...

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Zennor buys Britannia stake from Mitsui

Zennor Petroleum has entered into a sale and purchase agreement with Mitsui for the acquisition of an 8.97% working ...

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