Upturn in Energy Sector Travel for Wings

But Traveller Safety Still Top Priority

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 buys 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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ConocoPhillips sells Clair field stake to BP

BP and ConocoPhillips have signed an agreement which will see BP take ConocoPhillips' stake in the Clair field in ...

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NOV buys GustoMSC

Houston-based National Oilwell Varco (NOV) has acquired GustoMSC, a Dutch provider of design & engineering for ...

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Chrysaor buys Spirit Energy's Armada area fields (UK)

Chrysaor, the UK oil & gas independent, will acquire Spirit Energy's entire interests in the Armada, Maria, and ...

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Tailwind buys out Shell, Exxon at Triton

Tailwind Energy has signed an agreement with Shell and ExxonMobil to acquire their interests in the Triton Cluster, ...

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Norbit buys field monitoring specialist Aptomar

Norwegian technology group Norbit has acquired field monitoring specialist Aptomar. The Norbit group, headquartered ...

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Total buys Engie's upstream LNG business for $1.5 billion

French oil major Total has signed a deal with its compatriot Engie to buy  Engie’s of upstream liquefied ...

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Balmoral Group buys stake in Ace Winches

Design, engineering, and manufacturing company Balmoral Group has taken a substantial stake in hydraulic winches ...

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Canada's Brookfield buys majority stake in Teekay Offshore

Brookfield Business Partners, together with its institutional partners, has entered into an agreement to acquire 60 ...

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Due Diligence: Looking beyond Financial Performance

By DNV GL With oil and gas industry mergers and acquisitions expected to pick up this year, buyers and sellers need ...

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Schlumberger buys stake in Borr Drilling

Schlumberger, the world’s largest oilfield services provider has bought a stake in Norway’s Borr ...

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