Finance & Investing
News Services
Newsletters
Get free industry updates via email.
Daily News
Weekly News
Equipment Updates
Job Alert
Event Alert
Our privacy
pledge.


Please enable Javascript to view this content.
advertisement
News Topics: Company Mergers, Acquisitions, & JVs
By Region: Articles From:

Results50 articles shown

Fluor, COOEC Form Offshore Alliance for Asia-Pacific O&G Projects
Friday, November 20, 2009 - Fluor has entered into a formal alliance with Offshore Oil Engineering Corporation Ltd. in the pursuit of large offshore oil & gas projects in the Asia-Pacific region including China and Australia.

Tendeka Adds FloQuest to Growing Portfolio
Thursday, November 19, 2009 - Tendeka has announced its second acquisition in as many months with the addition of FloQuest to its growing portfolio. Five companies now operate in the Tendeka family, which was launched in April 2009.

Technip, SaudConsult Set Up Engineering Center in Saudi Arabia
Wednesday, November 18, 2009 - Technip and SaudConsult have signed in Paris a memorandum of understanding to set up a 50/50 joint venture company aimed at developing a new engineering center in Saudi Arabia.

Ivanhoe's Sunwing Subsidiary to Develop XVI Block in Mongolia
Wednesday, November 18, 2009 - Ivanhoe Energy's subsidiary will merge with PanAsian Petroleum Inc., which holds oil and gas exploration and production rights to a large, highly prospective block in central Mongolia.

US Justice Dept Clears $980MM Cameron-Natco Deal
Wednesday, November 18, 2009 - Cameron has reached an agreement with the Department of Justice that will allow the Company to close on its previously announced acquisition of NATCO Group Inc.

Please enable Javascript to view this content.


BG Group, Petrobras Team Up in Santos Basin FLNG Venture
Tuesday, November 17, 2009 - BG Group has signed a JV Agreement with Petrobras focused on developing FLNG as an additional option to commercialize natural gas reserves in the Santos Basin pre-salt area.

Major Canadian Oilfield Services Cos Merge
Tuesday, November 17, 2009 - Oilfield Services companies, Alliance Energy Services and Marquis Fluids, have merged their companies to form Marquis Alliance Energy Group Inc.

ENOC Confirms No Increase in Price for Dragon Oil Acquisition
Tuesday, November 17, 2009 - The Board of ENOC has confirmed to the Independent Committee of Dragon Oil that the price of 455 pence per Dragon Oil Share is final and will not be increased.

Roadrunner Oil & Gas Signs LOI to Acquire Bowood Energy
Monday, November 16, 2009 - Roadrunner Oil & Gas has entered into a letter of intent with Bowood Energy pursuant to which Roadrunner is expected to complete an arm's length acquisition of all of Bowood's issued and outstanding common shares.

Kinder Morgan, Copano Unveil Eagle Ford Shale Venture
Friday, November 13, 2009 - Kinder Morgan and Copano Energy have entered into a letter of intent for a 50/50 joint venture to provide gathering, transportation and processing services to natural gas producers in the Eagle Ford Shale resource play in south Texas.

Idemitsu Kosan Acquires British Oil Development Firm
Friday, November 13, 2009 - Idemitsu Kosan Co. said Friday it has concluded a contract to acquire British oil developer Petro Summit Investment UK Ltd., buying all of its shares from Japanese trading house Sumitomo Corp.

Bulgaria to Form Natural Gas Supplies JV with Azerbaijan
Friday, November 13, 2009 - The Bulgaria-Azerbaijan JV will explore the possibilities for the delivery of natural gas from Azerbaijan to Bulgaria through the Nabucco gas transit pipeline.

OXY Forms Joint Co. to Further Develop Bahrain Field
Tuesday, November 10, 2009 - Occidental, Mubadala and the National Oil and Gas Authority of Bahrain have created Tatweer Petroleum-Bahrain Field Development Co. to serve as operator for the Bahrain field, one of the longest producing oil fields in the world.

Calnetix's Former Subsidiary Acquired by FMC Technologies
Tuesday, November 10, 2009 - Calnetix announced today that its former subsidiary Direct Drive Systems has been acquired by FMC Technologies for approximately $120 million in cash.

Crescent Point Increases Bakken Positions with TriAxon Acquisition
Monday, November 09, 2009 - Crescent Point Energy and TriAxon Resources have entered into an arrangement agreement under which Crescent Point will acquire all of the issued and outstanding shares of TriAxon.

Correa Defends Alliance Between Petroecuador and PDVSA
Monday, November 09, 2009 - President Rafael Correa defended the strategic alliance between Petroecuador and Venezuelan state-owned oil giant PDVSA for the operation of the Amazon's Sacha field, one of Ecuador's largest oil fields.

Libyan Investment Authority to Acquire All of Verenex's Shares
Thursday, November 05, 2009 - Verenex has entered into a definitive arrangement agreement with the Libyan Investment Authority pursuant to which the LIA, through a subsidiary, has agreed to acquire all of the Verenex shares.

RedHawk Energy Swoops Up Xxtreme Group
Tuesday, November 03, 2009 - RedHawk has acquired 100% of the membership interests of Texas-based Xxtreme Group for $66 million in cash, preferred stock and assumed debt.

PDC, Lime Rock Form JV to Develop Marcellus Shale Play
Monday, November 02, 2009 - Petroleum Development Corporation and Lime Rock Partners have formed a joint venture company principally focused in the Marcellus shale region.

FMC Completes Acquisition of Direct Drive Systems
Monday, November 02, 2009 - FMC Technologies has completed the acquisition of Direct Drive Systems, a world leader in the development and manufacture of high-performance permanent magnet motors and bearings for the oil and gas industry.

Denbury to Acquire Encore in $4.5B Deal
Monday, November 02, 2009 - Denbury will acquire Encore in a transaction valued at approximately $4.5 billion, including the assumption of debt and the value of the minority interest in Encore Energy Partners LP.

True Energy Trust Converted into Growth Oriented E&P Company
Monday, November 02, 2009 - True Energy Trust and Bellatrix Exploration successfully completed the previously announced plan of arrangement pursuant to which the Trust has been converted to a growth oriented exploration and production company.

Apollo Completes Tender Offer for Parallel Petroleum
Friday, October 30, 2009 - In accordance with the terms of the tender offer, PLLL Acquisition Co. has accepted for payment and promptly paid for all Parallel Petroleum's shares validly tendered during the subsequent offering period.

BGP, ION Team Up in Land Seismic Joint Venture
Thursday, October 29, 2009 - BGP has signed a term sheet with ION Geophysical Corporation, based in Houston, Texas, to create a joint venture that will provide land seismic products in a broad range of countries.

Foster Wheeler Snaps Up Assets from Atlas Engineering
Thursday, October 29, 2009 - Foster Wheeler's Global Engineering and Construction Group has completed an acquisition of the majority of the assets of Atlas Engineering, which is engaged in upstream engineering design, project and construction management services.

Halliburton Snaps Up Geo-Logic Systems, LLC
Tuesday, October 27, 2009 - Halliburton has acquired Geo-Logic Systems, LLC. Founded in 1983, Geo-Logic Systems is the leading provider of advanced structural interpretation, analysis and restoration software for complex geologic environments.

ION, BGP Team Up to Provide Global Seismic Products
Monday, October 26, 2009 - ION and BGP have signed a term sheet to create a joint venture that will provide land seismic products worldwide.

Three Leading E&P Cos Launch Plato Alliance
Monday, October 26, 2009 - Three leading E&P learning companies, IHRDC, Nautilus and NExT, have created the Plato Alliance, a new venture delivering an unprecedented range of integrated learning solutions to the E&P industry.

ffA, OpenSpirit Add Interoperability to 3D Seismic Analysis Solutions
Friday, October 23, 2009 - ffA and OpenSpirit Corporation have entered into a Business Partner Agreement to provide multi-vendor connectivity to users of ffA's 3D seismic analysis products using the OpenSpirit Software Development Kit.

KNOC to Make $3.95B Bid for Canadian Oil Firm
Thursday, October 22, 2009 - Korea National Oil Corp. will buy Canada-based Harvest Energy Trust for $3.95 billion, in the largest acquisition of a foreign oil firm by a South Korean company.

EnviroGene Forms Alliance with TDI-Brooks
Thursday, October 22, 2009 - EnviroGene has formed an alliance with TDI-Brooks International for its PetroGene oil and gas prospecting service.

Fugro Robertson Partners with EnviroGene
Thursday, October 22, 2009 - EnviroGene CEO Mark Chadwick said, "Our alliance with Fugro Robertson is an important validation of the value that PetroGene brings to oil and gas prospecting, and marks a critical step in the commercialization of the technology."

GulfMark Offshore Reorganizes Business
Thursday, October 22, 2009 - The business, operations, assets and liabilities of New GulfMark immediately after the Reorganization will be the same as the Company's business, operations, assets and liabilities immediately prior to the Reorganization.

Circor International Snaps Up Pipeline Engineering
Wednesday, October 21, 2009 - Following a signing ceremony in London on September 28, 2009, Pipeline Engineering, a global leader in pipeline pigging products and services, has become a member of Circor International.

FMC Technologies Completes Acquisition of Multi Phase Meters AS
Tuesday, October 20, 2009 - FMC Technologies has completed the acquisition of Multi Phase Meters AS.

Det norske, Aker Exploration Merger Approved
Tuesday, October 20, 2009 - The extraordinary general meeting in Det norske oljeselskap ASA has approved the merger with Aker Exploration ASA, reinforcing Det norske as the second largest company on the Norwegian Continental Shelf.

Verenex Extends MOU with Libyan Investment Authority
Tuesday, October 20, 2009 - Verenex and the Libyan Investment Authority have agreed to extend the MOU which provides for signing of the definitive agreement for the acquisition of Verenex by the LIA.

Heritage Oil Updates on Taq Taq Field, Acquisition of Genel
Monday, October 19, 2009 - Heritage Oil has provided an update in relation to the Taq Taq oil field and the proposed acquisition of Genel Energy International.

Lighthouse, PFC Team Up to Provide Market Analysis
Monday, October 19, 2009 - Lighthouse Financial and PFC Energy will enter a strategic partnership to combine Lighthouse Financial's expertise in energy and global portfolio trading with PFC Energy's oil and gas sector commentary and analysis.

Seamar Snaps Up SeaQuest Diving, LLC
Friday, October 16, 2009 - Seamar, a leading provider of subsea construction services, has completed the acquisition of SeaQuest Diving, LLC.

Baker Hughes, BJ Services Receive Antitrust Request
Thursday, October 15, 2009 - Baker Hughes and BJ Services Company have received a request from the Antitrust Division of the Department of Justice for additional information with respect to Baker Hughes' proposed merger with BJ Services.

Dynamic Strengthens GOM Presence by Acquiring Beryl O&G
Wednesday, October 14, 2009 - Dynamic Offshore Resources has announced the acquisition of Beryl Oil and Gas LP, a Gulf of Mexico focused E&P company with a substantial footprint across the Shelf.

Newfield, Hess Team Up to Explore Marcellus Shale Play
Wednesday, October 14, 2009 - Operator Newfield has formed a 50-50 joint venture with Hess to explore in the Marcellus Shale play, covering up to 140,000 gross acres.

Saipem Files Merger Deed Incorporating Snamprogetti Sud
Friday, October 09, 2009 - Saipem announced that the merger deed incorporating Snamprogetti Sud into Saipem S.p.A has been filed at the relevant business register.

Oxy Takes Over Citigroup's Phibro
Friday, October 09, 2009 - Occidental signed an agreement to purchase Phibro, primarily a trader in oil and gas, from Citigroup Inc. for about $250 million.

Niche, Trident Deepwater Form Oilfield Services JV
Wednesday, October 07, 2009 - Niche Products and Trident Deepwater Solutions (local sales agent) announce the formation of Niche Products LLC in Houston Texas.

Sinopec Acquires 100% of Addax Petroleum's Shares
Tuesday, October 06, 2009 - Sinopec's indirect and wholly-owned subsidiary has acquired all of the common shares of Addax Petroleum Corp.

Knowledge Reservoir Sets Up JV to Lead Middle East O&G Services
Monday, October 05, 2009 - Knowledge Reservoir and Modern Petrotech L.L.C, an oil and gas services provider in the Sultanate of Oman, have formed a new joint venture company offering consulting and resourcing services to the oil and gas industry.

Pason Systems Snaps Up Petron Industries
Monday, October 05, 2009 - Pason Systems, Inc. has acquired Petron Industries, which provides a comprehensive suite of equipment, software and sensors to acquire, manage, control and communicate all aspects of drilling operations.

UC Hub Inks JV Deal, Funds First Oil Well
Friday, October 02, 2009 - UC Hub Group has formally signed a JV deal with Rector Drilling who own producing oil wells, drilling rigs, leases, and equipment. The first funded drilling site has been targeted and is expected to be a shallow well of not more than 2000 feet.

Find More Articles with an Advanced Search
The results on this page are limited to showing the 50 most recent articles for this category, region, and date range combination. For more articles, please perform an Advanced Article Search.