Deal News Archives - Offshore Technology | Oil and Gas News and Market Analysis
Join Our Newsletter - Get important industry news and analysis sent to your inbox – sign up to our e-Newsletter here
X

Pembina Pipeline has terminated a $6.76bn (C$8.5bn) deal to acquire rival Canadian firm Inter Pipeline (IPL), which would have created…

20 Jul 2021

Oil Search turns down $6.5bn takeover offer from Santos

Oil Search has rejected the $6.5bn takeover proposal from Australia’s oil and gas producer Santos, which would have created a $16bn (A$22bn) LNG export giant. The Papua New Guinea-focused oil…

16 Jul 2021

Modec in talks with Toyo for FPSO joint venture

Japan’s Modec and Toyo Engineering Corporation (Toyo) have initiated talks to assess the business alliance related to floating production storage and offloading (FPSO) vessels. The parties have also agreed to…

16 Jul 2021

Brookfield hikes bid for Inter Pipeline to $6.85bn

Brookfield Infrastructure Partners has increased its cash-and-stock offer for Canada’s Inter Pipeline (IPL) to $6.85bn (C$8.58bn), topping Pembina Pipeline’s $6.75bn (C$8.5bn) offer. The latest offer valued Inter at C$21.23 per…