Pembina Pipeline has terminated a $6.76bn (C$8.5bn) deal to acquire rival Canadian firm Inter Pipeline (IPL), which would have created…
27 Jul 2021
Wellesley to swap certain Norwegian assets with Equinor Energy
Wellesley Petroleum and Equinor Energy have agreed to swap certain oil and gas assets on the Norwegian Continental Shelf. Under the sale and purchase agreement, Equinor will purchase a 40%…
22 Jul 2021
Whiting Petroleum to acquire North Dakota assets for $271m
Whiting Petroleum has agreed to acquire certain oil and gas assets in the Williston Basin, North Dakota, US, from an undisclosed company in a deal worth $271m. The agreement will…
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…
15 Jul 2021
Petrobras divests Rio Ventura cluster in Brazil to 3R Rio Ventura
Petrobras has concluded the divestment of its stake in Rio Ventura cluster in the Brazilian state of Bahia to 3R Rio Ventura in a deal worth $96.9m. The cluster consists…
© Copyright Verdict Media Limited 2021
Powered by
