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Deal News
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31 March 2020
UK-based i3 Energy to acquire Toscana Energy for $2.82m
North Sea operator i3 Energy has agreed to acquire Canada-based Toscana Energy and subsidiary Firenze Energy for $2.82m.
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27 March 2020
Exploration firm Block Energy agrees to acquire Schlumberger subsidiary
Oil and gas exploration firm Block Energy has reached a sale and purchase agreement (SPA) to acquire oilfield services company Schlumberger’s subsidiary.
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25 March 2020
Saudi Aramco’s capex cut may impact BPCL investment plans
State-owned oil company Saudi Aramco will cut $25bn-$30bn from its capital expenditure in response to the coronavirus pandemic.
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13 March 2020
Santos to sell 25% stake in Darwin LNG and Bayu-Undan for $390m
Australian energy firm Santos has agreed to sell 25% stake in Darwin LNG facility and the Bayu-Undan gas field offshore Northern Australia.
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12 March 2020
Mubadala subsidiary MP G1 to increase Manora oil field stake to 70%
Mubadala Petroleum subsidiary MP G1 (Thailand) is set to increase its stake in G1/48 Manora block in the Gulf of Thailand.
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9 March 2020
OMV in talks with Mubadala for $4.68bn controlling stake in Borealis
Austrian oil and gas company OMV has announced it is negotiating with joint venture partner Mubadala for an additional stake in petrochemicals firm Borealis.
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6 March 2020
Equinor and Shell sign MoU for digital collaboration
Equinor and Shell have signed a memorandum of understanding to collaborate on digital solutions.
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26 February 2020
Aquaterra Group acquires Subsea Engineering and Technical Services
Engineering company Aquaterra Group has announced its acquisition of Subsea Engineering and Technical Services (SETS).
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24 February 2020
Energy services firm Hunting acquires Enpro Subsea
UK-based energy services group Hunting has acquired production optimisation specialist Enpro Subsea for $33m in cash from members of the Enpro management team and Energy Ventures (EV) Private Equity.
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19 February 2020
Shell and i-Tech 7 partner to accelerate subsea digitalisation
Shell International Exploration & Production and Subsea 7’s Life of Field unit i-Tech 7 have formed a strategic collaboration to accelerate subsea digitalisation.
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