Canada to halt Trans Mountain Expansion Project funding
The Trans Mountain Corporation will instead secure the required funding via third-party financing to complete the expansion project.
IPO Industry
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IPO Industry
Aker BP signs merger plan with Lundin Energy
The combined company will have a production capacity of approximately 400,000 barrels of oil equivalent per day.
US announces $1.15bn in funding to clean up abandoned oil and gas wells
The plugging of abandoned oil and gas wells will contribute to the US Methane Emissions Reduction action plan.
Acquisitions increased significantly in the offshore industry in H2 2021
In the second half of 2021, acquisitions increased significantly by 76.2% from the same period in 2020.
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Scottish CCS clusters receive £80m boost to funding bid
Devolved government hopes to advance construction of Acorn CCS plant in Scotland.
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Venture financing deals increased significantly in the offshore industry in H2 2021
In the second half of 2021, venture financing deals increased significantly by 312.5% from the same period in 2020. This…
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Lime Petroleum secures approval for Brage field acquisition
Lime Petroleum will become a full-cycle exploration and production company following the completion of the deal.
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Hunting the unicorns: GlobalData IPO predictions for 2022
10 tech unicorns that are likely going enjoy a headline-making IPO in 2022, following GlobalData's predictions.
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