Acquisitions & Mergers

OMV acquires Shell’s Upstream business in New Zealand

  • Adds recoverable resources of up to 100 mn boe to the OMV Portfolio
  • Purchase price of USD 578 mn

Noble Energy Closes Sale of 7.5 Percent Working Interest in Tamar

Noble Energy, Inc.

Eni sells 10% stake in the Shorouk concession, offshore Egypt to Mubadala Petroleum

Eni has agreed to sell to Mubadala Petroleum, a wholly owned subsidiary of Mubadala Investment Company, a 10% stake in the Shorouk conces

W&T Offshore Acquire Interest in the Heidelberg Field in the Gulf of Mexico

W&T Offshore, Inc.

Solo Oil Completion of Horse Hill Acquisition and TVR

Solo, the AIM listed natural resources investment company focused on acquiring and developing a diverse global non-operated portfolio of

Total Closes the Maersk Oil Acquisition and Becomes the Second-Largest Operator in the North Sea

Total announces the closing of the Maersk Oil acquisition signed on 21st of August 2017.

Alliance Petroleum Corporation acquisition completion

Diversified Gas & Oil PLC, a leading independent US based gas and oil producer focused on the Appalachian Basin, is pleased to confir

Devon Energy Announces $553 Million Sale of Johnson County Assets

Devon Energy Corp. has entered into a definitive agreement to sell the southern portion of its Barnett Shale position for $553 million.

Mitsui to declare its Offer for AWE unconditional

Mitsui & Co., Ltd.

Egdon Resources Announces Farmout of Interests in PEDL253 Biscathorpe

Egdon Resources plc has reached agreement on Heads of Terms in respect of a farm-out of interests in PEDL253 to Union Jack Oil PLC and Hu

OMV divests Upstream Business in Pakistan

  • Sale of OMV Upstream Business in Pakistan to Dragon Prime Hong Kong Limited for a consideration of EUR 157 mn

Marathon Exits Libya

Marathon Oil announced it has signed and closed on the sale of its subsidiary, Marathon Oil Libya Limited, which holds the Company’s 16.3

Total acquires a 16.33% stake in the Waha Concessions in Libya

Total has acquired Marathon Oil Libya Limited which holds a 16,33% stake in the Waha Concessions in Libya.

Gastar Exploration Closes Sale of Non-Core Acreage in Oklahoma

Gastar Exploration Inc.

Subsea 7 announces agreement to acquire Siem Offshore Contractors and two vessels

Subsea 7 S.A.

Solo Oil Announces Placement of Equity, Asset Acquisition and Offer

The Directors of Solo Oil plc has raised approximately £2 million (before expenses) by the issue and allotment by the Company of approxim

CERCG withdraws AWE takeover bid

AWE Limited advises shareholders that CERCG Aus Gas Pty Ltd (CERCG) has obtained ASIC's consent, pursuant to section 652B of the Corporat

Borr Drilling announces acquisition of Paragon Offshore

Borr Drilling Limited has announced a binding tender agreement to offer to purchase all outstanding shares in Paragon Offshore Limited.

NOVATEK Wins Bid for the Gas Assets of ALROSA

PAO NOVATEK (NOVATEK) won the open auction to acquire a 100% stake in Maretiom Investments Limited (owns 100% equity share in Geotransgaz

Noble Energy announces divestment of U.S. Gulf of Mexico business

Noble Energy, Inc. this week announced that its Board of Directors has authorized a $750 million share repurchase program.