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Business & Finance

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ExxonMobil
Business & Finance

Romgaz places bid to buy ExxonMobil subsidiary in Romania

Romanian oil and gas company Romgaz has filed a takeover offer for ExxonMobil’s subsidiary in Romania which holds a share in a Black Sea offshore block.

about 5 years ago
Navios Partners
Business & Finance

Navios Partners wraps up Navios Containers acquisition

Dry cargo vessel owner and operator Navios Maritime Partners has completed the acquisition of container shipping company Navios Maritime Containers.

about 5 years ago
THREE60 Energy
Business & Finance

THREE60 wins 5-year deal with OMV in Norway

Energy services company THREE60 Energy has been awarded a new framework agreement with Austria’s oil and gas company OMV for operations in Norway.

about 5 years ago
Illustration (Courtesy of TechnipFMC)
Business & Finance

TechnipFMC concludes share purchase deal with Bpifrance

Bpifrance, a substantial shareholder of TechnipFMC, has agreed to an investment of $100 million in Technip Energies, which has been acquired from TechnipFMC’s retained stake in the company.

about 5 years ago
Buffalo FPSO - Carnarvon Petroleum
Business & Finance

Partners secure funds to drill Buffalo well this year

Carnarvon Petroleum is advancing its Buffalo oil field, offshore Timor-Leste, to drilling following a successful capital raise by partner Advance Energy.

about 5 years ago
Chart invests in Transform Materials for hyrogen production
Business & Finance

Chart invests in Transform Materials for hydrogen production

Chart Industries has acquired 5 per cent ownership of Transform Materials, a U.S.-based technology company that uses microwave plasma to convert natural gas into acetylene and hydrogen.

about 5 years ago
Tullow
Business & Finance

Tullow Oil closes Equatorial Guinea assets sale to Panoro

Oil and gas company Tullow Oil has completed the sale of its assets in Equatorial Guinea to Oslo-listed Panoro Energy.

about 5 years ago
Harbour
Business & Finance

Premier Oil and Chrysaor formally become Harbour Energy

The completion of the all-share merger of Chrysaor and Premier Oil has formally been completed and the company, named Harbour Energy, will be admitted to trading on the London Stock Exchange from 1 April 2021.

about 5 years ago
Illustration of Sangomar project where FAR has interest
Business & Finance

Russia’s Lukoil gives up on FAR takeover plans

Russia’s Lukoil will not be proceeding with its previous plans to take over Australia’s FAR Limited and enter the Sangomar project located offshore Senegal.

about 5 years ago
Bristow
Business & Finance

Bristow in executive changes to adapt to energy transition

Offshore helicopter operator Bristow has made changes to its executive leadership team structure to help it capitalise on new market conditions and the evolving energy transition.

about 5 years ago
ST3 Offshore site in Szczecin, Poland
Business & Finance

ST3 Offshore still looking for a buyer, lowers selling price

The bankrupt Polish offshore wind foundation manufacturer, ST3 Offshore, has not found a buyer through a tender issued in the second half of February, and has now opened a new tender with a 10 per cent lower starting price. The new tender, open for bidding until 14:00 on 14 April, offers a starting

about 5 years ago
Stena IceMAX drillship - Stena Drilling
Business & Finance

Stena drillship arrives in Mexico ahead of new gig

A Stena Drilling-owned drillship has arrived in Mexico ahead of its offshore contract with the Spanish oil company Repsol.

about 5 years ago
Liza Destiny FPSO is operating for ExxonMobil off Guyana
Business & Finance

ExxonMobil nearly ready to start up Guyana FPSO compressor

ExxonMobil is preparing to start up a gas compressor on its Liza Destiny FPSO, operating off Guyana, following a technical issue.

about 5 years ago
Parkmead
Business & Finance

Parkmead agrees ‘in principle’ to become Platypus operator

Independent oil and gas Parkmead has agreed ‘in principle’ to take over operatorship of the Platypus project in the North Sea from Dana Petroleum.

about 5 years ago
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