Mergers & Acquisitions News

 

Noble Corporation Sells Five Jack-up Rigs to Shelf Drilling

Oct 06, 2022

Offshore drilling company Noble Corporation has completed the sale of five jack-up drilling rigs,  the Noble Hans Deul, Noble Sam Hartley, Noble Sam Turner, Noble Houston Colbert, and Noble Lloyd Noble, to Shelf Drilling for $375 million.The…

Sval Energi Completes $1.3B NCS Acquisitions

Oct 04, 2022

Norwegian energy company Sval Energi said Monday it had strengthened its position on the Norwegian Continental Shelf by closing the previously announced Martin Linge and Greater Ekofisk Area transactions with Equinor and the acquisition of Suncor Energy Norge AS…

Offshore Drillers Noble Corporation and Maersk Drilling Complete Merger

Oct 03, 2022

Offshore drilling companies Noble Corporation and Maersk Drilling have completed their merger.The transaction concluded through the completion of Noble’s recommended voluntary public share exchange offer to the shareholders of Maersk Drilling…

Groupe Gorgé Completes Its Acquisition of iXblue

Sep 29, 2022

French tech company Groupe Gorgé on Thursday announced it has finalized its acquisition of iXblue.Notably, the deal brings together iXblue and ECA Group, creating a European high-tech industrial leader in the fields of robotics, maritime, navigation…

Capricorn Energy Drops Tullow Merger Plan in Favor of Israel's NewMed

Sep 29, 2022

Capricorn Energy plans to merge with Israel's NewMed in an all-share deal after paying a $620 million special dividend to its shareholders, ditching a previous scheme to merge with Tullow Oil.The Capricorn-NewMed deal would create an Israel…

Proserv Acquires Stake in Power System Monitoring Expert, Synaptec

Sep 28, 2022

Global controls technology company Proserv has acquired a minority stake in Glasgow-based power system monitoring expert, Synaptec, with whom it had initially formed a strategic alliance in October 2020 to drive forward the innovation of disruptive…

Talos to Buy Gulf of Mexico Oil Producer EnVen in $1.1 Billion Deal

Sep 22, 2022

Talos Energy Inc said on Thursday it will buy EnVen Energy Corp, a private producer in the deepwater U.S. Gulf of Mexico, in a $1.1 billion deal including debt.The acquisition will add 24,000 barrels of oil equivalent per day of production for…

Partners Group Sells Stake in Dutch Offshore Wind Farm

Sep 19, 2022

Swiss private equity firm Partners Group said it has agreed to sell its 20% stake in Dutch offshore windfarm Borssele III / IV to Swiss Life Asset Managers.Borssele is a fully operational offshore windfarm located 55 kilometers from the Port of Vlissingen in the Netherlands…

CGG's Sercel Buys ION Geophysical's Software Business

Sep 12, 2022

French seismic data firm CGG said Monday that its Sensing & Monitoring division Sercel had completed the acquisition of ION Geophysical Corporation’s (“ION”) software business.ION's software business includes Orca: a navigation system dedicated to streamers…

Siemens Energy Places 960 Million Euro Convertible Bond to Fund Siemens Gamesa Deal

Sep 06, 2022

Siemens Energy said on Tuesday it has a placed 960 million euro ($949.63 million) mandatory convertible bond to help fund its takeover bid for wind turbine maker Siemens Gamesa.It expects settlement of the notes to take place on or around Sept…

Capricorn Explores Other Deals as Tullow Merger Faces Backlash

Sep 06, 2022

Capricorn Energy, whose planned merger with rival Tullow Oil has faced investor backlash, said on Tuesday it was exploring alternative deals after unnamed parties expressed interest.Oil and gas producer Capricorn's proposed $827 million deal with Tullow has faced stiff opposition from investors…

EIVA Acquires SensorSurvey for Survey Solution Testing Partnership

Sep 06, 2022

EIVA a/s announced it recently acquired Danish hydrographic survey company SensorSurvey a/s.The two companies, having worked together for many years, are now taking the next step forward in bridging efforts – strengthening both EIVA’s product…

Brazil's PetroRio Looks to Buy Dommo Energia in $180M Deal

Sep 02, 2022

Brazilian oil company PetroRio said on Thursday it signed a memorandum of understanding to buy Dommo Energia, formerly known as OGX Petroleo e Gas SA, in a deal valued at 942.9 million reais ($179.9 million).Once the darling of Brazil's one-time richest man Eike Batista…

KOTUG Buys Seaways

Sep 01, 2022

Dutch marine services and towage firm KOTUG has closed the acquisition of Seaways, first announced in April. The fee was not disclosed.'The acquisition of Seaways brings together the assets, expertise and people of two leading companies that…

M&A: UK CMA Accepts Noble, Maersk Drilling Plan to Sell 5 Rigs to Alleviate Competition Concerns

Sep 01, 2022

The UK Competition and Markets Authority (CMA) has accepted Noble Corp. and Maersk Drilling's plan to sell certain rigs operating in the North Sea in order to alleviate competition concerns arising from the two drillers' planned merger.The two…

Current News

Gasunie to Oversee Build of Dutch North Sea Hydrogen Network

Gasunie to Oversee Build of Dutch North Sea Hydrogen Network

Platform Supply Vessel to Ship CO2 for Storage Under North Sea Seabed

Platform Supply Vessel to Ship CO2 for Storage Under North Sea Seabed

Philippines Must Find Way to Exploit South China Sea Resources, says President Marcos

Philippines Must Find Way to Exploit South China Sea Resources, says President Marcos

First Turbine Installed at Arcadis Ost 1 Wind Farm Using "Unique" Floating Installation Method

First Turbine Installed at Arcadis Ost 1 Wind Farm Using "Unique" Floating Installation Method

Subscribe for OE Digital E‑News

Offshore Engineer Magazine