Italy’s Eni and its majority-owned Vår Energi have completed the acquisition of Neptune Energy and its entire portfolio of oil and gas assets, except the company’s business in Germany.Vår Energi completed the acquisition of Neptune Energy Norge along with its Norwegian oil and gas assets, while Eni acquired Neptune Energy’s remaining portfolio, aside from the company’s Germany business which was carved out of the transaction…
Longboat JAPEX Norge, a joint venture of Longboat Energy and Japan Petroleum Exploration (JAPEX), has completed the acquisition of interests in producing fields offshore Norway.Longboat Energy, an oil and gas exploration and production company with activities in Norway and Malaysia…
Norway-based Electromagnetic Geoservices (EMGS) has secured a contract with Petrobras for a fully prefunded multi-client survey offshore Brazil.The total contract value is approximately $11.7 million, according to EMGS.The survey is expected to start late March or early April 2024…
Thai subsea services company Mermaid Maritime has through its subsidiary Mermaid Subsea Oil and Gas Services (MSOGS) secured a loan of up to $10 million for the acquisition of Mermaid Sapphire ROV support vessel.The loan agreement, SinoPac Capital International…
Offshore seismic data firm TGS has secured an Ocean Bottom Node (OBN) data acquisition contract in the North Sea.The three-month OBN data acquisition contract is for a repeat customer, according to TGS.The project's acquisition is planned to begin in the second quarter of 2024…
Offshore seismic data firm TGS has been awarded an Ocean Bottom Node (OBN) data acquisition contract in the Gulf of Mexico.The project's acquisition will start in the first quarter of 2024.The contract will cover two-month proprietary OBN data acquisition work…
TGS announced a collaboration agreement with Apparition Geoservices to jointly provide integrated, encoded simultaneous source acquisition solutions to drive the next level of efficiency in seismic surveys.During the agreement term of four years…
Oilfield services giant Baker Hughes said this week it had completed the acquisition of Norway-based well intervention specialist Altus Intervention.'Today, we are pleased to announce the completion of the Altus Intervention acquisition. This…
UK-based oil and gas company Serica Energy said Thursday it had completed the acquisition of Tailwind Energy and that admission of the completion consideration shares to trading on AIM has occurred.Serica said in December 2020 it would acquire Tailwind…
Offshore seismic data firm TGS, in collaboration with oilfield services giant SLB, this week announced the Engagement III ultra-long offset ocean-bottom node (OBN) acquisition in Green Canyon, U.S. Gulf of Mexico.The 111 OCS block survey is underway…
Lime Petroleum, a subsidiary of Rex International Holding, has agreed to buy a 10 percent stake in the Yme oil field in the North Sea, offshore Norway, from Kuwait’s KUFPEC. Rex said Lime would pay post-tax fee $68.053 million (about NOK 633 million)…
Norwegian marine seismic survey contractor PGS said Thursday it had won a significant 3D exploration acquisition contract offshore Indonesia with a major energy company. Also, PGS said it had secured a major 4D acquisition contract offshore Australia with an international energy company…
Ithaca Energy has completed the previously announced acquisition of the UK North Sea focused oil and gas company Siccar Point Energy.The proposed acquisition was first announced in April, when it was said that Ithaca would pay for $1.1 billion…
Norwegian oil company Sval Energi has completed the acquisition of Spirit Energy Norway from Centrica.The USD 1,026 million Spirit Energy Norway acquisition closed May 31, with January 1 2021 as the commercial effective date. The acquisition includes 45 licenses (6 operated)…
U.S.-headquartered offshore support vessels (OSV) owner Tidewater Inc. on Friday announced it has completed its acquisition of Singapore's Swire Pacific Offshore Holdings Limited (SPO), creating the industry’s largest OSV fleet.The $190 million transaction adds 50 vessels to the Tidewater fleet…
Subscribe
