Galp Energia said on Monday talks with Spain's Moeve to combine their refining, chemicals and fuel retail businesses had collapsed, derailing a deal that would have created one of Europe's biggest refiners and sending shares in the Portuguese group down 7…
Italian energy company Eni has completed the sale of its Nigerian subsidiary Agip Energy and Natural Resources (Nigeria) (AENR) to Apex Global Energy Limited (APEX), divesting its interests in onshore and shallow-water oil and gas operations in the country…
XRG, the international investment arm of Abu Dhabi National Oil Company (ADNOC), is in talks with Eni about potentially buying a stake in the Italian company's oil and gas business in Libya, two people familiar with the matter said.Negotiations…
Norwegian engineering and technology company Techouse has agreed to acquire offshore potable water services specialist Ambio Water, expanding its water treatment business following a separate acquisition agreement announced earlier in October…
Aventa has acquired Irish Sea Contractors (ISC), an Ireland-based marine contractor specializing in subsea cable projects, commercial diving and marine civil engineering, as part of its strategy to expand offshore operations and installation capabilities…
Copenhagen Infrastructure Partners (CIP) has acquired a 25% stake in the 1.1 GW Five Estuaries offshore wind farm project in the UK from a Macquarie-led consortium, following RWE's exit from the development.The acquisition was made through CIP's fifth flagship fund…
RWE has completed the sale of its 33.33% stake in the 1.1 GW Five Estuaries offshore wind farm project in the U.K. to EDF power solutions UK and Ireland, with EDF taking over responsibility for leading the development on behalf of the joint venture partners…
Ørsted has exercised a buyback right to acquire the remaining 49.9% stake in the Gunfleet Sands 1 & 2 offshore wind farm in the UK from its investment partners, paving the way for full ownership of the 172 MW asset.The company currently holds a 50…
Eni has signed two binding agreements to sell 10% interests in seven production sharing contracts (PSCs) in Indonesia to Pertamina and Medco, covering assets operated by its joint venture with Petronas.Under the first agreement, Eni will sell its 10% interests in the East Sepinggan…
Ithaca Energy has agreed to acquire Suncor Energy's interests in the Terra Nova and White Rose oil assets offshore eastern Canada for $860 million in cash, marking its first international acquisition outside the UK.The deal includes a 48% operated interest in Terra Nova…
Eco (Atlantic) Oil & Gas has received final ministerial approval to transfer a 60% participating interest in three exploration licenses offshore Namibia to BP, clearing the final governmental consent required for the transaction.The approval covers PEL97…
Inpex, Japan’s largest exploration and production (E&P) company, has acquired 50% participating interests in the Agung I and Agung II exploration blocks offshore Eastern Java, Indonesia, from BP’s subsidiaries.The interests were acquired through…
Serica Energy has completed the acquisition of a portfolio of Southern North Sea assets from Spirit Energy, adding around 10,000 barrels of oil equivalent per day of production and 18.7 million boe of proved and probable reserves.Serica made…
Vår Energi has completed the acquisition of selected assets and licenses from Pandion Energy, adding stakes in the producing Nova field, the Ofelia development and the Sierra Solberg discovery.The transaction gives Vår Energi a 10% interest in Nova…
Shell has completed the sale of its 50% non-operated interest in the Na Kika platform and associated fields in the Gulf of America, along with its wholly-owned Coulomb tieback, receiving about $840 million in cash at closing.The assets were…