Glamox, a supplier of lighting solutions to the marine and offshore markets, has signed an agreement to acquire the Norwegian company Luminell Group AS.Established in 2010, Luminell develops and provides floodlights, searchlights, and lighting controls in the marine and offshore lighting market…
Offshore drilling contractor Noble Corporation has completed the acquisition of Pacific Drilling. Noble Corporation said Friday the Pacific Drilling hi-spec ultra-deepwater drillship fleet would further enhance Noble's global position 'as an…
Australia's oil and gas explorer FAR Ltd on Thursday postponed a vote on the sale of its stake in an oil project off Senegal for the third time while investors study a takeover offer from private investment firm Remus Horizons.Remus' A$209.6 million ($161…
Private investment fund Remus Horizons has launched a conditional takeover offer for the Australian oil company FAR, which owns a stake in the RSSD offshore area in Senegal, containing the Sangomar offshore oil development.FAR has recently agreed to sell its stake in the Sangomar to Woodside…
U.K. headquartered wind turbine blade repair and maintenance provider GEV Wind Power has merged with Wind Power Lab (WPL), a Danish firm providing intelligent technology based blade solutions to wind park operators.GEV provides field blade repair…
Maritime connectivity and IT solutions provider Marlink Group has obtained final regulatory approvals to acquire 100% of ITC Global from Panasonic. 'The Marlink and ITC Global management teams are preparing for a swift closing of the transaction in the coming weeks…
UK-focused oil and gas company Jersey Oil & Gas (JOG) has completed the acquisition of Cieco V&C, a company that owns an interest in JOG-controlled Licence P2170, in the UK North Sea, from the Japanese companies Itochu and Jogmec.Under the agreement first announced on November 26…
UK-focused oil company Tailwind Energy has acquired Decipher Energy Limited, an oil and gas company with assets in the UK North Sea.'This acquisition will allow Tailwind to continue to deploy its strategy of exploiting organic production and…
Coatings manufacturer Hempel has completed the acquisition of Wattyl Australia and New Zealand, increasing its footprint in Australia and New Zealand.On 18 February 2021, Hempel A/S signed an agreement to acquire leading paint and coatings manufacturer…
Romanian oil and gas company Romgaz has filed a takeover offer for ExxonMobil's Romanian subsidiary holding a share in an offshore block in the Black Sea.ExxonMobil Exploration and Production Romania Limited holds a 50 percent stake in the XIX Neptun Deep Block in the Black Sea…
Russian oil company Lukoil has decided not to launch a binding takeover offer for Australian oil firm FAR, which owns a share in the Sangomar field offshore Senegal.FAR had in February received a conditional non-binding indicative proposal from Lukoil to acquire the shares of FAR at 2…
The merger of Chrysaor and Premier Oil is due to complete on Wednesday, creating Harbour Energy, the UK North Sea's biggest oil and gas producer, which will replace Premier's stock exchange listing from Thursday, Premier said.The reverse takeover of Chrysaor by Premier Oil…
Dutch offshore survey services company Fugro has agreed to sell its Seabed Geosolutions subsidiary to PXGEO Seismic Services (PXGEO) for USD 16 million (approximately EUR 14 million) in cash. The transaction is expected to be completed in mid-2021…
Norwegian oil and gas company Sval Energi said Thursday it had completed the $300 million acquisition of Edison Norge.The deal, first announced in December 2020, sees HitecVision-backed Sval acquiring ten production licenses on the Norwegian continental shelf…
INEOS Energy on Thursday announced the sale of its oil and gas business in Norway to Poland's PGNiG for $615 million. The deal includes all INEOS Oil & Gas interests in production, licenses, fields, facilities and pipelines, on the Norwegian continental shelf…