Mergers & Acquisitions News


Global Maritime Acquires Iberian Offshore

Jan 30, 2024

Global Maritime announced it has acquired engineering specialist Iberian Offshore, strengthening Global Maritime's footprint in the emerging Spanish offshore wind sector and serving as a gateway for future expansion into the Mediterranean region…

Cyan Renewables Enters UK Offshore Wind Market with Sentinel Buy

Jan 25, 2024

Cyan Renewables, a portfolio company of Seraya Partners, has acquired a majority stake in Sentinel Marine to strengthen its position in the UK offshore wind market and boost its local content.Singapore-based Cyan Renewables, Asia’s first dedicated offshore wind vessel operator…

Liberty Green Logistics Acquires Renewable Strategy

Jan 08, 2024

Liberty Green Logistics LLC, an offshore wind supply chain company, acquired Renewable Strategy Ltd. (RSL), a digital platform offering marine coordination software, asset monitoring, emissions tracking, personnel records tracking, Global Wind Organization (GWO) training…

EIG to Buy Brazil’s Only FPSO Operator in $390M Deal

Dec 29, 2023

EIG, an institutional investor in the global energy and infrastructure sectors, has entered into definitive agreements to acquire a Brazilian-based offshore oil and gas solutions provider and the country’s only FPSO operator Ocyan for $390 million…

All Clear for Fincantieri’s Acquisition of Remazel Engineering

Dec 28, 2023

Advanced Technology Industrial Group, a company controlled by Alpha Private Equity, has reached an agreement for the sale of 100% of Remazel Engineering to Italian shipbuilding giant Fincantieri.The anticipated completion of the transaction…

Harbour Energy Strikes $11.2 Billion Deal for Wintershall Dea Assets

Dec 21, 2023

Britain's Harbour Energy HBR.L on Thursday agreed to acquire Wintershall Dea's non-Russian oil and gas assets in a $11.2 billion share and cash deal with BASF and LetterOne that creates one of the world's largest independent producers.London-listed Harbour…

PXGEO Acquires Ampseis

Dec 20, 2023

Marine geophysical service provider PXGEO on Wednesday announced it has acquired one hundred percent of the share capital of rival AmpSeis, developer of what is said to be the industry's most advanced ocean bottom node.PXGEO described the acquisition…

Equinor Increases Ownership in Linnorm Discovery

Dec 14, 2023

Equinor will acquire Shell’s equity in and operatorship of the Linnorm discovery in the Norwegian Sea. Under this agreement, Equinor will acquire a 30% interest in the PL 255 covering the Linnorm discovery, conditional upon taking over the operatorship from A/S Norske Shell…

Aramco to Acquire 40% Stake in Gas & Oil Pakistan

Dec 12, 2023

Aramco, one of the world’s leading integrated energy and chemicals companies, signed definitive agreements to acquire a 40% equity stake in Gas & Oil Pakistan Ltd. (“GO”).GO, a diversified downstream fuels, lubricants and convenience stores operator…

Occidental Petroleum Jumps into Acquisition Mode

Dec 11, 2023

Occidental Petroleum said on Monday it would buy energy producer CrownRock in a cash-and-stock deal valued at $12 billion including debt, expanding in the lucrative Permian basin.Investors are pressing oil and gas producers to expand their inventories…

FTC Seeks Additional Data on Chevron-Hess Deal

Dec 08, 2023

The U.S. Federal Trade Commission has sent a second request to Chevron and Hess, seeking additional information and documentary materials related to their pending merger, the companies said on Friday.(Reuters Reporting by Sourasis Bose)

Woodside in Talks with Santos to Form $52 Billion Australian Gas Giant

Dec 07, 2023

Australia's Woodside Energy and Santos said on Thursday they were in preliminary talks to create an A$80 billion ($52 billion) global oil and gas giant, as consolidation among international energy firms intensifies.Combining two of Australia's…

Fincantieri Set to Acquire Remazel Engineering

Dec 01, 2023

Fincantieri has set the main terms and conditions for the acquisition of 100% of the shares of Remazel Engineering S.p.A. from Advanced Technology Industrial Group S.A. Remazel is a leader specialized in the design and supply of highly customized and complex topside equipment…

Fugro Gains Full Ownership of SEA-KIT International

Nov 28, 2023

Fugro announced it has reached a binding agreement for the acquisition of the remaining shares in SEA-KIT International, a long-standing partner in the development of uncrewed surface vessels (USV) for low carbon emission maritime operations and research…

BASF Shares Rise on Report ADNOC Exploring Wintershall Dea Deal

Nov 24, 2023

Shares in chemicals giant BASF rose on Friday after a report that Abu Dhabi National Oil Co (ADNOC) is exploring an acquisition of the German group's energy business, Wintershall Dea. BASF stock was up 1.2% at 0855 GMT, with traders pointing…

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