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 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…
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 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…
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…
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 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 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 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…
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…
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…
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…
Alfa Laval has acquired Scanjet, a supplier of tank cleaning equipment and solutions for marine, offshore and industrial applications. 'The acquisition will extend Alfa Laval’s broad tanker offering, creating a more comprehensive product portfolio for cargo tanks…
A U.S. energy regulator on Friday gave Berkshire Hathaway Inc, the company controlled by billionaire Warren Buffett, permission to buy up to 50% of oil company Occidental Petroleum Corp's OXY.N common stock.Occidental's share price soared 9…
DNO ASA, the Norwegian oil and gas operator with operations in Kurdistan and the North Sea, is now expanding to West Africa with the agreed acquisition of offshore fields in Ivory Coast. DNO said Monday that RAK Petroleum plc would transfer its ownership of Mondoil Enterprises LLC to DNO…
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