Mergers & Acquisitions News

 

Allseas Buys Bluerise in Renewables Push

Jul 09, 2019

Offshore contractor Allseas says it has acquired Bluerise, a developer of ocean thermal energy conversion (OTEC) technology, in a push targeting the renewables industry.Based in Delft, the Netherlands, Bluerise, founded by Berend Jan Kleute and Remi Blokker…

Acteon Acquires Proserv’s Field Technology Services

Jul 08, 2019

Subsea services group Acteon announced on Monday it has acquired Proserv’s field technology services (FTS) business unit, including its surveying capability. The exact terms of the transaction were been disclosed.The services and facilities of the FTS business…

Buss Acquires SSC Wind

Jul 08, 2019

Hamburg-based Buss Group has acquired SSC Wind from Wildeshausen with an aim to expand its services in the offshore and onshore wind markets.In future, the company will operate on the market under the company name Buss Wind Services GmbH.With this strategic step…

Imenco Buys Proserv's Nautronix Unit

Jul 05, 2019

Controls technology company Proserv said it has sold its through-water digital acoustic communications and positioning systems business, Nautronix, to Imenco, a Norwegian supplier of subsea electronic and mechanical products.The divested unit will become a division within Imenco…

Energean to Buy Edison's Oil and Gas Unit

Jul 04, 2019

Israel-focused gas driller Energean said on Thursday it will buy Italian energy group Edison's oil and natural gas unit for an initial consideration of $750 million.The acquisition would significantly expand Energean's operations in the growing eastern Mediterranean gas hub…

Expro Acquires Quality Intervention

Jul 02, 2019

Oilfield services company Expro announced it has acquired 100% of the equity of technology company Quality Intervention AS (QI).The Norwegian-based company was founded in 2008 and provides a portfolio of products and services that includes coiled tubing technology (CoilHose)…

Icahn Steps up Fight with Occidental

Jun 26, 2019

Billionaire investor Carl Icahn on Wednesday ratcheted up his fight with Occidental Petroleum over its pending purchase of rival Anadarko Petroleum by calling for a special shareholder meeting where he hopes to win board seats.In a regulatory filing…

Aqualis completes Braemar Acquisition

Jun 21, 2019

Offshore engineering consultant Aqualis has completed the acquisition of the London-based Braemar Shipping Services' offshore, adjusting and marine consultancy business Braemar Technical Services (BTS).The new company, called AqualisBraemar…

TGS Shareholders Approve Spectrum Acquisition

Jun 21, 2019

Seismic survey company TGS-NOPEC Geophysical Company (TGS) said its shareholders have approved a deal to acquire rival Spectrum ASA.Kristian Johansen, Chief Executive Officer of TGS, said, “Spectrum’s portfolio will enhance TGS’ position as…

Acteon Acquires TerraSond

Jun 20, 2019

UK based subsea Services group Acteon announced it has completed its acquisition of marine geosciences survey company TerraSond.US-headquartered TerraSond is a multidisciplinary geospatial and geophysical business with global experience working for clients in industries such as offshore oil and gas…

Harvey Gulf Scouting Merger Opportunities

Jun 16, 2019

In both 2018 and the start of 2019, Harvey Gulf made no secret that they were exploring possible merger and acquisition opportunities. Their first major play was a merger proposal with fellow US owner GulfMark, who at the time was in discussions to merge with US OSV behemoth Tidewater…

C-Ventus Merges with 4SEAS

Jun 13, 2019

Netherlands-based C-Ventus Offshore Windfarm Services BV has merged with 4SEAS BV to jointly service the offshore wind industry.All personnel and activities of 4SEAS, including ongoing projects and opportunity pipeline, will join, respectively be taken over by the new company…

Wilhelmsen Acquires 50% of NorSea Wind

Jun 05, 2019

Norway-based global maritime industry group Wilhelmsen Ship Management (WSM) has announced the acquisition of a 50% stake of NorSea Wind and it’s subsidiaries to expand its offerings in the the renewable wind energy market.NorSea Wind, founded in 2016 as a subsidiary of  Norsea Group…

Murphy Completes Acquisition of LLOG GoM Assets

Jun 04, 2019

US-based Murphy Oil Corporation announced that its has completed its $1.227 billion acquisition of deepwater Gulf of Mexico assets from compatriot oil and gas company LLOG.Murphy Oil President and CEO, Roger W. Jenkins, said, “We are excited…

Prosafe and Floatel Agree to Merge

Jun 03, 2019

Prosafe and Floatel announced Monday that they have agreed to merge, creating the world’s largest offshore accommodation provider.Oslo-listed Prosafe will acquire Floatel with consideration in Prosafe shares, whereby Floatel’s principal shareholders will become large shareholders in Prosafe…

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