Mergers & Acquisitions

B COOL Acquires MEMAC

With the acquisition of MEMAC, B COOL A/S now offers customers one entry to multiple maritime systems – both refrigeration solutions and monitoring of the engine

Oman Oil Eyes Local Oxy Assets

Oman Oil Co. is in talks with Occidental Petroleum Corp to buy a minority stake in its assets in the Gulf Arab sultanate, the Omani firm's chief executive said on Tuesday.

TRIYARDS Buys into Aluminium Shipbuilding Expertise

  TRIYARDS Holdings Limited, an offshore vessel fabrication and engineering solutions provider to the oil and gas (O&G) industry, has added new capabilities, products

Salamander Energy Updates on SONA Transaction

  Salamander Energy said it has submitted a draft shareholder circular to the Financial Conduct Authority in relation to previously stated plans to divest of an interest in the Greater Bualuang Area.

Navico Acquires MARIS; Expands Portfolio

Navico Holding AS, parent company to the Simrad brand of navigational marine electronics, has reached an agreement to acquire MARIS (Maritime Information Systems A/S) from The Grieg Group.

Rocksource Soars on Arctic Securities Bid

Norwegian brokerage Arctic Securities has been mandated by a financial investor to buy at least 20 percent of oil and gas explorer Rocksource at an 80 percent premium,

India Closer to Selling ONGC Stake

Top Indian official meets bankers to discuss stake sale; India looks to raise $3 bln from sale of 5 pct stake in ONGC. Time right for divestment, says finance ministry official.

No Merger of Yara & CF Industrie

Yara International ASA and CF Industries have terminated their discussions regarding a potential merger of equals transaction. "This has been a constructive process,

KBR, Daewoo win Eni FLNG FEED

  KBR Inc. announced today that the KD Consortium, consisting of KBR and Daewoo Shipbuilding & Marine Engineering Company, Ltd, has been awarded a front end engineering

GeoSea acquires HOCHTIEF Offshore Assets

DEME’s marine engineering specialist GeoSea acquires offshore assets of HOCHTIEF, one of Germany’s leading international construction groups. HOCHTIEF is selling

COWI NA Merges its Marine Companies

Ben C. Gerwick, Inc. and Ocean and Coastal Consultants, Inc. merger creates new player in the North American marine engineering market COWI North America, Inc.

Eni Inks Deal with Korea Gas Corporation

Italian energy group Eni said on Friday it had signed an agreement with Korea Gas Corporation (KOGAS) to boost cooperation in the upstream and liquefied natural

MOL Still Keen on RWE's O&G Unit if Rival Deal Fails

Hungary's MOL Group said it would be interested in re-entering talks to buy RWE's oil and gas unit DEA if a 5.1 billion euro ($6.5 billion) sale to Russian billionaire Mikhail Fridman falls through.

Southwestern Energy to Buy Oil & Gas Assets

Oil and gas producer Southwestern Energy Co said it would acquire certain oil and gas assets in Marcellus and Utica shale fields in West Virginia and southwest

ST Marine Celebrates Naming of RNOV Al Seeb

  Singapore Technologies Marine Ltd (ST Marine), the marine arm of Singapore Technologies Engineering Ltd (ST Engineering), held the naming ceremony today for

Bore and P&O Ferries JV add RoRo Vessel

  Bore and P&O Ferries announces today that they have agreed to add a further RoRo vessel to the long-standing partnership in the North Sea. M/V Estraden will

Carnival Corp MOU with CSSC to Promote Cruise Industry

  Carnival Corporation & plc the world’s largest cruise company, today announced it has signed a memorandum of understanding (MOU) with the China State Shipbuilding

Mexico's Grupo Aleman Will Not Go Ahead with Oceanografia Purchase

Mexico's Grupo Aleman on Tuesday said it will not go ahead with its planned purchase of troubled oil services company Oceanografia, the company's president told a local radio program.

DryShips Pulls Plug on Notes Offering

  DryShips Inc.today announced that it has withdrawn its previously announced public offering of $700 million of its senior secured notes (the “Notes”) due to current market conditions.

Targa Resources, Affiliate to buy Atlas Pipeline, Energy

U.S. pipeline company Targa Resources Corp said it would buy Atlas Energy LP's midstream assets for $1.9 billion, while its unit Targa Resources Partners LP would

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