Mergers & Acquisitions

Eni Enters Portuguese Upstream

Italian oil and gas group Eni has acquired from Petrogal a 70 percent stake in three offshore exploration permits in Portugal, it said on Thursday, as it seeks to diversify its exploration portfolio.

DP World: Shareholders Back EZW buy, London Delisting

Shareholders of DP World have approved buying Economic Zones World from its majority shareholder and also backed the port operator's delisting from the London Stock Exchange,

Vard Wins Farstad's OSCV Contract

  Vard Holdings Limited (“VARD”) has secured a contract for the design and construction of one Offshore Subsea Construction Vessel (“OSCV”) for Farstad Shipping (“Farstad”).

CSL St-Laurent on Maiden Voyage

  The second of Canada Steamship Lines' (CSL) two newbuild Trillium Class Great Lakes bulk carriers, CSL St-Laurent, was delivered on November 26, 2014 and set

Wärtsilä Acquires L-3 Marine Systems International

Wärtsilä Corporation is to acquire L-3 Marine Systems International from NYSE-listed L-3 Communications Holdings Inc. L-3 Marine Systems International (L-3 MSI)

Vistronix Acquires Agency Consulting Group

Vistronix has acquired the Agency Consulting Group (ACG). The McLean Group's Aerospace, Defense & Government Services (ADG) practice served as the exclusive mergers

Repsol Buying Talisman Energy for $13 billion

Repsol agrees to buy Canada's 5th largest oil producer; offers 56 pct premium to Talisman market value. Spain's Repsol has agreed to buy Talisman Energy, Canada's

Golar LNG to Acquire Golar Eskimo

  Golar LNG Limited announced today that it has entered into an agreement to sell its ownership interests in the companies that will own and operate the floating

EU Regulators Okay BP to Acquire Statoil Fuel and Retail Aviation

European Union competition authorities gave conditional clearance on Monday for oil major BP to acquire jet fuel business Statoil Fuel and Retail Aviation (SFRA).

RINA Expands Into Canada

Italy’s growing engineering, testing, marine services and ship classification group RINA has acquired a majority stake in Montreal-based marine survey company Hayes Stuart.

Hempel Acquires Schaepman

Hempel has acquired Schaepman’s Lakfabrieken B.V, a Dutch supplier of specialized industrial, protective and decorative coatings. The acquisition is part of Hempel’s five-year growth strategy.

Boskalis, KOTUG Merge Harbor Towage Operations

Boskalis, KOTUG agree to merge European harbor towage operations   Royal Boskalis Westminster N.V. and KOTUG International B.V. have signed a Memorandum of Understanding

Norway's Noreco Proposes Restructuring

Norwegian oil firm Noreco proposed a restructuring of the firm, including the full conversion of its bond debt, as low oil prices and persistent production problems

Apache Shedding LNG Project Stakes

Apache Corp said it would sell its stakes in two LNG projects, Wheatstone LNG in Australia and Kitimat LNG in Canada, along with accompanying upstream oil and gas reserves,

China's CGN to Buy UK Wind Farms

Chinese utility China General Nuclear Power Corporation (CGN) will buy three small UK onshore wind farms with a combined capacity of 73 megawatts from French state-controlled utility EDF,

RN-Aero, KazMunayGas-Aero Join Forces

  RN-Aero (Rosneft subsidiary) and KazMunayGas-Aero (KazMunayGas subsidiary) signed an agreement, substantially increasing cooperation between the Companies. The

Leighton to Sell John Holland

  Leighton Holdings today announced it had entered a binding agreement for the sale of John Holland to CCCC International Holding Limited (CCCI). CCCI is a

Repsol Finalizing Bid for Talisman

Spanish oil major Repsol SA is finalizing a bid to acquire Canada's Talisman Energy Inc and has sent executives to Calgary to step up talks, a source with knowledge of the matter said on Friday.

UniSource Buys Gila River Power Station

  UniSource Energy Services (UES), an indirect, wholly owned subsidiary of Fortis Inc., has strengthened its generating portfolio and reduced its reliance on the

Smit Lamnalco Acquires PB Towage

  Royal Boskalis Westminster N.V. announced that Smit Lamnalco, a 50% owned associate, has substantially strengthened its position in Australia through the acquisition

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