Fossil Energy – Investment
Shell has agreed to acquire Canadian energy company ARC Resources in a $16.4 billion deal, which will be primarily funded through shares.
[Read more…] about Shell made its biggest upstream investment in yearsbp acquires interest in three Namibian exploration blocks
Fossil Energy – Namibia
bp has agreed to acquire a 60% interest in three offshore exploration blocks in Namibia from Eco Atlantic Oil & Gas as part of bp’s strategy to grow its upstream portfolio.
[Read more…] about bp acquires interest in three Namibian exploration blocksInterest restore in Tartaruga Verde field and Module III of Espadarte field
General – Acquisition
Petrobras announces that it signed contracts with Petronas Petróleo Brasil for the acquisition of 50% interests in the Tartaruga Verde and Espadarte – Module III fields.
[Read more…] about Interest restore in Tartaruga Verde field and Module III of Espadarte fieldSaltchuk welcomes Great Lakes Dredge & Dock
General – Dredging
Saltchuk recently welcomed Great Lakes Dredge & Dock Corporation as its newest wholly owned subsidiary.
[Read more…] about Saltchuk welcomes Great Lakes Dredge & DockSerica acquires interest in Greater Laggan Area
General – Acquisition
Serica Energy acquired a 40% operated interest in the Greater Laggan Area (GLA) and associated infrastructure from TotalEnergies, along with operated license interests in four near-field exploration blocks on the UK Continental Shelf.
[Read more…] about Serica acquires interest in Greater Laggan AreaBorr Drilling JV to acquire Fontis Energy jackups
General – Acquisition
Borr Drilling has entered into definitive agreements to acquire five jackups from Paratus Energy Services indirect subsidiary Fontis Finance for a purchase price of $287 million.
[Read more…] about Borr Drilling JV to acquire Fontis Energy jackupsFirst major investment in West Africa for Energean
Fossil Energy – Acquisition
Energean has signed an agreement to acquire Chevron’s interests in Block 14 and Block 14K offshore Angola.
[Read more…] about First major investment in West Africa for EnergeanViking Supply Ships acquires AHTS from Kistefos
General – AHTS
Viking Supply Ships entered into an agreement to acquire the anchor handling tug supply (AHTS) vessel Maersk Maker from Kistefos on March 11.
[Read more…] about Viking Supply Ships acquires AHTS from KistefosNavitas acquires 65% stake in North Falklands oil license
General – Acquisition
Navitas Petroleum LP has signed a definitive farm-in agreement to acquire a 65% working interest in the PL001 North Falkland’s Basin licence from JHI Associates.
[Read more…] about Navitas acquires 65% stake in North Falklands oil licenseDeep Value Driller decides not to finalize agreement with Saipem
General – Sale
Saipem’s planned acquisition of the drillship Deep Value Driller has been called off, as owner Deep Value Driller has now entered into a binding agreement to sell the 7th generation rig to Eldorado Drilling for $300 million.
[Read more…] about Deep Value Driller decides not to finalize agreement with Saipem