Acquisition
Equinor has reached an agreement with bp to acquire its interest in the Bay du Nord project offshore Canada, increasing Equinor’s ownership to 100%.
[Read more…] about Equinor acquires bp’s interest in Bay du Nord projectJERA Nex bp increases ownership in Northwester 2 and Nobelwind
Acquisition
JERA Nex bp has completed the acquisition of Sumitomo Corporation’s stakes in the Nobelwind and Northwester 2 offshore wind farms.
[Read more…] about JERA Nex bp increases ownership in Northwester 2 and NobelwindVietnamese steelmaker Hoa Phat invests in offshore wind
Wind Energy
Vietnamese steel giant Hoa Phat Group has invested VND600 billion (US$22.78 million) to acquire a 30-percent stake in Song Hau Offshore Wind Power JSC.
[Read more…] about Vietnamese steelmaker Hoa Phat invests in offshore windWintermar acquires ownership of Fast Offshore Supply
Acquisition
Wintermar Offshore Marine Group has completed the acquisition of full ownership in Singapore-based Fast Offshore Supply and its Indonesian subsidiary.
[Read more…] about Wintermar acquires ownership of Fast Offshore SupplyAnother key step forward for Gennaker
Strategic Partnership
Skyborn Renewables and Stadtwerke München (SWM) have agreed to form a strategic partnership for the Gennaker offshore wind project, with SWM acquiring a 25% stake.
[Read more…] about Another key step forward for GennakerVår Energi reshapes NCS portfolio
Transactions
Vår Energi has agreed a series of transactions on the Norwegian Continental Shelf (NCS) that will strengthen its position in core producing hubs, increase ownership in key development projects, and provide greater flexibility in capital allocation.
[Read more…] about Vår Energi reshapes NCS portfolioEnQuest to buy Malaysia offshore interests
Acquisition
EnQuest has agreed to acquire interests in four offshore production sharing contracts (PSCs) in Malaysia for up to $833 million.
[Read more…] about EnQuest to buy Malaysia offshore interestsNew acquisition expands TGS’ multi-source seismic capabilities
Acquisition
TGS, provider of energy data and intelligence, announced the acquisition of Apparition Geoservices, securing exclusive access to its proprietary simultaneous source acquisition and separation technology.
[Read more…] about New acquisition expands TGS’ multi-source seismic capabilitiesOEG buys wind services specialist Hybrid
Wind Energy
OEG has acquired Hybrid Resource Management to expand its technical services capability.
[Read more…] about OEG buys wind services specialist HybridShell made its biggest upstream investment in years
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 years