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Seadrill plans to take over management of acquired rigs

Thursday, April 6 2023

Fossil Energy – Management

Following its acquisition of Aquadrill, Seadrill President and CEO Simon Johnson said that Seadrill intends to take control of the former Aquadrill rigs at an appropriate time based on discussions with existing managers and the customers currently using these rigs.

[Read more…] about Seadrill plans to take over management of acquired rigs

Filed Under: Acquisition, Aquadrill, Drilling, drilling rig, drillship, International News, Seadrill Tagged With: acquisition, Aquadrill, seadrill

LS Cable to buy more shares of KT Submarine

Thursday, April 6 2023

General – Submarine Cables

LS Cable & System from South Korea plans to become the biggest shareholder of KT Submarine Corp.

[Read more…] about LS Cable to buy more shares of KT Submarine

Filed Under: Acquisition, International News, KT Submarine, LS Cable, Share purchase Tagged With: acquisition, KT Submarine, LS Cable, shares

Bid bp and ADNOC for interest in NewMed Energy

Tuesday, March 28 2023

Fossil Energy – East Mediterranean

bp today confirms that, together with ADNOC, it has made a non-binding offer to take NewMed Energy private through an acquisition of the free float and a partial acquisition of Delek’s stake, which would result in bp and ADNOC holding 50% of NewMed Energy. 

[Read more…] about Bid bp and ADNOC for interest in NewMed Energy

Filed Under: Acquisition, ADNOC, BP, International projects, Mediterranean Tagged With: acquisition, ADNOC, BP, NewMed Energy

Completion of transformative Gulf of Thailand acquisition

Wednesday, March 22 2023

Fossil Energy – Acquisition

Valeura Energy, the upstream oil and gas company with assets in the offshore Gulf of Thailand and the Thrace Basin of Turkey, is pleased to announce completion of its transformative Gulf of Thailand acquisition, as announced on December 6, 2022.

[Read more…] about Completion of transformative Gulf of Thailand acquisition

Filed Under: Acquisition, International projects, Thailand, Valeura Energy Tagged With: acquisition, Gulf of Thailand, Valeura Energy

DEI acquires stake in Hornsea One offshore wind farm

Tuesday, March 14 2023

Wind Energy – Acquisition

Daiwa Energy & Infrastructure, a strategic investment arm of Daiwa Securities Group, announces its acquisition of a minority stake in Hornsea One.

[Read more…] about DEI acquires stake in Hornsea One offshore wind farm

Filed Under: Acquisition, Hornsea, International projects Tagged With: acquisition, DEI, Hornsea One

Equinor acquires Suncor Energy UK

Friday, March 3 2023

Fossil Energy – Acquisition

Equinor UK Limited has signed an agreement to acquire Suncor Energy UK Limited for a total consideration of USD 850 million.

[Read more…] about Equinor acquires Suncor Energy UK

Filed Under: Acquisition, Buzzard, Equinor, International News Tagged With: acquisition, Buzzard, Equinor, Suncor Energy

EDF Renewables acquires offshore wind project in Australia

Monday, February 20 2023

Wind Energy – Australia

EDF Renewables in Australia, a subsidiary of the French energy group EDF, has completed the acquisition of the Newcastle floating offshore wind project.

[Read more…] about EDF Renewables acquires offshore wind project in Australia

Filed Under: Acquisition, Australia, EDF, Floating wind, International News, Newcastle floating wind project Tagged With: acquisition, australia, EDF Renewables, floating wind, Newcastle

AFRY acquires BLIX from the Netherlands

Thursday, February 16 2023

General – Acquisition

BLIX has decided to join the AFRY family and accordingly strengthen their offering in the global offshore and onshore wind energy market.

[Read more…] about AFRY acquires BLIX from the Netherlands

Filed Under: Acquisition, Afry, Blix, Design, Engineering, International projects Tagged With: acquisition, Afry, Blix, engineering

Boluda Towage to acquire Smit Lamnalco

Friday, February 10 2023

General – Towage

Boluda Towage has reached an agreement to acquire Smit Lamnalco, the world’s fifth-largest towage operator.

[Read more…] about Boluda Towage to acquire Smit Lamnalco

Filed Under: Acquisition, Boluda, International News, Towage Tagged With: acquisition, Boluda, Smit Lamnalco, towage

Expro enhances well construction portfolio with acquisition Deltatek

Thursday, February 9 2023

Fossil Energy – Acquisition

Energy services provider Expro acquires well construction cementing specialists DeltaTek Global.

[Read more…] about Expro enhances well construction portfolio with acquisition Deltatek

Filed Under: Acquisition, Cementing, Deltatek, Expro, International News Tagged With: acquisition, cementing sector, Deltatek, expro, well construction

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