Oranje-Nassau Energie B.V. (ONE) and SHV Holdings announce that agreement has been reached on the merger of their upstream energy businesses, in a combined entity called ONE-Dyas. [Read more…]
McDermott CEO outlines rationale for CB&I merger
The market downturn of the past few years has forced offshore contractors and service companies to look for mergers and alliances that provide diversification opportunities, complementary capabilities, and economies of scale.
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Bibby Offshore and Rever Offshore to merge
Fara Holdco, owners of the Bibby Offshore group of companies announced a merger with Rever Offshore AS.
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LetterOne and BASF sign Letter of Intent to merge oil and gas businesses to create Wintershall DEA
LetterOne announced today that it has signed a Letter of Intent with BASF to combine the parties’ oil and gas businesses in a joint venture. The new merged entity would operate under the name Wintershall DEA.
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Ensco to acquire Atwood Oceanics
Ensco and Atwood Oceanics jointly announced that they have entered into a definitive merger agreement under which Ensco will acquire Atwood in an all-stock transaction.
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