TGS ASA, a global provider of energy data and intelligence, has announced  that it has acquired Prediktor AS, a leading provider of asset management and real-time data management solutions to renewable and energy asset owners. Established in 1995, the company has carried out thousands of installations on mission-critical industrial and energy assets on all seven […]

Sequel to its super global merger with Maersk Drilling, Noble Corporation announced that it has entered into an asset purchase agreement to sell five jackup rigs for $375 million to a newly formed subsidiary (Buyer) of Shelf Drilling, Ltd. (Shelf Drilling) whose obligations under the asset purchase agreement will be guaranteed by Shelf Drilling (the […]

Shell Retail and Convenience Operations LLC, a wholly owned subsidiary of Shell Oil Products US (Shell), has completed the acquisition of certain company-owned fuel and convenience retail sites from the Landmark group of companies (Landmark). The acquisition also includes supply agreements for the independently operated fuel and convenience sites. Building on the strength of its […]

Woodside Energy Group Ltd (Woodside) and BHP Group Limited (BHP) have completed the merger of Woodside with BHP’s oil and gas portfolio to create a global energy company. Woodside has acquired the entire share capital of BHP Petroleum International Pty Ltd (BHPP) and issued 914,768,948 new Woodside shares to BHP, which BHP will distribute to […]

Wintershall Dea has entered into a sale and purchase agreement to acquire Edison’s 11.25% participating interest in the Reggane Nord natural gas project. After the transaction is closed, the consortium Groupement Reggane Nord (GRN), operator of the project, will comprise Sonatrach (40%), Wintershall Dea (30.75%) and Repsol (29.25%). Algeria has significant energy potential. The country […]

Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), has signed an agreement with Actis Solenergi Limited (Actis) to acquire 100% of Solenergi Power Private Limited for $1.55 billion and with it, the Sprng Energy group of companies. Sprng Energy supplies solar and wind power to electricity distribution companies in India. Its […]

Valeura Energy Inc. said that it has entered into a Sale and Purchase Agreement with KrisEnergy to acquire all of the shares of KrisEnergy International (Thailand) Holdings Ltd.  SPA, which holds an interest in two operated licences offshore Thailand for total initial cash consideration of US$3.1 million, plus certain contingent payments of up to a […]

BUTEC based in UAE, a leading contracting group in the MENA and GCC regions, has recently completed the takeover of 17 Energy Services companies in Africa previously owned by the energy global player, ENGIE Group. The acquisition process was completed on the 31st of March 2022, following the initial agreement signed on the 16th of […]

Noble Corporation and Maersk Drilling have said that the ongoing merger control process for the business combination announced on 10 November 2021 at this point in time, has been unconditionally approved by the competition authorities in Brazil, Norway, and the Republic of Trinidad & Tobago. Noble Corporation and Maersk Drilling merger is coming barely one […]

Further to the announcements of 7 April 2022 and  10 August 2021 United Oil & Gas PLC  has announced that the sale of 100% of the share capital of UOG Italia Srl to PXOG Marshall Limited, a subsidiary of Prospex Energy PLC for a consideration of 2,164,701  has now completed, having received the final approvals from the […]