Shell USA, Inc. (Shell USA) and Shell Midstream Partners, L.P. (NYSE: SHLX) (SHLX) have  announced they have executed a definitive agreement and plan of merger (the “Merger Agreement,” and the transactions contemplated thereby, collectively, the “Transaction”) pursuant to which Shell USA will acquire all of the common units representing limited partner interests in SHLX held […]

SDX, Tenaz have been informed that a shareholder representing that it owns 25.7% of SDX’s issued and outstanding shares intends to vote against the proposed Scheme of Arrangement to amalgamate Tenaz and SDX. The Scheme requires, among other things, that 75% of the shares voted by SDX shareholders support the combination for it to become […]

Waldorf Production Limited said it has entered into a binding Sale and Purchase Agreement with a wholly owned subsidiary of Shorelight Partners for the acquisition of Alpha Petroleum Resources Limited. The acquisition is coming less a month precisely in 23 March, 2022 after the company announced that it has entered into a binding Sale and […]

TGS ASA, a global provider of energy data and intelligence, has announced that it has been named a successful bidder in the auction process conducted in connection with ION Geophysical Corporation’s (ION) Chapter 11 bankruptcy case pending in the United States Bankruptcy Court for the Southern District of Texas.  As a result, TGS will acquire certain assets […]

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 […]