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Offshore Engineer

M&A News 

FAR Postpones Vote on Sangomar Sale as Shareholders Study Remus Offer

April 15, 2021 Craig Gambol Offshore Engineer

Shashwat Awasthi April 15, 2021 Rendering of the Sangomar Field Development FPSO (Image courtesy of SOFEC) Australia’s oil and gas

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M&A News 

Remus Horizons Moves to Take Over FAR, Enter Senegal Offshore Block

April 14, 2021 Craig Gambol Offshore Engineer

Private investment fund Remus Horizons has launched a conditional takeover offer for the Australian oil company FAR, which owns a

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M&A News 

Wind Turbine Blade Services Providers GEV and WPL Merge

April 12, 2021 Craig Gambol Offshore Engineer

U.K. headquartered wind turbine blade repair and maintenance provider GEV Wind Power has merged with Wind Power Lab (WPL), a

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M&A News 

Marlink Gets OK to Acquire ITC Global from Panasonic

April 12, 2021 Craig Gambol Offshore Engineer

April 12, 2021 Caption: As part of the Marlink Group, ITC Global will mainly focus on energy and high-end customers

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M&A News 

Jersey Oil & Gas Completes Cieco V&C Acquisition

April 7, 2021 Craig Gambol Offshore Engineer

OE Staff April 7, 2021 UK-focused oil and gas company Jersey Oil & Gas (JOG) has completed the acquisition of

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M&A News 

Romgaz Bids to Buy Exxon’s Romanian Subsidiary

April 2, 2021 Craig Gambol Offshore Engineer

April 1, 2021 The Romanian flag colors on a stone - Image by yournameonstones - AdobeStock Romanian oil and gas

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M&A News 

Coatings Giant Hempel Buys Wattyl Australia and New Zealand

April 2, 2021 Craig Gambol Offshore Engineer

April 1, 2021 Lars Petersson, CEO of Hempel. Coatings manufacturer Hempel has completed the acquisition of Wattyl Australia and New

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M&A News 

Tailwind Energy Buys Decipher Energy

April 1, 2021 Craig Gambol Offshore Engineer

April 1, 2021 Credit: Tailwind Energy UK-focused oil company Tailwind Energy has acquired Decipher Energy Limited, an oil and gas

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M&A News 

Lukoil Pulls Out of Sangomar Race as it Decides Not to File Takeover Bid for FAR

April 1, 2021 Craig Gambol Offshore Engineer

Russian oil company Lukoil has decided not to launch a binding takeover offer for Australian oil firm FAR, which owns

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M&A News 

Chrysaor, Premier Oil Set to Complete Merger and Become Harbour Energy

March 31, 2021 Craig Gambol Offshore Engineer

The merger of Chrysaor and Premier Oil is due to complete on Wednesday, creating Harbour Energy, the UK North Sea’s

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M&A News 

Fugro to Sell Seabed Geosolutions to PXGEO

March 30, 2021 Craig Gambol Offshore Engineer

Dutch offshore survey services company Fugro has agreed to sell its Seabed Geosolutions subsidiary to PXGEO Seismic Services (PXGEO) to

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M&A News 

EnQuest ‘Confident’ of Securing Refinancing Needed for Golden Eagle Acquisition

March 26, 2021 Craig Gambol Offshore Engineer

Shadia Nasralla March 25, 2021 (File Photo: EnQuest) British North Sea-focused oil producer EnQuest is “confident” it will secure a

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M&A News 

Sval Energi Wraps $300M Edison Norge Buy

March 25, 2021 Craig Gambol Offshore Engineer

Norwegian oil and gas company Sval Energi said Thursday it had completed the $300 million acquisition of Edison Norge. The

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M&A News 

Polish PGNiG to Buy INEOS’ Norwegian Oil and Gas Business for $615M

March 25, 2021 Craig Gambol Offshore Engineer

INEOS Energy on Thursday announced the sale of its oil and gas business in Norway to Poland’s PGNiG for $615

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M&A News 

Tullow Shareholders Approve Sale of E. Guinea Assets to Panoro

March 18, 2021 Craig Gambol Offshore Engineer

March 18, 2021 File image - Tullow Tullow Oil shareholders on Thursday approved the sale of the company’s assets in

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M&A News 

INEOS E&P to Buy Hess Denmark for $150 million

March 18, 2021 Craig Gambol Offshore Engineer

INEOS E&P, a part of INEOS Energy, said Thursday it had entered into an agreement to acquire the U.S. oil

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M&A News 

Survitec to Acquire Hansen Protection

March 17, 2021 Craig Gambol Offshore Engineer

March 17, 2021 (Photo: Survitec) U.K.-based safety and survival solutions provider Survitec on Wednesday said it has signed an intent

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M&A News 

CHC to Acquire Babcock’s Oil & Gas Helicopter Business

March 12, 2021 Craig Gambol Offshore Engineer

March 12, 2021 Credit: Babcock Offshore helicopter operator CHC has agreed to buy the oil and gas aviation business of

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M&A News 

Tulip Oil Agrees to Sell Dutch Subsidiary to Kistos

March 12, 2021 Craig Gambol Offshore Engineer

Oil company Tulip Oil has agreed to sell its Dutch subsidiary Tulip Oil Netherlands to Kistos for 220 million euros,

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M&A News 

Oilfield Services Firms Expro and Frank’s Set to Merge

March 11, 2021 Craig Gambol Offshore Engineer

UK-based oilfield well services company Expro and drilling and completions solutions provider and Dutch-based Frank’s International on Thursday announced a definitive

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M&A News 

Insulation Firm Kaefer Looking to Sell Minority Stake

March 10, 2021 Craig Gambol Offshore Engineer

German industrial insulation specialist Kaefer is exploring a sale of a minority stake, as it seeks to cope with fallout

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M&A News 

NEO Energy to Take Over Zennor in $625M Deal

March 10, 2021 Craig Gambol Offshore Engineer

HitecVision-backed NEO Energy has agreed to acquire independent oil and gas company Zennor Petroleum from Kerogen Capital for up to

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M&A News 

Report: Japanese Renewables Company JRE Up for Sale

March 9, 2021 Craig Gambol Offshore Engineer

Arno Schuetze, Christoph Steitz and Ron Bousso March 9, 2021 Illustration - Image by halberg/AdobeStock Japanese renewables group JRE has

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M&A News 

Egypt: Shell Sells Western Desert Fields to Focus on Offshore Assets

March 9, 2021 Craig Gambol Offshore Engineer

Oil major Shell has agreed to sell its upstream assets in Egypt’s Western Desert so for US$646 million plus contingent

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M&A News 

Cairn to Sell Interests in UK Offshore Oil Fields for More Than $460M

March 9, 2021 Craig Gambol Offshore Engineer

OE Staff March 9, 2021 Catcher FPSO used for oil production at the Catcher field / Credit: David Newlands/MarineTraffic.com London-listed

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