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  • Wood Group has completed its £2.2mn acquisition of Amec Foster Wheeler, following the sale of Amecs North Sea assets to Australian engineering group Worley Parsons. The UK Competition and Markets Authority had said it would only green light the acquisition if Amecs North Sea assets were sold to a ...

    • Availability: Online
    • Record type: News Item

  • BP and Oman Oil have signed a heads of agreement with the Omani government, committing to amend the Oman block 1 exploration and production sharing agreement, extending the licence area of the block and enabling further development of the Khazzan tight gas field. BP is the operator of block 61, with...

    • Availability: Online
    • Record type: News Item

  • Polands government is considering the merger of the nations biggest oil companies PKN Orlen, Grupa Lotos and PGNiG to avoid hostile takeovers, according to Treasury Minister Dawid Jackiewicz. Together these companies have a joint market capitalisation of $14.7bn reports Bloomberg. 

    • Availability: Online
    • Record type: News Item

  • Rockhopper Exploration has completed its $11.9mn acquisition of Beach Petroleum (Egypt), which holds a 22% interest in the Abu Sennan concession and a 25% interest in the El Qaa Plain concession.

    • Availability: Online
    • Record type: News Item

  • Rosneft is to join as an equal partner in BPs ongoing project with Schlumbergers seismic business, WesternGeco, to develop innovative cableless onshore seismic acquisition technology. The technology aims to revolutionise the design and acquisition of 2D and 3D seismic surveys, which in turn will i...

    • Availability: Online
    • Record type: News Item

  • Shells $70bn acquisition of BG Group has received approval from the Australian Treasurer through the Foreign Investment Review Board. The approval follows the unconditional approval by the Australian Competition and Consumer Commission and completes the regulatory review process in Australia. This ...

    • Availability: Online
    • Record type: News Item

  • Faroe Petroleum has clinched a deal to boost its oil production in the Norwegian North Sea while battling a hostile takeover bid from its largest shareholder. Faroe told shareholders that the asset swap arrangement with Norwegian major Equinor, formerly known as Statoil, would raise its oil producti...

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