Acquisitions and Mergers

Latest News and Press Releases

Asia - Far East

Salamander Energy Announces Vietnamese Acquisition

18 March 2010

Salamander Energy plc, the Asia focussed independent oil and gas exploration and production company, announces that it has agreed to acquire a 50% int...

Africa

Norse Energy and Pan-Petroleum Create New South Atlantic Oil and Gas Independent

16 March 2010

New Brazil Holding ASA ('NBH'), a company controlled by Norse Energy Corp. ASA ('NEC'), and Pan-Petroleum (Holding) Cyprus Ltd. ('Pan-Petroleum')...

Australasia

Origin Completes Otway Gas Project Acquisition

16 March 2010

Origin Energy Limited, Australia's leading integrated energy company, has increased its interest in the Otway Gas Project to 67% following completion ...

North America

Brigham Exploration to Acquire Over 10,000 Net Acres in Its Rough Rider Project Area

15 March 2010

Brigham Exploration Company has signed a purchase and sale agreement to acquire just over 10,000 net acres in the northeastern portion of its Rough Ri...

North America

Petrohawk Announces Sale of Terryville Field for $320 Million

15 March 2010

Petrohawk Energy Corporation has entered into a definitive agreement to sell its interest in Terryville Field, located in Lincoln and Claiborne P...

North America

Dominion Agrees to Sell Exploration & Production Business for $3.475 Billion

15 March 2010

Dominion today announced that it has agreed to sell its natural gas and oil exploration and production business to a newly-formed subsidiary of CONSOL...

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North America

B&W to Acquire GE Energy's Electrostatic Precipitator and Emissions Monitoring Businesses

15 March 2010

McDermott International, Inc., announces that one of its subsidiaries, Babcock & Wilcox Power Generation Group, Inc. ("B&W") has signed a...

Worldwide

BP Enters Deepwater Brazil and Strengthens Core Portfolio

11 March 2010

BP today announced a transaction that will deliver a material exploration position in the deepwater offshore Brazil and significantly enhance its posi...

North America

Devon Energy Announces $7.0 Billion of Property Sales and Oil Sands Joint Venture

11 March 2010

Devon Energy Corporation has entered into agreements to sell all of its assets in the deepwater Gulf of Mexico, Brazil and Azerbaijan to BP for $...

North America

Schlumberger Acquires Nexus Geosciences

10 March 2010

Schlumberger has acquired Nexus Geosciences, Inc., a Houston-based provider of integrated seismic software and services for rapid imaging, modeling an...

North America

Denbury and Encore Merger Approved

09 March 2010

Denbury Resources Inc. and Encore Acquisition Company have jointly announced that they have received the requisite stockholder approval to merge Encor...

West Europe

Rheochem Acquires Remaining 50% shareholding of Zeus Petroleum

08 March 2010

Rheochem Plc the oil and gas business with oil services, production, development and exploration assets announces it has acquired the remaining 5...

North America

Helix Updates Strategic Direction for Oil & Gas Business

08 March 2010

Helix Energy Solutions announces that it is engaging financial advisors to assist the Company in evaluating the strategic alternatives available for a...

West Europe

Valiant Petroleum Increases Stake in UK Causeway Field

07 March 2010

Valiant Petroleum plc has signed a Conditional Letter Agreement ("CLA") to acquire Antrim Causeway (N.I.) Limited, a wholly owned subsidiary of Antrim...

Asia - Far East

AED Completes Indonesian Acquisitions

05 March 2010

AED reports that its wholly owned subsidiary, AED Oil Investments Pty Ltd, has now completed the acquisitions of Nations Petroleum (Rombebai) BV ...

North America

Provident Completes Sale of West Central Alberta Oil and Natural Gas Assets

01 March 2010

Provident Energy Trust has completed the previously announced sale of its oil and natural gas assets in West Central Alberta to Storm Ventures Interna...

West Europe

ATR Group Renews Focus on Core Business With Sale of Engineering Business

01 March 2010

THE ATR Group has sold its engineering division, for an undisclosed figure, as it focuses on maximising the success of its core business in the plant,...

North America

Petrohawk Announces Property Sales Totaling $175 Million

01 March 2010

Petrohawk Energy Corporation has entered into a definitive agreement to sell its interest in the West Edmond Hunton Lime Unit (WEHLU) Field in Ok...

Australasia

L&M Energy Completes Acquisition of L&M Coal Seam Gas Limited

01 March 2010

L&M Energy Limited (LME) announces the successful completion of its acquisition of L&M Coal Seam Gas Limited (LMCSG). The necessary shar...

Central America

Suncor Agrees to Sell Non-Core Assets in Trinidad and Tobago to Centrica

25 February 2010

Suncor Energy announces that, together with affiliates, it has reached an agreement to sell its assets in Trinidad & Tobago to Centrica plc throug...

Central America

El Paso Corporation to Sell Mexican Pipeline Assets

24 February 2010

El Paso Corporation has entered into an agreement to sell its interest in Mexican pipeline and compression assets to Sempra Pipelines & Storage, a...

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