Acquisitions and Mergers Latest News

Thursday, October 8, 2015

Q3 2015 Oil & Gas M&A Slides to $18.2 Billion

Evaluate Energy's new report 'Q3 2015 Oil & Gas M&A Slides to $18.2 Billion' shows that the total value of upstream oil and gas deals reached $18.2 billion during Q3 2015, a value that represents a 61% shortfall compared to the average quarterly E&P M&A spend in the pas ...
North America | Thursday, October 8, 2015

Wednesday, October 7, 2015

Petrogrand and Shelton Petroleum announce strategic business combination

Petrogrand and Shelton Petroleum have entered into an agreement to form a combined and enlarged oil group with Russian oil assets exclusively Shelton Petroleum will according to the agreement issue 17,500,000 B shares for a contribution by Petrogrand of (i) its 49% own ...
Russia FSU | Wednesday, October 7, 2015

Nostrum Oil & Gas withdraws offer to acquire Tethys Petroleum

Tethys Petroleum Limited (TSX:TPL)(LSE:TPL) announces that Nostrum Oil & Gas PLC has withdrawn its proposed offer that was previously announced on September 23, 2015 to acquire the entire issued share capital of Tethys together with a proposed US$20 million interim fund ...
West Europe | Wednesday, October 7, 2015

Monday, October 5, 2015

Suncor Energy commences offer to acquire Canadian Oil Sands Limited

Suncor Energy Inc. today announced that it has formally commenced an unsolicited offer to Canadian Oil Sands Limited (TSX Symbol 'COS') shareholders to acquire all of the outstanding shares of COS for total consideration of approximately $4.3 billion. Under the terms of ...
North America | Monday, October 5, 2015

Wednesday, September 30, 2015

Primeline Energy Holdings suspends proposed merger with Loyz

Primeline Energy Holdings Inc. (TSX VENTURE:PEH) today announced with regret that it has terminated its previously announced proposed merger with Loyz Energy Limited due to current market volatility and sentiment. Primeline will continue discussing potential opportuniti ...
Asia Far East | Wednesday, September 30, 2015

Tuesday, September 29, 2015

American Patriot Oil and Gas receives 'opportunistic' bid of $20m for entire assets

American Patriot Oil and Gas has received a Letter of Intent for the sale of the entire oil and gas assets of AOW for US$20m cash to a private US oil company, Edward Mike Davis, LLC. The Letter of Intent was received from the legal advisors of Edward Mike Davis, LLC and ...
North America | Tuesday, September 29, 2015

Monday, September 28, 2015

Halliburton and Baker Hughes announce additional divestiture proposals

Halliburton Company (NYSE: HAL) and Baker Hughes Incorporated (NYSE: BHI) today announced that the companies will market for sale additional businesses in connection with Halliburton's pending acquisition of Baker Hughes. Pursuant to the Merger Agreement, and in order t ...
North America | Monday, September 28, 2015

Tuesday, September 22, 2015

Wood Group acquires Automated Technology Group

Wood Group has acquired Automated Technology Group (ATG), one of the UK's largest independent suppliers of control and power solutions for industrial automation. Established in 1996 and headquartered in Bedfordshire, ATG operates primarily in the UK automotive, food an ...
West Europe | Tuesday, September 22, 2015

Monday, September 21, 2015

Montana Exploration and Gale Force Petroleum complete acquisition arrangement

Montana Exploration Corp. (TSXV:MTZ) and Gale Force Petroleum Inc. (TSXV:GFP) (OTCQX:GFPMF) are pleased to announce that they have completed the plan of arrangement, pursuant to which Montana has acquired all of the issued and outstanding shares of Gale Force in exchang ...
North America | Monday, September 21, 2015

Tuesday, September 15, 2015

Nostrum Oil & Gas and Tethys Petroleum still in talks regarding possible takeover

Nostrum Oil & Gas PLC (LSE: NOG), an independent oil and gas company engaging in the production, development and exploration of oil and gas in the pre-Caspian Basin, makes the following announcement to provide an update on the possible offer by Nostrum for the entire is ...
West Europe | Tuesday, September 15, 2015

Monday, September 14, 2015

Oil Search rejects Woodside's merger proposal

The Board of Oil Search Limited (ASX Code: OSH) advises that it has unanimously decided to reject Woodside's (ASX Code: WPL) non-binding conditional indicative proposal to acquire all the shares in Oil Search for a consideration of one Woodside share for every four Oil ...
Australasia | Monday, September 14, 2015

Thursday, September 10, 2015

Cegal expands in UK market with acquisition of Escape Business Technologies

Cegal, headquartered in Stavanger, Norway has acquired 100% of the shares in Aberdeen-based Escape Business Technologies (Escape). The joint forces of the two technology firms represent a significant strengthening of Cegal's position in the UK market. Cegal is an innov ...
West Europe | Thursday, September 10, 2015

Tuesday, September 8, 2015

Woodside Petroleum proposes merger with Oil Search

Oil Search Limited (ASX Code: OSH) advises that it has received a non-binding indicative proposal from Woodside (ASX Code: WPL) under which Woodside would acquire all of the shares in Oil Search for a consideration of one Woodside share for every four Oil Search shares ...
Australasia | Tuesday, September 8, 2015

Monday, September 7, 2015

Proserv announces acquisition of Nautronix

PROSERV GROUP LLC, a leading energy services company, has acquired Nautronix, a leader in the supply of subsea digital acoustic communication products and positioning services to the oil and gas industry, based in Aberdeen, United Kingdom. Proserv is a portfolio company ...
West Europe | Monday, September 7, 2015

Unite and Take Over

Amidst the gloomy days of August when Brent Crude bottomed out at $42/bbl, the acquisition of Cameron by Schlumberger ($14.8 billion) took place as one of the largest mergers in the oil patch, following the tie-up of Halliburton and Baker Hughes ($32 billion) in Novembe ...
North America | Monday, September 7, 2015

Sound Oil awarded exclusivity on second Moroccan acquisition

Sound Oil, the Mediterranean focused upstream gas company, is pleased to announce that it has entered into an agreement with Maghreb Petroleum Exploration S.A., under which Maghreb has awarded Sound Oil a two month period of exclusivity to negotiate and complete the acq ...
North Africa | Monday, September 7, 2015
Popular Headlines View all

Latest Opinion View all

Join 90,000 other oil and gas professionals

Network with others, build your profile, and receive the latest oil and gas news in your inbox. It's free!

Create profile

Time for a change? All jobs Jobs near you

OilVoice Training All upcoming


OilVoice, established in 2002, is your leading source of upstream news, jobs and industry information.


Each week we send our weekly industry round-up. Why not try it? You may unsubscribe at any time.

Contact OilVoice

Milton Keynes
United Kingdom
Phone: +44 207 993 5991
Contact Us

Stay Connected

2015 © OilVoice  .  Privacy Policy  .  Terms of Service  .  Oil Careers  .  Advertise with us