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Mergers and Acquisitions News

Shell Completes Sale of Vivo Energy Stake for US$250 Million
Netherlands/Holland >> 4/26/2017 - Shell has completed the sale of its 20% interest in Vivo Energy Holding B.V. to Vitol Africa B.V. for a total amount of US$250 million. This sale was earlier announced on 23 December 2016 when Shell s...
Chevron Plans to Sell its Bangladesh Companies
Bangladesh >> 4/24/2017 - Chevron Corporation announced that its wholly-owned subsidiary, Chevron Global Ventures, Ltd., has entered into an agreement to sell the shares of its wholly-owned indirect subsidiaries operating in B...
DOF Subsea Acquires Shares in Canadian Subsea Shipping Company
Canada >> 4/24/2017 - DOF Subsea AS has purchased the remaining shares in Canadian Subsea Shipping Company AS. Before the transaction, DOF Subsea AS owned 45 % of the shares in the Company. Canadian Subsea Shipping Company...
Neptune Oil & Gas Nears Engie E&P Deal after CIC ups Stake
France >> 4/21/2017 - Neptune Oil & Gas moved closer to the $2 billion purchase of a majority stake in the exploration and production arm of French utility Engie after agreeing Chinese sovereign fund CIC could increase its...
Atlas Copco to Acquire Pump Rental Business in Brazil
Brazil >> 4/21/2017 - Atlas Copco, a leading provider of sustainable productivity solutions, has agreed to acquire Itubombas Locacao Comercio Importacao e Exportacao Ltda, a pump rental company in the Brazilian market. ...
Pan Pacific Petroleum to Sell Vietnam Interests to Repsol
Vietnam >> 4/18/2017 - Pan Pacific Petroleum has executed an agreement to sell all the shares of PPP’s subsidiary, Pan Pacific Petroleum (Vietnam) (PPV), the company that owns its 5% interest in Block 07/03 located in the N...
SIBUR Closes Sale of Uralorgsintez
Russia >> 4/17/2017 - SIBUR has closed the sale of a 100% stake in Uralorgsintez to EKTOS, a leading Russian producer of high-octane fuel components. The deal value totalled RUB 22 bn. ...
Decipher Energy Completes Acquisition of Iona Energy
United Kingdom >> 4/13/2017 - Decipher Energy has announced the completion of the acquisition of Iona Energy Company (UK), which holds a 75% Licence interest in both Orlando and Kells. The company is also in the final stages of co...
Enel Acquires 13.6% of the Romanian Subsidiaries E-Distributie Muntenia and Enel Energie Muntenia
Romania >> 4/12/2017 - Enel S.p.A. (“Enel”) announces that its wholly-owned subsidiary Enel Investment Holding B.V. (“EIH”) has today finalised the acquisition from SAPE S.A. (“SAPE”, the Romanian state-owned holding compan...
Rosneft Acquires a Strategic Asset in the New Production Cluster
Russia >> 4/11/2017 - Rosneft closed the acquisition of a 100% stake in the Kondaneft project, which is developing the Kondinsky, Zapadno-Erginsky, Chaprovsky and Novo-Endyrsky license areas in the Khanty-Mansiysk Autonomo...
Vedanta - Cairn India Merger Effective
India >> 4/11/2017 - Vedanta Limited (Vedanta) and Cairn India Limited (Cairn India) announced that the merger of Cairn India with Vedanta pursuant to the Scheme of Arrangement has become effective.

Vedanta is...
EXCO Resources Sells South Texas Oil & Natural Gas Properties for $300 million
United States >> 4/10/2017 - EXCO Resources has executed a definitive agreement with a subsidiary of Venado Oil and Gas, an affiliate of KKR, to divest its oil and natural gas properties in South Texas. The purchase price of $300...
SOCAR President Meets with Iranian Oil Minister
Azerbaijan >> 4/8/2017 - A delegation led by SOCAR President Rovnag Abdullayev, being on a visit to Iran, met with Bijan Namdar Zangeneh, Oil Minister of the Islamic Republic of Iran. During the meeting, representatives discu...
Long Term Contract for CSV Normand Oceanic
Mexico >> 4/7/2017 - Solstad Offshore ASA (SOFF) has, on behalf of the partly owned company Normand Oceanic AS, entered into an agreement with the Mexican company Typhoon Offshore (an affiliate of Grupo Salinas). ...
Premier Oil Signs Agreement for the Sale of Pakistan Business
Pakistan >> 4/5/2017 - Premier has signed a share purchase agreement with Al-Haj Energy Limited (Al-Haj) for the sale of Premier Oil Pakistan Holdings BV, which comprises Premier’s Pakistan business for a cash consideration...
Empyrean Energy Acquires Interest in Duyung PSC
Indonesia >> 4/4/2017 - AIM-listed Empyrean Energy has entered into a sale and purchase agreement to conditionally acquire up to a 20 per cent shareholding in West Natuna Exploration Ltd ('WNEL') from Conrad Petroleum. Conra...
Sale of Interest in Nova Transportadora do Sudeste Completed
Brazil >> 4/4/2017 - Petroleo Brasileiro S.A. – Petrobras informs that it concluded the sale transaction announced on September 23, 2016, of 90% of the company's shares in Nova Transportadora do Sudeste (NTS) to Nova Infr...
ABB to Acquire B&R
Austria >> 4/4/2017 - ABB announced the acquisition of B&R, the largest independent provider focused on product- and software-based, open-architecture solutions for machine and factory automation worldwide. B&R, founded in...
Bowleven Announces Termination of Strategic Review
United Kingdom >> 4/4/2017 - Further to the announcement made by the Company on 21 March 2017 regarding the initiation of a Strategic Review and commencement of an offer period, Bowleven confirms that it has concluded the review ...
Atlas Copco to Acquire Brazilian Compressor Manufacturer
Brazil >> 4/4/2017 - Atlas Copco, a leading provider of sustainable productivity solutions, has agreed to acquire Pressure Compressores Ltda., a Brazilian manufacturer of piston compressors and related equipment. ...

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