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Mergers and Acquisitions News

CCS Signs Framework Agreement with MAN
China >> 12/8/2017 - On December 6 2017, MAN Diesel & Turbo signed a Framework Agreement for Technical Cooperation with the China Classification Society (CCS) during Marintec China 2017. The Agreement provides for the str...
LetterOne and BASF Sign Letter of Intent
Denmark >> 12/7/2017 - DEA Finance SA announces that LetterOne, the shareholder of the DEA Group, has confirmed it has signed a Letter of Intent with BASF to combine the parties’ oil and gas businesses in a joint venture to...
Petrofac and SOCAR Form Joint Venture
Azerbaijan >> 12/5/2017 - Petrofac’s Training Services business and the State Oil Company of the Republic of Azerbaijan (SOCAR) have signed a Shareholders Agreement to form a Joint Venture for the pursuit of training opportuni...
Emerson Completes Paradigm Acquisition
United States >> 12/4/2017 - Emerson has completed the purchase of Paradigm®, a leading provider of software solutions to the oil and gas industry. ...
BP & Copersucar to Form a New Joint Venture in Brazil
Brazil >> 11/30/2017 - BP Biofuels and Copersucar announced that they have agreed to form a joint venture to own and operate a major ethanol storage terminal in Brazil, better and flexibly connecting ethanol production with...
OTHERS Consortium Agreement with Brooke Dockyard, Engineering Works Corporation & Samling Energy
Malaysia >> 11/29/2017 - Description Consortium Agreement with Brooke Dockyard and Engineering Works Corporation and Samling Energy Sdn Bhd ...
Rosneft & Pertamina Set Up a JV for the Development of TGRR Project
Indonesia >> 11/28/2017 - Rosneft and Indonesian state-owned oil and gas company Pertamina completed the establishment of the joint venture for the development of Tuban grass root refinery and petrochemical complex (TGRR) in T...
ABB & HPE Bring Intelligence to Industrial Plants
Switzerland >> 11/28/2017 - ABB and Hewlett Packard Enterprise (HPE) today announced a strategic global partnership that combines ABB’s industry-leading digital offerings, ABB AbilityTM, with HPE’s innovative hybrid information ...
ABB & Kawasaki Announce Collaborative Robot Automation Cooperation
Switzerland >> 11/27/2017 - ABB and Kawasaki Heavy Industries, two global industrial automation and robot suppliers, announced that the companies will join forces to share knowledge and promote the benefits of collaborative robo...
Gazprom Gazomotornoye Toplivo & Bolivia’s YPFB Sign Memorandum of Intent
Russia >> 11/24/2017 - Mikhail Likhachev, Director General of Gazprom Gazomotornoye Toplivo, and Oscar Javier Barriga Arteaga, Acting Executive President of Yacimientos Petroliferos Fiscales Bolivianos (YPFB), signed a Memo...
TATNEFT, Gazprom Neft & Zarubezhneft Have Created a Consortium to Study the Carbonate Deposits
Russia >> 11/23/2017 - TATNEFT, Gazprom Neft and Zarubezhneft have signed a cooperation memorandum on in the field of development competencies required for the implementation of exceptionally challenging projects for the de...
Gazprom Neft, Tatneft & Zarubezhneft Create Consortium to Investigate Carbonate Hydrocarbon Deposits
Russia >> 11/22/2017 - Gazprom Neft, Tatneft and Zarubezhneft have concluded a Memorandum of Cooperation on the development of the skills and competencies needed for the development of exceptionally challenging projects in ...
Aker BP Forms Two Separate Drilling & Well Alliances
United States >> 11/21/2017 - Aker BP has entered into two separate alliance agreements, one with Maersk Drilling and Halliburton for Jack-Ups, and one with Odfjell Drilling and Halliburton for Semi-submersibles. Both alliances ar...
Mitsui to Participate in FSRU Project in Pakistan
Pakistan >> 11/17/2017 - Mitsui & Co has entered into an agreement with BW Group to form a joint venture and to acquire a 49% stake in the JV to jointly own the Floating Storage and Regasification Unit ('FSRU') BW Integrity. ...
Venezuela Chooses Dutch-Based Firm for Orinoco Oil JV
Venezuela >> 11/16/2017 - Venezuela has selected a little-known, Dutch-registered company for a new joint venture at the Junin 10 oil block in its Orinoco Belt region, according to a decree published on Thursday. ...
OSRL & Bayfield Oil Services Announce Joint Venture Agreement
Ghana >> 11/15/2017 - Oil Spill Response Limited (ORSL), the largest international industry-funded cooperative, and Ghana’s Bayfield Oil Services, today announced the establishment of a joint venture. The new strategic all...
Savannah Provides Corporate & Niger Operational Update
Nigeria >> 11/15/2017 - Savannah Petroleum has entered into a lock up agreement with, inter alia, Seven, Seven Energy Finance Limited ('SEFL'), certain other subsidiaries of Seven (together, the 'Seven Group') and certain of...
Mitsui & BW in FSRU Joint Venture
Bermuda >> 11/14/2017 - BW Group Limited and Mitsui & Co. are pleased to announce the formation of a Joint Venture (JV) to jointly own the Floating Storage and Regasification Unit (FSRU) BW Integrity. Mitsui & Co. has purcha...
Africa Oil and Eco (Atlantic) Oil and Gas Announce Strategic Partnership
Namibia >> 11/13/2017 - Africa Oil Corp. has entered into a strategic partnership with Eco (Atlantic) Oil and Gas Ltd. for exploration in West Africa and Guyana. Under the terms of an investment agreement, AOC has agreed to ...
Rosneft & CEFC Deepen Strategic Cooperation
Russia >> 11/10/2017 - Rosneft and Chinese energy company CEFC at the margins of the APEC Summit signed an agreement to perform a joint preliminary study of possible construction of petrochemical facility in Hainan Province...

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