Mergers and Acquisitions News

Red Rock Enters Option to Invest in Elephant Oil Limited
Benin >> 6/26/2015 - Red Rock Resources plc has entered into an option agreement with Elephant Oil Limited, an oil and gas exploration company focused on West Africa. ...
Qatar Petroleum Completed the Reorganization Program
Qatar Petroleum Completed the Reorganization Program Qatar >> 6/24/2015 - Qatar Petroleum (QP) has announced the completion of a re-organization program which included the integration of Qatar Petroleum International (QPI) into QP. ...
PSI AG Executive Board Decides on Further Share Buyback
Germany >> 6/22/2015 - The Executive Board of PSI AG (ISIN DE000A0Z1JH9) decided on 22 June 2015 to buy back up to 150,000 of its own shares (this corresponds to approximately 0.96 percent of the capital stock) through the ...
Rosneft & PDVSA Signed a Memorandum on Development of Priority Projects
Venezuela >> 6/20/2015 - Rosneft and PDVSA signed at the St. Petersburg International Economic Forum a Memorandum regarding joint projects of the two companies in Venezuela, The document was signed by Chairman of Rosneft Mana...
ExxonMobil Sells Share of Chalmette Refining, LLC in Louisiana
United States >> 6/18/2015 - ExxonMobil has reached an agreement with PBF Energy Inc. for the sale and purchase of its 50 percent interest in Chalmette Refining, LLC in Chalmette, Louisiana. ...
MEO Australia, Brooke Dockyard to Cooperate on E&P Projects in Malaysia
Malaysia >> 6/17/2015 - MEO Australia Limited reported that the company and Malaysia-based Brooke Dockyard & Engineering Work Corporation (Brooke) signed an agreement to form a consortium to cooperate to identify and jointly...
Americas Petrogas to Sell Subsidiary to Tecpetrol
Argentina >> 6/17/2015 - Americas Petrogas Inc. announces that, further to its previously announced strategic review process, the Company has entered into a definitive agreement of purchase and sale with Tecpetrol Internation...
Petroamerica to Acquire all of PetroNova's Issued & Outstanding Shares
Colombia >> 6/15/2015 - Petroamerica Oil Corp, and PetroNova Inc, both Canadian oil and gas companies operating in Colombia, are pleased to announce that they have entered into an arrangement agreement dated June 12, 2015 (t...
MX Oil Provides Update on Mexican Joint Venture with Geo Estratos
Mexico >> 6/12/2015 - MX Oil plc has agreed a number of amendments to its Joint Venture Agreement ('JVA') with its local partner Geo Estratos ('Geo'), which include an increase in MX Oil's interest in any concessions or E&...
Trinidad and CanElson in Strategic Business Combination
Canada >> 6/11/2015 - Trinidad Drilling Ltd. (Trinidad) and CanElson Drilling Inc. (CanElson) are pleased to announce that they have entered into an arrangement agreement to combine both Trinidad and CanElson's premier con...
Primeline Signs MOU to Merge With Loyz Energy
United Kingdom >> 6/9/2015 - Primeline Energy Holdings Inc. announces that it has signed a memorandum of understanding ("MOU") to merge with Loyz Energy Limited ("Loyz"). The merger will result in the creation of an ambitious pan...
Solvay & INEOS Obtain European Commission Clearance for creation of INOVYN JV
Switzerland >> 6/9/2015 - Solvay and INEOS received final approval from the European Commission to form their 50/50 Chlorvinyls Joint Venture, to be known as INOVYN. ...
FMC Technologies & Technip Complete Forsys Subsea JV
FMC Technologies & Technip Complete Forsys Subsea JV United States >> 6/2/2015 - Forsys Subsea, a 50/50 joint venture of FMC Technologies, Inc. and Technip, has received all regulatory approvals. The parties closed the transaction making Forsys Subsea operational on June 1, 2015. ...
SOCAR-AQS Inks Agreement to Establish New Drilling JV
SOCAR-AQS Inks Agreement to Establish New Drilling JV Azerbaijan >> 6/2/2015 - SOCAR-AQS has signed a joint venture (JV) agreement with Archer Assets UK Limited (Archer) and Nobel Oil Services to establish O?uz Drilling, a new platform drilling company in Azerbaijan. ...
Kazakhstan to Team Up with Oil Majors to Develop Caspian Depression
Kazakhstan >> 6/1/2015 - Kazakhstan plans to form a consortium with global energy companies to explore and develop potentially huge hydrocarbon reserves in the Caspian Depression, Energy Minister Vladimir Shkolnik said. ...
Eurasia Drilling, Schlumberger Extend Deal Completion Date
United States >> 5/29/2015 - Schlumberger B.V. and the Company have agreed to extend the long-stop date for completion of the proposed merger from 31 May 2015 to 30 June 2015.
Establishment of a JV for Operation of Unified Naphtha Cracker in Mizushima
Japan >> 5/28/2015 - Asahi Kasei Corp. and its subsidiary Asahi Kasei Chemicals Corp., and Mitsubishi Chemical Holdings Corp. and its subsidiary Mitsubishi Chemical Corp. have concluded an agreement to establish an equall...
Alstom Acquires 100% of Signalling Solutions Ltd (SSL)
United Kingdom >> 5/28/2015 - Alstom has signed an agreement to buy Balfour Beatty’s share of Signalling Solutions Ltd (SSL), a 50-50 joint-venture between Alstom and Balfour Beatty established in 2007 to provide advanced signalli...
Verisk Analytics Closes WoodMac Acquisition for $2.8b
United Kingdom >> 5/19/2015 - Verisk Analytics, Inc., a leading data analytics provider, completed the acquisition of Wood Mackenzie Limited (WoodMac). Wood Mackenzie is a global leader in data analytics and commercial intelligenc...
BP & Sinopec Set Up Joint Venture Marine Bunkering Business
BP & Sinopec Set Up Joint Venture Marine Bunkering Business Singapore >> 5/19/2015 - BP and Sinopec Fuel Oil today announce the formation of a 50:50 marine fuels bunkering joint-venture, BP Sinopec Marine Fuels Pte Ltd. Based in Singapore, one of the largest and busiest ports in the w...

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