Mergers and Acquisitions News

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...
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. ...
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...
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.
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...
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...
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...
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...
Talisman Completes the Acquisition by Repsol
Canada >> 5/8/2015 - Talisman Energy Inc. announces that the acquisition of Talisman by Repsol S.A. by way of an arrangement under the Canada Business Corporations Act has been completed. ...
AMETEK Acquires Global Tubes for Approximately $200m
United Kingdom >> 5/8/2015 - AMETEK, Inc. has acquired Global Tubes, a leading manufacturer of high-precision, small-diameter metal tubing, for approximately $200 million. The business has annual sales of approximately $120 milli...
Azabache Energy Sells Panamanian Subsidiary
Argentina >> 5/7/2015 - Azabache Energy Inc. has sold 100 % of its Panamanian subsidiary Azabache Energia Corp. to Evolvere Capital, an independent private equity firm. The result of the sale will cause the Company to take a...
Shell & Total Align Trading and Refining Units to Drive Profit Growth
Netherlands/Holland >> 5/1/2015 - Top oil firms Royal Dutch Shell and Total are bringing their refining and trading operations closer together, seeking alternative ways to drive profits as oil prices fall and independent trading house...
Whitecap Resources Completed Acquisition of Beaumont Energy
Canada >> 5/1/2015 - Whitecap Resources Inc. has successfully completed the previously announced acquisition of Beaumont Energy Inc. pursuant to a plan of arrangement under the provisions of the Business Corporations Act ...
Pursuing Marginal Field Opportunities in Nigeria through Acquisition of Shares in Burj Africa
Nigeria >> 4/29/2015 - Solo has exchanged its shareholding in Pan Minerals Oil and Gas AG for a direct holding of 15.9% in Burj Petroleum Africa Limited, a private UK registered company created with the purpose of participa...

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