Deals/mergers

Halliburton to buy Baker Hughes in USD 34.6bn deal

Submitted by Paddy Harris on Mon, 2014-11-17 16:21

17th November 2014

Halliburton to buy Baker Hughes in USD 34.6bn deal

Halliburton Company and Baker Hughes Incorporated today announced a definitive agreement under which Halliburton will acquire all the outstanding shares of Baker Hughes in a stock and cash transaction

Fosun closes Roc Oil acquisition and completes entry into oil and gas sector

Submitted by Paddy Harris on Mon, 2014-11-17 10:38

17th November 2014

Fosun closes Roc Oil acquisition and completes entry into oil and gas sector

Fosun International has announced that its wholly-owned subsidiary Transcendent Resources has closed the acquisition of Roc Oil Company last Friday, one of Australia's leading independent upstream oil and gas companies, by acquiring 92.6 per cent of Roc’s outstanding share capital.

Baker Hughes and Halliburton in collaboration talks

Submitted by Paddy Harris on Fri, 2014-11-14 17:26

14th November 2014

Baker Hughes and Halliburton in collaboration talks

Baker Hughes has confirmed that it is in discussions with Halliburton regarding a potential business combination transaction but has not given any further detail about the nature of any proposed deal

Occidental prepares to unload assets to Oman Oil Company

Submitted by Paddy Harris on Wed, 2014-10-22 12:37

22nd October 2014

Occidental prepares to unload assets to Oman Oil Company

Oman Oil Company is preparing to acquire assets from Occidental Petroleum in a move that could see key areas of production taken back under state control

FoundOcean Group acquires vibro-piling specialist CAPE Holland

Submitted by Paddy Harris on Tue, 2014-10-14 17:02

14th October 2014

FoundOcean Group acquires vibro-piling specialist CAPE Holland

FoundOcean Group announced today that it has acquired a majority stake in CAPE Holland Group, the vibro-piling specialist based in the Netherlands

Dragon Oil eyes Petroceltic takeover

Submitted by Paddy Harris on Mon, 2014-10-06 11:12

06th October 2014

Petroceltic has announced that it is in detailed discussions regarding a possible offer to be made by Dragon Oil for the issued, and to be issued, share capital of the company

Fosun set to enter hydrocarbon sector as Roc majority shareholder agrees to deal

Submitted by Paddy Harris on Fri, 2014-10-03 10:44

03rd October 2014

Fosun set to enter hydrocarbon sector as Roc majority shareholder agrees to deal

Transcendent Resources Limited, a wholly-owned subsidiary of Fosun International Limited has received acceptance instructions from Allan Gray Australia Pty Ltd (Allan Gray) (18.9 per cent) in respect of the off-market takeover bid by Fosun to acquire all of the ordinary shares in Roc

KrisEnergy completes Cambodia acquisition from Chevron

Submitted by Paddy Harris on Thu, 2014-10-02 08:20

02nd October 2014

KrisEnergy completes Cambodia acquisition from Cheevron

KrisEnergy has finalised the take-over of Chevron Overseas Petroleum (Cambodia) Limited (COPCL), having now received acknowledgement from the government of Cambodia for the change of control

Vallianz acquires OER to strengthen its South East Asia operations

Submitted by Paddy Harris on Wed, 2014-10-01 10:32

01st October 2014

Vallianz acquires OER to strengthen its South East Asia operations

Vallianz Holdings has announced that it is acquiring OER Holdings Pte. Ltd (OER) for USD 27.7m to strengthen its operations in South East Asia

Murphy sheds Malaysia assets in Pertamina farm-in deal

Submitted by Paddy Harris on Wed, 2014-10-01 09:36

01st October 2014

Murphy sheds Malaysia assets in Pertamina farm-in deal

Murphy Oil has announced that its wholly owned subsidiaries, Murphy Sabah Oil and Murphy Sarawak Oil, have entered into an agreement with PT Pertamina Malaysia Eksplorasi Produksi (Pertamina) to sell 30 per cent of Murphy's Malaysian oil and gas assets for an aggregate sales price of USD 2bn in an all cash transaction