Aurora Energy Services acquire Encomara Strengthening floating wind technology and subsea systems capability

Aurora Energy Services (Aurora) has acquired Encomara, a specialist in floating wind deployment systems and subsea engineering, and will provide significant investment to support the roll-out of its flagship mooring connection technology. The acquisition brings into the Aurora fold Encomara’s innovative SQUID system - a proprietary quick-connect system that integrates pre-installed mooring and electrical connections... Continue Reading →

June 5, 2025 0

Petrobras submits a declaration of interest for exploratory blocks in the Ivory Coast

Petróleo Brasileiro S.A. – Petrobras informs it has submitted a declaration of interest for exploratory blocks on the offshore areas of the Ivory Coast, a country located on the west coast of Africa. The Ivory Coast government, through its Council of Ministers, approved Petrobras' declaration of interest for nine blocks. This is the first phase... Continue Reading →

June 5, 2025 0

PREVIEW Exxon, Hess to face off over Chevron deal for oilfield riches

(Reuters) - Top U.S. oil producer Exxon Mobil and Hess will meet face-to-face on Monday in a court hearing to determine the fate of Chevron's $53 billion deal to buy Hess and with it a prized stake in Guyana's prolific oilfields. The planned acquisition, announced in October 2023, is one of the oil industry's biggest deals in years. It is key... Continue Reading →

May 26, 2025 0

Brazil’s Novonor confirms Tanure’s offer for controlling stake in Braskem

(Reuters) - Brazilian businessman Nelson Tanure has made an offer to acquire a controlling stake in Braskem, a securities filing showed on Friday, confirming local media and Reuters reports that cited sources earlier in the day. The tycoon is looking to acquire conglomerate Novonor's (ODBES.UL) stake in Braskem for an undisclosed value, according to the... Continue Reading →

May 24, 2025 0

Norway’s Statkraft selling renewable assets in Colombia to Ecopetrol

(Reuters) - Colombian state-run oil company Ecopetrol said on Tuesday it agreed to buy 10 wind and solar energy project development companies from Norway's Statkraft. Ecopetrol CEO Ricardo Roa said the portfolio of projects could total up to 1.3 gigawatts in capacity, but did not disclose the value of the transaction. Statkraft bought the assets last... Continue Reading →

May 22, 2025 0

DEME Acquires 50% Stake in BAUER Offshore Technologies

(OE) DEME Offshore Holding, a wholly owned subsidiary of DEME Group, has acquired a 50% stake in BAUER Offshore Technologies, a BAUER Group company. BAUER Offshore Technologies specializes in drilling services for the installation of foundations for offshore wind farms. The company will become part of DEME’s Offshore Energy segment. The experienced eight-person team will continue... Continue Reading →

May 15, 2025 0

Perenco Finds More Gas Offshore Trinidad and Tobago

(OE) Perenco Trinidad & Tobago (T&T), as the operator of the Teak, Samaan and Poui (TSP) fields, has found gas as part of a drilling campaign at the Onyx field, offshore Trinidad and Tobago. The two legs, at the Onyx well and sidetrack in the eastern part of the Onyx field, encountered significant columns of natural gas... Continue Reading →

May 15, 2025 0

Nigeria talks with Petrobras on deep water acreage, minister says

(Reuters) - Nigeria is discussing exploration of its deep water oil acreage with Petrobras, years after the Brazilian oil giant exited the west African nation, Nigeria's Foreign Minister Yusuf Tuggar said. "Petrobras is no longer active in Nigeria, but they are very keen on coming back to Nigeria. They said they want frontier acreage in... Continue Reading →

May 15, 2025 0

BP shares rise as FT reports more rivals looking at possible takeover

(Reuters) - Shares in BP edged higher on Friday after the Financial Times reported a number of rivals have "run the numbers" about a possible takeover of the London-listed oil company. Shell, Chevron, ExxonMobil, TotalEnergies and Adnoc have all looked at the figures, the FT reported citing sources, while trading house Vitol might be interested in... Continue Reading →

May 9, 2025 0

Karoon concludes purchase of FPSO Cidade de Itajai valued at U$ 115 million

(PN) Karoon announced that it has completed the transaction with Altera & Ocyan for the purchase of FPSO Cidade de Itajaí, located in the Baúna field, in the Santos Basin. The total value of the deal was US$115 million, plus approximately US$8 million in transaction costs, with the final payment of US$85 million to be... Continue Reading →

May 5, 2025 0

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Category: Acquisitions

Aurora Energy Services acquire Encomara Strengthening floating wind technology and subsea systems capability

Petrobras submits a declaration of interest for exploratory blocks in the Ivory Coast

PREVIEW Exxon, Hess to face off over Chevron deal for oilfield riches

Brazil’s Novonor confirms Tanure’s offer for controlling stake in Braskem

Norway’s Statkraft selling renewable assets in Colombia to Ecopetrol

DEME Acquires 50% Stake in BAUER Offshore Technologies

Perenco Finds More Gas Offshore Trinidad and Tobago

Nigeria talks with Petrobras on deep water acreage, minister says

BP shares rise as FT reports more rivals looking at possible takeover

Karoon concludes purchase of FPSO Cidade de Itajai valued at U$ 115 million

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