M&A
Questions surround oilfield services M&A activity
19 January 2016
Difficult trading conditions bring uncertainty to M&A activity in a tense oilfield services sector
UK Premier sells Norwegian business for $120m
16 November 2015
Premier has quit Norway, selling assets to Det norske oljeselskap in a cash deal worth $120m
Marathon Oil sells Gulf of Mexico fields in $205m deal
11 November 2015
An anonymous buyer secured most of Marathon Oil's GoM fields in a major restructuring by the US company
Scepter makes $5bn swoop on Santos
23 October 2015
Australia’s Santos has rebuffed a A$7.14bn ($5.15bn) takeover bid from Middle Eastern private equity group Scepter
ExxonMobil: Go big or go home
19 October 2015
Takeover opportunities abound for ExxonMobil if it chooses to pull the trigger
ExxonMobil will only consider M&A if it adds value says CEO
8 October 2015
The market for upstream acquisitions is good with low asset values but chief executive Rex Tillerson said the company's criteria was unchanged
Energy Transfer wins $37bn Williams deal
29 September 2015
The takeover will create a midstream powerhouse with a vast network of pipeline and processing facilities across the US
Balfour Beatty bids $93m for UK Alkane
21 September 2015
A subsidiary of Balfour Beatty, Barbican Bidco, has made a £61.37mn ($93m) bid for AIM-listed UK gas and power producer Alkane
Woodside targets Oil Search in $8bn takeover bid
10 September 2015
Australia’s Woodside Energy is making an opportunistic A$11.6bn ($8.1 bn) takeover offer for Papua New Guinea (PNG)-focused Oil Search
Total sells UK midstream assets
27 August 2015
After the sudden drop in oil prices last year, Total is cutting costs to raise funds
Schlumberger pays $14.8bn for Cameron
26 August 2015
The oilfield service companies will merge as the transaction is completed in the first quarter of 2016
The market is good for merging but activity is quiet
20 August 2015
As Brent hits a six-year low, assets should be correspondingly attractive. However, apart from defensive mergers and portfolio rationalisations, M&A activity is quiet
Shell sells 30% stake in Showa Shell Sekiyu
18 August 2015
The move is part of a strategy to concentrate Shell's downstream activity to a smaller number of assets
ConocoPhillips puts Indonesian assets up for sale
14 August 2015
Only months after promising to increase investment in the country, ConocoPhillips is seeking a buyer for its assets
Pertamina to take control of Mahakam once contract expires
24 June 2015
Total and Inpex currently have a production sharing contract which will expire in 2017
QIA bullish on Shell-BG proposal
24 June 2015
Qatar's state investment vehicle QIA has hedged its bets with the Shell-BG proposed takeover
Shell's BG move is big on Asian gas
16 April 2015
The takeover signals an expectation that natural gas in the Asian market will grow
Shell buys BG to challenge ExxonMobil
15 April 2015
Shell has offered to acquire BG, to create a company with oil and gas production second only to that of ExxonMobil
Low oil prices create opportunity for China's dealmakers
6 January 2015
Despite slowing down M&A activity last year, Chinese oil companies may see new opportunities arising
Woodside snaps up Apache LNG stakes for $3.7bn
16 December 2014
The Australian LNG developer needed to make an acquisition to expand
Santos emerges as potential takeover target
27 November 2014
The company is on the defensive as its share price has taken a hit due to falling oil prices
IGas boosts shale gas estimates with Dart Energy deal
6 November 2014
The company says the most likely gas estimate is now 147 trillion cf for its north England plot
Woodside could spend up to $4.4bn on acquisition hunt
8 October 2014
The Australian company is looking to buy upstream and LNG projects
Chevron sells 30% of Duvernay shale acreage for $1.5bn
8 October 2014
Chevron has sold a 30% stake in its Canadian Duvernay shale acreage to a unit of with the Kuwait Foreign Petroleum Exploration Company (Kufpec) for $1.5 billion
Australia offering great shale gas investment opportunities
21 August 2014
Development of the country’s shales will follow the path blazed by the coal-bed methane sector – with lots of M&A, plenty of risk, and big rewards
Asian investors circle undervalued Aussie players
6 August 2014
More undervalued Australian energy companies with Asian assets could be snapped up as investors prepare to swoop