Mergers & Acquisitions

Unique Group Acquires Oceanvision

Unique Group continues global expansion with the purchase of Singaporean company Oceanvision PTE   Integrated subsea and offshore solution provider Unique Group,

Umicore, Sinochem Expected to Bid for Total's Atotech

Chemicals groups Umicore and Sinochem are among the groups interested in German surface finishing and metal plating company Atotech, put on the block by France's oil giant Total,

SABIC, ExxonMobil unit Mull Petchem JV

Saudi Basic Industries Corp (SABIC), one of the world's largest petrochemicals groups, said on Monday it is studying launching a jointly-owned petrochemicals complex with an affiliate of Exxon Mobil.

MHI Set-ups Subsidiary in Egypt

Mitsubishi Heavy Industries, Ltd. (MHI) established the subsidiary MHI Technologies S.A.E (MHI Egypt) in the Egyptian city of New Cairo. With Egypt completing

IOC Mulls Buying GSPC's Stake in Mundra Terminal

 Indian Oil Corporation (IOC), the country's largest oil company,  is in talks to buy debt-laden Gujarat State Petroleum Corp’s (GSPC) stake in the under-construction Rs.

Silver Run Takes Majority Stake in Oil Producer Centennial

Silver Run Acquisition Corp, run by energy industry veteran Mark Papa, said on Friday it had taken a controlling stake in oil producer Centennial Resource Development LLC,

G6 Updates Asia-North America West Coast Service

Two services will be merged into one until further notice / Reason is change in market demand / All other services remain unchanged. Members of the G6 Alliance

ExxonMobil to Buy InterOil For About $2.5 bln

ExxonMobil Corp said it would buy InterOil Corp for more than $2.5 billion in stock, adding a new gas field to expand its exports from Papua New Guinea.   Exxon

RINA Closes Edif Group Acquisition

RINA S.p.A, the holding company of the multinational testing, inspection, certification and consulting engineering group based in Genoa, Italy, has announced that

Eni: Dutch Stake to be Seized after GasTerra Arbitration Loss

Italian oil and gas group Eni said on Wednesday it lost a gas price review arbitration against Holland's GasTerra and was notified of a provisional seizure by a

Baker Hughes Termination fee Stings Halliburton

Halliburton Co, the world's No.2 oilfield services provider, posted a quarterly loss, compared with a year-earlier profit, hurt mainly by the $3.5 billion fee it

Royal IHC, NETICS Join Forces

Royal IHC has entered into a partnership with NETICS, a civil engineering and consultancy agency. A leading global player in engineering with dredged sediments,

CMA CGM Completes NOL Acquisition

 CMA CGM has reported its all-cash voluntary unconditional general offer for Neptune Orient Lines Ltd (NOL) closed on July 18, 2016, with CMA CGM now owning approximately 97.

Hapag-Lloyd, UASC Signs Merger Agreement

 Hapag-Lloyd AG (Hapag-Lloyd) and United Arab Shipping Company S.A.G. (UASC) have signed a Business Combination Agreement (BCA) to merge both companies, subject

ExxonMobil Raise Stakes for InterOil in PNG gas push

ExxonMobil takes on Total in bid to expand in Papua New Guinea. New bid could help tie together rival LNG projects. ExxonMobil Corp has made a bid worth at least $2.

Stolt-Nielsen buys Jo Tanker's Chemical Tanker Ops

Stolt-Nielsen buys competitor's chemical tanker operations. Deal includes 13 chemical tankers and 50 pct in 8 newbuilds. Details of the deal include:  

No Plans to Privatize Petrobras: CEO

The Brazilian government has no plans to privatize state-run oil company Petroleo Brasileiro SA and is still deciding whether to sell its controlling share in several units to shore up its finances,

Hapag-Lloyd, UASC Merger

Hapag-Lloyd and UASC have signed a Business Combination Agreement.   The Combined company will rank among the world´s five largest liner shipping companies and

EnQuest to Farm Out 20% of Kraken

EnQuest PLC has announced that it is holding discussions with Delek Group Ltd for the sale by EnQuest to one of Delek's subsidiaries of an interest in the Kraken development.

Navig8 Acquires Tanker from SPP Shipbuilding

Navig8 Product Tankers Inc. (the “Company”) (N-OTC: EIGHT), an international shipping company focused on the transportation of petroleum products, today took delivery of the Navig8 Pride,

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