Mergers & Acquisitions

Freudenberg Acquires BlueSky Process Solutions

Freudenberg Oil & Gas Technologies expands its portfolio in upstream segment   The Freudenberg Group informs it has strengthened its position as a global supplier

A/S Trumf Bunker Joins KPI Bridge Oil Group

KPI Bridge Oil, a global broker and trader in marine bunkers, marine lubricants and risk management products, has announced the take over of A/S Trumf Bunker. A/S

Union Vows More Channel Tunnel Disruption

Ferry workers will disrupt traffic through the sub-sea Channel tunnel between France and Britain for 48 hours from midday on Thursday, a union official said. "We

FLEX Acquires LNG Assets from EXMAR

 Nicolas Saverys-led Exmar has agreed to integrate its LNG assets and infrastructure with those of John Fredriksen’s Geveran and Flex LNG under a new USD 2.3 billion company – Exmar LNG Ltd.

SeaZip Offshore Service Commences Operation

  Harlingen-based SeaZip Offshore Service has entered into a partnership agreement with Heerema Marine Contractors (HMC). HMC, the world's market leader in transporting,

ShipServ opens Singapore office

  ShipServ, the leading marine and offshore marketplace with an expected annual trade of $3bn in 2015, has cemented its position in Asia with the opening of a new office in Singapore.

DPE is New Majority Shareholder in INTERSCHALT

Deutsche Private Equity GmbH (DPE) is set to become the new majority shareholder in INTERSCHALT maritime systems AG, the maritime software and services provider

Siemens Wins EU Okay for Dresser-Rand Bid

German industrial group Siemens secured unconditional European Union regulatory approval on Monday for its proposed $7.6 billion bid for U.S. oilfield equipment maker Dresser-Rand.

TGS to Acquire Polarcus' Multi-Client Library

 Polarcus Limited has signed a Letter of Intent (LOI) with TGS-NOPEC Geophysical Company for the sale of its multi-client projects in Northwest Europe and West

Northern Offshore acquired by Shandong Offshore

 Offshore oil and gas drilling firm Northern Offshore Ltd. has reached agreement on the terms of a recommended $165m cash acquisition by Shandong Offshore International Company Limited.

Klein Systems Now Saab Technologies

As of June 26, 2015, Klein Systems Group Ltd. has changed its name to Saab Technologies Ltd.    Klein Systems has been a wholly owned subsidiary of Saab AB since 2012.

Crescent Point Set for Win on Legacy Acquisition

Crescent Point Energy Inc is poised to prevail in a shareholder vote on its proposed acquisition of energy producer Legacy Oil + Gas Inc, according to a source familiar with the matter.

Scottish Ferry Workers on Strike

 Rail, Maritime and Transport (RMT) union members at the ferry operator CalMac go on strike over the future of services of Scotland’s west coast as two thirds of CalMac routes have been suspended.

China Ocean Shipbuilding Acquires Jiangxi Gas

 China Ocean Shipbuilding Industry Group (COSIG) with its unit, China Ocean LNG has bought a 47% stake in Jiangxi Petrochina Kunlun Gas (Jiangxi Gas) for a total of ($6.

Harvey Gulf Acquires Shipbuilding Assets

Harvey Gulf continues growth despite industry downturn; new affiliate Harvey Shipyard Group acquires Gulf Coast Shipyard Group   Harvey Gulf International Marine (HGIM) is launching a new affiliate,

Magnum Hunter Looks to Shed Pipeline Stake

Oil and natural gas producer Magnum Hunter Resources Corp said it expected to raise $600-$700 million by selling its 45.53 percent stake in its natural gas gathering subsidiary,

VARD Acquires ICD Software

Vard Holdings Limited (VARD) has announced that through its subsidiary Seaonics, it has acquired ICD Software, a leading provider of automation and control system

Unique Group to Double Global Subsea, Offshore Business

Unique Group has set in place measures to double its size and global infrastructure by 2019 through capital investment, acquisitions and expansion into key markets.

Lukoil: Saudi Aramco Wants to Up Luksar Stake

Saudi state oil company Saudi Aramco wants to raise its share in Luksar, a joint venture with Russia's Lukoil, to 50 percent, the chief executive of the Russian company said on Wednesday.

EU Okays DCC Acquisition of DLG's Energy Unit

European Union antitrust regulators cleared Irish company DCC's acquisition of the Danish energy business of Danish agricultural company DLG Group on Wednesday,

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