Mergers & Acquisitions

Enbridge Mulls M&A in Gas, Power Generation

Enbridge Inc, Canada's largest pipeline operator, is considering natural gas and power generation acquisitions to help boost the diversity of its asset base, the company's CEO said on Friday.

MHI: Notice of Absorption-Type Split Agreements

MHI gives Notice Regarding Conclusion of Absorption-type Split Agreements Relating to Transfer of Ship Construction and Hull Block Manufacture Businesses to Two

Calais Port Blocked Again by Protesters

Protesting ferry-workers blocked road access to the northern French port of Calais with burning tyres on Friday, police said. The workers have in recent weeks

BBC Chartering Opens Vietnam Office

BBC Chartering announces the opening of a new representative office in Ho Chi Minh City, Vietnam, starting August 1st breakbulk, and general cargo transportation

Idemitsu to Buy Showa Shell Shares

Shell has reached an agreement with Idemitsu for the sale of 125,261,200 shares in Showa Shell Sekiyu KK, representing a 33.24% shareholding in the company, for

Oceanteam Acquires Oceanwind

 Oceanteam Shipping has acquired the remaining 48% stake in fellow Dutch firm Oceanwind and is now the sole owner of Oceanwind Cable Storage & Handling Solutions.

Diana to Acquire Two Post-Panamax Containerships

Diana Containerships Inc. announced that yesterday it signed, through two separate wholly-owned subsidiaries, two Memoranda of Agreement to purchase from an unaffiliated

Vale Sells Four 'ValeMax' Bulkers to China Merchants

Brazilian mining company Vale SA said on Thursday that it expects to receive $448 million from the sale of four dry-bulk iron ore ships to China's state-owned China

Repsol: Talisman Acquisition Allows CapEx

Spain's Repsol said on Thursday it would maintain exploration capex at around $4.5 billion this year and next thanks to the addition of Talisman, contrasting with

Rosneft, Exxon Jointly Bid for Mozambique Tender

Russia's Rosneft and U.S. ExxonMobil have jointly applied for taking part in a tender for hydrocarbon fields in Mozambique, Rosneft said in a statement on Thursday.

BP Less Likely to be Acquired After $18.7 bln Settlement

BP is less likely to be acquired following its $18.7 billion settlement over the 2010 Macondo oil spill, Chief Executive Officer Bob Dudley said on Tuesday. The

Scorpio Tankers to Acquire Product Tanker

  Scorpio Tankers Inc. announced today that it has entered into an agreement to purchase an MR product tanker. The Company reached an agreement with an unrelated

Navig8 Amessi joins the Delta8 Pool

  Navig8 Chemicals is pleased to announce the delivery of Navig8 Amessi, the eleventh of eighteen ECO 37,000dwt chemical tankers constructed at Korea's Hyundai Mipo Dockyard ("HMD").

Brazil clears $70 bln BG-Shell merger

  BG Group Plc on Friday confirmed that it has received final unconditional clearance from Brazilian competition authority CADE for its acquisition by bigger rival Royal Dutch Shell.

Continental Delivered to Dorian LPG

  Dorian LPG Ltd. an owner and operator of modern Very Large Gas Carriers (VLGC), reported today that it took delivery of the ECO VLGC Continental from Hyundai Samho Heavy Industries.

Halliburton Seen Facing Antitrust Issues on Baker Hughes Deal

Oilfield services provider Halliburton Co's acquisition of smaller rival Baker Hughes Inc is facing resistance from U.S. regulators who are concerned that the deal could hurt competition,

Iberdrola Profits Up Ahead of U.S. Deal

H1 EBITDA up 5.7 percent to 3.8 billion euros, in line; CEO expects to close UIL purchase this year. Iberdrola posted a rise in first-half core earnings on Wednesday

Second Damen ATD 2909 Tug for SA Navy

  Damen Shipyards Cape Town (DSCT) is currently building a Damen ATD 2909 Tug named Inyathi – Buffalo in English – to be delivered to the South African Navy in January 2016.

Gazprom becomes Public Joint Stock Company

  The procedure of renaming Open Joint Stock Company (OJSC) Gazprom into Public Joint Stock Company (PJSC) Gazprom has finished. The change in the Company's

S&P Cut Its Rating on Shell after Big BG Merger

Standard & Poors cut its rating on Royal Dutch Shell Plc by one notch to 'AA minus' from 'AA', citing a weaker financial risk profile, mainly due to soft oil prices,

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