Deals Archives - Offshore Technology

Oil and gas November deals snapshot: North American deals drove deal activity in November

kalyanjoshi — Mon, 28 Dec 2020 18:02:52 +0000

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Which companies lead in artificial intelligence for oil and gas?

Matt Farmer — Wed, 07 Jul 2021 11:06:18 +0000

We aggregated thousands of records from GlobalData's proprietary jobs, deals, patents and company filings databases to identify the top companies in the area of artificial intelligence in the oil & gas sector.

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Tracking the oil and gas sector’s Covid-19 recovery: how has the sector fared in Q2 2021?

Patrick Scott — Thu, 16 Sep 2021 14:23:30 +0000

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Saudi Aramco signs $15.5bn gas pipeline deal

Aninda Chakraborty — Tue, 07 Dec 2021 00:00:00 +0000

Free Report

2022: So far In Venture Capital

Global investment in 2022 has been majorly dominated by North America, Europe, and Asia Pacific, whereas the Middle East, and South and Central America have recorded low investments comparatively. In light of this, Europe and North America have been identified as the major destinations for Private Equity and Venture Capital (PE/VC) investments. GlobalData’s whitepaper analyzes which sectors PE/VC firms have been investing in, looking at Technology, Media, and Telecom, with these sectors recording $356 billion and a deal volume of over 10,000 deals in 2022. Healthcare, Financial Services, Business & Consumer Services, and Construction sectors have also seen high investment activity by PE/VC firms, recording a deal value of over $70 billion each. But what can this mean for you? Understand how the Deals Database on GlobalData Explorer can be leveraged to:

Track the Aggregate Investment Volumes in PE/VC-Stage firms across geographies and sectors, in addition to viewing the specific deals that drove these volumes
Identify the top investors already active in any sector-Geography combinations
Assess the Performance of Financial and Legal Advisors, supporting the Dealmaking in any segment of choice (Customizable League tables)
Understand what is driving the PE/VC fundraising (Deal Rationale)

Consult our full report here and optimize your business strategy.

By GlobalData

By downloading this case study, you acknowledge that GlobalData may share your information with GlobalData and that your personal data will be used as described in their Privacy Policy Visit our Privacy Policy for more information about our services, how GlobalData may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

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Independence Energy and Contango Oil and Gas complete merger

Aninda Chakraborty — Wed, 08 Dec 2021 00:00:00 +0000

Free Report

2022: So far In Venture Capital

Track the Aggregate Investment Volumes in PE/VC-Stage firms across geographies and sectors, in addition to viewing the specific deals that drove these volumes
Identify the top investors already active in any sector-Geography combinations
Assess the Performance of Financial and Legal Advisors, supporting the Dealmaking in any segment of choice (Customizable League tables)
Understand what is driving the PE/VC fundraising (Deal Rationale)

Consult our full report here and optimize your business strategy.

By GlobalData

The post Independence Energy and Contango Oil and Gas complete merger appeared first on Offshore Technology.

Oil Search secures shareholder’s approval for merger with Santos

Aninda Chakraborty — Wed, 08 Dec 2021 00:00:00 +0000

Free Report

2022: So far In Venture Capital

Track the Aggregate Investment Volumes in PE/VC-Stage firms across geographies and sectors, in addition to viewing the specific deals that drove these volumes
Identify the top investors already active in any sector-Geography combinations
Assess the Performance of Financial and Legal Advisors, supporting the Dealmaking in any segment of choice (Customizable League tables)
Understand what is driving the PE/VC fundraising (Deal Rationale)

Consult our full report here and optimize your business strategy.

By GlobalData

The post Oil Search secures shareholder’s approval for merger with Santos appeared first on Offshore Technology.

Spirit Energy to divest Norwegian portfolio for $1.1bn

Aninda Chakraborty — Thu, 09 Dec 2021 00:00:00 +0000

The divestment is part of Spirit Energy’s strategy to decarbonise its portfolio.

The post Spirit Energy to divest Norwegian portfolio for $1.1bn appeared first on Offshore Technology.

ConocoPhillips to exit Indonesia with $1.36bn asset sale

Aninda Chakraborty — Thu, 09 Dec 2021 00:00:00 +0000

ConocoPhillips will also buy an additional 10% shareholding interest in APLNG for up to $1.645bn.

The post ConocoPhillips to exit Indonesia with $1.36bn asset sale appeared first on Offshore Technology.

TotalEnergies sells several Gabon assets to Perenco for $350m

Aninda Chakraborty — Fri, 10 Dec 2021 00:00:00 +0000

The sale includes seven mature offshore fields and the Cap Lopez terminal in Gabon.

The post TotalEnergies sells several Gabon assets to Perenco for $350m appeared first on Offshore Technology.

South Korea’s POSCO to acquire Senex Energy in $610m deal

Aninda Chakraborty — Mon, 13 Dec 2021 00:00:00 +0000

The deal is expected to close in late March 2022, subject to closing conditions.

The post South Korea’s POSCO to acquire Senex Energy in $610m deal appeared first on Offshore Technology.

Savannah Energy signs deals to acquire key African assets for $626m

Aninda Chakraborty — Tue, 14 Dec 2021 00:00:00 +0000

The deals in Chad and Cameroon will further increase Savannah Energy’s footprint in Africa.

The post Savannah Energy signs deals to acquire key African assets for $626m appeared first on Offshore Technology.

EnCap combines two Permian basin-focused oil companies

Aninda Chakraborty — Tue, 14 Dec 2021 00:00:00 +0000

Advance Energy Partners and Ameredev II were merged to form a combined oil producer, valuing more than $4bn.

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Lime Petroleum secures approval for Brage field acquisition

Aninda Chakraborty — Wed, 15 Dec 2021 00:00:00 +0000

Free Report

What’s missing from your IPO industry assessment?

IPO activity all but stopped in 2020, as the investment community grew wary of the effects of COVID-19 on economies. No matter how deserving a business was of flotation, momentum was halted by concerns of when a ‘new normal’ of working patterns and trade would set in. Recently, sentiment has changed. Flotations picked up again during the second half of 2021, and now in 2022 the mood is decidedly optimistic. Business leaders have their eyes on fast rebounding economies, buoyant market indices and the opportunity once again to take their businesses public. As a result, global IPOs are expected to hit back this year. With GlobalData’s new whitepaper, ‘IPOs in Consumer and Retail: 5 must-include elements for your prospectus industry report’, you can explore exactly what is needed in the essential literature. GlobalData’s focus lies in the critical areas to get right:

Macroeconomic and demographic environment
Consumer context
Industry environment
Competitive environment
Route to market

Interested to learn more about what to include in your IPO Industry Assessment report? Download our free whitepaper.

By GlobalData

The post Lime Petroleum secures approval for Brage field acquisition appeared first on Offshore Technology.

Earthstone to acquire Chisholm Energy’s Delaware basin assets for $604m

Archana Rani — Fri, 17 Dec 2021 00:00:00 +0000

Chisholm Energy’s assets that are considered for sale have a current net production of approximately 13,500 barrels of oil equivalent per day.

The post Earthstone to acquire Chisholm Energy’s Delaware basin assets for $604m appeared first on Offshore Technology.

BP to buy stake in UK deepwater field from Viaro Energy

Archana Rani — Fri, 17 Dec 2021 00:00:00 +0000

The deal increases BP’s stake to 100% in the Foinaven field and to 90% in the Foinaven East field.

The post BP to buy stake in UK deepwater field from Viaro Energy appeared first on Offshore Technology.

Cenovus Energy to divest Canadian asset for $625m

Archana Rani — Fri, 17 Dec 2021 00:00:00 +0000

According to estimates, the Tucker oil sands project holds 1.27 billion barrels of original bitumen.

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Chevron to sell stake in Block 5 offshore Suriname to Shell

Archana Rani — Mon, 20 Dec 2021 00:00:00 +0000

Chevron Suriname will retain 40% stake in the block while Shell and Paradise Oil Company will own 20% and 40% stakes respectively.

The post Chevron to sell stake in Block 5 offshore Suriname to Shell appeared first on Offshore Technology.

Presidio in advanced talks to buy US shale gas assets from Exxon

Archana Rani — Tue, 21 Dec 2021 00:00:00 +0000

The assets considered for sale include almost 844 operated and 4,104 non-operated wells in the Fayetteville Shale.

The post Presidio in advanced talks to buy US shale gas assets from Exxon appeared first on Offshore Technology.

BP to acquire remaining stake in BP Midstream Partners

Archana Rani — Tue, 21 Dec 2021 00:00:00 +0000

The British energy giant will acquire all outstanding common units not already owned in its US pipelines partnership for $723m.

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AG&P gets $120m equity investment from Japanese consortium

Archana Rani — Tue, 21 Dec 2021 00:00:00 +0000

Free Report

How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:

Track the M&A and Capital Raising volumes into their target market
Identify the top sectors in the target market attracting the investments
For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
Assess and showcase the growth potential for various Industries in the target economy

Don’t miss out on key market insights that can help optimize your next investment – read the report now.

By GlobalData

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