Australasia

Subsea

BP backs robot BOSS

Blue Ocean Seismic Services (BOSS) has won £10 million of backing from a range of companies including BP Ventures, Woodside Energy and Blue Ocean Monitoring.

Coronavirus

Asia Pacific M&A shake-up on the horizon

More assets are expected to hit the market across Asia Pacific this year following the sustained drop in global oil prices and the COVID-19 pandemic, which has destroyed energy demand growth as economic activity contracts.

Oil & Gas

PNG-focused Oil Search is a takeover target

Despite a recently announced planned capital raising, Australian-listed Oil Search, which has major stakes in Papua New Guinea’s emerging LNG sector, is a prime takeover target, as mergers become more likely in a low oil price world.