Arabian Drilling Co., a Saudi Arabian oilfield-services company partly owned by Schlumberger NV, took only hours to garner enough investor orders to fully cover an initial public offering that could raise as much as 2.67 billion riyals ($710 million).
Indonesia-focused oil and gas company Conrad Asia Energy is preparing an initial public offering (IPO) on the Australia Stock Exchange to raise some A$45 million (US$30.3 million) as it seeks to develop its Indonesia upstream business.
Investment group EIG is buying a 25% stake in Repsol’s upstream unit for $4.8 billion, with an eye on a potential US IPO in 2026.
Eni has announced its intention to launch an initial public offering (IPO) for its renewable energy development division Plenitude.
The energy transition is coming but conventional work remains at the heart of the energy industry – and will continue to play a major role in Kent’s plans.
Ithaca Energy will make its IPO in London “as soon as possible” this year, according to parent firm Delek Group.
Adnoc and Borealis have set out plans to hold an IPO for Borouge on the Abu Dhabi Securities Exchange.
Eni has picked six more banks to work on the initial public offering (IPO) of its retail and renewables unit Plenitude, which could be valued at about 10 billion euros ($11.3 billion), according to people familiar with the matter.
Ashtead Technology has reached a market valuation of nearly £130million from its initial public offering (IPO).
Olivier Mussat has joined President Energy subsidiary Atome Energy from the International Finance Corp. (IFC) in preparation for an IPO later this year.
Eni will sell a minority stake of its Gas&Power retail and renewable businesses in an initial public offering.
ADNOC (Abu Dhabi National Oil Company) has announced that it has raised more than $1.1billion through the IPO of its subsidiary ADNOC Drilling, which was vastly oversubscribed.
Sonangol intends to go ahead with an IPO in the coming years, although the company did report a $3 billion net loss for 2020.
Nigerian National Petroleum Corp. (NNPC) reported a profit for 2020, but there are challenges ahead.
Helmerich & Payne (H&P) will buy into Adnoc Drilling’s upcoming IPO, with the Abu Dhabi company buying eight land rigs from the US company.
Nigeria’s state oil company is considering an initial share sale after posting the first profit in its 44-year existence.
Abu Dhabi National Oil Co. (ADNOC) is planning to sell shares in its drilling unit in what would rank among the largest initial public offerings (IPO) in the United Arab Emirates.
Singapore’s Sunseap is planning a $2 billion floating solar project on a reservoir in Indonesia’s Batam Island. If successful it will be the world’s largest to date and electricity could be exported via undersea cable to the nearby island city state of Singapore.
North Sea oil firm Orcadian Energy intends to raise £5 million via an initial public offering (IPO) in London.
Neptune Energy is hiring US bank JP Morgan to explore strategic options for the business, including an initial public offering, a news report said.
Neptune Energy, the oil and gas explorer backed by Carlyle Group and CVC Capital Partners, is working with financial adviser Rothschild & Co. to explore potential options including an IPO, according to people familiar with the matter.
Arabian Drilling Co., a Saudi oilfield-services company partly held by Schlumberger NV, is preparing an initial public offering that could give it a valuation of around $2 billion, according to people familiar with the matter.
Indonesia’s national oil company (NOC) Pertamina is preparing to take at least one of its business units public during the second-half 2021.
Europe’s oil and gas majors could access a wide pool of investors and “unlock value” by spinning off their renewables assets in initial public offerings (IPOs).
Hydrogen is becoming an increasingly popular option for those thinking about the future, sharing as it does some traits with petroleum products while its consumption emits no carbon.