Jersey Oil and Gas has said it plans to launch a farm-out process later this year for its Greater Buchan Area in the North Sea, despite the Covid-19 and oil price crises.
Cashed-up Asian NOCs are actively screening international assets and companies for once-in-a lifetime acquisition opportunities amidst the global downturn.
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.
Given the current state of the oil market, Sterling Energy is becoming more confident in executing a deal with an onshore low-cost operator.
INEOS has launched a five-year partnership with the Mercedes-AMG Petronas F1 Team.
A new North Sea firm, created by the former bosses of Faroe Petroleum, has announced it is evaluating "a number" of potential acquisition targets.
We set out below our top predictions for the global oil and gas industry in 2020.
Africa Oil will go it alone in the acquisition of stakes in major fields offshore Nigeria after its partners, Delonex Energy and Vitol Investment Partnership, both withdrew.
Following a period of relatively low deal activity, in 2018 we started to see an uptick in deals – but that has paused slightly since the oil price fall at the end of 2018. Are there more deals to be done, or has oil price volatility cooled off the M&A market? What do the trends and themes seen in some of the latest UKCS M&A deals tell us?
A ConocoPhillips manager of almost 20 years has set up a consultancy firm targeting the wave of new operators in the North Sea.
Chrysaor is near a deal to buy ConocoPhillips’ North Sea assets, according to a news report.
The need for newer North Sea players to grow could be a “catalyst” for more M&A deals this year, according to an investment banker.
With just five weeks to go until the Offshore Technology Conference (OTC) kicks off, plans are well under way to make Energy Voice’s next breakfast briefing in Houston its best ever.
Oil and Gas UK expects to see further examples of companies consolidating and “right-sizing” their North Sea portfolios in 2019.
Mergers and acquisitions are engrained in the oil and gas industry’s DNA.
A new year can provide a good opportunity to revisit plans for the year ahead.
Oil and gas mergers and acquisitions are expected to surge with upwards of $50 billion in new U.S. deals for the rest of the year following a spring lull, according to a new report.
An improvement in the global merger and acquisitions market (M&A) in the next 12 months is expected by 90% of oil and gas executives, according to industry experts.
35 of the world’s biggest oil and gas firms were given their walking papers yesterday as the Danish pension, PKA, exerted its influence.
Bankers that work the oilfields can’t close deals this year thanks to the newfound financial discipline of explorers.
The boss at the Oil and Gas Authority (OGA) said yesterday that remarkable progress had been made to create an “investment friendly climate” in the North Sea.
Chemical multinational INEOS has acquired Engie E&P's onshore licences, bringing its total acerage to 1.2million acres.
Wood Group's appetite for mergers and acquisitions is "undiminished", according to company bosses.
Senior executives and investors will gather in London in June for the 18th Africa Energy Forum where global power industry figures meet with African stakeholders to discuss opportunities in Africa’s energy sector.