Tax savings worth hundreds of millions for North Sea oil and gas companies are a key driver of deals like Repsol and Neo Energy, alongside delivering the benefits of more scale and diversity and opportunities for cost consolidation.
Aberdeen-based EnQuest (LON: ENQ) has acquired Harbour Energy's (LON: HBR) Vietnam business as part of a $84 million deal to "grow its international operating footprint".
Morson Group has expanded its portfolio with the acquisition of Orange Solutions, a Manchester-based safety and control systems engineering firm.
CCS forges ahead in the UK as the North Sea oil and gas sector continues to change shape and former BP CEO Bernard Looney returns.
Aberdeen’s Ashtead Technology confirmed it has completed its ninth acquisition in seven years as it picked up Seatronics and J2 Subsea.
Wood's share prices have dropped by almost 40% since Sidara announced it was stepping away from its takeover bid.
Wood (LON:WG) has pushed back the "put up or shut up" date for Sidara's takeover bid by a week as discussions "remain ongoing."
Following Wood’s (LON: WG) latest trading update, shareholders will need evidence of improvement before another takeover bid is rejected, said RBC Brewin Dolphin.
A rumoured tie-up between Repsol and NEO Energy would be a good fit for the Spanish firm which has one of the biggest decommissioning liabilities in the North Sea, an analyst has said.
Consultancy firm Integrity HSE has made its first acquisition 14 months after opening its doors.
Wintershall Dea’s outgoing chief executive, Mario Mehren has spoken out about looming job cuts coming from Harbour Energy's takeover.
The group owned by US billionaire Gary Chouest has bought up Aberdeen-headquartered ROVOP, a specialist in remotely operated vehicles (ROVs).
The merging of seismic firms PGS and TGS hangs on UK competition watchdog approval after Norway gave the green light.
Following government approval of Harbour Energy’s $11.2bn takeover of Wintershall Dea, the German energy firm looks to appoint a new chairman.
As the UK pushes forward with its energy transition ambitions OEG Renewables wants to see domestic "Tier One" contractors in green energy.
Abu Dhabi National Oil Company (ADNOC) had been looking into a potential takeover bid for BP (LON: BP), however, the firm has decided against the move.
As rumours of Aberdeen’s NEO Energy going up for sale circulate, analysts say “there's definite potential there but this does come with risk”.
While the M&A market has faced its challenges, it has largely held up during the last 12 months, with many corporate finance advisers reporting, perhaps unexpectedly so, that they have experienced a strong deals flow throughout the year.
The potential Ithaca Energy (LON: ITH) combination with Eni’s UK assets stands to bring the firm's reserves above that of Harbour Energy, according to analysis.
Talent advisory firm Boyden has acquired FWB's energy practice in Scotland for an undisclosed sum.
Shell (LON: SHEL) will eliminate at least 20% of jobs in its deals team as the company continues to restructure its business units in an effort to reduce costs, according to people with knowledge of the matter.
Following a successful 2023 when it acquired three Scottish companies and another in the United States Aurora Energy Services is looking down under.
Waldorf Production has outlined its goals for the coming financial year, including its UK M&A ambitions.
North-east business HPR ROV has been acquired by Subtron Group for an undisclosed sum as the business vows to ‘ safeguard’ its Thainstone team.
Singapore wind vessel operator, Cyan Renewables, has announced its acquisition of a 75% stake in Aberdeen’s Sentinel Marine.