Tax uncertainty leading to fewer fresh faces in North Sea deals, says M&A experts
Fiscal complexity and uncertainty around future tax changes is being blamed for a lack of new entrants into the UK offshore oil and gas sector.
Fiscal complexity and uncertainty around future tax changes is being blamed for a lack of new entrants into the UK offshore oil and gas sector.
The importance of ESG within the energy sector continues to be a headline topic and one which for oil and gas companies needs to form part of their business strategy as to how they contribute to the economy and society in which they operate.
Well management firm Zenith Energy has struck a deal to acquire recruitment specialist Prodrill Energy Resource Solutions.
TotalEnergies (PARIS: TTE) is considering a bid for private equity-backed oil and gas explorer Neptune Energy Group, people with knowledge of the matter said.
Oil giant Exxon Mobil (NYSE: XOM) has held preliminary talks with Pioneer Natural Resources over a possible acquisition of the fracking company, the Wall Street Journal reported, citing people with knowledge of the matter.
After "careful consideration", and in a bid to reach "a definitive conclusion", Apollo submitted a fifth, and final, offer on Tuesday.
Drilling contractor Seadrill (NYSE: SDRL) has formally completed its planned takeover of Aquadrill, creating an “industry leading” company.
London-listed Serica Energy (LON: SQZ) has formally completed the previously announced takeover of Tailwind Energy.
Viaro Energy’s buying spree shows no sign of letting up, with the company in the final phases of a deal for more North Sea fields.
Oil and gas company Reabold Resources has received a conditional, non-binding offer from a “credible party” for its major share in Corallian Energy.
It was an interesting year for deal-making in 2019, despite political and economic challenges.
In making any predictions for the year ahead, it makes sense to look back at the previous year.
A top energy consultancy insists there are “bargains” to be had in the UK North Sea in 2020.
A renewed optimism in oil and gas will drive M&A activity forward in the new year, a top north-east dealmaker has said.
Increasingly more recoverable barrels of oil and gas around the world are coming from corporate mergers and acquisitions, and not from traditional exploration.
While the shift from hydrocarbons to renewables is far from smooth, investment opportunities in the generation, service and utility markets are proliferating as the sector landscape evolves.
The Aberdeen based energy team working for one of the Big Four firms has reported a rise in M&A activity in the last year and a half.