How private equity could power up the green energy transition
Energy was one of the fastest growing segments within 2022’s record global M&A market, rising an impressive 25% from the year prior, according to the latest Arrowpoint Advisory data.
Private equity
PE funds increase oil and gas asset acquisitions as £12bn is spent
Law firm Mayer Brown has said private equity funds have accelerated acquisitions of European oil & gas assets, with 16 deals worth £12 billion announced in the last year.
EV Private Equity on impact investing and the energy transition
EV Private Equity co-founder Helge Tveit explains the company’s philosophy of impact investing, and why the energy transition provides greater opportunities.
Picking and choosing investment opportunities
Following a tumultuous two years since the first Covid-19 lockdown in the UK, the now much-changed energy sector remains an attractive proposition for both global investors and trade players. Many of these are looking to get ahead of the curve of the much publicised transition to sustainable energy sources.
Three-quarters of energy firms looking to make a deal in 2022
A new report from law firm CMS finds that 75% of energy companies are considering an acquisition and/or divestment this year, as European energy M&A sees its strongest performance in 15 years.
Private equity deals surge to £2.4 billion for UK North Sea
Private equity took a keen interest in the UK North Sea in 2021, with £2.4 billion worth of deals for the country’s oil and gas industry.
UK oil and gas companies raise £1.1bn, up 307% in a year as commodities boom
Oil & gas and mining companies raised £1.1 billion in new equity in the openings months of 2021, new research has found.
High risk, high reward amid energy transition
The energy transition will require an incredible amount of capital, creating high-risk, high-reward opportunities for those participating.
IOCs eye $12 billion worth of mergers and acquisition deals in the Asia Pacific region
Upstream merger and acquisitions (M&A) deals are expected to rebound in Asia Pacific this year after plunging to their lowest level this century in 2020, when the pandemic and collapse in oil and gas prices killed activity.
Updated: Neo Energy enters exclusive talks with ExxonMobil over North Sea portfolio
Oil and gas firm Neo Energy has entered into exclusive negotiations over the purchase of ExxonMobil's UK central and northern North Sea portfolio.
Chrysaor-Premier Oil deal could be ‘harbinger of things to come’
Private equity firms that piled into oil-production assets in the past few years now find themselves stuck, and forced to contemplate novel ways to make an exit.
Eni and Hitecvision create new company for green energy projects in Norway
Eni and private equity firm Hitecvision have started up a new company aimed at developing new green energy projects in Norway.
Private-equity backer’s exit options the same as they’ve always been, Zennor boss says
Zennor Petroleum’s boss has said the private-equity-backed oil and gas company is “sitting comfortably” in spite of the Covid-19 pandemic and commodity price drop.
Torrid times in the North Sea may favour private equity
It is hard to know where to begin when describing the scale of the crisis gripping Big Oil.
Middle East, private equity interest a source of hope for oil service sector
Strong interest from the Middle East and private equity houses could provide a glimmer of hope for an ailing UK oilfield service sector, an investment expert has said.
Oil price war may trap private-equity firms in North Sea
The last time crude prices crashed in 2014, the North Sea looked like a treasure trove for private equity looking to buy cheap assets, build them up and sell for a profit. Now, just as these firms are seeking an exit, the oil-price war might leave them trapped
Dealmakers look ahead to ‘big year’ for M&A in UK North Sea
As some of the North Sea’s private equity-backed players prepare themselves for public listings, 2020 is expected to be a “big year” for gauging the size of investors’ appetites.
Carlyle backs Boru in Africa plunge
The Carlyle Group is backing a new sub-Saharan Africa focused company through a partnership with Aidan Heavy and Tom Hickey.
More commercial innovation in North Sea than any other part of the world, says BHGE
The North Sea is producing more commercial innovations than any other part of the world, according to a boss at Baker Hughes GE (BHGE).
Private equity fuels oil and gas deals in second quarter
Oil and gas transactions have remained steady throughout Q2 2019 with significant activity among operators as the focus continues to be on the divestment of non-core assets.
Chrysaor makes ‘material impact’ on UK while other newcomers ‘look to exit’
Chrysaor is the only new private equity-backed firm to make a “material impact” on the UK North Sea, according to new analysis.
Updated: Seapulse entry continues North Sea ‘trend’ of private equity newcomers
A “trend” of private equity-backed newcomers to the North Sea has been carried on with the entry of Seapulse.
How a changing breed of investor in the North Sea has led to a re-modelling of legal services
Private equity's lean machines are demanding a shake-up of traditional legal service delivery – particularly in the margin-sensitive oil and gas sector. Stuart Carter, head of oil and gas at Fieldfisher, looks at how law firms are responding to the market's changing needs.
Private equity poised for oil growth as public companies pull back
Frost Cochran’s firm spends millions of dollars every month to build and expand pipelines that move crude oil in West Texas. But drillers are pumping so much oil that the Houston investor has stopped guessing when it might finish paying crews to dig trenches and weld steel as demand for the pipeline network, which now stretches across 850,000 acres, appears insatiable.
HitecVision restructures Apply following £37.5m investment
Norwegian private equity fund HitecVision has restructured oil service group Apply after more than doubling its stake through a £37.5million investment.