Australian east coast gas producer Senex Energy (AX:SXY) said today that it had received a $605 million takeover offer from POSCO International (KS:047050) and has embarked on an exclusive period of due diligence with the South Korean trader.
The Babcock oil and gas helicopter operation in Aberdeen is to be renamed while the competition watchdog mulls a takeover by rival CHC.
Industrial services provider Altrad said today that it had struck a takeover deal for Cape.
Delek Group is set to takeover Ithaca Energy.
The long wait may finally be over.
Transocean said it has agreed to acquire all of the outstanding common units of Transocean Partners in a share-for-unit merger transaction.
Interoil said it has received an unsolicited offer from an unnamed bidder.
Total has struck a deal with Gulf Africa Petroleum Corporation's (GAPCO) for its assets in Kenya, Uganda and Tanzania.
A potential takeover by Sunny Hill for Petroceltic has come to a close after the timing for acceptance on the £6.4million bid lapsed.
Embattled Petroceltic has told shareholders to accept a takeover offer as the firm stares down the possibility of being wound-up.
U.S. antitrust officials have prepared a lawsuit to stop Halliburton Co. from taking over rival oil-services company Baker Hughes Inc., according to a person familiar with the matter.
Schlumberger has announced the completion of its £10billion-plus cash and shares deal to buy energy service industry rival Cameron International
LGO Energy pulled a U-turn in its funding plans, taking itself off the market.
Royal Dutch Shell has hailed its 52.6 billion US dollar (£36.4 billion) takeover of BG Group as a step towards becoming a “simpler, leaner, more competitive company”. The mega-deal - creating the biggest trader of liquefied natural gas - came into force on Monday after shareholders waved through the tie-up at the end of January.
Royal Dutch Shell Plc is under pressure to reward the faith of the more than 80 percent of shareholders who shrugged off the risks from slumping oil prices to back its record acquisition of BG Group Plc.
Shell's shareholders today approved its takeover of BG.
Petroceltic could be bought over by Worldview Capital, after recently putting itself up for sale. The move comes after Worldview released a statement in which it said it was in the process of "evaluating and preparing for a possible all cash offer" for the shares in Petroceltic.
Takeover talks for San Leon Energy have ground to a halt.
Premier Oil’s shares today entered day two of being suspended on the London Stock Exchange.
Suncor Energy said it has extended an offer for Canadian Oil Sands until the end of January.
Shell boss Ben van Beurden said he was “very, very confident” oil price would more than double.
Shareholders of Drillsearch Energy Ltd. look set to approve a A$384million ($266million) takeover of the Cooper Basin oil and gas producer in Australia by Beach Energy Ltd. later this month, the Australian Financial Review reported.
Canadian Oil Sands Ltd.’s board sent a letter to its shareholders Tuesday urging them once again to reject the hostile bid by Suncor Energy Inc. ahead of the offer’s deadline next week. The Calgary-based Canadian Oil Sands said the C$4.5 billion ($3.2 billion) offer was an “undervalued and opportunistic bid.” Suncor has offered 0.25 of its own shares to Canadian Oil Sands’ investors in a tender offer that expires on January 8.
Industry giants Shell and BG are zeroing in on their mega-merger.
Cameron said its shareholders have approved a bid by oil services giant Schlumberger to take over the company in a deal worth $12.7billion. The transaction is expected to be completed by next year.