Tagged Mergers

Subsea market emerging from downturn

Rate this article The subsea industry has been hit hard by the downturn, despite being supported initially by substantial backlogs. Those backlogs are now eroded and at their lowest levels for more than a decade. Current order intake has recovered, but not enough to sustain activity at comparable levels to those seen in previous years….

UK North Sea is reinventing itself, report shows

Rate this article By _Offshore_Energy_Today_ Around $6 billion worth of mergers and acquisitions in the UK oil and gas sector during the first half of the year sent a vote of confidence to a basin grappling with challenges of a major downturn, said Oil & Gas UK’s Economic Report 2017. The Economic Report 2017 was…

Due Diligence: Looking beyond Financial Performance

Rate this article By Jeroen Swillens By DNV GL With oil and gas industry mergers and acquisitions expected to pick up this year, buyers and sellers need to focus on more than financials during due diligence. Other key considerations include environmental and safety impacts of projects or assets. Companies in the oil and gas sector…

Anadarko brings experience to its board

Rate this article By LNG World News Anadarko, the developer of the giant Mozambique LNG project, has named Claire Farley to serve as an independent director of the company. Speaking of the appointment, Anadarko chairman, president and CEO, Al Walker, said Farley brings far-reaching experience in finance, strategic investments, mergers and acquisitions, and exploration and…

Big Oil back on the acquisition trail as outlook brightens

Rate this article By LNG World News A British Petroleum (BP) logo is seen at a petrol station near the Burj Khalifa in Dubai August 29, 2012. REUTERS/Jumana ElHeloueh/File PhotoBy Ron Bousso LONDON (Reuters) – The world’s top oil companies are back in acquisition mode, targeting smaller exploration and development firms to boost oil and…

Analysts expect M&A revival in Canada

Rate this article Despite problems created for Canadian producers by the plunge in crude oil prices, mergers and acquisitions will revive this year, according to analysts at EY Canada, Calgary. Read Full Article Here For more great articles: Oil & Gas Journal – General Interest