ESG driving M&A activity
AAB Corporate Finance is delighted to share with you our Deals Update for Q2 2022 in conjunction with Energy Voice, highlighting selected energy merger and acquisition (M&A) and fundraising transactions across the UK.
Finance
Geopolitical tensions driving M&A activity
Anderson Anderson & Brown Corporate Finance (AABcf) is delighted to share with you our Deals+ update for Q1 2022 in conjunction with Energy Voice, highlighting selected energy M&A and Fundraising transactions across the UK.
‘Uptick’ in North Sea IPOs forecast with high oil and gas prices on course to continue
North Sea initial public offerings (IPOs) could be back on the menu with healthy oil and gas prices tipped to continue for much of 2022.
UK Energy Sector undergoes much needed rebound throughout 2021
Anderson Anderson & Brown Corporate Finance (AABcf) is delighted to share with you our Deals+ update for Q4 2021 in conjunction with Energy Voice, highlighting selected Energy M&A and Fundraising transactions across the UK.
Tech-enabled finance and HR solutions in demand in the energy sector
For many, the Covid pandemic has been a catalyst to press re-set on everything from our social values to health, well-being and sustainability.
Financiers under a ‘huge amount of pressure’ to drop oil investments, says expert
A senior figure at Lloyds Banking set out the challengers for financiers of backing oil and gas during an industry event in Aberdeen on Thursday.
Uptick of Brent Crude price triggers market momentum
During Q3 2021 we have seen continued M&A activity within the global energy markets. A major contributing factor to this has been the price uptick of Brent Crude, jumping above $80 per barrel for the first time since October 2018.
Surging gas prices squeeze PetroChina with $3bn loss looming
While most gas suppliers look set to benefit from a global spike in gas prices, PetroChina (HK:857) is one of the few exceptions, as regulated prices and rising gas import losses are set to squeeze China’s largest gas producer.
A new wave of consolidation in North Sea energy markets
Anderson Anderson & Brown Corporate Finance (“AABcf”) is delighted to share with you our Deals+ update for H1 2021 in conjunction with Energy Voice, highlighting selected Energy M&A and Fundraising transactions across the UK
Maven acquisition is now complete in deal worth up to £100m
Mattioli Woods has completed the acquisition of private equity firm Maven Capital Partners in a deal worth up to £100 million.
i3 Energy shares jump as firm touts maiden dividend payment next month
Shares in London-listed i3 Energy jumped this morning after the firm said its maiden dividend could be paid out next month.
New debt facility sets up EnQuest to complete Golden Eagle swoop
EnQuest has clinched a new £530 million debt facility, smoothing a path for its refinancing and acquisition of stakes in the Golden Eagle field.
North Sea firm Orcadian Energy aims to raise £5m via London IPO
North Sea oil firm Orcadian Energy intends to raise £5 million via an initial public offering (IPO) in London.
Montrose FC chief adds new financial advisory role
An Aberdeen financial adviser has recruited the chief executive of Montrose Football Club to help grow its business.
Maven to be acquired by Mattioli Woods in deal worth up to £100m
An ownership shake-up is on the way for a string of north-east companies as Mattioli Woods makes a potential £100 million swoop for private equity firm Maven Capital Partners.
Neptune hiring JP Morgan to advise on options, including IPO, report says
Neptune Energy is hiring US bank JP Morgan to explore strategic options for the business, including an initial public offering, a news report said.
Neptune Energy working with Rothschild as it studies IPO
Neptune Energy, the oil and gas explorer backed by Carlyle Group and CVC Capital Partners, is working with financial adviser Rothschild & Co. to explore potential options including an IPO, according to people familiar with the matter.
Tesla to stop accepting Bitcoin as payment
Electric car maker Tesla will stop accepting Bitcoin as a payment due to concerns about the environmental impact of the cryptocurrency.
Petrofac chief financial officer set for pastures new
Petrofac said today that its chief financial officer, Alastair Cochran, will leave the energy services firm.
Altera in the black after shaking off impairments
Vessel owner-operator Altera Infrastructure was in the black in the first quarter of 2021 after shaking off impairments that blighted its figures a year ago.
i3 Energy edging closer to maiden dividend
London and Toronto-listed oil firm i3 Energy said today it would complete a balance sheet restructuring "shortly", which would allow it to pay a maiden dividend.
E&P upstream market leads the way in M&A activity
Anderson Anderson & Brown Corporate Finance (AABcf) is delighted to share with you our quarterly Deals+ update for Q1 2021 in conjunction with Energy Voice, highlighting selected Energy M&A and Fundraising transactions across the UK.
FCA considers how to strengthen rules
Many investors perceive risk warnings as “white noise” and often the genuine possibility of losing money does not sink in, according to the City regulator.
Schlumberger-backed Arabian Drilling plans Saudi IPO
Arabian Drilling Co., a Saudi oilfield-services company partly held by Schlumberger NV, is preparing an initial public offering that could give it a valuation of around $2 billion, according to people familiar with the matter.
Updated: End of the line in sight for Hurricane Energy
Bosses at Hurricane Energy have conceded that the troubled UK oil firm is likely to be wound down within the next few years.