The transaction will increase Maurel’s production to 67,800 boepd, it reported, of which 56,500 bpd will be in Gabon. The deal will also see Maurel take over a midstream network and the Gamba oil terminal.
Neptune Energy is moving ahead with plans for a sale after talks about a takeover by Italian energy group Eni (MI: ENI) cooled, people with knowledge of the matter said.
Carlyle Group is preparing to sell its Gabon-focused Assala Energy, with the aim of raising $1 billion.
Should ESG investors give the oil and gas sector a second look? That’s certainly the opinion of a panel at this week’s Energy Intelligence Forum.
Aberdeen-headquartered energy services firm EnerMech has said it will create around 170 jobs with the launch of its first facility in Ireland.
Neptune Energy said it would pay an $800 million (£605m) dividend to shareholders before the end of the year.
Owners of Neptune Energy are weighing plans to sell the UK oil and gas explorer, according to people familiar with the matter.
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.
Assala Energy has begun drilling at its Toucan site in Gabon, the company has announced.
HH LAPS, a partner on Perenco assets in the Southern North Sea, has been rebranded as Everard Energy following a management buyout.
A cyberattack which hit the global business of Aberdeen-headquartered EnerMech cost the group hundreds of thousands of pounds.
The private equity backer of Aberdeen-headquartered Enermech and operator Neptune Energy posted a first quarter loss of almost half a billion pounds.
Global investment firm The Carlyle Group will invest $100 million in solar power projects in the US.
Sonatrach has signed a deal to increase its stake in the Medgaz gas pipeline to 51%, from 43%. The remainder will be held by Naturgy.
Aberdeen-headquartered EnerMech said it is making European expansion a “top priority” with the appointment of a new director.
Aberdeen-headquartered energy services firm EnerMech has appointed John Guy as its new chief executive.
Carlyle Group LP plans to buy a stake valued at as much as $4.8 billion in Cepsa from Mubadala Investment Co., about six months after the Abu Dhabi sovereign fund shelved plans to list the Spanish oil refiner.
Engineering services firm EnerMech has concluded its sale to private equity firm Carlyle Group and announced a number of senior appointments to its board.
EnerMech’s boss has denied that the Aberdeen-headquartered energy service company has been sold to US private equity investor Carlyle Group.