Exxon Mobil Corp. is close to a $58 billion deal to buy Pioneer Natural Resources Co., underpinning a bet that oil and gas will remain central to the world’s energy mix for decades no matter what path nations take toward a lower-carbon future.
Harbour Energy (LON: HBR) has reached an agreement to offload its business in Vietnam to local counterpart Big Energy Joint Stock Company.
The winds of change appear to be blowing through Europe’s oil and gas sector as Big Oil moves away from its strategy of streamlining.
A top oil and gas analyst has given reasoning for Neptune Energy’s decision not to go down the public listing route.
Analysts have highlighted Neptune Energy’s bountiful gas reserves as a driving force behind its impending takeover.
Italian energy group Eni (NYSE: E) is nearing a deal to acquire oil and gas explorer Neptune Energy Group for about $5 billion, according to people familiar with the matter.
Subsea 7 (OSLO: SUBC) has temporarily paused its pursuit of Norwegian subsea services firm DOF Group (OSLO: DOF).
Subsea 7 says that merging with DOF, whose DOF Subsea branch has a base in Aberdeen, would bring significant benefits to shareholders.
Fiscal complexity and uncertainty around future tax changes is being blamed for a lack of new entrants into the UK offshore oil and gas sector.
The importance of ESG within the energy sector continues to be a headline topic and one which for oil and gas companies needs to form part of their business strategy as to how they contribute to the economy and society in which they operate.
Well management firm Zenith Energy has struck a deal to acquire recruitment specialist Prodrill Energy Resource Solutions.
TotalEnergies (PARIS: TTE) is considering a bid for private equity-backed oil and gas explorer Neptune Energy Group, people with knowledge of the matter said.
Oil giant Exxon Mobil (NYSE: XOM) has held preliminary talks with Pioneer Natural Resources over a possible acquisition of the fracking company, the Wall Street Journal reported, citing people with knowledge of the matter.
After "careful consideration", and in a bid to reach "a definitive conclusion", Apollo submitted a fifth, and final, offer on Tuesday.
Drilling contractor Seadrill (NYSE: SDRL) has formally completed its planned takeover of Aquadrill, creating an “industry leading” company.
London-listed Serica Energy (LON: SQZ) has formally completed the previously announced takeover of Tailwind Energy.
Viaro Energy’s buying spree shows no sign of letting up, with the company in the final phases of a deal for more North Sea fields.
Oil and gas company Reabold Resources has received a conditional, non-binding offer from a “credible party” for its major share in Corallian Energy.
It was an interesting year for deal-making in 2019, despite political and economic challenges.
In making any predictions for the year ahead, it makes sense to look back at the previous year.
A top energy consultancy insists there are “bargains” to be had in the UK North Sea in 2020.
A renewed optimism in oil and gas will drive M&A activity forward in the new year, a top north-east dealmaker has said.
Increasingly more recoverable barrels of oil and gas around the world are coming from corporate mergers and acquisitions, and not from traditional exploration.
While the shift from hydrocarbons to renewables is far from smooth, investment opportunities in the generation, service and utility markets are proliferating as the sector landscape evolves.
The Aberdeen based energy team working for one of the Big Four firms has reported a rise in M&A activity in the last year and a half.