Acquisitions & Mergers

JAPEX: Sale of Oil Sands Assets in Alberta Canada

Company Name: Japan Petroleum Exploration Co., Ltd. (JAPEX) Representative: Hideichi Okada, President Security Code: 1662 (First Section of Tokyo Stock Exchange) Inquiries: Media and Investor Relations Department TEL.: +81-3-6268-7110 Sale of Oil Sands Assets of Hangingstone 3.75 Section Area in the Province of Alberta Canada Japan Petroleum Exploration Co., Ltd. (JAPEX) announces that Japan Canada Oil Sands Limited (JACOS), its

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Concho Deal Creates Permian Basin Giant

28 March 2018 Topics: Asset/portfolio management Drilling operations Shale oil Getty Images Concho Resources has agreed to acquire RSP Permian in an all-stock deal valued at $9.5 billion including $1.5 billion in RSP debt. The move is expected to make Concho the Permian Basin’s most-active driller and its largest oil and gas producer from unconventional shale, the operators said in

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Concho Resources Inc. to Acquire RSP Permian, Inc. in All-Stock Transaction

03/28/2018 Transaction Creates Largest Unconventional Shale Producer in the Permian Basin MIDLAND, Texas & DALLAS–(BUSINESS WIRE)– Concho Resources Inc. (NYSE: CXO) and RSP Permian, Inc. (NYSE: RSPP) today announced they have entered into a definitive agreement under which Concho will acquire RSP in an all-stock transaction valued at approximately $9.5 billion, inclusive of RSP’s net debt. The consideration will consist

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Statoil becomes operator of the Martin Linge field and Garantiana discovery

Statoil and Total have completed their previously announced transaction whereby Statoil has acquired Total’s equity stakes in, and taken over the operatorships of, the Martin Linge field and the Garantiana discovery on the Norwegian continental shelf. Statoil now has a 70% interest in Martin Linge and 40% in Garantiana. 121 employees from Total have been transferred over to Statoil in

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W&T Offshore acquire interest in Heidelberg Field Gulf of Mexico

HOUSTON, March 12, 2018 — W&T Offshore, Inc. (NYSE: WTI) today announced that it was the successful bidder on an interest in three blocks in the Heidelberg field in the Gulf of Mexico offered in connection with the Chapter 11 bankruptcy proceedings of Cobalt International Energy, Inc. and its subsidiaries.  The successful bid covers all of Cobalt’s interest in the

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Maersk Oil Acquisition by Total Becomes the Second-Largest Operator in the North Sea

2018/03/08 Paris – Total announces the closing of the Maersk Oil acquisition signed on 21st of August 2017. It brings to Total around 1 billion barrels of oil equivalent of 2P/2C reserves and resources, mainly in the OECD countries, and a production of about 160,000 barrels of oil equivalent per day (boe/d) in 2018, ramping up to more than 200,000 boe/d

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SOCOTEC has announced Acquisition of ITM Monitoring

08 March, 2018 SOCOTEC, the UK’s leading provider of testing, inspection and compliance services has announced the acquisition of Calyx Investments Ltd, the holding company for the UK’s leading geotechnical and structural monitoring specialists, ITM Monitoring Ltd. ITM Monitoring is acknowledged as a leader in the supply, installation and monitoring of small to large scale projects which involve the movement

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Transocean Receives Approval of Supplemental Prospectus for Compulsory Acquisition of Remaining Songa Offshore SE Shares

STEINHAUSEN, Switzerland, March 08, 2018 (GLOBE NEWSWIRE) — Transocean Ltd. (NYSE:RIG) announced today that Transocean Ltd. along with Transocean Inc. (“Transocean”) received regulatory approval of its supplemental prospectus related to the compulsory acquisition of the remaining shares in Songa Offshore SE(‟Songa Offshore”) that are not already owned by Transocean. Transocean expects to complete the compulsory acquisition by the end of

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Castleton Commodities International LLC Completes Acquisition of Avangrid Inc.’s Gas Trading Business

Stamford, CT – March 2, 2018 – Castleton Commodities International LLC (“CCI”) announced it has closed on the acquisition, through one of its subsidiaries, of Enstor Energy Services, LLC (“EES”), the gas trading business of Avangrid Renewables Holdings, Inc., a wholly-owned subsidiary of Avangrid, Inc.. “The EES acquisition increases our activities in the North American wholesale natural gas market.” said

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Total acquires a 16.33% stake in the Waha Concessions in Libya

2018/03/02 Paris – Total has acquired Marathon Oil Libya Limited which holds a 16,33% stake in the Waha Concessions in Libya. This acquisition will give Total access to reserves and resources in excess of 500 million barrels of oil equivalent, with immediate production of around 50.000 barrels of oil equivalent per day (boe/d) and a significant exploration potential across the

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Baldor Electric Company is now ABB

Integration is significant step in ABB’s Next Level strategy, rebranding begins March 2018 ABB will integrate the Baldor Electric Company name into its global ABB brand as a part of its Next Level strategy, which includes harmonizing different ABB-owned brands under the global ABB master brand. Beginning March 1, 2018, Baldor Electric Company, a member of the ABB group for

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Baldor Electric Company is now ABB

Integration is significant step in ABB’s Next Level strategy, rebranding begins March 2018 ABB will integrate the Baldor Electric Company name into its global ABB brand as a part of its Next Level strategy, which includes harmonizing different ABB-owned brands under the global ABB master brand. Beginning March 1, 2018, Baldor Electric Company, a member of the ABB group for

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KBR Steps Up Expansion into High End Government Services with Acquisition of SGT

Strategic acquisition further expands KBR’s high-tech professional services across NASA and other Government Services entities Enhances and expands capabilities to support high-priority missions including human space flight, the International Space Station, military  and commercial space Increases technology capabilities in mission IT and scientific research including modeling, simulation and data analytics $3.4 billion in backlog with no major recompetes for two

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Esri Acquires ClearTerra Location Data Extraction Technology From ClearShark

New Capabilities Provide Support for Unstructured Data in the ArcGIS Platform February 23, 2018 Redlands, California—Esri, the global leader in spatial analytics, today announced that it has acquired technology from ClearTerra, a leader in geospatial and activity-based intelligence tools. This acquisition will provide ArcGIS platform users the ability to easily discover and extract geographic coordinates from unstructured textual data like

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Altair Expands Thermal Capabilities for Electronics; Acquires TES International’s Software, Hires Key Technologist

ElectroFlo CFD Software broadens HyperWorks® platform capabilities for electronics design TROY, Mich. – February 21, 2018 – Altair (ALTR), developer of the popular HyperWorks computer-aided engineering software suite, has acquired Michigan-based TES International’s technology, intellectual property, and other assets. TES was founded in 1994 to service the “electronics cooling” market, and provides cross-industry software solutions for thermal design and packaging,

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Transocean Receives Approvals, Commences Compulsory Acquisition of Remaining Songa Offshore SE Shares

STEINHAUSEN, Switzerland, Feb. 20, 2018 (GLOBE NEWSWIRE) — Transocean Ltd. (NYSE:RIG) announced today that Transocean Ltd. along with Transocean Inc. (“Transocean”) received all required regulatory approvals and has commenced a compulsory acquisition of all shares in Songa Offshore SE (‟Songa Offshore”) that are not already owned by Transocean. Transocean expects to complete the compulsory acquisition by the end of the

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