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14 November 2018
GE reaches deal to expedite sale of 12% stake in BHGE
General Electric (GE) has signed an agreement to divest 12% of its interest in oilfield services company Baker Hughes, a GE company (BHGE), in order to raise $4bn to reduce...
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13 November 2018
Total to buy 40% stake in Ruwais Diyab Unconventional Gas Concession
Total has signed an agreement to acquire a 40% stake in the Ruwais Diyab Unconventional Gas Concession in the UAE from state-owned firm Abu Dhabi National Oil Company (Adnoc).
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13 November 2018
Wood wins contracts from Adnoc Onshore for PMC services
UK energy services company Wood Group has received three contracts from Adnoc Onshore to deliver project management consultancy (PMC) services in the UAE.
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12 November 2018
US court ruling suspends Keystone XL pipeline project
A federal judge in the US state of Montana has blocked the construction of the proposed $8bn Keystone XL oil pipeline, which will carry oil from Canada to the US.
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12 November 2018
Japan’s Toshiba to sell US LNG business to stem losses
Japanese conglomerate Toshiba is set to sell its US liquefied natural gas (LNG) business as part of its plans to divest troubled assets under a new five-year business strategy.
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9 November 2018
Deals this week: Total, Vantage Energy, SandRidge Energy
Total and Sempra Energy have entered a memorandum of understanding (MOU) for liquefied natural gas (LNG) exports in North America.
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9 November 2018
QEP to divest Williston Basin assets to Vantage for $1.725bn
QEP Resources' wholly owned subsidiary QEP Energy Company has signed an agreement for the sale of its Williston Basin assets to Vantage Energy Acquisition’s 100% subsidiary Vantage Acquisition Operating Company,...
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9 November 2018
Anadarko Petroleum to offload midstream assets for $4.015bn
US petroleum and natural gas firm Anadarko Petroleum has signed a $4.015bn agreement to sell nearly all of its remaining midstream assets to its master limited partnership Western Gas Partners...
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9 November 2018
M&As this week: Encana, Motley Services, Bellatrix Exploration
Encana has entered a $5.5bn agreement to take over US-based oil and gas company Newfield Exploration Company.
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8 November 2018
Qatar Investment Authority to pay $4.23bn for Rosneft stake
State-owned sovereign wealth fund Qatar Investment Authority (QIA) is reportedly set to pay $4.23bn for half of a 14.16% stake in Russian oil and gas company Rosneft.
