Shell announces sale of Brazilian gas company stake
13 October, 2017
Royal Dutch Shell has agreed to sell its stake in Brazilian gas distribution company Comgás to Cosan for US$380m.
Wood Group completes £2.2bn acquisition of Amec Foster Wheeler
10 October, 2017
Wood Group has announced it has completed its £2.2bn acquisition of Amec Foster Wheeler and will change its name to Wood.
Pembina completes US$7bn Veresen merger
03 October, 2017
Canada’s Pembina Pipeline Corporation has completed its US$7.8bn merger with Veresen to create one of the country’s largest midstream energy infrastructure firms.
Chevron elects new CEO and chairman
29 September, 2017
American oil major Chevron Corporation has announced that its board of directors have elected Michael Wirth as chairman and CEO.
ABB acquires GE Industrial Solutions for US$2.6bn
25 September, 2017
Swiss technology giant ABB has purchased GE’s global electrification solutions business for US$2.6bn.
Total expands renewable energy portfolio
22 September, 2017
French oil and gas major Total has continued its diversification into renewable energy, acquiring two green energy firms.
Maersk sells oil tanker unit for US$1.17bn
20 September, 2017
Danish transport, logistics and energy conglomerate Maersk has sold its oil tanker business to private equity firm AP Moller Holding for US1.17bn.
Bids made for Engie’s 953MW coal-fired power plant in Australia
18 September, 2017
France’s Engie has received two bids for its 953MW coal-fired power plant in Victoria, Australia.
Wood Group and Amec Foster Wheeler merger plans approved by watchdog
12 September, 2017
The UK’s competition watchdog Competition Markets Authority has approved Wood Group’s proposed £2.2bn acquisition of Amec Foster Wheeler.
Total sells its remaining 15% interest in Gina Krog field
05 September, 2017
French multinational Total has sold its remaining 15% stake in its Norwegian North Sea Gina Krog field to Kuwait Foreign Petroleum Exploration Company.
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