GE ties up €1.5bn acquisition of LM Wind Power
21 April, 2017
American multinational conglomerate GE has completed its acquisition of Danish wind turbine blade manufacturer LM Wind Power in a deal worth €1.5bn.
Hayward Tyler lands new orders worth £3.7m
13 April, 2017
UK electric motor and pump specialist Hayward Tyler has won new orders totalling £3.7m to be delivered this year.
Tullow to sell its North Sea gas assets
10 April, 2017
Hague and London Oil is set to acquire Tullow Oil’s natural gas producing assets in the Dutch North Sea.
Aker Solutions acquires Norwegian oil services provider Reinertsen
03 April, 2017
Oslo-based oil services company Aker Solutions has agreed to buy Reinertsen for £19.8m as part of its strategic objective of being the leading maintenance and modifications supplier offshore Norway.
ConocoPhillips sells Canadian oil sands assets for US$13bn
30 March, 2017
US multinational energy company ConocoPhillips has agreed to sell its interest in the Foster Creek Christina Lake oil sands partnership, along with most of its Western Canada Deep Basin gas assets to Cenovus for US$13.3bn.
EnergyPro Analytics and Galetech Energy Services form JV
29 March, 2017
Two Irish energy firms have formed a new 50/50 joint venture to create one of Ireland’s largest home-grown windfarm management companies.
Shell agrees to sell Gabon onshore assets
27 March, 2017
Anglo-Dutch oil and gas major Shell has agreed to sell 100% of its Gabon onshore assets for US$587m to Assala Energy Holdings Ltd.
Tullow Oil plans rights issue to raise £600m
17 March, 2017
UK-headquartered Tullow Oil has announced plans to raise £600m through a rights issue in an effort to cut debt and make investments in drilling and exploration in Latin America and Africa.
Wood Group agrees £2.2bn takeover of Amec Foster Wheeler
14 March, 2017
UK energy services company Amec Foster Wheeler has agreed to a £2.2bn all-share takeover offer by its rival Wood Group.
px group acquires Saltend Industrial Park from BP
13 March, 2017
Teesside based infrastructure solutions business, px group, has agreed to acquire the Saltend Industrial Park, near Hull, from BP.
Registered Office: The EIC, 89 Albert Embankment, London, SE1 7TP, United Kingdom Company Registration 493459 © 2012 Energy Industries Council