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.
Shell sells Canadian oil sands assets for US$8.5bn
10 March, 2017
Oil and gas giant Royal Dutch Shell has agreed to sell almost all of its oil sands interests in Canada in a deal worth US$8.5bn.
Nuclear Decommissioning Authority appoints new CEO
02 March, 2017
The UK’s Nuclear Decommissioning Authority has appointed David Peattie as its new chief executive, taking over from John Clarke after five years in the role.
ExxonMobil completes US$2.5bn InterOil acquisition
24 February, 2017
US multinational ExxonMobil has completed its previously announced takeover of InterOil, purchasing all remaining shares in the company.
PETRONAS assesses US$1bn offshore gas sale
20 February, 2017
Malaysian state-owned oil and gas firm PETRONAS is reported to be considering selling a US$1bn stake in the SK316 offshore gas block in Malaysia’s Sarawak state.
Nordex Group acquires SSP Technology
02 February, 2017
German company Nordex Group has agreed a deal to acquire Danish wind turbine blade manufacturer SSP Technology A/S.
Shell to sell US$3.8bn of UK North Sea assets to Chrysaor
31 January, 2017
Anglo-Dutch oil and gas giant Shell has agreed to sell a package of UK North Sea assets to Chrysaor for a total of up to US$3.8bn.
EnQuest acquires 25% stake in BP’s Magnus oil field
25 January, 2017
BP has announced that it will sell 25% of its 100% stake in the Magnus oil field and shares of other UK North Sea projects to oil and gas development and production company EnQuest.
Registered Office: The EIC, 89 Albert Embankment, London, SE1 7TP, United Kingdom Company Registration 493459 © 2012 Energy Industries Council