Husky Makes $2.6B Hostile Bid for MEG Energy
Husky Energy has made a $2.6 billion hostile bid for MEG Energy Corp.
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Wintershall and DEA to Merge
BASF and LetterOne sign an agreement to merge their respective oil and gas businesses.
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Offshore Brazil Contract Extension Goes to Transocean
Transocean has won a 790-day contract extension from Petrobras.
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Rosebank Stake Buyer Needs Deep Pockets
Any buyer for Chevron's stake in the Rosebank field will need to have very deep pockets to fund the capital cost of development, says Wood Mackenzie.
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Total to Increase DUC Stake
Total agrees to purchase from Chevron all the share capital of Chevron Denmark Inc.
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OGCI Sets First Collective Methane Target
The Oil and Gas Climate Initiative has set its first collective methane target for member companies.
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Shareholders Approve MPC and Andeavor Merger
Shareholders of both Marathon Petroleum Corp (MPC) and Andeavor have voted to approve the strategic combination of the 2 companies, MPC reveals.
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UKCS Player Signs $400MM Acquisition Agreement
UKCS focused oil and gas company Verus Petroleum signs an agreement for the acquisition of Cieco Exploration & Production (UK) Limited, a wholly owned subsidiary of ITOCHU Corporation.
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SDX Energy in Discussions to Acquire Egypt Asset Package from BP
SDX Energy confirms that it is in discussions for the acquisition of a 'significant package of assets' in Egypt from BP.
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Transocean Wins Multi-well NCS Contract for New Semisub
The harsh-environment rig will be capable of operating at a water depth up to 10,000 feet.
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