The company is currently in discussions to acquire two companies in North America this year, a major step in accelerating its 2021 transformation and growth strategy.
acquisition
Posted inProducts & Services
Tenaris inks $1.2bn deal to acquire IPSCO Tubulars from TMK
The deal is expected to enhace Tenaris’ position in the US
Posted inDRILLING & PRODUCTION
Petronas acquires 10% stake in Oman’s Al Khazzan field
Wood Mackenzie estimates that the deal “could be worth in excess of $1.3bn…”
Posted inDRILLING & PRODUCTION
Carlyle Group to acquire energy and infrastructure services company EnerMech Group
EnerMech plans to double its business in the next five years.
Posted inProducts & Services
Low oil price to drive market
Decline is already having an effect on mergers and acquisitions
Posted inProducts & Services
Oil and gas deals reach $141bn
Mergers and acquisitions see $40bn year-on rise
Posted inProducts & Services
Mermiad Martime increase Saudi business stake
Group has increased stake in Subtech Saudi Arabia to 95%
Posted inNews
Royal Dutch Shell completes Repsol LNG purchase
Shell purchasesd Repsol LNG business outside North America for $4.1bn
Posted inNews
Aker Solutions buys Dubai’s NPS Energy for $350m
Norwegian firm chasing bigger Middle East reach with purchase
Posted inProducts & Services
Lamprell to acquire Maritime Industrial Services
$336.1 million deal values Sharjah-based contractor at $6.83 a share