Divestment continues firm’s strategy of realigning its focus on to its core controls technology
M&A
Posted inProducts & Services
Terra Drone invests in RoNik Inspectioneering to grow confined space inspection portfolio
The new joint venture, Terra Inspectioneering, will focus on the oil and gas sector across the globe
Posted inProducts & Services
DP World acquires Topaz Energy for $1bn
The company says it will strengthen its presence in the marine logistics sector
Posted inProducts & Services
DP World ‘in advanced discussion’ to acquire Topaz Energy
This would end plans for an initial public offering for Topaz Energy
Posted inDRILLING & PRODUCTION
PTTEP acquires Partex Holding for $622mn to expand in UAE and Oman
The acquisition gives PTTEP investments into projects with PDO, Occidental Oman, ADNOC as well as Total
Posted inProducts & Services
Majority of oil and gas executives expect global M&A market to improve in 2019
According to the EY ‘Oil & Gas Global Capital Confidence Barometer’, oil and gas firms represent the highest deal-making appetite among all sectors surveyed, with 62% of executives intending to pursue M&A in the next 12 months compared with 52% globally.