Market Report

Shell* has agreed to acquire 100% of sonnen, a leader in smart energy storage systems and innovative energy services for households. This follows an investment by Shell in May 2018 and…
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Halliburton Company announced the acquisition of Athlon Solutions, LLC, a leading provider of specialty water and process treatment chemicals, customized engineering solutions, and…
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Shell announced that its affiliates, Shell Integrated Gas Thailand Pte Ltd and Thai Energy Company Ltd, have completed the sale of their 22.2222% interest in the Bongkot field and…
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Transocean Ltd. announced that, through a joint venture with funds managed and/or advised by Hayfin Capital Management LLP (“Hayfin”), it has purchased a 33.3% interest in the West…
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SOCAR and BP signed a new production sharing agreement (PSA) for the joint exploration and development of Block D230 in the North Absheron basin in the Azerbaijan sector of the Caspian…
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Fieldwood Energy LLC announced the closing of its acquisition of all of Noble Energy deepwater oil and gas assets located in the Gulf of Mexico with an effective date of January 1,…
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A 50:50 joint venture (JV) between Maersk Drilling and Maersk Supply Service will leverage the companies’ heritage of over 50 years of safe and efficient operations to provide…
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ConocoPhillips provided several updates on disposition activity and early life-cycle acreage acquisition activities. In the first quarter of 2018, the company closed or entered…
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Saipem has entered into an agreement to acquire the Ultra Deepwater Rigid and Flexible Pipelay, 3000 ton Heavy Lift and Construction Vessel Lewek Constellation. Completed in…
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BP announced that Susan Dio has been appointed chairman and president of BP America Inc., BP’s chief representative in the United States, from 1 May 2018. Dio succeeds John…
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