bp has announced that it has agreed to sell its global petrochemicals business to INEOS for a total consideration of USD 5 billion, subject to customary adjustments. The agreed sale, the next strategic step in […]
Sempra Energy has announced that it has completed the sale of its Chilean businesses, generating approximately USD 2.23 billion in total cash proceeds, subject to post-closing adjustments. The sale to State Grid International Development Limited […]
On 18 September 2019, Ørsted announced that the company had signed an agreement to divest its Danish power distribution business (Radius) as well as its residential customer and city light businesses to SEAS-NVE. The transaction […]
bp ventures has invested USD 5 million in Satelytics, a cloud-based geospatial analytics software company that uses advanced spectral imagery and machine learning to monitor environmental changes, including methane emissions. Satelytics collects high resolution spectral […]
Aramco has announced the successful completion of its share acquisition of a 70% stake in Saudi Basic Industries Corporation (SABIC) from the Public Investment Fund (PIF), the sovereign wealth fund of Saudi Arabia, for a […]
Sempra Energy and State Grid International Development Limited (SGID) have jointly announced that both companies remain firmly committed to completing the sale of Sempra Energy’s equity interests in its Chilean businesses, including its 100% stake […]
Connector Subsea Solutions (CSS) Bergen, Norway, has announced that is has completed the acquisition of Isotek Oil and Gas Limited. The acquisition adds Isotek’s remote welding technology to CSS’s existing range of subsea pipeline repair […]
Through a private placement, Kongsberg Digital has acquired additional shares in NorSea Digital, now KONCIV, together with the private investor Jacob Møller. NorSea remains its largest owner. The company provides digital logistics services through its […]
Fugro has received USD 17.3 million from the sale by Global Marine Group of a 30% stake in Huawei Marine Networks (HMN) to Hengtong Optic-Electric Co Ltd. This transaction was announced in a press release […]
Total has confirmed its commitment to completing the sale of its UK North Sea non-core assets, first announced in July 2019. Reflecting recent significant market volatility, Total and Norway-based private equity investor HitecVision have successfully […]
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