Anadarko Petroleum has signed an agreement to merge with Occidental Petroleum in a deal worth $57bn, terminating a previously announced merger agreement with Chevron.
10 May 2019
08 May 2019
Axis Energy Services, an oil and gas well service company focused on optimizing completions, today announced the launch of its new R&D and Rig Monitoring Center.
07 May 2019
Anadarko Petroleum Corporation (NYSE: APC) today confirmed that it has received a revised proposal ("Occidental's Revised Proposal") from Occidental Petroleum Corporation on May 5, 2019 under which Anadarko shareholders would receive $59.00 in cash and 0.2934 shares of Occidental common stock per share of Anadarko common stock.
06 May 2019
French oil and gas giant Total has signed an agreement with Occidental Petroleum to acquire the African assets of Anadarko Petroleum for $8.8bn.
01 May 2019
Berkshire Hathaway has committed an equity investment of $10bn in Occidental Petroleum should the latter enter into an agreement to acquire Anadarko Petroleum and close the transaction.
30 Apr 2019
Anadarko Petroleum has expressed its interest in the recently offered $57bn takeover bid from Occidental Petroleum and is set to resume negotiations with the latter.
29 Apr 2019
Israel-based Delek Group has confirmed that it is pursuing acquisition of Chevron’s UK North Sea oil and gas assets.
25 Apr 2019
Occidental Petroleum has proposed to acquire Anadarko Petroleum in a cash-cum-stock deal worth $57bn, including the assumption of the latter’s net debt.
24 Apr 2019
Murphy Oil has agreed to acquire certain deep water assets in the Gulf of Mexico that include seven producing fields and four development projects, from LLOG Exploration Offshore and LLOG Bluewater (LLOG) for $1.375bn.
23 Apr 2019
Northern Oil and Gas has agreed to acquire the Williston Basin properties of VEN Bakken, a wholly-owned subsidiary of Flywheel Bakken, a portfolio company of the Kayne Private Energy Income Funds.