Mergers, Acquisitions, and Divestitures impacting the world energy market
Seatrium Singapore shipyard group Seatrium has sold its AmMFELS yard located at Brownsville, Texas, for a consideration of S$65m ($50.6m) to Karpower Valley, a related party of Karpowership. Seatrium stated that the accretive divestment would […]
Daily Standup Top Stories Fed cuts rates by 0.25% after flagging risks from softening labor market September 17, 2025 Clark Savage The Dow Jones Industrial Average eked out a modest 0.1% increase, while the Nasdaq Composite […]
Chord Energy has announced a definitive agreement to purchase assets in the Williston Basin from XTO Energy, a subsidiary of ExxonMobil Corporation, for $550m. The acquisition encompasses 48,000 net acres in the Williston Basin, with […]
Global mining group Anglo American and Canadian miner Teck Resources have agreed to merge in a deal that will create one of the world’s largest copper producers with a combined market value of over $53bn. […]
Singapore-based product tanker giant Hafnia has agreed to acquire a 14.45% holding in Danish rival Torm from Oaktree Capital Management in a deal worth about $311.4m. The BW Group-backed owner will pay $22 per share […]
HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the holding company of the HD Hyundai shipbuilding empire, has provided more details of the decision to merge its two flagship yards. Splash reported yesterday on the […]
Daily Standup Top Stories What Does Powell’s Comments in Jackson Hole Mean to the Oil and Gas Markets and Investors? August 23, 2025 Clark Savage Federal Reserve Chair Jerome Powell’s annual address at the Jackson Hole […]
NEW YORK, Aug 22 (Reuters) – Crescent Energy (CRGY.N) is in advanced talks to acquire smaller peer Vital Energy (VTLE.N), people familiar with the matter said on Friday, in a deal that would give the […]
HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the holding company of HD Hyundai Group, has struck a deal to acquire Doosan Vina, the Vietnamese manufacturing unit of Doosan Enerbility, in a transaction worth 290bn […]
The big ports deal involving CK Hutchison has hit choppy waters. The Hong Kong-based conglomerate confirmed yesterday that its planned sale of 43 global ports for just shy of $23bn is unlikely to be completed […]
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