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Tag: stake
Total to sell stake in offshore Shah Deniz field
2014-06-03 01:00:00| Offshore Technology
Total has agreed to sell its 10% interest in the Shah Deniz field and the South Caucasus Pipeline to the Turkish state-owned E&P firm TPAO for $1.5bn.
Tags: total
field
sell
offshore
Origin to buy Karoons stake in two Browse Basin exploration permits in Australia
2014-06-03 01:00:00| Offshore Technology
Sydney-based Origin Energy has agreed to acquire Karoon Gas 40% stake in two Browse Basin exploration permits in Western Australia for $800m.
Tags: buy
browse
australia
origin
Starboard acquires 5.6 pct stake in MeadWestvaco
2014-06-02 20:56:42| Industrial Machines - Topix.net
Investment management firm Starboard Value LP has acquired an approximately 5.6 percent stake in MeadWestvaco, saying it believes the packaging company is "deeply undervalued."
Tags: stake
pct
acquires
meadwestvaco
Starboard reports stake in MeadWestvaco, says shares undervalued
2014-06-02 14:51:28| Paper - Topix.net
Activist investor Starboard Value LP reported a 5.6 percent stake in MeadWestvaco Corp and said the packaging materials maker's stock was "deeply undervalued."
Tags: reports
shares
stake
undervalued
Origin pays $US800m for Browse gas stake
2014-06-02 06:23:12| Energy - Topix.net
Origin Energy will pay $US800 million for a stake in two gas exploration permits in Western Australia's Browse Basin.
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