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Edison, Energean Cut Oil Deals Value by Two Thirds

2020-06-29 19:30:00| OGI

Mediterranean-focused Energean last year agreed to buy the oil and gas operations of Edison for up to $850 million, but the parties agreed to revise the deal because of the amendments and a weaker price outlook.

Tags: deals cut oil thirds


Equinor Awards Offshore Norway Deals worth $189 Million to TechnipFMC

2020-06-23 15:41:34| OGI

Equinor has awarded two contracts and issued a letter of intent to TechnipFMC for pipelaying and subsea installation for three projects on the Norwegian continental shelf (NCS), the company said on June 23.

Tags: million deals worth awards


A Rise in Distressed Hotel Deals Could Hit in Late Summer

2020-06-15 17:51:00| National Real Estate Investor

Delinquencies have spiked quickly on hotel properties, but we are still a few months away from a wave of distressed deals hitting the market.

Tags: in hotel hit late


TEMS International Wins Gulf Of Mexico Deals Worth Over $1 Million

2020-06-11 15:18:28| OGI

Oil and gas service company TEMS International has secured two new contracts for work in the deepwater Gulf of Mexico, the company said on June 11.

Tags: international million mexico deals


A&D Trends: Climate for Oil Deals at Historic Lows

2020-05-27 00:00:00| OGI

Negative oil futures arent the only drag on deals. History, replete with examples of how to deal with bad times, is being made right now.

Tags: deals oil trends historic


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