purchase

Capitalizing on their successful cooperation in oil and petroleum product supplies, Rosneft and Vitol have agreed heads of terms regarding cooperation in a new sphere – liquefied natural gas (LNG). The Heads of Agreement for an LNG sale and purchase contract was signed by Rosneft President and Chairman of the …

Key points: Rosneft and BP today completed a number of transactions, in line with the terms announced in October 2012. As a result of the transactions: o BP receives net $12.48 billion in cash, including a TNK-BP dividend of $0.71 billion, and 18.5 per cent Rosneft shares; o Rosneft becomes …

National Oilwell Varco, Inc. and CE Franklin Ltd. announced today that NOV Distribution Services ULC, a wholly-owned subsidiary of NOV, has completed its previously-announced acquisition of CE Franklinpursuant to a plan of arrangement. The arrangement resulted in NDS acquiring all of the issued and outstanding common shares of CE Franklin for cash consideration of CAD$12.75 per …

International Petroleum Limited, an oil and gas exploration company with assets in Russia and Kazakhstan, is pleased to announce that it has completed the acquisition of Vamaro Investments Limited, the 100% legal and beneficial owner of two licences for geological study of subsoil, prospecting and extraction of oil and gas in the …

FMC Technologies, Inc.  announced it has signed a definitive agreement to acquire Control Systems International, Inc. (CSI). Terms of the transaction, which is subject to further due diligence and various closing conditions, were not disclosed. Founded in 1968, CSI is a leading supplier of innovative control and automation system solutions. …