BG Group

Shell Gabon sale talks ongoing as company seeks to hit divestment target

Shell Gabon assets valued at around $700 million By Ron Bousso LONDON, Nov 25 (Reuters) – Royal Dutch Shell is in advanced talks with a party interested in buying its onshore operations in Gabon as part of a $30 billion divestment plan following its purchase of BG Group, which was completed in February. Shell had informed its […]

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US upstream oil/gas M&A to surge in 2016 following 73% plunge in 2015

Upstream North American shale plays were hard hit: total value of shale transactions just $29 billion, down from $71 billion in 2015 HOUSTON, Texas – Upstream merger and acquisition (M&A) activity is set to rebound from its record low in 2015, according to a new study from oil and gas information and insight provider 1Derrick.

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