Posts Tagged ‘purchase’

Seadrill set to launch AOD takeover bid

by on October 26, 2012 7:34 am BST
It follows an aggressive purchase by Seadrill of about 12.2 million shares in AOD  for around $61 million that increased its stake in the Asian drilling player from 33.75% to 64.23% by close of trading in Oslo on Thursday.The purchase price of $5 per share reportedly values AOD at $200

Noble sells to Ithaca in North Sea

by on October 9, 2012 7:26 am BST
London-listed Ithaca Energy has come in for the stakes in the Cook and MacCulloch producing fields from the US independent.Ithaca has moved its holding in the Shell-operated Cook field from 28.46% to 41.35% through the purchase of a further 12.89% from Noble. Ithaca is the largest owner

Total signs agreement with Kogas for LNG

by on September 13, 2012 3:09 am BST
Total signs agreement with Kogas for LNGBY NOEMIE BISSERBEPARIS -- Total said it signed an agreement with Kogas for the purchase of 0.7 mmtpy of LNG from the Sabine Pass terminal in Louisiana. The LNG will be lifted following the startup of the Sabine Pass terminal's liquefaction train 3, which is scheduled for

Total lifts Ichthys stake to 30%

by on July 12, 2012 10:34 am BST
Total did not disclose the value of the stake acquisition in an announcement, but said the purchase would no affect on existing offtake agreements over the 8.4 million tonnes of liquefied natural gas expected to be produced every year by the project.Total’s gas trading subsidiary would buy 900,000 tonnes of this