Out of 60 sectors in the Mergr database, oil/gas exploration ranked 18 in number of deals in 2011. The largest oil/gas exploration acquisition in 2011 was El Paso - which was acquired by Kinder Morgan for $37.8B.
Join Mergr to view all 117 acquisitions of oil/gas exploration companies in 2011, including 47 acquisitions by private equity firms, and 70 by strategics.
Level 21, Tower 2, Etiqa Twins, 11 Jalan Pinang,,
Kuala Lumpur, 50450
(603) 2732 2300
Integrated Petroleum Services (IPS) manages and charters rigs and offshore support vessels to the major oil and gas companies operating within and outside Malaysia. IPS also provides drilling consultancy and offshore engineering services, working in conjunction with foreign principals. Its services are required in every stage of offshore upstream operations: exploration/appraisal, field development, production and decommissioning. Besides having national oil company Petronas as its client, IPS also services oil majors such as Murphy Oil, Shell, Talisman and ExxonMobil.
Integrated Petroleum Services Sdn Bhd was acquired by The Abraaj Group on November 1, 2011.
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