Economy Minister Bruno Le Maire faced a difficult decision between maintaining France as an attractive investment destination and maintaining sovereignty over strategic technology, but finally decided to veto the takeover.

Under the terms of the deal announced on Friday, Eni will acquire Neptune for $2.6bn, while Vår Energi — Eni’s Norwegian listed subsidiary — will acquire the company’s operations in Norway for $2.3bn.

The wind project is currently under development near the Port of Newcastle and will be situated in proximity of energy transmission infrastructure.

Brookfield Renewable, together with its institutional partners, will own a 51% interest in Westinghouse and Cameco will own 49%. Closing of the transaction is expected in the second half of 2023, subject to certain conditions, including approval from Brookfield Business Partners unit holders and regulatory approvals.

To take the group private, the French government will spend €9.7bn, including transaction costs.

RES has acquired Blueshore, an asset management business with 1.6 GW of renewable projects under management in Australia.

Rosneft exercised the pre-emption right for 37.5% share of the PCK (Schwedt) refinery from Shell.

Noble and Maersk shareholders will each hold 50% in the combined entity, which will be named Noble Corp. with headquarters in Houston.

The Merger creates a regional champion of size and scale, with a pro-forma market capitalisation of approximately A$21 billion

Pro-forma market capitalisation of A$21 billion which would position the merged entity in the top-20 ASX-listed companies and the 20 largest global oil and gas companies

CGE is one of the largest electricity distribution companies in Chile and supplies electricity to 45% of the country's households.

Aramco and an international investor consortium, including EIG and Mubadala, today announced the successful closing of the share sale and purchase agreement, in which the consortium has acquired a 49% stake in Aramco Oil Pipelines Company, a subsidiary of Aramco, for $12.4 billion.

The two companies will also establish a strategic partnership in the US offshore wind sector, seeking new opportunities.

Mainstream Renewable Power is the largest independent developer in Chile and has significant assets in Africa.

Pioneer Natural Resources has completed the acquisition of Parsley Energy following stockholder approvals.