8Mergers & Acquisitions News

 

TGS Bags Second OBN Contract in Europe

Jan 27, 2026

TGS, a provider of energy data and intelligence, has secured an additional ocean bottom node (OBN) contract in Europe.The company's node-on-a-rope crew will mobilize in mid-summer, with the project expected to run for approximately 30 days.The name of the client or the value of the contract has not been disclosed.To remind, TGS secured first OBN contract in Europe for 2026 back in December 2025.'We are very pleased to secure further OBN work for the 2026 Europe season…

Chevron-Led Joint Venture Discovers Hydrocarbons Offshore Nigeria

Jan 27, 2026

A joint venture between Nigeria’s state oil company Nigerian National Petroleum Company (NNPC) and Chevron Nigeria Limited (CNL) has confirmed hydrocarbons across multiple reservoir zones following the drilling of the Awodi-07 appraisal and…

Energean Forecasts Lower 2026 Gas Production

Jan 27, 2026

Energean on Tuesday forecast 2026 production of 140-150 thousand barrels of oil equivalent per day (kboed), below last year's numbers, as the gas producer looks to expand operations and boost output amid geopolitical disruptions.Shares of the FTSE-250 company were down 2…

Gulf Marine Services Lines Up First Fleet Addition in 10 Years

Jan 26, 2026

Gulf Marine Services (GMS), a provider of jack-up support vessels to the offshore energy industry, has agreed to acquire a new mid-class self-propelled, self-elevating support vessel, marking its first vessel acquisition in a decade.The vessel…

SLB Beats Profit Forecasts, Unveils $4B Return Plan

Jan 23, 2026

SLB beat Wall Street estimates for fourth-quarter profit on Friday, as the world's top oilfield services provider benefited from the ChampionX acquisition and unveiled plans to return $4 billion to shareholders this year.The company closed the $7…

Viridien, SLB Set to Launch ‘Massive’ OBN Survey Offshore Egypt

Jan 22, 2026

Viridien and SLB have entered into an agreement with the Egyptian Natural Gas Holding Company (EGAS) to launch a massive multi-client ocean bottom node (OBN) seismic acquisition and imaging program in Egypt’s Eastern Mediterranean offshore.The largest project of its kind in the region…

Chevron in Final Talks with Eneos, Glencore on Singapore Assets Sale

Jan 22, 2026

Chevron plans to close a deal to sell its oil refining and distribution assets in Singapore in the first quarter of the year as it engages in a final round of talks with Japanese refiner Eneos and Glencore, four sources with knowledge of the matter said…

Harbour Energy Forecasts Lower 2026 Output, Omit LLOG Deal Impact

Jan 22, 2026

Britain's Harbour Energy on Thursday forecast 2026 production of 435,000 to 455,000 barrels of oil equivalent per day (boepd), excluding the impact of planned asset sales and the company's $3.2 billion acquisition of LLOG.The figures are lower than the 474…

AD Ports Strengthens Offshore Wind Push with Spanish Shipyard Acquisition

Jan 21, 2026

Abu Dhabi Ports Group, via its subsidiary SAFEEN Drydocks, has acquired full ownership of Balenciaga Astilleros Shipyard in Spain for a total consideration of $13.1 million, consolidating the group’s operations in Spain and the Mediterranean and supporting its expansion in the offshore wind sector…

Galp Focuses on Growing Upstream in Brazil, Namibia

Jan 20, 2026

Portuguese energy firm Galp will focus on growing its upstream business from oilfields in Brazil and Namibia and may list parts of its newly formed downstream business in a couple of years, its co-chief executive Joao Diogo Marques da Silva told Reuters on Tuesday…

Samos Energy Buys Suksan Salamander FSO from Altera Infrastructure

Jan 19, 2026

Energy assets investment firm Samos Energy has signed an agreement to acquire the Suksan Salamander floating storage and offloading (FSO) unit from Altera Infrastructure, expanding its offshore asset portfolio in Southeast Asia.The Suksan Salamander…

TotalEnergies, BluEnergies Agree Joint Study on Liberia Deepwater Play

Jan 16, 2026

TotalEnergies has entered into a joint study and application agreement with Canada’s BluEnergies to assess the hydrocarbon prospectivity of the Harper Basin fan play offshore Liberia.Under the agreement, BluEnergies and the Liberian upstream…

ExxonMobil Enlists Shearwater for 3D Seismic Survey in South America

Jan 15, 2026

Offshore seismic services firm Shearwater Geoservices has secured a contract for a large 3D seismic acquisition program for ExxonMobil Trinidad and Tobago Deepwater.The deepwater survey offshore Trinidad and Tobago will cover approximately 6…

TGS Embarks on OBN Multi-Client Survey in Gulf of America

Jan 15, 2026

Energy data and intelligence firm TGS has embarked on next-generation multi-client long-offset Ocean Bottom Node (OBN) acquisition campaign, dubbed APEX 1, in the Gulf of America.Node deployment for APEX 1 started in December 2025, and acquisition…

Archer Awarded Integrated Deepwater P&A Contract in the Gulf of America

Jan 14, 2026

Archer, in collaboration with SLB, has been awarded an integrated plug and abandonment (P&A) contract with Equinor for the Titan platform in the Gulf of America (GoA).The service offerings under the contract includes project management, well engineering…

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