8Mergers & Acquisitions News

 

Viridien, TGS Start 3D Seismic Survey Offshore Northern Brazil

Sep 04, 2025

French seismic firm Viridien, in collaboration with joint venture partner TGS, has started the Megabar Extension Phase I survey in the Barreirinhas Basin offshore Northern Brazil.The 5,300 sq km multi-client 3D seismic survey will be acquired…

ConocoPhillips Plans 20-25% Workforce Cut

Sep 04, 2025

U.S. oil and gas producer ConocoPhillips will cut 20-25% of its workforce as part of a broad restructuring, a company spokesperson said on Wednesday, after five sources told Reuters that CEO Ryan Lance detailed the plans in a morning video message…

Karoon Energy Launches Revitalization Project for Brazil Fields

Aug 29, 2025

Australian oil and gas company Karoon Energy has initiated the multi-million dollar revitalization and life extension scheme as part of the Baúna project, comprising Baúna, Piracaba and Patola fields, offshore Brazil.Karoon has reassessed the Reserves and Contingent Resources for the Baúna project…

New Acquisition Bolsters Straatman's Maritime Manufacturing Expertise

Aug 26, 2025

Straatman has acquired Kraaijeveld Winches, a Dutch company specializing in the design and production of winches and related equipment for dredging, offshore, and maritime applications.The acquisition marks a strategic step in Straatman’s long…

Odfjell Oceanwind Acquires Ørsted’s Share in Scottish Floating Wind Project

Aug 26, 2025

Odfjell Oceanwind (OOW) has completed the acquisition of Ørsted`s 80% share in the 100 MW Salamander floating wind farm, located on the east coast of Scotland.OOW will work together with the remaining shareholders of the Salamander offshore wind farm…

PXGEO Nets First Seismic Survey off Malaysia

Aug 25, 2025

Marine geophysical services company PXGEO has secured its first contract in Malaysia to deliver offshore seismic data acquisition services under a two-year agreement.The contract includes a minimum commitment of 365 days of acquisition activity…

TGS Lands Seismic Job Offshore Indonesia

Aug 25, 2025

Energy data and intelligence firm TGS has secured a large streamer contract offshore Indonesia, covering approximately 10,000 square kilometers.Much of the project will focus on acquiring 3D seismic data for exploration purposes, with the final…

Shipbuilder Delivers Fast Crew Boat Pair to Aesen

Aug 18, 2025

In early August 2025, Aesen took delivery of two new Generation 4 Fast Crew Boats (FCBs) — Aesen 107 and Aesen 108 — at a christening ceremony held at Strategic Marine yard. The addition of Aesen 107 and Aesen 108 brings Aesenʼs total new crew…

Talos Energy Makes Three Leadership Appointments

Aug 14, 2025

Talos Energy has appointed Zachary B. Dailey as Executive Vice President and Chief Financial Officer (CFO), effective August 18, 2025.In addition, the company has appointed William R. Langin as Executive Vice President – Exploration and Development…

Saipem Marks First Steel Cut for Tangguh UCC Project at Karimun Yard

Aug 13, 2025

The First Steel Cutting ceremony took place at Saipem’s Karimun fabrication yard, marking the official start of construction activities for the Tangguh UCC project, awarded by bp Indonesia.The event was attended by representatives of the client…

Exxon Mobil Starts Production at Fourth FPSO in Guyana

Aug 12, 2025

An Exxon Mobil-led consortium began production at a fourth floating production, storage and offloading vessel at the Stabroek Block in Guyana on Friday, bringing total capacity from the oilfield to over 900,000 barrels of oil per day, Exxon said…

Shelf Drilling Nets First Dutch North Sea Job with Tenaz Energy

Aug 08, 2025

Offshore drilling contractor Shelf Drilling, through its subsidiary Shelf Drilling (North Sea) (SDNS), has secured a contract for the Shelf Drilling Winner jack-up rig with Tenaz Energy for operations in the Dutch North Sea.The firm term of the contract is one year…

TGS Lines Up Streamer Acquisition Job in East Mediterranean

Aug 08, 2025

Energy data and intelligence firm TGS has secured a streamer acquisition contract in the East Mediterranean.Acquisition is scheduled to begin in the third quarter of 2025, and the contract has a duration of approximately 30 days.No further details…

Harbour Energy Boosts Production Outlook After Wintershall Deal

Aug 07, 2025

North Sea-focused Harbour Energy raised its annual free cash flow and production forecast on Thursday, bolstered by robust production following the integration of the Wintershall Dea portfolio and cost control in the first half of the year.The…

Fugro Gets Offshore Wind Job in Taiwan

Aug 06, 2025

Fugro has secured a contract from Shinfox Energy for geotechnical services to support the development of its 700 MW Youde offshore wind farm off the west coast of Taiwan.Fugro will use its Taiwan-flagged vessel, Pacific Hornbill, an IOVTEC-managed DP2 vessel…

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