Mergers & Acquisitions News


Serica Closes North Sea Asset Acquisition from ONE-Dyas

13 hours ago

Serica Energy has completed the acquisition of a 10% interest in the Catcher field and a 5.21% interest in the Golden Eagle Area Development (GEAD) from ONE-Dyas.The acquisition, first announced in September 2025, further diversifies Serica's…

TGS Acquires Apparition to Boost Seismic Imaging Tech Portfolio

Jun 08, 2026

TGS has acquired Apparition Geoservices, securing exclusive access to the company's proprietary simultaneous source acquisition and separation technology aimed at improving seismic survey efficiency and subsurface imaging.The acquisition combines…

OEG Expands Wind Services with Hybrid Acquisition

Jun 04, 2026

OEG has acquired Hybrid Resource Management, an onshore and offshore wind workforce solutions provider, in a move to strengthen its technical services capability and expand its presence in the operations and maintenance (O&M) wind market across the UK and Europe…

Motive Offshore Acquires Subsea Tech Firm C-Kore

Jun 04, 2026

Motive Offshore Group has acquired subsea cable monitoring and integrity technology company C-Kore in a move aimed at expanding its testing, inspection and certification (TIC) capabilities.The acquisition is expected to increase the contribution…

Capricorn Energy Grants Third Extension for Potential Takeover Offer

Jun 03, 2026

Capricorn Energy said on Wednesday the deadline for Cafani Group-linked investment vehicle Alamadiyaf al‑Masiyyah to make a formal takeover offer for the London-listed oil producer has been extended for a third time to July 1.Alamadiyaf al‑Masiyyah…

Energean’s Angola Deal with Chevron Faces Pre-Emption Challenge

Jun 03, 2026

Energean has announced that of the joint venture partners in Angola's Blocks 14 and 14K, Etu Energias, has notified seller Chevron that it intends to exercise pre-emption rights over the proposed sale of Chevron's interests in the offshore assets…

Weatherford Strikes Deal to Acquire NCS Multistage

Jun 01, 2026

Energy services company Weatherford has entered into a definitive agreement to acquire NCS Multistage Holdings in a transaction aimed at expanding its well completions portfolio and increasing exposure to unconventional resource markets.Under the agreement…

Vantage Drilling Agrees to $258M Takeover by Eldorado Drilling

Jun 01, 2026

Vantage Drilling has entered into a merger agreement under which Norway-based Eldorado Drilling will acquire the offshore drilling contractor in a transaction valuing the company's equity at approximately $257.6 million.Under the agreement, Vantage shareholders will receive $19…

GS Energy Acquires 5% Stake in Australia’s Browse LNG Project from BP

Jun 01, 2026

BP on Monday said it agreed to sell 5% of its stake in the Browse liquefied natural gas project in Western Australia to South Korea's GS Energy.The sale leaves BP with a 39.33% stake in the Woodside-led WDS.AX project, which is expected to cost A$48…

BP to Boost Azerbaijan Portfolio with Babek Gas Field Operatorship Takeover

May 29, 2026

Energy major BP will become the operator of a large offshore natural gas production project in Azerbaijan - the Babek gas field - three industry sources told Reuters on Wednesday.BP already has significant exposure to oil and gas production in the South Caucasus country…

Chevron Moves to Take Operatorship of Greek Offshore Block

May 28, 2026

U.S. oil major Chevron has filed an official request to take over a 70% stake from Greece's Helleniq Energy in an offshore block southwest of Greece, the Greek energy ministry said on Thursday, in a move that would further expand the United States' presence in the Mediterranean…

Archer Bolsters P&A Portfolio with isol8 Acquisition

May 22, 2026

Oilfield services firm Archer has signed a share purchase agreement to acquire isol8, a well technology company specializing in alloy-based barrier solutions and advanced materials used in well completions, intervention and plug and abandonment (P&A) operations…

Navitas Takes Operatorship of South Africa Offshore Block from Eco Atlantic

May 20, 2026

Eco (Atlantic) Oil & Gas has signed a definitive agreement to farm down a 37.5% working interest in Block 1 CBK offshore South Africa to Navitas Petroleum after the company exercised an option under a previously announced strategic framework agreement…

QatarEnergy Enters Uruguay with Shell Deal for Three Offshore Blocks

May 20, 2026

QatarEnergy has acquired participating interests in three exploration blocks offshore Uruguay from BG International Limited, a subsidiary of Shell.Under the agreements, QatarEnergy has acquired an 18% interest in block ‘OFF-4’, while Shell held 32%…

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