Mergers And Acquisitions News

 

Eni to Sell Stakes in West African Oil and Gas Assets to Vitol for $1.65B

Mar 19, 2025

Vitol will acquire interests in certain assets owned by Eni, including including the Baleine project in Cote d’Ivoire and Congo LNG project in the Republic of Congo, for $1.65 billion.According to the agreement between the parties, Vitol will acquire an interest in both oil and gas producing assets and blocks undergoing exploration, appraisal and development.These include the Baleine project in Cote d’Ivoire…

Rosenxt Acquires Zupt LLC

Jul 30, 2026

Rosenxt Holding USA LLC, part of the Rosenxt Group, announced the acquisition of Zupt LLC, a Houston-based specialist in subsea metrology, advanced 3D subsea inspection, offshore survey engineering along with and technologies supporting renewable offshore installations…

ADNOC Drilling to Buy Stake in MB Petroleum Services, Further Expanding in the Gulf

Nov 05, 2025

ADNOC Drilling said on Wednesday it would buy an 80% stake in regional drilling and oilfield services provider MB Petroleum Services for an enterprise value of $204 million (749 million dirhams), marking a further expansion in the Gulf.The deal…

Current News

Shell to Take 30% Stake in Equinor's Bay du Nord Project off Canada

Shell to Take 30% Stake in Equ

Transocean Adds $1.1B to Offshore Drilling Backlog

Transocean Adds $1.1B to Offsh

Gennaker Offshore Substations Depart for Baltic Sea Installation (Video)

Gennaker Offshore Substations

Valeura Starts Wassana Platform Installation Offshore Thailand

Valeura Starts Wassana Platfor

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