Mergers, Acquisitions, and Divestitures impacting the world energy market
(Bloomberg) – U.S. regulators will allow Chevron to move forward with its $53 billion acquisition of Hess but are barring Chief Executive Officer John Hess from joining the supermajor’s board, saying he improperly communicated with […]
TotalEnergies said the acquisition of these low cost and long plateau assets further strengthens its integration across the gas value chain in the US. This is the company’s second acquisition of non-operated shale gas assets […]
Validus Energy, a privately held oil and gas producer in the US, has agreed to acquire Citizen Energy for more than $2bn, including debt, Reuters reported, citing people familiar with the matter. This move comes amid a […]
Shell is divesting from its downstream operations in South Africa, attracting interest from major oil traders and national oil companies. Saudi Aramco, ADNOC, Trafigura, and other major players are in the race to acquire Shell’s […]
Bluefield Solar has finalised the sale of a 50% share in its 112MW solar portfolio to GLIL, an alliance of UK pension funds, marking the completion of phase two of their partnership. The deal is […]
Offshore drilling giant Noble Corporation has completed the acquisition of US offshore rig owner Diamond Drilling, after getting the final permit earlier this week. Noble said that the transaction, valued at around $2.1bn, enhances its […]
HOUSTON, Sep. 04 /BusinessWire/ — Crescent Energy Company (NYSE:CRGY) (“Crescent” or the “Company”) today announced the signing of a definitive agreement to acquire assets from a private Eagle Ford operator for total cash consideration of […]
Offshore driller Transocean has entered into agreements with a third party to sell two of its rigs for a total of $342m. The two rigs in question are the Development Driller III and the Discoverer […]
Acquisitions Add High-Quality Assets that are Expected to Generate Attractive Returns DALLAS, Aug. 27 /BusinessWire/ — Texas Pacific Land Corporation (NYSE:TPL) (the “Company” or “TPL”) today announced the closing of two acquisitions for oil and […]
Nigerian regulators said they expect to formally consent to Exxon Mobil Corp.’s sale of its oil and gas assets to Seplat Energy Plc within four months, ending a hiatus that has stalled the conclusion of a transaction that […]
Copyright © 2026 | Sandstone Group