acquisitions and divestitures

Talos Energy founder Tim Duncan has been named executive chairman of newly formed 1947 Oil & Gas, which will focus on acquiring and developing mature, shallow-water assets through its buyout of Renaissance Offshore. The deal is expected to close in Q2 2026.

The companies also agreed to collaborate on new AI models to unlock further insights from S&P Global Energy’s upstream data.

After tracking ARC Resources for more than 2 years, Shell is buying the company to access its tier-one Montney assets.

The deal includes Waygate’s inspection portfolios and is expected to close later this year.

The purchase includes approximately 260 producing wells and expands Caturus’ footprint in the Eagle Ford and Austin Chalk.

The deal positions the merged company to benefit from an expected offshore drilling upcycle.

The $1.3-billion deal targets DJ Basin assets producing 35,000 BOEPD, and Japex aims to increase that output to 50,000 BOEPD around 2030.

Contractor realizes big gains on divestment of business unit owned less than a year.

BlackRock’s Global Infrastructure Partners moves to buy nearly half of the stake in Eni's CCUS subsidiary.

Japan’s largest power generator is focused on sourcing Haynesville natural gas production for Gulf Coast export as LNG.