acquisitions and divestitures

The sale of Woodside’s Calypso stake to BP completes the company’s withdrawal from Trinidad and Tobago after decades of operations in the country.

Williams' acquisition of Momentum Midstream creates a larger, more connected Gulf Coast gas network capable of meeting surging demand from LNG export facilities, power generators, and industrial users.

Hungary’s MOL Group captures a major project within the EU and its largest upstream opportunity since it farmed into in Azerbaijan’s ACG offshore field.

The transaction broadens the company's North Sea footprint with long-life assets that boost production and reserves.

The London-based supermajor is stepping back from startup investing as it seeks to focus capital on its oil and gas business.

Schneider Electric says the deal advances its vision of creating intelligent industrial ecosystems that connect physical assets with digital insights across the asset life cycle.

Weatherford CEO Girish K. Saligram said the acquisition will bolster Weatherford’s completions offerings and unconventional reservoir capabilities.

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.