acquisitions and divestitures
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The transaction is expected to strengthen the company's position in Alberta’s oil sands and unlock annual synergies of $54 million. -
Merger unites two Appalachian leaders and adds decades of drilling inventory.
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With $9.6 billion in assets in the market, the focus is shifting from who is exiting Southeast Asia to who is positioning for entry through acquisition, according to Rystad Energy.
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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.
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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.
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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.
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The transaction broadens the company's North Sea footprint with long-life assets that boost production and reserves.
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The London-based supermajor is stepping back from startup investing as it seeks to focus capital on its oil and gas business.
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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.
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Weatherford CEO Girish K. Saligram said the acquisition will bolster Weatherford’s completions offerings and unconventional reservoir capabilities.
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