mergers and acquisitions

The acquisition expands Talos' footprint in the deep GOM, giving it ownership stakes in key infrastructure.

The Sydney-based company announced it will also seek to exit all of its upstream permits with the exception of its major LNG joint venture.

ExxonMobil and Shell announced on 1 September that they have agreed to divest their 25-year-old joint venture Aera Energy. The California-based subsidiary reported an average production rate of almost 95,000 BOE/D in 2021, representing nearly a quarter of the state's total oil and gas output.

The Oklahoma City-based tight-oil producer has agreed to acquire Validus Energy.

For those with an oil company to sell, an oil price of $100/bbl is not what it used to be.

Another day, another deal for ProFrac.

The Internet of Things company plans to broaden its reach into the oil and gas industry with its acquisition of Hiber.

Upon closing, the newly combined oil company will boast 135,000 BOE/D and hold around 15 years’ worth of drilling locations in the Permian Basin.

The deal grows the marine energy services company’s shallow-water GOM fleet by more than 30 vessels.

The combined company will get a new name and a new focus on offshore renewables and other clean energy projects.