mergers and acquisitions

The third quarter has so far not seen any mergers and acquisitions in the shale business that top $1 billion.

With a boom in offshore wind construction expected to start in 2025, Subsea 7 is dealing now to grab a larger share of this burgeoning sector.

The deal adds 16 super-spec land rigs to Patterson UTI’s domestic fleet and will result in the sale of Pioneer’s well service business.

As the COVID-19 pandemic subsides in most parts of the world, it is time for our ship to leave port. As we pull up our anchor, we must accept that there are risks out there, but we must get back to the task of exploration and production to improve lives, mitigate poverty, and provide the energy to enable a modern global society.

The Houston-based oil and gas producer says the latest transaction moves its divestment sum past $9 billion.

Tourmaline Oil Corp. said it has agreed to buy smaller Canadian producer Black Swan Energy.

The producers operate conventional and unconventional assets across the US Lower 48 and produced a combined 111,000 BOE/D in the first quarter of 2021.

The all-stock transaction is expected to bolster the newly created operator's production profile to around 160,000 BOE/D.

The deal is expected to bolster Southwestern's annual production to more than 4 Bcf/D.

Pembina and Kinder Morgan both add substantial infrastructure in separate deals valued at a combined $8 billion.