Mergers & Acquisitions News


BW Energy’s Planned Angola Entry Challenged by Pre-Emption Rights

Feb 06, 2026

BW Energy has informed that one of the existing joint venture partners in Angola's offshore blocks 14 and 14K has indicated its intention to exercise pre-emption rights in relation to the previously announced acquisition agreement.BW Energy…

TotalEnergies Secures Operated Interest in Namibia’s Offshore License

Feb 06, 2026

TotalEnergies has signed agreements to acquire a 42.5% operated interest in the PEL104 exploration license offshore Namibia from Eight Offshore Investments Holdings and Maravilla Oil & Gas.Following completion of the transaction, TotalEnergies will become operator of the licence with a 42…

Germany Acquires Minority Stake in TenneT for $3.9B

Feb 04, 2026

Germany has agreed to buy 25.1% of Dutch grid operator TenneT's German division for 3.3 billion euros ($3.9 billion), it said on Tuesday, in a long-planned move to tighten Berlin's control over critical energy infrastructure.The deal marks a…

Shell Sells 20% Stake in Brazil’s Orca Deepwater Project to Kuwaiti Firm

Feb 03, 2026

Shell Brasil Petróleo, a subsidiary of Shell, has agreed to sell a 20% interest in the Orca deepwater project offshore Brazil to Kuwait Foreign Petroleum Exploration Company (KUFPEC).Orca, formerly known as Gato do Mator, is a deepwater development located in the pre-salt area of the Santos Basin…

Seatrium Wraps Up AmFELS Yard Sale

Feb 03, 2026

Seatrium has completed divested its AmFELS Yard located at Brownsville in Texas to Karpower Valley, a related party of Karpowership.The divestment, first announced in September 2025 and completed on January 30, 2026, will allow Seatrium to enhance capital and operational efficiencies…

Russia’s Lukoil Agrees to Sell Foreign Assets to US’ Carlyle Group

Jan 29, 2026

Lukoil had agreed to sell most of its foreign assets, estimated to be worth around $22 billion, to U.S. private equity firm Carlyle Group pending approval from the U.S. government, Russia's No. 2 oil producer said on Thursday.Under U.S. sanctions because of Russia's actions in Ukraine…

RWE Divests Swedish Wind Portfolio in Deal with Nordic Player Aneo

Jan 23, 2026

Germany’s RWE and Nordic renewables company Aneo have signed a transaction agreement for the sale of RWE’s Swedish wind activities, including its operational Karehamn offshore wind farm, as the utility refocuses on markets offering large-scale renewable growth…

AD Ports Strengthens Offshore Wind Push with Spanish Shipyard Acquisition

Jan 21, 2026

Abu Dhabi Ports Group, via its subsidiary SAFEEN Drydocks, has acquired full ownership of Balenciaga Astilleros Shipyard in Spain for a total consideration of $13.1 million, consolidating the group’s operations in Spain and the Mediterranean and supporting its expansion in the offshore wind sector…

Brava Energia to Buy Petronas Stake in Campos Basin Assets for $450M

Jan 16, 2026

Brazil’s Brava Energia has signed an agreement to acquire Petronas’ 50% equity interest in the Tartaruga Verde field and in Module III of the Espadarte field in the Campos Basin, in a transaction valued at $450 million.The assets are located…

Navitas Eyes More North Falklands Exploration Acreage after Sea Lion FID

Jan 12, 2026

Navitas Petroleum has signed a non-binding agreement to farm into an offshore exploration license in the North Falklands Basin adjacent to its recently sanctioned Sea Lion oil development, as the operator advances plans to expand its footprint in the region…

Vantris Energy Sells Heavy-Lift Vessel Interest to Larsen & Toubro

Jan 12, 2026

Vantris Energy, formerly known as Sapura Energy, has divested its 40% equity stake in L&T-Sapura Shipping to joint-venture partner Larsen & Toubro for total consideration of about $30.5 million, as part of a broader portfolio optimization strategy…

Trelleborg Acquires Nexus Elastomer Molds GmbH

Jan 07, 2026

Trelleborg Group, through its business area Trelleborg Sealing Solutions, has signed an agreement and finalized the acquisition of the Austrian company Nexus Elastomer Molds GmbH. The company provides advanced, customized tooling solutions and automated manufacturing cells…

Ecomer Merges with Enag, Becomes Francbord

Jan 07, 2026

Francbord, a new Breton industrial group resulting from the evolution of the Ecomer group, announced its merger with the SME Enag, strengthening the group's position as a supplier of technological solutions dedicated to the maritime sector and industry…

Ørsted Closes $6B Hornsea 3 Offshore Wind Deal with Apollo

Dec 30, 2025

Ørsted has completed the divestment of a 50% stake in its 2.9 GW Hornsea 3 offshore wind project in the U.K. to funds managed by Apollo, closing a transaction first announced in November.The deal forms part of Ørsted’s broader funding plan and partnership strategy…

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