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South Korean firm buys into Indonesian offshore oil block

Saturday, December 27 2025

Fossil Energy – Acquisition

SK Earthon, the energy resource development unit of SK Innovation, has acquired a 34% stake in the North Ketapang exploration block offshore Indonesia, expanding its upstream presence in Southeast Asia.

[Read more…] about South Korean firm buys into Indonesian offshore oil block

Filed Under: Acquisition, exploratory drilling, Indonesia, International News, SK Earthon Tagged With: acquisition, exploration block, exploration drilling, Indonesia, North Ketapang, SK Earthon

CB&I announces acquisition of Petrofac’s asset solutions business

Wednesday, December 24 2025

General – Acquisition

CB&I today announced that it has entered into a sale agreement to acquire Petrofac’s Asset Solutions business.

[Read more…] about CB&I announces acquisition of Petrofac’s asset solutions business

Filed Under: Acquisition, Asset portfolio, International projects, Petrofac Tagged With: acquisition, assets, CB&I, Petrofac

Strategic acquisition of LLOG Exploration Company

Monday, December 22 2025

General – Acquisition

Harbour Energy announced a transformational acquisition of LLOG Exploration in the US.

[Read more…] about Strategic acquisition of LLOG Exploration Company

Filed Under: Acquisition, Harbour Energy, International News, LLOG Exploration Tagged With: acquisition, Harbour Energy, LLOG Exploration, USA

Serica buys Spirit’s North Sea gas assets for $74m

Friday, December 19 2025

Fossil Energy – Acquisition

Britain’s Serica Energy has agreed to acquire a portfolio of Southern North Sea gas assets from Spirit Energy and its affiliates for $74 million, strengthening its UK upstream position and increasing reserves and production.

[Read more…] about Serica buys Spirit’s North Sea gas assets for $74m

Filed Under: Acquisition, Cygnus, International News, Serica Energy, Spirit Energy Tagged With: acquisition, Cygnus Field, north sea, Serica Energy, Spirit Energy

Cathay Life Insurance signs landmark investment

Wednesday, December 17 2025

Wind Energy – Finance

Ørsted has signed an agreement with Cathay Life Insurance, the leading insurance company in Taiwan, and its affiliate Cathay Wind Power Holdings Co., under which Cathay Life Insurance will acquire a 50 % ownership share of Ørsted’s 583 MW Greater Changhua 4 Offshore Wind Farm, with Ørsted retaining a 50 % share.

[Read more…] about Cathay Life Insurance signs landmark investment

Filed Under: Acquisition, Cathay Life Insurance, Greater Changhua, International News, Orsted, Share purchase, shareholder Tagged With: acquisition, Cathay Life Insurance, Greater Changua, Orsted, shares, taiwan

ESVAGT purchases two SOVs on long-term windfarm contracts

Wednesday, December 17 2025

General – SOV Purchase

ESVAGT has completed the acquisition of the Service Operation Vessels (SOVs) ‘Breeze Enabler’ and ‘Brint Enabler’ from Edda Wind through a 100% share purchase agreement of the two Spanish vessel owning entities.

[Read more…] about ESVAGT purchases two SOVs on long-term windfarm contracts

Filed Under: Acquisition, Edda Wind, Esvagt, International News, SOV Tagged With: acquisition, Edda Wind, Esvagt, purchase, SOV

Strategic entry offshore Angola for BW Energy

Saturday, December 13 2025

Fossil Energy – Acquisition

BW Energy has signed an agreement to acquire a combined 20% non-operated interest in Block 14 and 10% in Block 14K offshore Angola from Azule Energy.

[Read more…] about Strategic entry offshore Angola for BW Energy

Filed Under: Acquisition, Angola, Azule Energy, BW Energy, International projects Tagged With: acquisition, angola, Azule Energy, BW Energy, interest

UK North Sea acquisition

Saturday, December 13 2025

General – Waldorf Energy

Harbour Energy announces that it has agreed to acquire all the subsidiaries of Waldorf Energy Partners and Waldorf Production, currently in administration, for $170 million.

[Read more…] about UK North Sea acquisition

Filed Under: Acquisition, Harbour Energy, International projects, Waldorf Tagged With: acquisition, Harbour Energy, Waldorf Energy

Zamil Offshore buys Remoy Shipping

Friday, December 12 2025

General – Acquisition

Saudi Zamil Offshore Services (ZOSCO) has agreed with Remoy Group to buy Remoy Shipping as it expands to Norway.

[Read more…] about Zamil Offshore buys Remoy Shipping

Filed Under: Acquisition, International News Tagged With: acquisition, Remoy Group, Zamil Offshore

Borr Drilling expands fleet with five Noble rigs

Thursday, December 11 2025

General – Drilling Rigs

Borr Drilling has signed a US$360 million agreement to acquire five jack-up rigs from Noble Corp, while preparing to raise roughly US$85 million through a public offering of 21 million shares.

[Read more…] about Borr Drilling expands fleet with five Noble rigs

Filed Under: Acquisition, Borr Drilling, Drilling, drilling rig, drilling services, International projects, Noble Tagged With: acquisition, Borr Drilling, drilling, Noble Corp, rigs

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