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bp acquires interest in three Namibian exploration blocks

Tuesday, April 14 2026

Fossil Energy – Namibia

bp has agreed to acquire a 60% interest in three offshore exploration blocks in Namibia from Eco Atlantic Oil & Gas as part of bp’s strategy to grow its upstream portfolio.

[Read more…] about bp acquires interest in three Namibian exploration blocks

Filed Under: Acquisition, BP, Exploration, International News, Namibia Tagged With: acquisition, BP, Eco Atlantic, exploration, Namibia

Interest restore in Tartaruga Verde field and Module III of Espadarte field

Monday, April 13 2026

General – Acquisition

Petrobras announces that it signed contracts with Petronas Petróleo Brasil for the acquisition of 50% interests in the Tartaruga Verde and Espadarte – Module III fields.

[Read more…] about Interest restore in Tartaruga Verde field and Module III of Espadarte field

Filed Under: Acquisition, Brazil, Campos Basin, International projects, Petrobras, Petronas Tagged With: acquisition, Brazil, Campos Basin, Espadarta, Petrobras, petronas, Tartaruga Verde

Saltchuk welcomes Great Lakes Dredge & Dock

Monday, April 6 2026

General – Dredging

Saltchuk recently welcomed Great Lakes Dredge & Dock Corporation as its newest wholly owned subsidiary.

[Read more…] about Saltchuk welcomes Great Lakes Dredge & Dock

Filed Under: Acquisition, Dredging, Great Lakes, International projects, Saltchuck Tagged With: acquisition, dredging, Great Lakes, Saltchuck

Serica acquires interest in Greater Laggan Area

Wednesday, April 1 2026

General – Acquisition

Serica Energy acquired a 40% operated interest in the Greater Laggan Area (GLA) and associated infrastructure from TotalEnergies, along with operated license interests in four near-field exploration blocks on the UK Continental Shelf.

[Read more…] about Serica acquires interest in Greater Laggan Area

Filed Under: Acquisition, exploitation rights, Exploration, International projects, Serica Energy, TotalEnergies Tagged With: acquisition, exploration blocks, Greater Laggan Area, licenses, Serica Enery, TotalEnergies

Borr Drilling JV to acquire Fontis Energy jackups

Wednesday, March 25 2026

General – Acquisition

Borr Drilling has entered into definitive agreements to acquire five jackups from Paratus Energy Services indirect subsidiary Fontis Finance for a purchase price of $287 million.

[Read more…] about Borr Drilling JV to acquire Fontis Energy jackups

Filed Under: Acquisition, Borr Drilling, International News, Jack up Tagged With: acquisition, Borr Drilling, Fontis Energy, jack up, Paratus Energy

First major investment in West Africa for Energean

Thursday, March 12 2026

Fossil Energy – Acquisition

Energean has signed an agreement to acquire Chevron’s interests in Block 14 and Block 14K offshore Angola.

[Read more…] about First major investment in West Africa for Energean

Filed Under: Acquisition, Angola, Chevron, Energean, International projects Tagged With: acquisition, angola, chevron, Energean

Viking Supply Ships acquires AHTS from Kistefos

Thursday, March 12 2026

General – AHTS

Viking Supply Ships entered into an agreement to acquire the anchor handling tug supply (AHTS) vessel Maersk Maker from Kistefos on March 11.

[Read more…] about Viking Supply Ships acquires AHTS from Kistefos

Filed Under: Acquisition, AHTS, International projects, Viking Supply Tagged With: acquisition, ahts, Kistefos, Viking Supply Ships

Navitas acquires 65% stake in North Falklands oil license

Wednesday, March 11 2026

General – Acquisition

Navitas Petroleum LP has signed a definitive farm-in agreement to acquire a 65% working interest in the PL001 North Falkland’s Basin licence from JHI Associates.

[Read more…] about Navitas acquires 65% stake in North Falklands oil license

Filed Under: Acquisition, Eco Atlantic, framework agreement, International projects, Licenses, Navitas Tagged With: acquisition, Eco Atlantic, Framework agreement, JHI Associated, licence, Navitas, North Falkland's Basin, Oil and Gas

Deep Value Driller decides not to finalize agreement with Saipem

Thursday, February 26 2026

General – Sale

Saipem’s planned acquisition of the drillship Deep Value Driller has been called off, as owner Deep Value Driller has now entered into a binding agreement to sell the 7th generation rig to Eldorado Drilling for $300 million.

[Read more…] about Deep Value Driller decides not to finalize agreement with Saipem

Filed Under: Acquisition, Deep Value Driller, International projects, Saipem, sale Tagged With: acquisition, Deep Value Driller, Eldorado Drilling, saipem, Sale

Tidewater announces all-cash acquisition of Wilson Sons UltraTug 

Wednesday, February 25 2026

General – Acquisition

On 22 February 2026, Tidewater acquired Wilson Sons Ultratug and Atlantic Offshore Services in an all-cash deal valued at approximately $500 million, including the assumption of roughly $261 million in debt.

[Read more…] about Tidewater announces all-cash acquisition of Wilson Sons UltraTug 

Filed Under: Acquisition, Brazil, International projects, PSV, Tidewater, Tugs Tagged With: acquisition, Brazil, PSVs, Tidewater, tugs, Wilson Sons

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