Market Prices
WTI Oil $92.60 +0.19 Natural Gas $3.00 −0.20 Brent Oil $105.28 +0.96
Settlement Sep 28, 2026
LMJ Land Services

Energy M&A

Energy mergers, acquisitions, divestitures, and asset transactions impacting the oil and gas industry.

bp awards Halliburton drilling services contract for Bumerangue appraisal

bp has awarded Halliburton an integrated drilling services contract for the first appraisal campaign at its Bumerangue deepwater discovery offshore Brazil, including reservoir evaluation, automation and remote operations.  

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Strike Averted as Norway Helicopter Workers Agree New Pay Terms

Dozens of workers manning airlift for the Norwegian oil and gas industry agreed new compensation and benefits terms with the Federation of Norwegian Aviation Industries.  

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Ukraine Attacks Oil Refinery, Gas Plant in Russia

Ukraine said it attacked an oil refinery and a gas-processing plant in Russia overnight.  

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Navitas Petroleum to Acquire 2nd Production Vessel for Sea Lion Project

The Israeli company signed an agreement to acquire a vessel that will be retrofitted to serve as a second floating production, storage and offloading platform for the under-construction Sea Lion oil development in the Falkland Islands.  

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Oil drops 3% to 12-day low as Iran claims two-year plan to cope with Washington’s ‘economic D-Day’

 Investors shrugged off the latest developments in the U.S.-Iran war. ​   

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Texas Upstream Employment Drops in July

Although Texas upstream employment declined in July, job postings reflect a 'continued demand for talent', TIPRO said.  

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Equinor, Aker BP, Var Energi to Jointly Pursue Bigger NCS Opportunities

The Norwegian trio announced a collaboration to explore the largest remaining reserves in the country's waters to sustain production as existing developments become depleted.  

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Analysts Examine Latest USA Measures Against Iran

Analysts at Rystad Energy and Skandinaviska Enskilda Banken AB have examined the U.S. administration's latest measures against Iran.  

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Asian Refiners Scoop Up US Crude

Asian refiners are on course to nearly double their purchases of U.S. crude for September from a month earlier, a move that stands to squeeze domestic fuel makers at a time when Americans are already facing record high pump prices.  

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Equinor awards Emerson 13-year measurement technology agreement

Equinor has selected Emerson to provide measurement instrumentation and services across its global onshore and offshore operations under a frame agreement spanning up to 13 years, including options.  

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Oil Retreats While Iran Pressure Builds

Crude prices declined as traders weighed new US sanctions pressure on Tehran.  

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Sinopec Says China Oil Demand 'Very Likely' Peaked in 2025

China's oil demand probably peaked last year, earlier than previous estimates, according to the head of the nation's top refiner.  

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Trump’s oil and gas stocks gained up to $15.5 million amid Iran war, congressional Democrats say

 Trump’s stock trading could face heightened congressional scrutiny if Democrats retake either chamber in the midterms. ​   

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Construction of Thames Electricity Tunnel Reaches Midway Point

Tunneling for the 2.2-kilometer Grain to Tilbury high-voltage cable tunnel beneath southern England's primary river surpassed the halfway point.  

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Santos, Gladstone LNG Partners to Acquire Source Fields

The acquisition of the Greater Meridian CSG project 'converts a long-standing contracted supply relationship into GLNG equity production, consistent with Santos' strategy to backfill and sustain GLNG with owned production', Santos said.  

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Texas Oil Regulator Elects New Chairman

'I am deeply honored', said the RRC's new Chairman.  

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Comet Ridge acquires Santos stake, takes 100% control of Mahalo Gas Hub

Comet Ridge has completed its acquisition of Santos’ 42.86% interest in the Mahalo Gas Project, giving it 100% ownership and operatorship of the broader 1,850-sq-km Mahalo Gas Hub as it advances toward FID.  

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CB&I wins three-year FPSO operations contract offshore Côte d’Ivoire

CB&I Asset Solutions has secured a three-year contract to operate and maintain an FPSO offshore Côte d’Ivoire, an award the company classifies at between $50 million and $100 million.  

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ADNOC awards McDermott $1 billion-plus EPCI contract for Umm Shaif field

ADNOC has awarded McDermott a contract valued at more than $1 billion for Package 4 of the Umm Shaif development, covering a new offshore pressure boosting facility designed to increase gas recovery and production.  

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SLB launches ExaCT platform for electrically controlled well interventions

SLB has launched its ExaCT electrical control system for coiled tubing interventions, with field testing showing a roughly 175-hour reduction in intervention time during one six-lateral well operation.  

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