Energy mergers, acquisitions, divestitures, and asset transactions impacting the oil and gas industry.
Energy M&A Sep 18, 2026
UN mission finds evidence signaling U.S. war crimes in Iran; Washington rejects report
The UN mission pointed out the missile strike on a primary school that killed over 150 people, as well as another airstrike which killed 22 civilians.
MOL, Japanese Partners Obtain AiP for Liquid CO2 Carrier
A Tokyo-based classification society granted Mitsui OSK Lines and several other Japanese companies approval-in-principle for a low-pressure vessel for transporting liquefied carbon dioxide emissions.
Zupt deploys 3D subsea inspection technology for U.S. Gulf campaign
Zupt is deploying its 3D Recon V2 imaging system for a U.S. Gulf inspection campaign, using high-resolution 3D models to support subsea asset integrity assessments.
Asia Pacific CCUS market could reach $255 billion by 2035, Xodus says
Xodus estimates the Asia Pacific CCUS market could reach £187.8 billion by 2035 as countries advance carbon capture, cross-border CO₂ transport and geological storage projects.
CoreMarine acquires BravOcean, expands Brazil subsea operations
CoreMarine has acquired Brazil-based BravOcean, adding local subsea installation and project management capabilities as it expands in Brazil’s offshore and deepwater market.
Pipetech expands Norwegian North Sea operations with new Sandnes facility
Denholm Pipetech has opened a new facility in Sandnes and invested more than NOK 6 million in equipment and upgrades as it expands its flow remediation business across the Norwegian Continental Shelf.
California Resources to sell Uinta basin assets for $90 million
California Resources has agreed to sell its Uinta basin assets for approximately $90 million, divesting non-core properties acquired through the Berry merger as it focuses its portfolio on California.
Saudi Pipeline Outage Exposes Limits of Supply Optionality
The damage to Saudi Arabia's East-West pipeline 'exposes [the] limits of supply optionality', Emily Ashford, Standard Chartered Bank Energy Research Head, outlined.
'The acquisition marks SOCAR's entry into Africa's upstream sector and underscores the company's long-term strategy to expand its global upstream footprint', the State Oil Company of the Azerbaijani Republic said.
Trump gains a tariff weapon against China and India. Will he use it?
U.S. House has paved the way for a legislation that will allow Trump to impose up to 100% tariffs on countries buying Russian oil, giving him leverage against India and China.
India Pushes Back as US Readies New Russian Oil Sanctions
India warned a U.S. bill allowing President Donald Trump to impose tariffs of as much as 100 percent on top buyers of Russian oil could hurt ties between New Delhi and Washington and disrupt global energy markets.