Ensign Energy Acquires Citadel Drilling, Expands Permian Basin Footprint
Ensign Energy Services has closed its $65 million acquisition of Citadel Drilling, significantly boosting its high-spec rig fleet in the U.S. Permian Basin
Market-moving news and intelligence across global energy markets.
Ensign Energy Services has closed its $65 million acquisition of Citadel Drilling, significantly boosting its high-spec rig fleet in the U.S. Permian Basin
Ecopetrol has acquired a 51% controlling stake in Brazilian oil and gas firm Brava Energia for R$5.57 billion, marking a significant move in Latin American
Bonterra Energy acquired a private company for $4.6 million, increasing its working interest in the Bonanza Charlie Lake area to 100% and optimizing future
Williams Cos. strengthens its Gulf Coast natural gas infrastructure by acquiring Momentum Midstream for $5.5 billion, enhancing LNG and power supply.
TotalEnergies expands its European renewables portfolio by acquiring Shell's onshore assets and optimizes capital through a 50% stake sale to KKR.
Magnolia Oil & Gas will acquire WildFire Energy for $4.06 billion, significantly expanding its South Texas acreage in the Eagle Ford/Austin Chalk trend.
Vår Energi's acquisition of BlueNord will establish Europe's largest independent oil and gas producer, expanding its North Sea footprint and enhancing Euro
Louisiana's energy sector recorded over $10 billion in M&A activity, driven by Mitsubishi's $7.5B Haynesville acquisition and Shell's $1.7B Gulf of Mexico
Two major oil and gas M&A deals totaling $4.39 billion closed, with Magnolia acquiring WildFire Energy in US shale and Var Energi buying Braanoes in the No
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