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03 Nov 25
US: SM Energy and Civitas Resources to combine in $12.8 billion transformational combination delivering superior stockholder value
SM Energy and Civitas Resources have entered into a definitive merger agreement involving an all-stock transaction.The combined company's enterprise value of approximately $12.8 billion is inclusive of each company's net debt.
03 Nov 25
Brazil: Allseas awarded Atapu-2 subsea contract by Petrobras
Petrobras has contracted Allseas to deliver a rigid riser-based subsea solution for the ultra-deepwater Ataptu-2 pre-salt field development, 230 kms offshore Rio de Janeiro, Brazil.
03 Nov 25
US: Shell withdraws from Atlantic Shores Offshore Wind, assigning its membership interest to existing joint venture partner, EDF power solutions
Shell New Energies US, a subsidiary of Shell, has voluntarily withdrawn from Atlantic Shores Offshore Wind, LLC (Atlantic Shores), assigning its 50% outstanding membership interests to existing joint venture partner, EDF-RE Offshore Development, LLC (EDF power solutions), with an immediate effective date.
03 Nov 25
US: Meren begins trading on OTCQX Best Market in the United States
Meren Energy, a full-cycle Independent upstream oil and gas company with interests offshore Nigeria, Namibia, South Africa and Equatorial Guinea, has announced that its common shares have qualified to trade on the OTCQX Best Market in the United States.
03 Nov 25
US: Buccaneer Energy announces spud of Allar-1
AIM-listed Buccaneer Energy, an international oil & gas exploration and production company with development and production assets in Texas, USA, has announced the spud of the Allar-1 well (32.5% WI) in the Fouke area of the Pine Mills Field.
03 Nov 25
Buccaneer Energy announces completion of £500,000 fundraise
AIM-listed Buccaneer Energy, the international oil & gas exploration and production company with development and production assets in Texas, USA, has announced a successful fundraise to further evaluate and progress a bitcoin mining operation as part of its planned Fouke area development programme.
03 Nov 25
DOF Group announces contract extensions for Skandi Nomad and Skandi Constructor
DOF Group has announced that the contracts of Skandi Nomad and Skandi Constructor, both operating in Guyana, have been extended by one year each. Following the extensions, Skandi Nomad is contracted until Q4-2026 and Skandi Constructor until Q2-2027.
03 Nov 25
Cenovus announces third-quarter 2025 results
Cenovus Energy has announced its third-quarter 2025 financial and operating results. The company generated approx. $2.1 billion in cash from operating activities, $2.5 billion of adjusted funds flow and $1.3 billion of free funds flow. Operating results in the quarter included record Upstream production of 832,900 barrels of oil equivalent per day (BOE/d)
03 Nov 25
Brazil: Vallourec wins a major deep water integrated contract with TechnipFMC in Brazil
Vallourec, a world leader in premium seamless tubular solutions, announces that it has secured a contract with TechnipFMC to supply line pipes for the Orca project (formerly known as Gato do Mato), a major deepwater development located in the Santos Basin. Basin (Brazil), operated by Shell Brasil. T
03 Nov 25
US: Wood completes sale of North America T&D to Qualus
Wood has completed the sale of its North American Transmission & Distribution engineering business ('North America T&D') to Qualus and 2737813 ALBERTA (together, Qualus) for an enterprise value of $110 million and cash proceeds of approx. $105 million net of transaction costs.



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