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03 Sep 26
Canada: Shell completes acquisition of ARC Resources
Shell has completed the previously announced agreement to acquire ARC Resources, an energy company focused in British Columbia and Alberta, Canada. The acquisition accelerates Shell's strategy by adding approx. 370 kboe/d immediately across liquids and gas, supporting a production compound annual growth rate (CAGR) of around 4% through to 2030 compared with 2025.
03 Sep 26
US: Diversified announces accretive acquisition of Birch
Diversified Energy Company has announced the execution of definitive acquisition agreements to acquire Birch Permian Holdings, Inc. and certain affiliated companies, a leading independent oil and gas producer with operations in the Permian Basin, from affiliates of Elliott Investment Management L.P.
02 Sep 26
Brazil/Gulf of America: bp welcomes Shell into exploration prospects in Brazil and Gulf of America
bp and Shell have agreed terms for Shell to acquire a 50% stake in the Tupinambá exploration block in the Santos Basin, offshore Brazil, in addition to a 30% stake in five leases containing the Conifer exploration prospect in the deepwater Gulf of America Paleogene.
02 Sep 26
Venezuela: Eni signs strategic contract in Venezuela and becomes Operator of the super giant Junín-5 oil field
Eni and PDVSA signed the 'Contrato de Participación Productiva de Hidrocarburos' (CPPH) relating to the development of the Junín 5 giant oil field, located onshore in the Orinoco Belt. The CPPH, which has a duration of 25 years with the possibility of extension, grants Eni the role of exclusive Operator of the Junín 5 area, with full responsibility for the technical, financial and commercial management of the project. Junín 5 is a heavy oil field containing 35 billion barrels of certified oil in place.
02 Sep 26
Chile: CVC DIF completes acquisition of Gabriela project
CVC DIF, the infrastructure business of leading global private markets manager CVC, has completed the acquisition of the Gabriela project, a utility-scale hybrid PV-BESS energy project located in Northern Chile, from Grenergy, a Spanish multinational clean energy producer.
02 Sep 26
US: Santos achieves significant milestone at Pikka oil project, advancing ramp-up to plateau production
Santos today announced the successful commencement of seawater injection at the Nanushuk Drillsite-B (NDB) of the Pikka oil project on Alaska’s North Slope. Seawater injection provides pressure support to the reservoir, a key enabler of the production ramp-up targeting plateau production of approx. 80,000 barrels of oil per day (gross) at the end of the third quarter of 2026.
02 Sep 26
US: Fervo Energy and Google sign 396 MW PPA
Fervo Energy, a global pioneer of next-generation geothermal energy, has announced a 396-megawatt (MW) power purchase agreement (PPA) with Google to enable the continued development of the Cape Station enhanced geothermal systems (EGS) GeoCluster, expected to come online in 2028.
02 Sep 26
US: Subsea7 awarded contract offshore US
Subsea7 thas announced a sizeable contract award from LLOG Exploration Company LLC (a subsidiary of Harbour Energy) for the Who Dat East development in the US Gulf. The project is located in lease MC 509-1, at a water depth of approx. 1,300 metres.
01 Sep 26
Uruguay: Eni strengthens and expands its presence in Uruguay’s offshore sector
Eni has signed, together with MIWEN (a wholly owned subsidiary of YPF) and the Uruguayan National Oil Company ANCAP, the official agreement for the entry in the OFF-5 exploration block offshore Uruguay, following approval by the Uruguayan authorities.
01 Sep 26
US: Blue Star Helium extends Helium offtake agreement through Q1 2027
With a fourth trailer delivered and the fifth being filled, Bue Star and its current offtake partner have agreed to extend their offtake agreement through Q1 27. The extended Agreement continues to cover all helium produced at the Pinon Canyon Plant.



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