Acquisitions and Divestitures (A&D)

SBM Offshore Divests 45% Stake in FSO Unit for Mexico’s First Deepwater Development

The Gold Star semisubmersible rig is operated by Constellation Oil Services offshore Brazil. The company recently awarded Weatherford two contracts to support offshore operations in Brazil. ( — Woodside is aiming for the Trion Development to reach its first oil production goal of 2028. (Constellation Oil Services)

June 10, 2026 02:54 PM CDT

Featured Stories

Structural Shift Ahead to Bust Natural Gas Prices Out of Doldrums

U.S. natural gas prices remain subdued, but rising LNG exports, power burn and data‑center demand could push values into the $4.50–$5/MMBtu range.

Michelle Thompson

Chevron CEO: Oil Market Running on Borrowed Time as Safety Cushions Shrink

VIDEO EXCLUSIVE

Crain: ABS Could Be the Financing Solution for Mature Wells

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Hart Energy Staff

Energy Market Transactions

ERock CEO: Speed to Power is Top Priority as IPO Raises $600MM

Michelle Thompson