ExxonMobil announced that it acquired more than 1.7 million acres for exploration offshore operations in Egypt and the operations are scheduled to begin in 2020.

Subsea 7 announced in a statement published on October 3, 2019 that it has acquired 4Subsea, a leading provider of technology and services.

TAQA plans two acquisitions in North America of companies working in the areas of oilfield services technology and manufacturing, by the end of the year.

Spanish gas grid operator Enagas announces increasing its stakes in two regasification plants in Spain and in Chile.

Analysts Sanford C. Bernstein & Co. have predicted a rise in mergers and acquisitions over the coming year, with a possible recovery in crude prices to follow, reports BloombergBusiness.

Unique Group, a leading integrated subsea and offshore solution provider based in Sharjah (UAE), aims to double its size and global infrastructure by 2019 through capital investment, acquisitions and expansion into key markets.

Petsec Energy has executed an agreement with Oil Search Limited to acquire all the shares of its subsidiary Oil Search (ROY) Limited which holds a 34% participating interest in Block 7, Al Barqa Permit, in the Republic of Yemen, and is the designated operator of the block

SpeedCast International Limited has signed a definitive agreement for the acquisition of Hermes Datacommunications International Ltd, a leading global provider of managed network services for the upstream oil and gas industry.

Kentz Corporation, a member of the SNC-Lavalin Group, has been awarded two sustaining capital contracts by a major oil company in the Middle East, with an anticipated combined value of over $500m.