Vital Energy, Inc. (NYSE: VTLE) (“Vital Energy” or the “Company”) today announced that, at a special meeting of Vital Energy stockholders held today, the stockholders of the Company approved the previously announced merger (the “Merger”) between Vital Energy and Crescent Energy Company (“Crescent”). Vital Energy will file the final vote results for its special meeting on a Form 8-K with the U.S. Securities and Exchange Commission (the “SEC”). The Merger is anticipated to close on December 15, 2025.
South Sudan has moved troops into Sudan’s Heglig oil field under what it calls a tripartite agreement with Sudan’s two warring factions. The move is a rare arrangement aimed at shielding critical oil infrastructure as fighting escalates across West Kordofan.
Valaris has secured a multi-year contract from Shell for the drillship VALARIS DS-8 for operations offshore Brazil, the company said on Wednesday.
Petroleum Development Oman (PDO) has signed a 15-year agreement with Kuwait’s SPETCO to develop the Budour Tayseer Gas Project in Oman, local media reported on Thursday.
France’s Maurel & Prom and Norway’s BW Energy have signed an agreement to acquire Azule Energy’s stakes in two producing offshore blocks in Angola, the companies said on Friday.
Several international energy companies are expected to join the MSGBC region’s upstream market in the coming months, as operators target exploration opportunities in The Gambia, Guinea-Bissau and Guinea-Conakry. Speaking at the MSGBC Oil, Gas & Power 2025 conference this week, Ben Sayers, Partner & Energy Specialist, GeoPartners, explained that the south of the MSGBC region has not yet heralded a major discovery, but expected forays by international companies could potentially turn this trend around.
The Kwame Nkrumah University of Science and Technology (KNUST), Yinson Production West Africa Limited (Yinson), and the Petroleum Commission (PC) have commissioned the Net-Zero Carbon Emission Lab (NCEL), Ghana’s first specialised centre dedicated to scientific carbon measurement, emissions modelling, advanced decarbonisation research and industry-focused training.
Kosmos Energy said on Thursday that Senegal’s energy ministry has confirmed it has no plans to nationalise the Yakaar-Teranga gas field, in which Kosmos holds a 90% stake, but added it will return the licence by next July if no new partner joins the project.
The UK government has released a five-year plan that essentially doubles down on efforts to reduce emissions of carbon dioxide as a top priority in the energy space.
Eni SpA’s renewables arm Plenitude has signed a binding deal to buy power and gas utility Acea Energia SpA, part of Italy’s Acea SpA.