SLB to Acquire Majority Ownership in Aker Carbon Capture

SLB Acquires ChampionX in an All-Stock Transaction

April 2, 2024

Energy

SLB (NYSE: SLB) has completed its previously announced all-stock acquisition of ChampionX Corporation. Under the terms of the agreement, ChampionX shareholders received 0.735 shares of SLB common stock for each ChampionX share, with former ChampionX shareholders owning ~9% of SLB’s outstanding shares post-closing.

CRC Group Acquires SLB Insurance Group

December 16, 2024

Insurance

CRC Group has acquired SLB Insurance Group, a binding authority operation based in Coconut Creek, Florida with offices in Florida and Louisiana. The deal expands CRC's binding operations in the Southeast — nearly doubling its presence in South Florida and strengthening capabilities in Louisiana — and SLB's leadership team will continue to run the business reporting to Brennan Paris, President, CRC Binding.

Occidental Agrees to Acquire Carbon Engineering for Approximately $1.1 Billion

August 15, 2023

Energy

Occidental (through a wholly owned subsidiary) has entered into a definitive agreement to acquire Carbon Engineering Ltd. for approximately $1.1 billion in cash, payable in three roughly equal annual installments. The deal — which will make Carbon Engineering a subsidiary of Oxy Low Carbon Ventures upon closing — is intended to accelerate deployment and commercialization of direct air capture (DAC) technology and expand Occidental's low-carbon capabilities.

Soltech Energy Sweden acquires Sesol Group from Nordic Capital

July 4, 2025

Renewable Energy

Soltech Energy Sweden AB (publ) has signed an agreement to acquire 100% of Sesol Group AB, a solar energy company. The purchase price will be paid with newly issued Soltech shares, making Nordic Capital the company’s largest shareholder with roughly 30% ownership post-transaction. The deal is subject to regulatory approvals and approval by an Extraordinary General Meeting.

SLB Acquires RESMAN Energy Technology

January 14, 2026

Energy

SLB has completed the acquisition of RESMAN Energy Technology, a Norway-headquartered provider of wireless reservoir surveillance and tracer solutions. The deal integrates RESMAN's tracer technology into SLB's production and recovery portfolio to deliver faster, more precise reservoir insights and improved operational efficiency for operators.

Svante Technologies Acquires Carbon Alpha to Advance BECCS in Western Canada

March 4, 2026

Environmental Services

Svante Technologies announced it has acquired Calgary-based Carbon Alpha Corporation and its related subsidiaries to accelerate commercial-scale carbon dioxide removal (CDR). The deal adds Carbon Alpha’s North Star Bioenergy Carbon Capture and Storage (BECCS) project—developed with the Meadow Lake Tribal Council—along with CCS development capabilities and a regional storage hub in Western Canada.