Transocean to Acquire Valaris in $5.8 Billion All-Stock Deal

Chevron Acquires Hess in $53B All-Stock Transaction

October 23, 2023

Energy

Chevron entered into a definitive agreement to acquire Hess in an all-stock transaction valued at about $53 billion (enterprise value $60 billion). The deal closed in 2025 after the resolution of all required closing conditions, including a favorable arbitration outcome tied to Hess’ offshore Guyana assets.

Maersk Drilling and Noble Corporation Agree to 50/50 Combination

November 10, 2021

Oil & Gas

The Drilling Company of 1972 A/S (Maersk Drilling) and Noble Corporation have entered into a definitive agreement to combine in a 50/50, primarily all‑stock transaction. The combined company will be named Noble Corporation, listed on the New York Stock Exchange and Nasdaq Copenhagen, and is expected to create a stronger customer proposition, deliver cost synergies and a modernized fleet.

Mercalis and PharmaCord Finalize Merger, Rebrand as Valeris

May 27, 2025

Healthcare Services

Mercalis and PharmaCord completed their merger and rebranded the combined company as Valeris. The new firm positions itself as a fully integrated life sciences commercialization partner providing data-driven market access insights, patient support services, and healthcare provider engagement tools.

Veson Nautical to Acquire VesselsValue

April 11, 2023

Transportation

Veson Nautical, a provider of maritime freight management solutions, announced its intent to acquire vessel valuation provider VesselsValue. The deal is expected to add VesselsValue’s vessel valuation data set and analytical modeling capabilities to Veson’s platform and services, with the transaction planned to finalize in early May.

Vår Energi Acquires Neptune Energy Norge AS

January 31, 2024

Oil & Gas

Vår Energi ASA completed the acquisition of 100% of the shares in Neptune Energy Norge AS, strengthening its position on the Norwegian Continental Shelf and adding ~67 kboepd of production and ~265 mmboe of 2P reserves. The transaction was agreed at an enterprise value of USD 2.275 billion and closed on 31 January 2024 (effective date 1 January 2023); net cash consideration paid on completion (less cash in Neptune Norway) was approximately USD 1.2 billion. The deal increases Vår Energi's scale, operatorships and gas/LNG exposure and is inter-conditional with a separate transaction in which Eni acquires the remainder of Neptune's global assets.

Crescent Energy Acquires Vital Energy in All-Stock Merger

December 15, 2025

Energy

Crescent Energy Company acquired Vital Energy, Inc. in an all-stock transaction valued at approximately $3.1 billion, including Vital’s net debt. The deal was expected to close in December 2025 and was later announced as having closed, creating a top-10 independent E&P company.