
Wood Mackenzie: strong balance sheets set 2027 up for oil and gas portfolio renewal
Balance sheets at strongest point in years, unlocking 5% investment rise and fresh wave of M&A in 2027 as companies rebuild post-2030 upstream portfolios.
Browse the latest acquisitions and mergers news and articles.

This month marks the tenth anniversary of the acquisition of Steadfast Scotland by The Marla Group.

STATS Group strengthens global services capability with acquisition of pipeline intelligence firm P2D.
Wood Mackenzie discloses oil and gas companies need to brace for tough 2026 as capital budgets fall and low-carbon spending faces further cuts.

Wabtec has completed the acquisition of Evident’s Inspection Technologies division, formerly part of the Scientific Solutions Division of Olympus Corporation.

SSE will add complementary services and international exposure to the FOX footprint.

Phillips 66 has announced the completion of its previously announced acquisition of EPIC Y-Grade GP, LLC and EPIC Y-Grade, LP, which own various subsidiaries and long-haul natural gas liquids pipelines, fractionation facilities and distribution systems (EPIC NGL) for total cash consideration of approximately US$2.2 billion.

Izomax accelerates global growth with acquisition of IK Engineering and IK Group US Inc.

Summit Midstream Corp. has acquired Moonrise Midstream and provided an update on its operations in the DJ Basin.

MPLX LP has announced it has signed a definitive agreement with affiliates of WhiteWater and Diamondback Energy to acquire the remaining 55% interest in BANGL, LLC for US$715 million.