Funding, M&A, exec moves and hiring — matched to your market, with the people to call.See plans →
1947 Oil & Gas acquires Renaissance Offshore assets
PRIVATEAug 05, 2026•4 days ago
Acquiring Company
1947 Oil & Gas
Acquired Company
Renaissance Offshore
Greater LondonEnergyOil And GasOil And Gas
Description
1947 Oil & Gas is set to acquire Renaissance Offshore, raising £50 million for the purchase. The deal will provide immediate producing assets and cash flows. The acquisition is part of a strategy to exploit undervalued shallow-water oil and gas reserves. The company plans to further grow through additional acquisitions.
Company Information
Company
1947 Oil & Gas
Location
Greater London, England, United Kingdom
About
1947 Oil & Gas is focused on oil and gas production. The company is preparing to join the AIM market to fund acquisitions. It aims to develop shallow-water assets in the Gulf of Mexico. The company is led by experienced executives from the oil sector.
Predictive Intelligence
Strategic
ML-powered predictions for 1947 Oil & Gas's next move