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1947 Oil & Gas to acquire Renaissance Offshore

PRIVATEApr 17, 20265 months ago

Acquiring Company

1947 Oil & Gas Plc

Acquired Company

Renaissance Offshore

AlabamaEnergyOil And GasOil And Gas

Description

1947 Oil & Gas Plc, co-founded by Tim Duncan, acquires Renaissance Offshore, marking its entry into the U.S. Gulf. This acquisition provides an initial producing footprint with projected output growth. Duncan, with significant experience in Gulf operations, leads the company as executive chairman.

Company Information

Company

1947 Oil & Gas Plc

Location

Alabama, United States

About

1947 Oil & Gas Plc is a newly formed oil and gas company led by Tim Duncan, the founder of Talos Energy. The company aims to engage in offshore production and has acquired Renaissance Offshore to establish its presence in the U.S. Gulf. With a focus on operational growth and efficient output, it utilizes the expertise of seasoned industry professionals.

Fundz sees it the moment 1947 Oil & Gas Plc makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

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Predictive Intelligence
Strategic

ML-powered predictions for 1947 Oil & Gas Plc's next move

Learn about Strategic plan

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Renaissance Offshore?

Renaissance Offshore was acquired by 1947 Oil & Gas Plc, based in Alabama. The deal was reported on April 17, 2026. 1947 Oil & Gas Plc is a newly formed oil and gas company led by Tim Duncan, the founder of Talos Energy. 1947 Oil & Gas Plc is privately held and operates in Energy.

When did 1947 Oil & Gas Plc acquire Renaissance Offshore?

1947 Oil & Gas Plc's acquisition of Renaissance Offshore was reported on April 17, 2026. 1947 Oil & Gas Plc, co-founded by Tim Duncan, acquires Renaissance Offshore, marking its entry into the U.S. Gulf. This acquisition provides an initial producing footprint with projected output growth. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Renaissance Offshore do?

Renaissance Offshore operates in the Gulf of Mexico, focusing on offshore production. The details about its size or specific operations prior to the acquisition are limited. The company's inclusion in the acquisition marks a strategic move for the new venture. It is privately held, operating in Oil And Gas.

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