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Acquisitions and Divestitures News

North Energy Farms out of PL 708 in the Barents Sea
Norway >> 10/12/2015 - North Energy ASA has signed a sale and purchase agreement with Pure E&P Norway AS, whereby North Energy sells its 10 per cent interest in production licence (PL) 708 to Pure. ...
Eni Awarded 2 New Exploration Licenses Offshore Egypt
Eni Awarded 2 New Exploration Licenses Offshore Egypt Egypt >> 10/12/2015 - Eni has been awarded with two new exploration licenses located in the Egyptian offshore of the Mediterranean Sea, North El Hammad and North Ras El Esh, as a result of the competitive 2015 EGAS bid rou...
INEOS Buys North Sea Gas Field from Russian Billionaire
Russia >> 10/12/2015 - Swiss chemicals giant Ineos has bought its first British North Sea gas fields from Russian billionaire Mikhail Fridman's investment fund LetterOne, outlining plans to further expand its energy resourc...
Northcote Confirms Following its Initial Evaluation in Phase III of Mexico Round 1
Mexico >> 10/9/2015 - Northcote is pleased to provide an update on the progress it has made in Mexico with regards to the due diligence it has been undertaking in contemplation of participating in Phase III of Round 1 of t...
Lundin Petroleum Sells its Indonesian Business
Indonesia >> 10/9/2015 - Lundin Petroleum AB (Lundin Petroleum) is pleased to announce the signing of a sale and purchase agreement (SPA) with PT Medco Energi Internasional TBK (Medco), to sell its oil and gas assets in Indon...
Onal Agreement with the Government of Gabon
Gabon >> 10/8/2015 - Tullow Oil plc has reached agreement with the Government of Gabon over its licences in the Onal Complex Fields. ...
QIC Wins Bid for Iona Gas Storage Facility in Victoria
Australia >> 10/8/2015 - A QIC led consortium has entered into a binding agreement to acquire the Iona Gas Storage Facility (Iona) west of Melbourne in Victoria from EnergyAustralia, a member of the China Light & Power Group....
Malaysia's Petronas Says Still Operating in Mauritania
Mauritania >> 10/8/2015 - Malaysia's Petroliam Nasional Bhd (Petronas) said it was still operating in Mauritania after media reports this week said it had started to pull out of the north African nation as low global oil price...
Swala Completes Farmout of Kilosa-Kilombero & Pangani Licence Interests to TPL
Tanzania >> 10/8/2015 - Swala Energy Limited (Swala) is pleased to advise that its partly-owned subsidiary company, Swala Oil and Gas (Tanzania) Plc (Swala Tanzania) and Tata Petrodyne Limited (TPL) have finalised the outst...
BP Wins Two Iranian Oilfield Development Projects
Iran >> 10/8/2015 - Iran has left the development of two oilfields to the energy giant British Petroleum (BP), an informed source told the Tasnim News Agency on the condition of anonymity. ...
Parnaiba Gas Natural & ENGIE Awarded 2 Blocks in the 13th Bidding Round
Brazil >> 10/7/2015 - Parnaiba Gas Natural (PGN) informs that the consortium composed by PGN (65%, operator) and ENGIE (35%, through its affiliate GDF SUEZ E&P Brasil Participaçoes Limitada) acquired exploration blocks PN-...
Parnaiba Gas Natural Awarded 6 Blocks in the 13th Bidding Round
Brazil >> 10/7/2015 - Parnaiba Gas Natural (PGN) succeeded in winning all of the 6 blocks (representing an area of 18,000 Km2) for which the Company offered bids in the 13th Bidding Round held by the Brazilian National Pet...
Gazprom Neft Acquires New E&P Licences in the Khanty-Mansiysk Autonomous Okrug
Russia >> 10/7/2015 - Gazprom Neft has acquired additional licences for geological prospecting, exploration and development at the Yuilsky-3, Lyaminskiy-6 and Severo-Ityakhskiy-1 blocks, all located in the Khanty-Mansiysk ...
ENEVA Participates in the 13th Bidding Round of ANP
Brazil >> 10/7/2015 - ENEVA S.A. informs its shareholders and the market in general that the consortium formed by its subsidiary Parnaiba Participaçoes S.A. and BPMB Parnaiba S.A. presented at the 13th Bidding Round of ANP...
Withdrawal of Proposed Offer by Nostrum Oil & Gas PLC
Ireland >> 10/7/2015 - Tethys Petroleum Limited announces that Nostrum Oil & Gas PLC (Nostrum) has withdrawn its proposed offer that was previously announced on September 23, 2015 ("Proposed Offer") to acquire the entire is...
Alvopetro Awarded 4 Blocks at Brazil's 13th Bid Round
Brazil >> 10/7/2015 - Following Brazil's 13th Bid Round, administered by the Agencia Nacional do Petroleo, Gas Natural e Biocombustiveis of Brazil (ANP), Alvopetro Energy Ltd. is pleased to announce that we were the succes...
Brazil Sells 2 of 10 Blocks In Sergipe-Alagoas Offshore Basin
Brazil >> 10/7/2015 - * Brazil Oil And Gas auction sells 2 of 10 blocks In Sergipe-Alagoas offshore basin, winning bids had no competition ...
Participation in the ANP’s 13th Bidding Round for Exploratory Blocks
Brazil >> 10/7/2015 - Petrobras hereby announces that it has not presented any proposals for the blocks offered during the 13th Exploratory Block Bidding Round of the National Petroleum, Natural Gas and Biofuel Agency (ANP...
Russian Billionaire Fridman Nears Deal for E.ON's North Sea Assets
Russia >> 10/6/2015 - Russian billionaire Mikhail Fridman's LetterOne fund has emerged as the frontrunner for the acquisition of German utility E.ON's Norwegian North Sea assets, three industry and banking sources said. ...
Aramco Will Buy CNPC Refinery Stake, Retail Assets
Saudi Arabia >> 10/6/2015 - Saudi Aramco, the world's biggest oil producer, is in talks to acquire a stake in a China National Petroleum Corp refinery as well as retail assets, people familiar with the matter said - a deal that ...

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