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Acquisitions and Divestitures News

CNOOC Signs PSC with Husky
China >> 12/3/2015 - CNOOC Limited announced that its parent company, China National Offshore Oil Corporation (CNOOC), has signed production sharing contract (PSC) with Husky Oil Operations (China) Limited (Husky) for Blo...
Pre-Qualification Confirmed for Upcoming Mexican Onshore Bid Round
Mexico >> 12/2/2015 - MX Oil plc has been notified by the National Hydrocarbons Commission (CNH) that the Company, together with its partner Geo Estratos (Geo), has pre-qualified to participate in the third phase of the Bi...
Northcote Withdraws from Mexico Bid Round Pre-Qualification Process
Mexico >> 12/2/2015 - Northcote provides the following announcement in respect to its Mexico Bid Process. As per the announcements dated 4 September 2015 and 9 October 2015, the Company had entered the data room and submi...
North Energy Farms out PL 707 to Lime Petroleum
Norway >> 12/2/2015 - North Energy ASA has signed a sale and purchase agreement with Lime Petroleum Norway AS, whereby North Energy sells its 10 per cent interest in production licence (PL) 707 to Lime. This transaction fo...
Renaissance Oil Prequalified for the Mature Field Auction In Mexico
Mexico >> 12/2/2015 - Renaissance Oil Corp. has received notification from the Comision Nacional de Hidrocarburos (CNH) of Mexico that the Company has been prequalified to participate in the Call 3 of Round 1 auction of 2...
INEOS Completes Deal to Acquire DEA UK North Sea Gas Fields
United Kingdom >> 12/1/2015 - INEOS completed the purchase of the North Sea natural gas assets of DEA Deutsche Erdoel AG, which is owned by L1 Energy. The platforms, infrastructure and the highly skilled team that runs them will f...
Statoil to Divest Interest in Trans Adriatic Pipeline for EUR 208 million
Statoil to Divest Interest in Trans Adriatic Pipeline for EUR 208 million Azerbaijan >> 12/1/2015 - Following the divestment of its share in the Shah Deniz gas field in Azerbaijan, Statoil has agreed to sell its 20% interest in Trans Adriatic Pipeline AG to the Italian gas infrastructure company Sna...
Green Light to the Drilling Campaign Offshore Mexico
Mexico >> 12/1/2015 - Eni signed in Mexico City with the Comision Nacional de Hidrocarburos of Mexico (CNH) a Production Sharing Contract (PSC) for the development and exploitation of the Amoca, Mizton and Tecoalli oil fi...
Acquisition of Afren’s Participating Interest in OPL 310
Nigeria >> 12/1/2015 - Lekoil, the oil and gas exploration and production company with a focus on Nigeria and West Africa, has agreed to acquire Afren plc’s entire 22.86% participating interest in OPL 310, which contains t...
Rosneft Have Closed the Acquisition of 16.67% Share in PCK Raffinerie GmbH from Total
Russia >> 12/1/2015 - Rosneft and Total have closed the sale and purchase transaction concerning the 66.67% share in AET-Raffineriebeteiligungsgesellschaft mbH, representing a 16.67% effective share in PCK Raffinerie GmbH ...
Sterling Provides Update on the Ntem Concession
Cameroon >> 12/1/2015 - Sterling Energy has provided an update on the Ntem Concession, offshore Cameroon. The Company is aware that Société Nationale des Hydrocarbures ('SNH'), the state oil company of Cameroon, has included...
Sterling Completes Mauritania Block C-10 Stake Acquisition
Mauritania >> 11/30/2015 - Sterling Energy plc, the AIM listed upstream oil and gas company with interests in Africa, is pleased to announce that completion has now occurred under the sale and purchase agreement between its who...
Rosneft & BP Complete Transaction to Sell 20% share of Taas-Yuryakh Neftegazodobycha to BP
Russia >> 11/30/2015 - Rosneft and BP announce the completion of the transaction to sell a 20 per cent share of Taas-Yuryakh Neftegazodobycha LLC to the British company. ...
Eco Completes Acquisition of Interest in Cape Three Points West Block
Ghana >> 11/30/2015 - Eco (Atlantic) Oil & Gas Ltd. (Eco Atlantic), is pleased to announce that the Ghana Petroleum Commission has granted a Permit to Operate as an Upstream Petroleum Exploration and Production Company to ...
NuEnergy Provides Update on Resource Estimates of Indonesian CBM Assets
Indonesia >> 11/30/2015 - NuEnergy Gas Ltd., an Australian gas and ancillary power generation development company focused on unconventional gas exploration and production in Indonesia, referred to its announcement dated Nov. 2...
Expansion of Rengat PSC Exploration Period
Indonesia >> 11/27/2015 - NuEnergy Gas Limited wish to update on the initial term of the Exploration Period for the Rengat Production Sharing Contract (“PSC”) for a period of six years commencing from 30 November 2009 that wil...
Bankers Petroleum Awarded Hungarian Exploration Block
Hungary >> 11/25/2015 - Bankers Petroleum Ltd. (Bankers) is pleased to announce a successful bid in the third Hungarian bid round for the Puspokladany Block (Block "P") within the Pannonian Basin in north eastern Hungary. Ba...
NuEnergy Completes Acquisition of Dart Energy (Indonesia) Holdings
Indonesia >> 11/23/2015 - NuEnergy Gas Ltd., an Australian gas and ancillary power generation development company focused on unconventional gas exploration and production in Indonesia, referred Monday to its announcement dated...
BG International Acquires 35% Interest in Block 12
Cyprus >> 11/23/2015 - Noble Energy, Inc. announced a farm-out agreement for a portion of its interest in Block 12 offshore Cyprus with BG International ("BG"). BG is acquiring a 35 percent interest in Block 12, which incl...
KrisEnergy Receives Approval for Rossukon Production Area
Thailand >> 11/23/2015 - KrisEnergy Ltd., a Singaproe-based independent upstream oil and gas company, reported that it has secured government approval for the Rossukon Production Area in the Gulf of Thailand. ...

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