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Acquisitions and Divestitures News

Triangle Energy Sells Unit Operating Indonesia's Pase PSC to PT Enso Asia
Indonesia >> 12/28/2015 - Australia's Triangle Energy (Global) Limited (Triangle or the Company) confirmed Thursday that the shareholders at today's General Meeting voted overwhelmingly for the sale to Indonesia's PT Enso Asia...
SIBUR Acquires a 17.5% Stake in POLIEF from Republic of Bashkortostan
Russia >> 12/25/2015 - At the auction held on 22 December 2015, SIBUR acquired a 17.5% stake in AO POLIEF from the Government of the Republic of Bashkortostan. ...
Petroceltic Provides Operational and Financial Update
Petroceltic Provides Operational and Financial Update Egypt >> 12/24/2015 - The Board of Petroceltic International plc, the oil and gas exploration, development and Production Company focused on the North Africa and the Mediterranean region, provided an operating and financia...
Gazprom Neft Acquires E&P Licences at Zapadno-Yubileynoye Field
Russia >> 12/23/2015 - Gazprom Neft has acquired a licence for geological prospecting at the Zapadno-Yubileyny block, located in the Nadymsky district of the Yamalo-Nenets Autonomous Okrug, and for exploration and productio...
Wintershall Signs New Investment Agreement for Vaca Muerta
Argentina >> 12/23/2015 - Wintershall Energia S.A. and the local state-owned energy company Gas y Petroleo del Neuquén S.A. have signed an agreement under which Wintershall, Germany’s largest internationally active crude oil a...
Independent Oil and Gas Completes Skipper Acquisition
United Kingdom >> 12/22/2015 - Independent Oil and Gas plc (IOG), the North Sea focused oil and gas company, is pleased to confirm the acquisition of 50% of licence P1609 which contains the Skipper discovery has now completed. IOG ...
A new Indonesian Partnership for Datum360
Indonesia >> 12/22/2015 - As part of Datum360’s expansion into South East Asia, the company recently entered into a partnership with one of Indonesia’s leading engineering solutions providers, FKA Global. ...
QGEP to Relinquish Block BM-J-2 to the ANP
Brazil >> 12/21/2015 - QGEP Participacoes S.A. announced its decision to relinquish Block BM-J-2, located in the Jequitinhonha Basin, in the state of Bahia, to the Brazilian National Agency of Petroleum, Natural Gas and Bio...
African Petroleum Signs New PSC with Ophir for Block CI-513
Ivory Coast (Cote D'Ivoire) >> 12/21/2015 - African Petroleum, an independent oil and gas exploration company operating ten licences in five countries offshore West Africa, has entered into a new Production Sharing Contract (PSC) with Ophir Ene...
Pacific Acquires the Remaining 50% Working Interest in the CPE-6 Block
Colombia >> 12/21/2015 - Pacific Exploration & Production Corp. through its wholly-owned subsidiary Meta Petroleum Corporation (Meta) has reached an agreement with Talisman Colombia Oil & Gas Ltd. (Talisman) to acquire the re...
INEOS Wins 21 New Shale Gas Licenses in UK
United Kingdom >> 12/17/2015 - INEOS was awarded 21 new shale gas licences as the final part of the UK Government’s 14th licensing round. The company, which is now one of the UK’s biggest shale gas players, was awarded 700,000 acre...
Sinopec Successfully Completed the Acquisition of a 10% Stake in SIBUR
Russia >> 12/17/2015 - SIBUR, Russia's largest gas processing and petrochemicals company, and China Petroleum & Chemical Corporation (Sinopec), a major global petrochemical corporation, announced today the successful comple...
Grupo R Petroleo y Gas Won the Contract for Secadero Block
Mexico >> 12/17/2015 - Grupo R Petroleo y Gas S.A.P.I. de C.V. through its affiliate Grupo R Exploracion y Producion, S.A. de C.V., has been successful in its bid in Round 1's Third Bid for a License Contract for the Extrac...
Sound Energy Completes Tendrara Farm-In
Morocco >> 12/16/2015 - Sound Energy has announced that the Company's farm in agreement with the Moroccan Oil and Gas Investment Fund in relation to the Tendrara Lakbir Licence, onshore Morocco has now been completed - with ...
Africa Energy Acquires Interests Offshore South Africa
South Africa >> 12/16/2015 - Africa Energy Corp is pleased to announce that, as part of its new corporate strategy, it has executed the following three definitive agreements which will result in the Company acquiring a 90% workin...
Mexico to tender licenses to exploit 10 deep-water Gulf areas
Mexico >> 12/16/2015 - Mexico will tender licenses to explore and drill 10 deepwater areas in the Gulf of Mexico as part of a landmark opening of its long-closed oil sector, the country's energy regulator said. ...
Renaissance Oil Awards Three Petroleum Blocks in Mexico
Mexico >> 12/16/2015 - Renaissance Oil Corp. was awarded three petroleum blocks in Call 3 of Round 1 auction of 25 on-shore "Mature Field" petroleum blocks in Mexico. There were 40 other bidders competing in the Mature Fiel...
MX Oil Wins Concessions in Mexican Onshore Bid Round
Mexico >> 12/16/2015 - MX Oil, the AIM quoted oil and gas investing company, together with its partner Geo Estratos, is pleased to announce the joint venture has been successful in its bid for Land Contract Areas in the thi...
Mexico's Oil Auction Beats Expectations Despite Oil Price Plunge
Mexico >> 12/15/2015 - Mexico's oil regulator awarded all 25 contracts on offer, beating expectations despite a dramatic plunge in crude prices, in an auction aimed at boosting new Mexican oil companies after a historic sec...
Rhino Resources Expands African Offshore Portfolio
Comoros >> 12/15/2015 - Rhino Resources has significantly expanded its African footprint with the recent acquisition of two offshore blocks in East Africa and two in West Africa. “Rhino Resources is excited to further grow o...

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