Gulf Oil and Gas accountACCOUNT

Acquisitions and Divestitures News in South Africa

QP Joins Total as Partner in Block 11B/12B in South Africa
2/5/2018 - Total has signed an agreement to sell a 25% interest in the Exploration Block 11B/12B, offshore South Africa, to Qatar Petroleum. The transaction remains subject to regulatory approval. ...
Africa Energy to Acquire Additional Interest in South Africa
11/20/2017 - Africa Energy Corp. (AFE) (Africa Energy) announces the signature of definitive agreements to acquire an effective 4.9% interest in the Exploration Right for Block 11B/12B offshore South Africa. ...
PIC Interested in Chevron’s South African Assets
10/12/2017 - Africa’s biggest fund manager is interested in taking part in the acquisition by Glencore Plc and a group of black South African-owned companies of Chevron Corp.’s assets in the country, according to ...
Statoil Joins Impact and ExxonMobil in Transkei-Algoa
9/14/2017 - Following Statoil South Africa B.V. (Statoil) announcement on 07 September 2017, Impact Oil and Gas (Impact), the African-focused exploration company, welcomes Statoil as a partner in this acreage. St...
Statoil Farms into Two Exploration Blocks in South Africa
9/7/2017 - Statoil has acquired participating interests in two additional offshore frontier blocks, including one operatorship. Statoil has completed a transaction with ExxonMobil Exploration and Production Sout...
Sinopec Buys First Major Refinery in Africa from Chevron
3/22/2017 - China's Sinopec will pay almost $1 billion for a 75 percent stake in Chevron Corp's South African assets and its subsidiary in Botswana to secure its first major refinery in Africa, the companies anno...
Sinopec Nears Deal to Buy Chevron's South African Assets
3/17/2017 - China's Sinopec is nearing a deal to buy Chevron's South African oil assets for up to $1 billion (807.1 million pounds) to secure its first major refinery on the continent, several people familiar wit...
Total, Glencore & Gunvor Bid for Chevron's South African Assets
10/25/2016 - Total, Glencore and Gunvor GGL.UL are bidding for a 75 percent stake in Chevron's South African downstream assets, which include a refinery, three industry sources told Reuters. U.S. oil major Chevron...
Africa Energy Acquires 90% Interest in Block 2B Offshore
10/21/2016 - Africa Energy Corp. (Africa Energy) has closed three transactions resulting in the Company acquiring a 90% participating interest and operatorship in Block 2B offshore the Republic of South Africa. ...
Chevron Said to Work With Rothschild on S. Africa Stake Sale
3/16/2016 - Chevron Corp., the second-largest U.S. oil producer, is working with investment bank Rothschild & Co. on plans to sell a 75 percent stake in its South African unit, according to people familiar with t...
Tower Resources to Exit South Africa's Orange Basin
2/16/2016 - Tower Resources plc, the AIM-listed Africa-focussed oil and gas exploration company announces the following update with regards to its interests in the SW Orange Basin Technical Co-operation Permit (“...
Chevron Seeks Buyers for 75% Stake in South African Unit
1/21/2016 - Chevron Corp. said it was considering selling its 75 percent stake in its South African unit. Chevron has made a decision to solicit expressions of interest for the stake, a sale that would form part ...
Africa Energy Acquires Interests Offshore 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...
Statoil to Explore Offshore South Africa
10/29/2015 - Statoil has completed a farm-in transaction with ExxonMobil Exploration and Production South Africa Limited (ExxonMobil), acquiring a 35 percent interest in the ER 12/3/154 Tugela South Exploration Ri...
South African Exploration Licence Being Processed by PASA
11/3/2014 - Falcon Oil & Gas Ltd has been notified by the Petroleum Agency of South Africa ("PASA") that a decision has been taken to proceed with processing of the Company's application for a shale gas Explorati...
Eni Enters Offshore Exploration Right Permit in South Africa
6/10/2014 - Eni has concluded an agreement with Sasol Petroleum International, the upstream O&G subsidiary of Sasol Limited, to acquire a 40% interest and Operatorship in the Exploration Right permit 236 (ER236)...
Sasol Signs Exploration Right Permit to Explore Offshore ZA
11/13/2013 - Sasol, through its upstream oil and gas subsidiary, Sasol Petroleum International, signed an Exploration Right permit to explore for hydrocarbons on the East Coast (Durban and Zululand basins), offsho...
South Africa to Take 20% Free Stake in New Oil Projects
10/10/2013 - South Africa’s government plans to take a 20 percent free stake in all new oil and gas ventures and reserve the right to buy a further 30 percent at market-related rates, Mineral Resources Susan Shaba...
SA Government Approves Ibhubesi Project Transfer to Sunbird
10/9/2013 - The Directors of Sunbird Energy Ltd are pleased to announce that the South African Government, through the Petroleum Agency of South Africa (PASA) and the Department of Mineral Resources (DMR), has ap...
Total Acquires Offshore Exploration Interests in South Africa
9/30/2013 - Total announces that it has received approval from the South African authorities and has completed the acquisition of a 50% interest in Block 11B/12B, from CNR International (South Africa) Ltd., a who...

Accounting, Statistics Acquisitions and Divestitures Asset Portfolio Management Economics/Financial Analysis General Insurance Investment Mergers and Acquisitions Risk Management
For Buyers
Advertise your Purchasing Requests

For Suppliers
Promote your Products
Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.