Acquisitions and Divestitures News

Jersey Oil and Gas Announces Final Results for the year ended 31 December 2020
United Kingdom >> 5/6/2021 - Jersey Oil & Gas (JOG), an independent upstream oil and gas company ?focused on the UK Continental Shelf ("UKCS") region of the North Sea, is pleased to announce its audited results for the year ended...
PGE & Ørsted Closed the JV Agreement for Polish Offshore Wind Projects
Poland >> 5/6/2021 - With the closing of the agreement, which was first announced on 10 February 2021, PGE and Ørsted now each own 50% of the shares in the offshore wind projects Baltica 2 and Baltica 3, together comprisi...
Equinor Polish Renewables Acquires Company Wento
Poland >> 5/5/2021 - Equinor has completed an agreement to buy 100% of the shares in Polish onshore renewables developer Wento from the private equity firm Enterprise Investors for EUR 91 million in enterprise value, befo...
Petro-Victory Energy Acquires 9 Onshore Assets in Brazil
Brazil >> 5/5/2021 - Petro-Victory Energy has updated the market on the acquisition and closure of nine (9) onshore oil concessions in Brazil. This acquisition adds 63,583 acres to the Company’s Potiguar Basin portfolio a...
Allete is New Owner of 91.6-MW Wind Project for Wisconsin Utilities
United States >> 5/5/2021 - ALLETE Clean Energy, a wholly owned subsidiary of ALLETE, Inc., has acquired the Red Barn wind project and signed an asset sales agreement with WEC Energy Group utility Wisconsin Public Service Corp. ...
APA & Egypt’s Ministry of Petroleum to Modernize PSC in Western Desert
APA & Egypt’s Ministry of Petroleum to Modernize PSC in Western Desert Egypt >> 5/4/2021 - APA Corporation (APA) announced it has reached an agreement in principle with Egypt’s Ministry of Petroleum and Mineral Resources (MOP) and the Egyptian General Petroleum Corporation (EGPC) in support...
Anglo African to Acquire 25% Interest in Saltfleetby Gas Field
United Kingdom >> 5/4/2021 - Anglo African Oil & Gas plc announces that following suspension of the Company's ordinary shares of 0.1 pence each in the capital of the Company ("Ordinary Shares") to trading on AIM on 5 November 202...
Neptune Energy Acquires Interest in Pegasus West Discovery
United Kingdom >> 5/4/2021 - Neptune Energy has acquired a 38.75% equity interest from Spirit Energy in the Pegasus West discovery and surrounding acreage (P1724, P1727, P4257 and P2128) in the UK Southern North Sea.

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Trinity Exploration Acquires Onshore PS-4 Block
Trinidad and Tobago >> 5/4/2021 - Trinity Exploration & Production plc, the independent E&P company focused on Trinidad and Tobago, is pleased to announce that it has executed a Sale and Purchase Agreement ("SPA") with Moonsie Oil Com...
HollyFrontier Announces Acquisition of Puget Sound Refinery
United States >> 5/4/2021 - HollyFrontier Corporation (HFC) (“HollyFrontier”) announced that it has entered into a definitive agreement to acquire the Puget Sound Refinery, the on-site cogeneration facility and related logistics...
Petrobras Signs Contract for the Sale of Thermal Plants in Bahia
Brazil >> 5/3/2021 - Petrobras, in continuation of the statement released on 08/14/2020, informs that it signed with Sao Francisco Energia SA, a subsidiary of Global Participacoes em Energia SA, a contract for the sale of...
Norwest Energy Announces Perth Basin Portfolio Update
Australia >> 4/30/2021 - HIGHLIGHTS
- Assignment of interest in EP413 exploration permit to AWE Perth Pty Ltd ...
Zenith Energy Announces Acquisition of Robbana & El Bibane in Tunisia
Tunisia >> 4/30/2021 - Zenith Energy Ltd. ("Zenith") (ZENA), the listed international oil & gas production company focused on pursuing African development opportunities, is delighted to announce that, following its market a...
Ascent Resources Announces MOU Extension for PSCS Negotiation
Cuba >> 4/30/2021 - Ascent Resources Plc (AST), the onshore Caribbean, Hispanic American and European focused energy and natural resources company, is pleased to announce that, further to the announcement of 12 April 202...
Jadestone Announces Acquisition of SapuraOMV Peninsular Malaysia Assets
Malaysia >> 4/30/2021 - Jadestone Energy plc (JSE) (“Jadestone” or including subsidiaries, the “Group”), an independent oil and gas production company focused on the Asia Pacific region, is pleased to announce that it has ex...
Santos Completes the Sell-Down in Bayu-Undan & Darwin LNG to SK E&S
Australia >> 4/30/2021 - Santos announced it had completed the sell-down of 25 per cent interests in Bayu-Undan and Darwin LNG to SK E&S, which is also a partner in Barossa. ...
FAR Limited Announce Q1 Results of 2021
Senegal >> 4/30/2021 - Highlights
- General Meeting held 28 April 2021, vote to sell Senegal RSSD to Woodside was passed
- Operator progressed Sangomar project execution with cutting of first steel for the FPSO ...
Vitol’s Vencer Energy to Acquire Midland Basin Assets
United States >> 4/30/2021 - Vitol’s US upstream company, Vencer Energy LLC (Vencer), has today announced it has agreed to acquire Hunt Oil Company’s Midland Basin assets for an undisclosed sum. It is Vencer’s first acquisition ...
Hess Completes Sale of Non Strategic Interests in Bakken Acreage
United States >> 4/30/2021 - Hess Corporation (HES) announced that it has completed the previously announced sale of its Little Knife and Murphy Creek acreage interests in the Bakken in North Dakota to Enerplus Corporation for a ...
Diversified Announces Conditional Acquisition in New Regional Focus Area
United States >> 4/30/2021 - Diversified Gas & Oil PLC (DGOC) announces the $135 million (gross) conditional acquisition of certain Cotton Valley upstream assets and related facilities primarily in the state of Louisiana (the Ass...

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