Acquisitions and Divestitures News in Congo
| 4/24/2024 - TotalEnergies announces that its 85%-owned affiliate, TotalEnergies EP Congo, has signed an agreement with Trident Energy combining the acquisition of an additional 10% interest in the Moho license fr... |
| 4/24/2024 - Trident Energy announced that it has signed an agreement with Chevron Corporation to acquire the entire issued share capital of Chevron Overseas (Congo) Limited which holds a 31.5% non-operated worki... |
| 4/12/2024 - The Republic of Congo’s Minister of Hydrocarbons Bruno Jean-Richard Itoua signed an amended Production Sharing Contract (PSC) with China’s Wing Wah Oil Company for the Banga Kayo block. The amended PS... |
| 3/12/2024 - Eni announced the closing for the sale to Perenco of Eni participation interest in several upstream permits in Congo, non-core to the Company strategy in the Country, after having obtained the approva... |
| 6/27/2023 - Eni signed with Perenco the agreement for the sale of Eni participation interest in several permits in Congo, non-core to the Company strategy in the Country. The transaction value is appro... |
| 1/16/2023 - Democratic Republic of Congo has awarded licences to three natural gas blocks in Lake Kivu on its eastern border, with some production expected to start as early as next year, the hydrocarbons ministr... |
| 12/5/2022 - Glencore has reached an agreement with the Democratic Republic of Congo (“DRC”) covering all present and future claims arising from any alleged acts of corruption by the Glencore Group in the DRC betw... |
| 2/18/2021 - PetroNor E&P Limited is pleased to announce that the Company's net indirect interest in PNGF Sud, PetroNor’s core asset, will increase from 10.5% to 16.83% following i) a USD 18 million contingent acq... |
| 9/8/2020 - Chair's Statement This interim accounts covers the six-months period to 30 June 2020, during this period the Company completed the sale of Anglo African Oil & Gas Congo S.A.U ("AAOG Congo") the ... |
| 7/21/2020 - Eni SpA is looking to sell assets in Norway and the Republic of Congo as oil’s slump prompts companies across the industry to rein in spending. ... |
| 7/7/2020 - Zenith Energy Ltd., the listed international oil & gas production company focused on pursuing African development opportunities, is pleased to announce that it has entered into a joint venture agreeme... |
| 4/17/2020 - Zenith Energy Ltd., has successfully renegotiated the terms for the acquisition from AIM listed Anglo African Oil & Gas plc ("AAOG") of its fully owned subsidiary in the Republic of the Congo, Anglo A... |
| 3/24/2020 - Zenith Energy Ltd., has entered into a conditional Deed of Variation (the "Deed of Variation") to amend the terms of the consideration (the "Consideration") payable for the acquisition of an 80 per ce... |
| 3/12/2020 - Zenith Energy Ltd., the international oil & gas production company, provides the following update in view of the recent volatility in oil prices and financial markets. As announced to the ... |
| 12/27/2019 - Zenith Energy Ltd., has signed a conditional share purchase agreement ("SPA") with AIM quoted Anglo African Oil & Gas plc ("AAOG") for the acquisition of an 80 percent interest in AAOG's fully owned s... |
| 9/9/2019 - New Age (African Global Energy) Limited announces that its subsidiary New Age M12 Holdings Limited has completed the sale of its 25% non-operated interest in the Marine XII Licence to LUKOIL Upstream ... |
| 6/11/2019 - Pelfaco signed a production sharing deal with Congo Republic’s state energy firm on a 32-million barrel oil field. The field in the south of the country would last for 25 years. |
| 6/6/2019 - New Age (African Global Energy) Limited announces that its subsidiary New Age M12 Holdings Limited has signed a Sale and Purchase Agreement (‘SPA’) with LUKOIL Upstream Congo SAU, a wholly owned subsi... |
| 4/30/2019 - Anglo African Oil & Gas plc, an independent oil and gas developer, is pleased to announce the receipt of a letter from the Government of the Republic of the Congo signed by the Minister of Hydrocarbon... |
| 11/20/2018 - NewAge is seeking to sell its stake in the Marine XII oil block, a concession off the coast of the Republic of Congo that the Africa-focused energy group jointly owns with Italy’s ENI, two financial s... |
