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Acquisitions and Divestitures News in Italy

Canadian Solar Completes the Sale of 290 MWP Solar Portfolio
12/22/2020 - Canadian Solar Inc. announced the sale of the remaining 30% ownership of the Big Fish SPV S.r.l. ("Big Fish") and Iron SPV S.r.l. ("Iron") solar projects to Falck Renewables. Both projects are located...
Termination of SPA for Acquisition of Coro Energy Italian Assets
7/31/2020 - Zenith Energy Ltd. ("Zenith") (ZENA-ME), the listed international oil & gas production company, announces the termination, by mutual agreement between the parties, of the sale and purchase agreement (...
Energean Announces Edison E&P Transaction Update
6/29/2020 - Energean entered into a conditional sale and purchase agreement to acquire Edison E&P from Edison S.p.A. for $750 million on the 4 July 2019. Since then, both parties have agreed several amendments to...
Snam Acquires Share in Olt Regasification Terminal
9/20/2019 - Snam and the Iren Group have signed an agreement related to Snam’s acquisition of the 49.07% stake in the share capital of OLT (Offshore LNG Toscana), the company which has built and manages the offsh...
ADX Energy Farmed Out 50% Interest in D 363 C.R-.AX Permit in Italy
10/31/2018 - ADX Energy Ltd (ADX) is pleased to announce that it has signed an agreement with SDP Services Limited (“SDP”) to farmout a 50% interest in the d 363 C.R-.AX Permit (License) containing the Nilde Oil R...
Po Valley Fully Retains North Italian Oil Assets
10/11/2018 - Po Valley Energy is to retain full ownership of two onshore oil fields in northern Italy after their sale to a private London-based resources company, Delta Energy, was blocked by one of Delta’s large...
Algeria's Sonatrach Says No Plans to Buy More Foreign Refineries
5/23/2018 - Algerian state energy firm Sonatrach has no plans to buy another foreign refinery after purchasing the Augusta refinery in Italy, Chief Executive Abdelmoumen Ould Kaddour said on Wednesday. ...
Exxon Mobil Unit Sells Italy Refinery, Fuel Terminals to Algeria
5/9/2018 - Exxon Mobil Corp. agreed to sell a refinery and three fuel terminals in Italy to Algeria, as the OPEC member seeks to cut fuel imports by refining its own crude. ...
Italy's Edison Launches Spin-off of Oil & Gas Unit
4/4/2018 - Italian energy group Edison (EDNn.MI), part of French utility EDF (EDF.PA), is preparing the sale of its oil and gas unit, the latest power producer to abandon fossil fuels to focus on its retail busi...
Saffron Energy Awarded Sant' Alberto Production Concession
10/17/2017 - Saffron Energy, the AIM quoted European natural gas company, has been awarded a Production Concession for its Sant' Alberto gas field from the Italian Ministry of Economic Development. ...
Saffron Energy to Acquire Italian Interests of Sound Energy & Po Valley
10/5/2017 - Saffron Energy, the AIM quoted European natural gas company with interests in Northern Italy, has entered into non-binding conditional heads of terms (the "Heads of Terms") with Sound Energy Plc (Soun...
Po Valley Energy Sells Two Oil Licences for A$1.7 Million
9/25/2017 - The sale of two onshore Italian oil exploration licences for A$1.69 million has been announced by Australia’s Po Valley Energy Limited (PVE), an Italian based oil and gas exploration, development and ...
Northern Petroleum Acquires Gas Assets Onshore Italy
6/8/2017 - Northern Petroleum, the AIM quoted oil and gas company focusing on production led growth, announces the acquisition of onshore production and development gas assets (the "Acqusition Assets") in Italy ...
Po Valley Wins Large Offshore Preliminary Production Concession
11/24/2016 - Po Valley Energy Ltd - the Australian oil & gas exploration, development and production company with expanding interests in Northern Italy - is pleased to announce a further significant development in...
Rockhopper Provides Ombrina Mare Project Update
2/3/2016 - Rockhopper Exploration plc, the oil and gas exploration and production company with interests in the North Falkland Basin and Greater Mediterranean region, provides the following update on the status ...
Sale of a Stake in Saipem
1/12/2016 - Reference is made to the sale by Eni S.p.A. (Eni) to Fondo Strategico Italiano S.p.A. of a stake in Saipem S.p.A., consisting of 55,176,364 ordinary shares that correspond to 12.5% of Saipem’s share c...
Eni Sells 12.5% Stake in Saipem to Fondo Strategico Italiano
10/27/2015 - Eni S.p.A. executed a sale and purchase agreement (the Sale and Purchase Agreement), pursuant to which it will sell a stake in Saipem S.p.A. consisting of n. 55,176,364 ordinary shares, representing a...
Rosneft Agreed to Sell 8.99% Interest in Saras S.p.A.
10/20/2015 - Rosneft JV Projects S.A. (Luxembourg), an indirect subsidiary of Rosneft Oil Company, has agreed to sell to institutional investors 85,481,816 ordinary shares in Saras S.p.A., representing approximate...
Northern Petroleum Awarded Two Italian Permits
7/24/2014 - Northern Petroleum has been awarded two permits in Italy. One permit, Cascina Alberto, is onshore in the Po Valley and the other, C.R149.NP, is offshore in the Sicily Channel adjacent to the Northern ...
Sound Oil Receives Permit Award for Laura Gas Discovery
6/12/2014 - Sound Oil has received the formal award of the D.R74.AP Permit (previously the D150DR-CS Permit) from the Italian Ministry of Economic Development. ...

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