Acquisitions and Divestitures News in Nigeria

Equinor Sells Nigerian Business to Chappal Energies
11/29/2023 - Equinor sells its Nigerian business, including its share in the Agbami oil field, to Nigerian-owned Chappal Energies.

Equinor and Chappal Energies have entered into an agreement for the sal...
San Leon Announces Termination of the Proposed Transactions with Midwestern
10/9/2023 - San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, announces the termination of its proposed transactions with Midwestern Oil & Gas Company Limit...
PetroNor Acquires Aje interests from New Age (Africa Global Energy), Ltd.
10/3/2023 - ADM Energy PLC, a natural resources investing company, notes the announcement that PetroNor E&P Limited ("PetroNor") has acquired the 32% cost sharing interest and 24% profit share interest of New Age...
PetroNor Expands Strategic Options by Increasing Interest in the Aje Gas Development
10/2/2023 - PetroNor E&P ASA (“PetroNor”) is pleased to announce that it has entered into a binding agreement with New Age (African Global Energy) Limited (“New Age”) to acquire New Age’s interests in OML 113 i...
San Leon Energy Provides Interim Results Update
10/2/2023 - San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, provides the following updates in relation to a further extension to the longstop dates for th...
San Leon Energy Provides Update on Proposed Transactions
9/1/2023 - San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, announces a further extension to the longstop dates for the proposed transactions with Midwest...
San Leon Energy Provides Update on Proposed Transactions
8/1/2023 - San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, announces a further extension to the longstop dates for the proposed transactions with Midwest...
NNPC Inks FLNG Heads of Agreement with UTM Offshore, Advancing Domestic Gas Use in Nigeria
7/20/2023 - The Nigerian National Petroleum Corporation signed a Heads of Agreement with UTM Offshore Limited for a 20% equity contribution of the NNPC in the UTM FLNG project, a milestone set to significantly im...
San Leon Energy Provides Update on Proposed Transactions
7/3/2023 - San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, announces a further update in relation to the proposed transactions with Midwestern Oil & Gas ...
Tende Energy Takes Full Ownership Control of ATOG Midco Limited
6/26/2023 - Tende Energy (“Tende”) is pleased to announce that it has taken full ownership control of ATOG Midco Limited, together with its subsidiaries (“ATOG”), having acquired a further 90% equity interest in ...
Court Grants Lekoil Injunction Against Optimum Petroleum Over Lagos Offshore Oil And Gas Asset
4/17/2023 - Lekoil Nigeria Limited, the oil and gas exploration and production company with a focus on Nigeria and West Africa, announces that it has been granted an injunction by a Federal High Court in Lagos ag...
San Leon Provides Update on Proposed Transactions, Refinancing & ELI Operational Update
4/3/2023 - San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, announces a further update in relation to: i) the proposed transactions with Midwestern Oil & ...
San Leon Comment on Operatorship of OML 18
3/7/2023 - San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, notes the statement published in Nigeria on 6 March 2023 about the operation of the Oil Mining...
San Leon Energy Announces Comment on Press Speculation
2/27/2023 - San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, notes the recent speculation in the Nigerian press about the operation of the Oil Mining Licen...
ADM Energy Announces Barracuda and Interim Injunction
2/1/2023 - ADM Energy PLC, a natural-resources investing company, provides an update on the legal proceedings in respect of its interest in the Barracuda oil field.

As previously announced on 13 De...
Sirius Petroleum Provides Group Operational + Commercial Update
1/31/2023 - Sirius, an African focused oil & gas production and development company, is pleased to provide a group operational and commercial update ahead of the Company’s Annual General Meeting today.

...
ADM Energy Announces Further re: Barracuda and Interim Injunction
11/16/2022 - ADM Energy PLC, a natural-resources investing company, provides an update on the legal proceedings in respect of its interest in the Barracuda oil field.

As previously announced on 13 De...
San Leon Provides Further update on the Proposed Transactions with Midwestern and ELI
11/1/2022 - San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, announces the following update in relation to the Proposed MLPL Reorganisation and the Further...
Panoro Energy Announces Declaration of Dividend In Specie
8/1/2022 - Panoro Energy ASA is pleased to announce the declaration of its first dividend (the "Dividend") following recent completion of the transaction to divest its working interest in Offshore Mining Lease n...
Panoro Energy Completes Sale of Aje and Distribution of PetroNor Shares to Shareholders
7/13/2022 - Panoro Energy ASA has completed the sale of its fully owned subsidiaries Pan-Petroleum Services Holdings BV and Pan-Petroleum Nigeria Holding BV (together referred to as “Divested Subsidiaries”) to Pe...

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