Acquisitions and Divestitures News in Chad

Savannah Energy Provides COTCo Update
5/26/2023 - As previously announced, the share purchase agreement with PETRONAS (E&P) Overseas Ventures SDN. BHD. ("PETRONAS") for a wholly owned affiliate of Savannah to acquire PETRONAS' upstream and midstream ...
Savannah Energy Provides Chad Upstream Asset Update
3/24/2023 - Savannah Energy PLC, the British independent energy company focused around the delivery of Projects that Matter, notes the Decree issued by the President of the Republic of Chad dated 23 March 2023,...
Savannah Energy Announces Response to Press Statement
12/13/2022 - Following recent press statements relating to Savannah's acquisition of ExxonMobil's interest in the Doba fields and the TOTCO Pipeline completed on 9 December 2022, Savannah wishes to make the follow...
Savannah Energy Announces Completion of ExxonMobil Transaction in Chad & Cameroon
12/9/2022 - Savannah Energy PLC, the British independent energy company focused around the delivery of Projects that Matter in Africa, is pleased to announce the completion of its acquisition of ExxonMobil's enti...
Share Purchase Agreements Signed with Exxon Mobil & PETRONAS
12/13/2021 - Savannah Energy PLC, the British independent energy company focused around the delivery of Projects that Matter in Africa, is pleased to announce that it has signed a Share Purchase Agreement ("SPA") ...
Savannah Announces Proposed Acquisition of ExxonMobil's Asset Portfolio
6/2/2021 - Savannah Energy PLC, the African-focused British independent energy company sustainably developing high quality, high potential energy projects in Nigeria and Niger, announces that, it is in advanced ...
Glencore Puts Chad Oilfields up for Sale
6/12/2019 - Glencore has put its oilfields in Chad up for sale. Glencore expanded in the upstream sector around a decade ago in order to secure oil flows, but the value of the assets tumbled with the oil price sl...
China CEFC Acquires Stake in Chad Oil Blocks from CPC
9/13/2016 - Privately run CEFC China Energy has agreed to acquire a 35 percent stake in oil blocks in Chad from Taiwan's state-owned Chinese Petroleum Corp for about $110 million, according to CEFC company execut...
Glencore to Cut Spending & Take $790m Writedown on Chad Oil Assets
8/13/2015 - Glencore cut back its spending plans for this year and said it would take a $790 million charge on oil assets in Chad after a fall in oil prices. ...
ERHC Energy Retains Deloitte Corporate Finance LLC
12/9/2014 - ERHC Energy Inc has retained the services of Deloitte Corporate Finance LLC (DCF) to advise on the Company's oil assets in the Republics of Chad and Kenya. ...
Chevron Announces Sale of Interests in Chad and Cameroon
6/13/2014 - Chevron Corporation announced that its subsidiary, Chevron Global Energy Inc., has sold its 25 percent non-operated interest in a producing oil concession in southern Chad and the related export pipel...
ERHC Receives Approval for BDS 2008 Retention in Chad
4/28/2014 - ERHC Energy Inc has now received the arreté (decree) of the President of Chad giving presidential seal of approval to the Company's retention of oil exploration Block BDS 2008 and its voluntary relinq...
Ratification of Simba Energy’s PSC in Chad
6/25/2013 - Simba Energy Inc, the pan-African oil & gas explorer, is pleased to announce that the Production Sharing Contract (PSC) between the Government of Chad and Simba Energy has been ratified. ...
Simba Wins a Three Oil Blocks in Chad
9/24/2012 - Simba Energy Inc, the onshore Pan-African oil & gas explorer, is pleased to announce that a Protocole d’Accord has been signed between Simba Energy Inc. and the Republic of Chad granting the Company 1...
Griffiths Signs an Agreement for Mangara & Badila Fields
9/18/2012 - Griffiths Energy International Inc is pleased to announce it has signed a Heads of Terms Agreement with Glencore International plc for the development of the Mangara and Badila oil fields. ...
United Hydrocarbon Acquires a PSC in Chad
8/23/2012 - United Hydrocarbon International Corp, a privately held oil and gas company, is pleased to announce completion of the acquisition of a Production Sharing Contract ("PSC") in the Republic of Chad. The ...
Griffiths Energy Acquires DOH Block in Chad
9/19/2011 - Griffiths Energy International Inc, a privately held energy company, is pleased to announce that a wholly-owned subsidiary of Griffiths has entered into a production sharing contract ("PSC") with the ...
Republic of Chad Issues Presidential Decree of ERHC’s PSC
8/23/2011 - ERHC Energy Inc, a publicly traded American company with oil and gas assets in West and Sub-Saharan Africa, announced that the Government of the Republic of Chad has formally issued the Decree of Appr...
ERHC Signs PSC on Three Oil Blocks in Republic of Chad
7/6/2011 - ERHC Energy Inc, a publicly traded American company with oil and gas assets in West Africa, announced that it has signed a production sharing contract (PSC) on the three oil blocks formally awarded to...
Republic of Chad Awards ERHC Three Oil Blocks
6/30/2011 - ERHC Energy Inc, a publicly traded American company with oil and gas assets in West Africa, announced that the government of the Republic of Chad has formally awarded the company three oil blocks for ...

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