Acquisitions and Divestitures News in United Kingdom

Jersey Oil and Gas Completes the Acquisition of CIECO V&C (UK)
4/7/2021 - Jersey Oil & Gas (JOG) is pleased to announce that it has now completed its acquisition of the entire issued share capital of CIECO V&C (UK) Limited ("CIECO V&C"), owned by ITOCHU Corporation ("ITOCHU...
Cairn Provides Indian Arbitration Update
3/30/2021 - Cairn confirms that it has received notice that the Government of India has petitioned the Dutch Court of Appeal to set aside the arbitration award dated 21st December 2020 issued pursuant to the UK-I...
Parkmead Raises £4m through Sales of Non-core Land
3/24/2021 - Parkmead, the independent energy group focused on growth through gas, oil and renewable energy projects, has completed two successful sales of two separate areas of non-core land from its UK renewable...
Aker BP Farms in to New UKCS Licence in the Greater Alvheim Area
3/24/2021 - Aker BP UK, a newly established subsidiary of Aker BP in Norway, has entered into an agreement with Eni UK to take over a 50 percent interest in licence P2511 on the UK Continental Shelf. Eni UK will ...
Aker BP Farms in to New UKCS License in the Greater Alvheim Area
3/24/2021 - Aker BP UK, a newly established subsidiary of Aker BP in Norway, has entered into an agreement with Eni UK to take over a 50 percent interest in license P2511 on the UK Continental Shelf. Eni UK wil...
Gulfsands Petroleum Response to the Mandatory Offer by Waterford Finance
3/18/2021 - The Independent Directors of Gulfsands Petroleum plc (“Gulfsands”), the oil and gas company focused on the Middle East region, note the announcement by Waterford Finance & Investment Limited (“Waterfo...
Union Jack Announces Purchase of Interest in Claymore, Piper & Scapa Fields
3/15/2021 - Union Jack Oil plc (UJO), a UK focused, onshore hydrocarbon production, development and exploration company is pleased to announce the purchase from Cambridge Petroleum Royalties Limited (CPRL) of a ...
Acquisition of 20% E.ON Stake Makes RWE Majority Shareholder
3/12/2021 - RWE has taken over a further 20% stake from E.ON in the British offshore wind farm Rampion. Consequently, RWE now holds a majority stake (50.1%) in the 400 megawatts wind farm, which is already being ...
CWind Sells CTV to Wood Marine
3/10/2021 - CWind, a leading provider of project services and Crew Transfer Vessels (CTVs) to the offshore wind industry, and part of the Global Marine Group (GMG), has completed the sale of their CTV, Endeavour,...
Cairn Energy Announces Sale of its Interests in Catcher and Kraken Fields
3/9/2021 - Cairn has entered into an agreement that will result in the sale of its interests in the UK Catcher and Kraken fields to Waldorf Production for a cash consideration of US$460 million plus additional c...
OGA Receives an Application for Carbon Dioxide Appraisal
3/5/2021 - The Oil and Gas Authority (‘OGA’) has received an application for a Carbon Dioxide Appraisal and Storage Licence pursuant to Chapter 3 of the Energy Act 2008 (the ‘Act’), in respect of the following ...
Trelleborg Divests UK Offshore Oil & Gas Operation
3/2/2021 - Trelleborg has signed an agreement and finalized the divestment of its offshore operation in Skelmersdale, England. The company is part of the overall offshore operation in the Businesses Under Develo...
Seaspan Acquires Two 15,000 TEU Containerships On Long-Term Charters
3/2/2021 - Seaspan Corporation, a wholly owned subsidiary of Atlas Corp., has entered into an agreement to acquire two young, high-quality 15,000 TEU scrubber-fitted containerships (“the Vessels”) on long-term c...
NextEnergy Announces Acquisition of 100MWp Camden solar PV portfolio
3/1/2021 - NextEnergy Solar Fund, the FTSE 250 solar power renewable energy investment company, is pleased to announce the acquisition of the UK based Camden solar photovoltaic ("PV") portfolio comprising two pr...
Union Jack Announces Completion of Further 15% Interest in PEDL253
3/1/2021 - Union Jack Oil plc (UJO), a UK focused onshore hydrocarbon production, development and exploration company is pleased to announce that it has completed the acquisition of a further 15% economic intere...
Equinor Completes Farm Down of Dogger Bank A and B
2/26/2021 - Equinor has closed the agreement to sell a 10% interest in Dogger Bank A (1,200 MW) and Dogger Bank B (1,200 MW) assets to Eni. ...
Hibiscus Petroleum to Acquire 85% Interest in Eagle Field
2/25/2021 - Hibiscus Petroleum Berhad is pleased to announce that its indirect wholly-owned subsidiary, Anasuria Hibiscus UK Limited (“AHUK”) has executed a Sale & Purchase Agreement (“SPA”) with EnQuest Heathe...
ExxonMobil to Sell U.K. Upstream Central & Northern North Sea Assets
2/24/2021 - ExxonMobil has signed an agreement with HitecVision, through its wholly owned portfolio company NEO Energy, for the sale of most of ExxonMobil’s non-operated upstream assets in the United Kingdom cent...
Finder Enters UK North Sea
2/18/2021 - Finder Energy is pleased to announce that it has been awarded a 100% interest in P2530 in the 32nd UK Offshore Licensing Round.

P2530 is located in the Central North Sea and covers an area...
Relinquishment of UK Licenses PEDL330 & PEDL345
2/11/2021 - Baron Oil Plc, the AIM-quoted oil and gas exploration company, announces that in accordance with the Operator's recommendation, the PEDL330 and PEDL345 licenses, which were due to expire on 31 July 20...

Accounting, Statistics Acquisitions and Divestitures Asset Portfolio Management Economics/Financial Analysis General Industrial Development Insurance Investment Mergers and Acquisitions Risk Management
For Buyers
For Suppliers
Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.