Gulf Oil and Gas accountACCOUNT

Acquisitions and Divestitures News

Galp Acquires Block 6 at Sao Tome & Principe
Sao Tome and Principe >> 10/27/2015 - Galp Energia, SGPS, S.A informs that an agreement has been reached between the Government of Sao Tome and Principe, Galp Energia and Kosmos Energy for the award of Block 6 offshore Sao Tom and Princi...
Ecopetrol Announces Decision on Operation of Rubiales Field
Colombia >> 10/26/2015 - Ecopetrol S.A. hereby reports that, as decided by its Board of Directors, Ecopetrol will take over the operation of the Rubiales field following the conclusion of the Rubiales risk participation and P...
Gazprom & OMV Sign Memorandum of Understanding on Oil Supply
Russia >> 10/23/2015 - Vienna hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Rainer Seele, Chairman of the OMV Executive Board. The parties discussed the cooperation i...
Russia Offers Gas, Oil Swap Deals to Iran
Russia >> 10/23/2015 - Russian Energy Minister Alexander Novak said on Kremlin-controlled gas producer Gazprom has offered gas supplies to Iran under a swap arrangement, and similar oil deals were also under consideration. ...
Sound Energy to Purchase Maghreb Petroleum's Interest in Sidi Moktar Licences
Morocco >> 10/22/2015 - Sound Energy, the Mediterranean focused upstream gas company, is pleased to announce that, further to its announcement of 7 September 2015, it has signed heads of terms with Maghreb Petroleum Explora...
Trinity Sell Onshore Assets for $20.8 million to Touchstone
Trinidad and Tobago >> 10/21/2015 - Trinity has entered into an agreement to sell its interests in the WD-2, WD-5/6, WD-13, WD-14 and FZ-2 licences and related fixed assets to Touchstone Exploration Inc. for cash consideration of US$20....
Rosneft Agreed to Sell 8.99% Interest in Saras S.p.A.
Italy >> 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...
ERHC Energy Reaches Agreement with Kosmos for Block 11
Sao Tome and Principe >> 10/20/2015 - ERHC Energy Inc, a publicly traded American company with oil and gas assets in Sub-Saharan Africa announced today that it has reached an agreement with Kosmos Energy, a leading independent oil and gas...
Baron Oil Transfers Operatorship of Nancy Burdine Maxine Field to Ecopetrol
Colombia >> 10/19/2015 - On 16 October 2015, Inversiones Petroleras de Columbia (50% owned by Baron), the operator of the Nancy Burdine Maxine field in Columbia, handed over operational control of the field to Ecopetrol S.A. ...
Seacrest Portfolio Company AziLat Partners with ExxonMobil & Expands Portfolio, Offshore Brazil
Brazil >> 10/19/2015 - AziLat Ltd. (AziLat) has entered into a transaction with OGX Petroleo e Gas S.A. (OGX) to acquire OGXs full interest in two blocks offshore Brazil. ...
Total Sells Further 15% Interest in the Gina Krog Field
Norway >> 10/19/2015 - Total has signed an agreement to sell a 15% interest in the Gina Krog field in Norway to Tellus Petroleum, a subsidiary of Sequa Petroleum NV. The completion payment will total 1.4 billion NOK. The tr...
Petro Vista Provides Update on Sale of Interest in Tartaruga Block, Brazil
Brazil >> 10/16/2015 - Petro Vista Energy Corp., announces that the proposed sale, to Maha Energy Inc., of all of its 37.5% undivided working interest in the exploration and production contract covering the Tartaruga offsho...
Gulfsands Petroleum Fails to Extend its Fes Petroleum Agreement
Morocco >> 10/16/2015 - Gulfsands Petroleum Plc, the AIM listed oil and gas exploration company with activities in Syria, Morocco, Tunisia and Colombia, provides the following update on the Fes Petroleum Agreement. ...
2016 - 2020 Program for Comprehensive Overhaul of Gas Mains Approved
Russia >> 10/16/2015 - The Gazprom Management Committee approved the 20162020 Program for Comprehensive Overhaul of Linear Sections of Gas Mains. ...
Nostra Terra Completes Acquisition of East Ghazalat Interest
Egypt >> 10/15/2015 - Nostra Terra, an oil and gas exploration and production company with a growing portfolio of producing and exploration prospects, in a newly-formed joint venture ("JVCO") with Independent Resources plc...
PetroRio Concludes the Sale of Assets in Solimoes
Brazil >> 10/13/2015 - Petro Rio S.A. ("PetroRio"), hereby announces the closing of the transaction for the sale and transfer of all of its interest, and respective rights and obligations, in the Concession Contracts of Oil...
INEOS Buys North Sea Gas Field from Russian Billionaire
Russia >> 10/12/2015 - Swiss chemicals giant Ineos has bought its first British North Sea gas fields from Russian billionaire Mikhail Fridman's investment fund LetterOne, outlining plans to further expand its energy resourc...
Eni Awarded 2 New Exploration Licenses Offshore Egypt
Eni Awarded 2 New Exploration Licenses Offshore Egypt Egypt >> 10/12/2015 - Eni has been awarded with two new exploration licenses located in the Egyptian offshore of the Mediterranean Sea, North El Hammad and North Ras El Esh, as a result of the competitive 2015 EGAS bid rou...
North Energy Farms out of PL 708 in the Barents Sea
Norway >> 10/12/2015 - North Energy ASA has signed a sale and purchase agreement with Pure E&P Norway AS, whereby North Energy sells its 10 per cent interest in production licence (PL) 708 to Pure. ...
Northcote Confirms Following its Initial Evaluation in Phase III of Mexico Round 1
Mexico >> 10/9/2015 - Northcote is pleased to provide an update on the progress it has made in Mexico with regards to the due diligence it has been undertaking in contemplation of participating in Phase III of Round 1 of t...

Accounting, Statistics Acquisitions and Divestitures Asset Portfolio Management Economics/Financial Analysis General Insurance Investment Mergers and Acquisitions Risk Management
For Buyers
For Suppliers
Gulf Oil and Gas
Copyright 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.