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Acquisitions and Divestitures News

Asahi Kasei’s Agreement to Acquire Polypore’s Energy Storage Segment
Japan >> 2/23/2015 - Asahi Kasei Corporation, Japan’s leading diversified chemical manufacturer with businesses in the chemicals & fibers, homes & construction materials, electronics, and health care sectors, announced th...
Atlantic Petroleum Farms Down Deal on Norway PL602
Norway >> 2/23/2015 - Atlantic Petroleum has entered into a commercial farm-down agreement with Statoil Petroleum AS related to the PL602 licence. ...
Lime Petroleum Acquires Stakes in Norwegian Licenses
Norway >> 2/23/2015 - Lime Petroleum Norway AS has entered into an agreement with Tullow Oil Norge AS to acquire an additional 20 per cent stake in licences PL591, PL591B and PL591C in the Norwegian Sea. Following the tran...
Key Petroleum Acquires Interests in Canning Basin Permits
Australia >> 2/23/2015 - Key Petroleum has executed a Sale Agreement to acquirePancontinental Oil & Gas and FAR Limited’s interests in Exploration Permit 104, Retention Lease R1 and Production Licence L15 located in the Canni...
MEO Signs Option Agreement for Farmout of 3 Permits Offshore Australia
Australia >> 2/18/2015 - MEO Australia has advised that its wholly owned subsidiaries have executed an Option Agreement with an international exploration company (the Farminee) providing the Farminee with an option to farmin ...
Carnarvon Seals Divestment of Thai Oil Production Assets to Berlanga
Thailand >> 2/18/2015 - Carnarvon Petroleum Limited (Carnarvon) disclosed Wednesday that the Company has completed the divestment of its remaining 20 percent interest in the Thailand oil production concessions L44/43, L33/43...
Sterling Acquires 50% Interest in Ntem Concession
Cameroon >> 2/17/2015 - Sterling Energy Plc through its wholly owned subsidiary, Sterling Cameroon Limited, has signed an agreement with Murphy Cameroon Ntem Oil Co., Ltd whereby Murphy will transfer its 50% interest in, and...
Golar LNG Limited sells Golar Viking
Indonesia >> 2/16/2015 - Golar LNG Ltd announced the completion of the sale and delivery of the 2005 built LNGC Golar Viking to PT Perusahaan Pelayaran Equinox (Equinox). The transaction has been concluded at a sale price of ...
Government Approves Change in Equity Stakes in Blocks 105 &120 Off Vietnam
Vietnam >> 2/16/2015 - KrisEnergy Ltd., an independent upstream oil and gas company based in Singapore, referred to its announcements released April 15, 2014 and Aug. 12, 2014, both titled Vietnam Block 105 and Block 120 – ...
Europa Farm-Out of Tarbes Permit in France
France >> 2/16/2015 - Europa Oil & Gas (Holdings) plc has signed a Farm-Out Agreement (‘FOA’) in relation to its 100% owned Tarbes Val d’Adour Permit (‘Tarbes’) onshore France with Vermilion REP SAS, a wholly owned subsidi...
Sterling Provides Update for Ambilobe & Ampasindava Blocks
Madagascar >> 2/16/2015 - Sterling Energy Plc, the AIM listed oil & gas exploration company, is pleased to provide an update on activities in its Ambilobe and Ampasindava Blocks, located offshore Madagascar. ...
Candax Updates on Strategic and Financial Alternatives
Tunisia >> 2/13/2015 - Candax Energy Inc, a company focused on mature oil field development in Tunisia, announces that it has completed most of the G&G review of its Tunisian assets which has been initiated in 2012. ...
Acquisition of the Bijupira & Salema Fields & FPSO Fluminense
Brazil >> 2/13/2015 - PetroRio hereby gives additional information related to the acquisition of 80% of the rights and obligations of the concession contracts for the Bijupira and Salema Fields with Shell Brasil Petroeo Lt...
Araca Energy Signs Second Major Oil Deal MOU
Kazakhstan >> 2/13/2015 - Araca Energy ASA is proud to announce the signing of the MOU for its second major energy asset acquisition, further cementing its position as an upcoming energy asset conglomerate. ...
Sale of Interest in the Galaz Contract Area
Kazakhstan >> 2/10/2015 - Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce the conditional sale of the Company's equity and debt interests in the Galaz Contract Area, the second of...
Petrogrand Signs a Letter of Intent Regarding an Acquisition in Russia
Russia >> 2/10/2015 - Petrogrand AB (publ) (Petrogrand) signed a Letter of Intent (LOI) regarding the acquisition of 49 percent of the shares and votes in Ripiano Holding Ltd, a Cyprus holding company with an oil producing...
Sterling Acquires Interest in Mauritania Block C-3 from Tullow
Mauritania >> 2/10/2015 - Sterling Energy Plc, the AIM listed oil and gas exploration company, is pleased to announce that its wholly owned subsidiary, Sterling Energy Mauritania Limited (Sterling), has signed a sale and purch...
CNOOC Signs PSCs with SK for Blocks 04/20 & 17/03
China >> 2/10/2015 - CNOOC Limited announced that its parent company, China National Offshore Oil Corporation (CNOOC), has signed two production sharing contracts (PSCs) with SK Innovation Co., Ltd. (SK) for Blocks 04/20 ...
Royalty Agreements between Sterling Energy & Premier Oil
Mauritania >> 2/9/2015 - Sterling Energy Plc, the AIM listed oil and gas exploration company, has recently been notified of changes to Premier Oil Plc’s (Premier) interests in PSC A, PSC B and PSC C-10 offshore Mauritania. St...
Gazprom Wins Trial Over Moncrief Oil International
Russia >> 2/9/2015 - On February 2, 2015 the Tarrant County Court, Texas, USA located in Fort Worth passed a judgement to dismiss the litigation involving a claim worth over USD 1.38 billion filed by Moncrief Oil Internat...

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