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Acquisitions and Divestitures News

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 ...
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. ...
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. ...
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...
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...
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...
Eni Acquires 100% Ownership of the Blackwood Area with MEO
Australia >> 2/9/2015 - MEO Australia has elected to withdraw from the Blackwood gas discovery at no cost, transferring that area of NT/P68 to Eni Australia. MEO will focus its technical efforts on the Heron Area over which...
Taipan Commences Arbitration against EAX/Afren
Kenya >> 2/9/2015 - Taipan Resources Inc. (Taipan), has commenced an arbitration action against East African Exploration (Kenya) Limited (EAX), a [wholly owned] subsidiary of Afren Plc. This action has been filed in resp...
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...
Kinder Morgan in $158m Terminal Buy from Royal Vopak
United States >> 2/9/2015 - Kinder Morgan, Inc. will purchase three terminals and one undeveloped site from Royal Vopak for approximately $158 million. The acquisition covers a 36-acre, 1,069,500-barrel storage complex at Galena...
INPEX Sells Interest in Block SL20183 to Sibley
United States >> 2/9/2015 - INPEX CORPORATION (INPEX) through its whollyowned subsidiary, Teikoku Oil (North America) Co., Ltd., has agreed to sell all its participating interest (25%) in Block SL20183 in the State of Louisiana,...
SMD Announce New Shareholder
China >> 2/6/2015 - Specialist Machine Developments (SMD) Ltd (SMD) are pleased to announce that our shareholders have signed a sale and purchase agreement with Zhuzhou CSR Times Electric Co. Ltd a subsidiary of CSR Corp...
Seplat Completes Acquisition of Interest in OML 53
Nigeria >> 2/5/2015 - SEPLAT Petroleum Development Company Plc, a leading Nigerian indigenous oil and gas company listed on both the Nigeria Stock Exchange and London Stock Exchange, announces that it has completed the acq...
Seplat Acquires Interest in OML 55 Onshore Nigeria
Nigeria >> 2/5/2015 - SEPLAT Petroleum Development Company Plc, a leading Nigerian indigenous oil and gas company listed on both the Nigeria Stock Exchange and London Stock Exchange, announces that it has concluded negotia...
Kosmos & Chevron Finalize Offshore Mauritania Farm-Out Agreement
Mauritania >> 2/4/2015 - Kosmos Energy has entered into a farm-out agreement with Chevron Mauritania Exploration Limited, a wholly owned subsidiary of Chevron Corporation, covering the C8, C12 and C13 contract areas offshore ...
Total to Relinquish Papua Exploration Block
Indonesia >> 2/3/2015 - French energy company Total has relinquished its South West Bird's Head exploration block in Papua, an official at Indonesia's energy regulator told Reuters on Tuesday, without giving a reason. Total ...
Noble and Delek Will Have to Sell Some Reserves
Noble and Delek Will Have to Sell Some Reserves Israel >> 2/3/2015 - Israel's energy minister said natural gas companies operating offshore Israel will have to sell some of their reserves to avoid being deemed a monopoly, reinforcing a stance against control of the ass...

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