Gulf Oil and Gas accountACCOUNT

Acquisitions and Divestitures News

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...
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 ...
Solo & Aminex Sign Purchase Agreement for Kiliwani North Licence
Tanzania >> 2/3/2015 - Further to the Company’s 14 October 2014 announcement, regarding a binding agreement to sell up to 13% of Kiliwani North Development Licence (KNDL) to Solo Oil plc (Solo) for a total consideration of ...
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...
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 ...
SacOil Says Could Exit Nigeria Assets
Nigeria >> 2/2/2015 - South Africa's oil and gas explorer SacOil Holdings said on Monday it may cancel an agreement to complete an appraisal on a prospective oil asset in Nigeria and could exit other assets as the price of...
PA Resources & EnQuest Terminate Farm out Agreements
Tunisia >> 2/2/2015 - In May 2013 PA Resources and EnQuest signed Sale and Purchase Agreements for the transfer of 70% interest in each of the Didon producing oil field and the Zarat Permit to EnQuest. In July 2014, PA and...
Roxi Provides Update on Proposed Sale of the Galaz Contract Area
Kazakhstan >> 2/2/2015 - Roxi Petroleum, the Central Asian oil and gas company with a focus on Kazakhstan, has updated the market with news of progress concerning the possible sale the Galaz Contract Area in which it holds an...
Tender Oil & Gas Signs PSC in Senegal
Senegal >> 2/2/2015 - Tender Oil & Gas Casamance (TOG), a Tender Group subsidiary, recently signed a production sharing contract (PSC) with Senegal’s Ministry of Energy and Petrosen - the national oil company of Senegal. W...
Egdon Sell its Interests in 2 Non-Core Licences to UKOG
United Kingdom >> 2/2/2015 - Egdon Resources plc has agreed the sale of its interests in two non-core licences in Southern England to UK Oil & Gas Investments PLC. ...
INPEX to Transfer 10% PI in Block R to Santos
Malaysia >> 1/30/2015 - INPEX CORPORATION through its wholly-owned subsidiary, INPEX Offshore South West Sabah, Ltd. , has reached an agreement to transfer 10% of its participating interest in the Deepwater Block R to Santos...
Murphy Closes Sale of 30% of its Malaysian Oil & Gas Assets to Pertamina
Malaysia >> 1/30/2015 - Murphy Oil Corporation announced that its wholly owned subsidiaries, Murphy Sabah Oil Co., Ltd. and Murphy Sarawak Oil Co., Ltd. (collectively Murphy), have closed on the second phase of the sale of ...
BP to Hand Back 2 Exploration Blocks to Indonesia on Risk Concerns
Indonesia >> 1/30/2015 - UK-listed energy giant BP has decided to relinquish two exploration blocks to Indonesia, after a survey of the blocks found them to be high risk, the company said. ...
Total Awarded 10% in the New 40-Year ADCO Concession
United Arab Emirates >> 1/29/2015 - Total has signed a new 40-year onshore concession agreement with the Supreme Petroleum Council of the Emirate of Abu Dhabi (United Arab Emirates) and the Abu Dhabi National Oil Company (ADNOC), granti...
Philips Extends Tender Offer Period to Acquire Volcano
Netherlands Antilles >> 1/29/2015 - Royal Philips and Volcano Corporation announced that Philips’ indirect wholly owned subsidiary Clearwater Merger Sub, Inc. is extending the expiration date for its previously announced tender offer u...
Conclusion of Formal Sale Process & Operational Update
Russia >> 1/27/2015 - Following the announcement by the Company of a formal sale process on 5 June 2014 a number of proposals were received from interested parties. However none of the proposals have been deemed by the Boa...

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.