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Acquisitions and Divestitures News

Pertamina and PTTEP Buy Hess' Stake in Two Fields
Indonesia >> 12/2/2013 - PTT Exploration and Production Public Company Limited (PTTEP) announces that on November 30, 2013, PTTEP Netherlands Holding Cooperatie U.A. (a subsidiary of PTTEP), and Pertamina Hulu Energy (a subsi...
Serica Awarded Block in the UK 27th Offshore Licensing Round
United Kingdom >> 12/2/2013 - Serica Energy plc is pleased to announce that it has been offered a Traditional Licence in the latest stage of the 27th Offshore Licensing Round, announced by the Department of Energy and Climate Chan...
Pertamina Buys 10 Pct Stakes in Exxon Mobil Iraq
Pertamina Buys 10 Pct Stakes in Exxon Mobil Iraq Iraq >> 12/1/2013 - PT Pertamina Irak Eksplorasi Produksi, a unit of state oil and gas firm PT Pertamina, has finalized a deal to buy 10 percent shares in Exxon Mobil Iraq Limited in West Qurna-1 block, Iraq, which curre...
Geopark Won Two Blocks in Brazil Bid Round 12
Brazil >> 11/29/2013 - GeoPark Limited ("GeoPark"), the Latin American oil and gas explorer, operator and consolidator with operations and production in Chile, Colombia, Brazil and Argentina, is pleased to announce that it ...
New Zealand Energy Awarded East Cape Permit
New Zealand >> 11/29/2013 - New Zealand Energy Corp is pleased to announce that the Company has been awarded a 100% interest in the East Cape Permit. The East Cape Permit covers approximately 1,048,221 onshore acres (4,242 km2) ...
North Sea Energy Awarded New Blocks in the UK North Sea
United Kingdom >> 11/29/2013 - North Sea Energy Inc is pleased to announce that the UK Department of Energy and Climate Change (DECC) has published a second tranche of licences offers in the 27th Seaward Licensing Round in the UK N...
Ecuador Oil Block Sale Draws Little Foreign Interest
Ecuador >> 11/29/2013 - Ecuador mustered bids for just four of 16 oil blocks it offered in its Amazon jungle region which could potentially contain a total of 1.5 billion barrels of crude. ...
Japan & Indian Groups May Split 10 % in Yamal LNG Plant
Russia >> 11/28/2013 - Two groups of Japanese and Indian companies may take a combined stake of almost 10 percent in Russia's Yamal liquefied natural gas (LNG) project, which would benefit from broader access to Asian marke...
German Utility E.ON Plans Sale of Italian Business
Italy >> 11/28/2013 - Germany utility E.ON (EOAN.DE) has started preparations for the sale of its Italian business and will soon begin the search for a buyer, four people familiar with the matter said, at a price likely to...
Dragon Oil Awarded an Exploration Block in Egypt
Egypt >> 11/28/2013 - Dragon Oil plc, an international oil and gas exploration, development and production company, is pleased to announce that we have been notified by Ganoub El Wadi Holding Petroleum Company (Ganope), on...
Petrochina Acquires 25% Interest in the WQ1 TSC
Iraq >> 11/28/2013 - PetroChina Company Limited makes formal delivery for the acquisition, through its wholly-owned subsidiary, of 25% interests in the Technical Service Contract (TSC) for West Qurna-1 (WQ1) in Iraq held ...
Indonesia Gives Chevron Contract to Pertamina
Indonesia >> 11/28/2013 - Indonesia's energy ministry will not renew Chevron Corp's oil contract at a small oilfield in Sumatra and will hand over management to state-owned oil firm Pertamina, industry officials said. ...
Result of the 12th Bidding Round of ANP
Brazil >> 11/28/2013 - Petrobras has acquired, alone or in partnership, 49 blocks, out of the 50 to which the company presented offers, in the 12th Bidding Round held by the Brazilian National Petroleum, Natural Gas an Biof...
Eni Signs PSA for Offshore Exploration & Development in Ukraine
Ukraine >> 11/27/2013 - Eni signed a Production Sharing Agreement with the Ukrainian government, represented by the Minister of Energy Eduard Stavytsky, in the presence of the President of Ukraine Viktor Janukovi? , for the ...
ConocoPhillips Completes Sale of Algeria Business Unit
Algeria >> 11/27/2013 - ConocoPhillips announced it has completed the transaction with Pertamina for the sale of its Algeria business unit for a total sales price of $1.75 billion, which resulted in proceeds of $1.65 billion...
East West Corp Announces Ratification of Romanian Concessions
Romania >> 11/27/2013 - East West Petroleum Corp, is pleased to announce that following publication in the Official Gazette of Romanian No 0721, the Company has received formal ratification of the remaining three blocks awar...
Mozambique Targets New Hydrocarbon Licensing Round in 2014
Mozambique >> 11/27/2013 - Mozambique is poised to launch its fifth oil and gas bidding round next year, mainly offshore, and is waiting for parliament to pass an amended petroleum law, a government official said. ...
AWE Completes AAL Selldown
Indonesia >> 11/25/2013 - AWE Limited, is pleased to announce that the sale of a 50% participating interest in the Northwest Natuna PSC, including the 101 million barrel (K-Sand) Ande Ande Lumut oil project, to a subsidiary of...
Andes Won New Exploration Licence in Paraguay
Paraguay >> 11/25/2013 - The Board of Andes, is pleased to announce the award by the Government of Paraguay of new a exploration permit on a block named "Capitan Mesa", located in the Itapua Department in the southeast region...
Rosneft Brazil Ups Stake in Solimoes Project
Brazil >> 11/22/2013 - Rosneft announces that its subsidiary Rosneft Brazil signed an agreement and related preliminary documentation with HRT subsidiary HRT O&G to acquire additional 6% in the Solimoes project. This will l...

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