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Acquisitions and Divestitures News

PTTEP New Zealand Ltd Withdraws from PEP 50119
New Zealand >> 12/12/2013 - As operator, Shell New Zealand has confirmed that PTTEP New Zealand Ltd has withdrawn its 18% share from the Great South Basin venture (PEP 50119). PTTEP has made the decision based on its current inv...
Global Provides Namibia Farm Down Update
Namibia >> 12/12/2013 - Global Petroleum Limited updates the proposed farm down of the Company's 85% participating interest in Petroleum Exploration Licence No. 0029 ("the Licence") covering Offshore Blocks 1910B and 2010A i...
PGN Says no Approach by Pertamina on Takeover Plan
Indonesia >> 12/12/2013 - Indonesian state oil firm Pertamina wants to buy the country's main natural gas distributor, state-owned PT Perusahaan Gas Negara (PGN) , but has made no official approach, a PGN spokesman said.
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Independent Extended Blythe and Skipper Licences
United Kingdom >> 12/11/2013 - The Board of Independent Oil and Gas plc, the North Sea focused Oil and Gas Company, is pleased to confirm that the Blythe and Skipper licences have been extended by 3 months to 31st March 2014. It is...
Salamander Signs Malaysian PSC
Malaysia >> 12/11/2013 - Salamander has signed a Production Sharing Contract (“PSC”) for Block PM322, located in the Melaka Straits on the Malay side of the Central Sumatra Basin, offshore West Coast Peninsular Malaysia. Bloc...
CEPSA Acquired 25% Stake in Suriname Block 53
Suriname >> 12/11/2013 - CEPSA closed a deal with Apache Suriname Corporation LDC, a subsidiary of the U.S. oil and gas company Apache Corporation, to acquire a 25% stake in Block 53, located offshore Suriname in the northern...
Israel Grants Zion Megiddo-Jezreel Exploration License
Israel >> 12/11/2013 - The State of Israel’s Petroleum Commissioner awarded Zion Oil & Gas, Inc. (ZN) the Megiddo-Jezreel Petroleum Exploration License No. 401, on December 3, 2013. ...
GDF SUEZ Announces Success in 27th Licensing Round Awards
United Kingdom >> 12/10/2013 - GDF SUEZ E&P UK Ltd is pleased to announce that it has been awarded five further licences in the Southern North Sea (SNS), three as operator, in the second tranche of the 27th offshore oil and gas lic...
Talisman Announces $595m Sale of Colombian Pipeline Interest
Colombia >> 12/10/2013 - Talisman Energy Inc announced that two of its affiliates have reached agreement to sell their approximately 12% equity interest in the Ocensa Pipeline in Colombia to an investment group led by Advent ...
Woodside Sees Final Decision on Leviathan in 2014
Israel >> 12/10/2013 - Woodside Petroleum Ltd said it expects to make a final decision on an investment in Israel's Leviathan field in the first half of 2014, around the time that Israel is likely to finalise its tax policy...
Petronas & Brunei Authorities Sign Agreement for Mutual Benefit
Malaysia >> 12/9/2013 - PETRONAS is pleased to announce a number of agreements that have been signed with the Brunei petroleum authorities towards deepening mutually beneficial cooperation in the oil and gas industry between...
FOGL Completes North Falkland Basin Farmout Agreement
Falkland Islands >> 12/9/2013 - FOGL, the oil and gas exploration company with its extensive licence areas offshore the Falkland Islands is pleased to announce that the farm-out with Premier and Rockhopper in connection with the Fal...
Dana Petroleum Awarded New Exploration Licenses in North Sea
United Kingdom >> 12/9/2013 - Dana Petroleum has been awarded two new licenses in the UK North Sea, one of which is close to the Tolmount gas discovery in which Dana has a 50 per cent equity share with operator E.on. ...
Premier Oil Withdraw from PLC Block L10A in Kenya
Kenya >> 12/9/2013 - Having conducted a further exploration review, Premier has withdrawn from Block L10A, offshore Kenya. The Company retains its 25 per cent equity in the adjacent Block L10B. Prospect maturation of this...
Red Sky Withdraws from ATP 840 Permit in Queensland
Australia >> 12/6/2013 - The directors of Red Sky Energy Limited announce that the Company has withdrawn from exploration permit ATP 840 in southern Queensland. To keep the permit in good standing a minimum of one deep explor...
AWE Completes Purchase of Additional Tui Interest
New Zealand >> 12/6/2013 - AWE Limited, is pleased to announce that it has completed the purchase of an additional 15% interest in the Tui area oil project and an additional 6.25% in the Oi exploration well, located offshore Ne...
Vaalco Ready to Find Rig in Kwanza Basin
Angola >> 12/6/2013 - VAALCO Energy, Inc. announced that the Company has received written confirmation from The Ministry of Petroleum of Angola that the available 40% working interest in Block 5, offshore Angola, has been ...
Hess Completes Sale of its Natuna Asset in Indonesia
Indonesia >> 12/6/2013 - Hess Corporation completed the previously announced sale of its Natuna A asset, located off the coast of Indonesia, to PT Pertamina and PTT Exploration and Production Company Limited for a total after...
Ghana Parliament Ratifies East Cape Three Points Block PA
Ghana >> 12/6/2013 - The Parliament of the Republic of Ghana has ratified the Petroleum Agreement among the Government of the Republic of Ghana, Ghana National Petroleum Corporation (GNPC), Cola Natural Resources Ghana Lt...
Statoil Awarded Exploration Permit Offshore New Zealand
New Zealand >> 12/5/2013 - Statoil has obtained 100% equity share in an exploration permit in the Reinga-Northland Offshore Release Area in the New Zealand Block Offer 2013. ...

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