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Acquisitions and Divestitures News

MEO Withdraws from NT/P79 Exploration Permit
Australia >> 8/27/2013 - MEO Australia has advised that it's wholly owned subsidiary, Finniss Offshore Exploration, has received regulatory approval to withdraw from and surrender exploration permit NT/P79. ...
US Received 61 Bids Ahead of Western GOM Lease Sale 233
United States >> 8/27/2013 - As part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, Bureau of Ocean Energy Management (BOEM) Director Tommy P. Beaudrea...
Petroskandia with ETAP Win Teboursouk Block
Tunisia >> 8/27/2013 - Petroskandia AB, a Swedish oil and gas company, is pleased to announce that the Tunisian ministry in charge of hydrocarbons has awarded the Teboursouk exploration block to Petroskandia. ...
Brazil May Delay Libra Auction by a Week
Brazil >> 8/26/2013 - The auction of Brazil's massive offshore Libra subsalt field could be delayed by a week, head of the oil and gas regulator ANP, Magda Chambriard, said without giving details on why it may be delayed. ...
Anadarko Announces $2.64b for Portion of Offshore Mozambique Block
Mozambique >> 8/25/2013 - Anadarko Petroleum Corporation announced it has entered into a definitive agreement with ONGC Videsh Ltd. (OVL), a wholly owned subsidiary of Oil and Natural Gas Corporation Limited, to sell a 10-perc...
Santos Acquired 50% Share in The Northwest Natuna PSC
Indonesia >> 8/22/2013 - Santos announced the acquisition of a 50% interest in the Northwest Natuna Production Sharing Contract (PSC) offshore Indonesia from AWE Limited. ...
Exxon Selling Iraqi Stakes to Petro China, Pertamina
Exxon Selling Iraqi Stakes to Petro China, Pertamina Iraq >> 8/22/2013 - Exxon Mobil is selling stakes it controls in Iraq's West Qurna-1 oilfield to China's Petro China and Indonesia's Pertamina PERTM.UL, the country's oil minister said. ...
OGX Expected to Return Tubarao Azul Field to ANP
Brazil >> 8/20/2013 - OGX Petroleo e Gas SA, the oil company of Brazilian tycoon Eike Batista's tottering EBX Group, will likely return its only producing field to the Brazilian government, a source directly involved in th...
Meritage Acquires Wyoming’s Thunder Creek Gas Services
United States >> 8/20/2013 - Meritage Midstream Services II, LLC (“Meritage”) announced that it has acquired 100 percent ownership of Thunder Creek Gas Services, LLC (“Thunder Creek”) from Devon Energy Corporation (NYSE: DVN) (“D...
Raven Resources Acquires Exploration License in Mali
Mali >> 8/20/2013 - Raven Resources Group announced the ratification of its exploration license over Block 6, onshore Mali through its subsidiary Corvus Resources Management Limited. The formal handover ceremony took pla...
Ghana Approves Petroleum Agreement for South Tano Block
Ghana >> 8/19/2013 - The Board of AGM Gibraltar Limited is pleased to announce that the Cabinet of the Government of Ghana has approved the issuance of a Petroleum Agreement between Ghana National Petroleum Corporation (G...
Petrobras Approved the Asset Sale Totaling US$ 2.1 bln
Brazil >> 8/16/2013 - Petrobras, in compliance with Brazilian Securities Commission regulation – CVM No. 358/02, announces that its Board of Directors, in a meeting held today, approved the following asset sale transaction...
ConocoPhillips Announced Sale of $600m T&T Asset
Trinidad and Tobago >> 8/16/2013 - ConocoPhillips announced that it has closed a transaction with the National Gas Company of Trinidad and Tobago Limited (NGC) for the sale of its wholly owned subsidiary, Trinidad and Tobago Holdings L...
Petrel Acquired 20% Share in Amira Wasit B.V.
Iraq >> 8/14/2013 - Petrel is pleased to announce that it has agreed to acquire a 20 per cent shareholding in Amira Hydrocarbons Wasit B.V. (Amira), which is the holder of a 25 per cent carried interest in certain oil an...
Clontarf Enters into Agreement to Purchase from Block 183 in Peru
Peru >> 8/12/2013 - Further to the announcement of 15 May 2013, the board of Clontarf announces that Rurelec PLC, an AIM listed energy provider in South America, has entered into an agreement with Peru Oil and Gas Explor...
Genel Energy to Farm in to Adigala Block Onshore Ethiopia
Ethiopia >> 8/12/2013 - Genel Energy announces that it has agreed to acquire a 40% interest in the Adigala Block onshore Ethiopia from New Age (African Global Energy) Limited (the “Transaction”). Under the Transaction, Genel...
Petrochina to Join Exxon at Giant Iraqi Oilfield
Iraq >> 8/9/2013 - China's biggest energy firm PetroChina will join Exxon Mobil in developing Iraq's giant West Qurna oilfield and is in talks with Russia's Lukoil to buy into a second project at the field, industry sou...
Chariot Signs Farm out Agreement Offshore Mauritania
Mauritania >> 8/8/2013 - Chariot Oil & Gas Limited, the Atlantic margins focused oil and gas exploration company, is pleased to announce that its wholly-owned subsidiary, Chariot Oil & Gas Investments (Mauritania) Ltd., has s...
Extending Initial Exploration Period for Accra Area
Ghana >> 8/7/2013 - Tap Oil Limited is pleased to announce that the Ministry of Energy and Petroleum, Ghana has granted a six month extension to the Initial Exploration Period under the Petroleum Agreement in respect of ...
Relinquishment on the 2nd Period of Blocks t-219 & 220
Brazil >> 8/2/2013 - HRT Participacoes em Petroleo S.A. announces that it notified the Brazilian National Agency of Petroleum, Natural Gas and Biofuels - ANP ("ANP") of its intention of not renewing the concession agreeme...

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