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Acquisitions and Divestitures News

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. ...
East West Awarded Interest in New Zealand East Coast Basin Acreage
New Zealand >> 12/5/2013 - East West Petroleum Corp, is pleased to announce that New Zealand Petroleum and Minerals (“NZPAM”) has awarded the Company a 40% interest and its joint venture partner and operator TAG Oil Ltd (“TAG”)...
First Sahara Invited to Finalize Agreement in Morocco
Morocco >> 12/5/2013 - First Sahara Energy Inc announced that it has been invited to a meeting by ONHYM, Morocco’s Ministry of Energy & Mines, to finalize a contract for an oil and gas Reconnaissance License on an expansive...
New Zealand Awards 10 New Oil and Gas Permits
New Zealand >> 12/5/2013 - Energy and Resources Minister Simon Bridges announced the award of ten new oil and gas exploration permits as a result of Block Offer 2013. ...
Chrysaor Signs East Solan Basin Farm-Out with RWE
United Kingdom >> 12/4/2013 - Chrysaor CNS Limited (“Chrysaor” or the “Company”), a subsidiary of Chrysaor Holdings Limited, an independent exploration and production company focused on developing and commercialising oil and gas d...
Eaglewood Energy Executes Stanley Unitisation Agreement
Papua-New Guinea >> 12/4/2013 - Eaglewood Energy Inc is pleased to announce that it has executed a Unitisation Agreement with the PRL-4 (Stanley Field) Joint Venture, whereby Eaglewood will formally become a participant in the Stanl...
Parkmead Awarded Five New Blocks Offshore UK
United Kingdom >> 12/4/2013 - Parkmead is delighted to report that it has been provisionally awarded five additional UK blocks, through two new licences, in the second tranche of awards under the UKCS 27th Licensing Round, the res...
Madagascar Consents to Farm-out of Ambilobe Block
Madagascar >> 12/4/2013 - On 1 November 2013, Sterling Energy Plc, the oil & gas exploration and production company, announced that its wholly owned subsidiary, Sterling Energy (UK) Limited (“Sterling”), had executed a Farmout...
RWE Dea Acquires Licence Shares West of Shetland
United Kingdom >> 12/4/2013 - RWE Dea has signed an agreement to farm-in to Licences P1932 and P2074, which will allow the company to participate in the drilling of the Mustard prospect in the UK Continental Shelf (UKCS), West of ...
Taqa to Launch IPO for Morocco Unit
Morocco >> 12/4/2013 - Abu Dhabi National Energy Co.'s (TAQA) unit in Morocco has received regulatory approval for an initial public offering later this month, the U.A.E.-based company said. ...
Awarding Nine Oil Exploration Blocks in Zambia
Zambia >> 12/4/2013 - Swala Energy Limited (Swala) advises that the Minister of Mines, Energy and Water Development of the Republic of Zambia, Hon. Yamfwa Mukanga, has confirmed the award of nine oil exploration blocks in ...
GAIL India to Buy Stake in Ophir's Tanzania Assets
Tanzania >> 12/3/2013 - State-run gas utility GAIL India Ltd is in talks to buy a stake in the Tanzanian assets of British oil explorer Ophir Energy Plc, the Indian company's marketing head said. ...
Peru Suspends Auction of Hydrocarbon Concessions
Peru >> 12/3/2013 - PERUPETRO S.A. communicates to the public opinion that the International Bidding Round to grant Offshore License Contracts - 2013 has been suspended, due to essential modifications to the bidding term...
Eaglewood Energy Announces PPL 259 Farmout
Papua-New Guinea >> 12/3/2013 - Eaglewood Energy Inc is pleased to announce that it has executed a farmout agreement with Ketu Petroleum Ltd, a wholly owned subsidiary of Horizon Oil Ltd for 20% of Eaglewood's 65% participating inte...
InfraStrata Wins Two Blocks in the 27th Seaward Licensing Round
United Kingdom >> 12/2/2013 - InfraStrata plc, the independent petroleum exploration and gas storage company, is pleased to announce that the Company and joint venture partners were offered on 29 November 2013 two petroleum licenc...
Sterling Announces Success in the UK 27th Offshore Licencing Round
United Kingdom >> 12/2/2013 - Sterling Resources Ltd. (SLG.V) is pleased to announce that it has been successful in the UK 27th Offshore Licencing Round awards (second tranche), which were recently announced by the UK Department o...
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...
Independent Oil & Gas Announces 27th Licensing Round Award
United Kingdom >> 12/2/2013 - Independent Oil and Gas plc (“IOG”), the North Sea focussed Oil and Gas Company, is pleased to announce that it has been offered a licence award in the UK 27th licensing round of blocks 48/23c and 48/...
IOG Wins 2 Blocks in the UK 27th Licensing Round
United Kingdom >> 12/2/2013 - Independent Oil and Gas plc (“IOG”), the North Sea focussed Oil and Gas Company, is pleased to announce that it has been offered a licence award in the UK 27th licensing round of blocks 48/23c and 48/...
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...

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