Gulf Oil and Gas accountACCOUNT

Acquisitions and Divestitures News

SOCO Provides Update for its Interest in SOCO Cabinda
Angola >> 2/13/2013 - SOCO International plc provides Operational Update for the option to sell majority interest in SOCO Cabinda Limited (SOCO Cabinda) to minority interest holder. ...
Cyprus Confirms Offshore Block Award
Cyprus >> 2/12/2013 - Delek Group is pleased to announce that on February 11, 2013, each of the partnerships subsidiaries, Delek Drilling – L.P. and Avner Oil Exploration – L.P., signed the Production Sharing Contract whic...
Westbridge Acquired Majority Interest in 4 Licenses
Namibia >> 2/6/2013 - Westbridge Energy Corporation is pleased to announce having entered into a letter of intent (the "LOI") with Ropat Petroleum Investments (PTY) Ltd. ("Ropat") to acquire a majority interest in the oil ...
Total Enters Deep Offshore Exploration in Cyprus
Total Enters Deep Offshore Exploration in Cyprus Cyprus >> 2/6/2013 - Total announces that it has signed two production-sharing contracts (PSCs), for Blocks 10 and 11, with the Republic of Cyprus. The PSCs were awarded as part of the second offshore exploration licensin...
Interoil Sells 100% of Altair & COR-6 to Trayectoria
Colombia >> 2/6/2013 - Interoil Colombia (IOC) has signed an agreement with the Colombian company, Trayectoria Oil & Gas (Trayectoria) under which IOC will sell 100% of their participating interest in the Altair and COR-6 e...
Solo Enters into HOA to Buy 10% in Licence PEDL137
United Kingdom >> 2/5/2013 - Solo has entered into a Binding Heads of Agreement ("HOA") to buy a 10% interest in Horse Hill Development Ltd ("HHDL"), a special purpose company, which hold the rights to a 65% participating interes...
Kilimanjaro Capital Acquires Oil Rights to Northeast Block
Angola >> 2/5/2013 - Kilimanjaro Capital Ltd., a private Canadian company, focusing on emerging nations in West Africa, has signed an Oil Assignment Agreement with the Republic of Cabinda and the Front for the Liberation ...
TNK-BP Wins Auction for Yuzhno-Uzunsky Subsoil Block
Russia >> 2/1/2013 - TNK-BP announces that OJSC Nizhnevartovskoe Neftegazodobyvayuschee Predpriyatie (a TNK-BP Group company) has won an auction for development rights to the Yuzhno-Uzunsky subsoil block (estimated C1+C2 ...
Rosneft Acquired 12 Russian Offshore Acreages
Russia >> 2/1/2013 - Russian Prime Minister Dmitry Medvedev has signed an order transferring the rights to develop 12 acreages on the Russian continental shelf to Rosneft. ...
San Leon Completes Draa Farm-out to Cairn Energy
Morocco >> 1/31/2013 - Following the Company's announcement of the farm-out agreement with Cairn Energy Plc on 28 August 2012, San Leon is pleased to announce that all parties have now received full Moroccan Authorities app...
Agriterra Completes Sale of South Omo Block Interest
Ethiopia >> 1/31/2013 - Agriterra Ltd, the AIM listed pan African agricultural company, is pleased to announce that it has completed the assignment of its 20% interest in the South Omo Block (the Block) to Marathon Ethiopia ...
Tower Completes Namibia Licence 0010 Farm-in
Namibia >> 1/31/2013 - Tower Resources plc (Tower), the AIM listed oil and gas exploration company, is pleased to announce that, all conditions relating to the farmout agreement between Arcadia Expro Namibia (Pty) Ltd (Arca...
PetroAsian Sign MOU in Acquisition of Kazak-based O&G Firm
Kazakhstan >> 1/30/2013 - PetroAsian Energy Holdings Limited (the Company which together with its subsidiaries, the Group) pursuant to Rule 13.09(2)(a) of the Rules (the Listing Rules) Governing the Listing of Securities on Th...
Argentine Court Upholds Freeze on Chevron Assets
Argentina >> 1/30/2013 - An Argentine appeals court has upheld a freeze on up to $19 billion worth of assets held by U.S. oil major Chevron Corp in Argentina as part of an environmental lawsuit by Ecuadorean villagers, one of...
Wintershall Selling Stake in Argentine Shale Block
Argentina >> 1/30/2013 - BASF SE’s Wintershall, Germany’s largest oil producer is seeking partners to develop a shale- rock deposit in Argentina after the country increased prices for natural gas.

The company, bas...
Kazakhstan Buys ConocoPhillips stake in Nursultan Block
Kazakhstan Buys ConocoPhillips stake in Nursultan Block Kazakhstan >> 1/30/2013 - Kazakhstan's state oil company KazMunaiGas (KMG) has bought a 24.5-percent stake held by U.S. energy major ConocoPhillips in the Nursultan offshore oil block in the Caspian, KMG said, disclosing no pr...
Aminex Extends Bidding Period for Ruvuma Farm-out
Tanzania >> 1/29/2013 - Aminex PLC, a London and Dublin premium-listed oil and gas company with assets in the emerging hydrocarbon province of East Africa, announces that it has extended the bidding period for its proposed f...
KMP to Acquire Copano for Approximately $5 Billion
United States >> 1/29/2013 - Kinder Morgan Energy Partners, L.P. and Copano Energy, L.L.C. announced a definitive agreement whereby KMP will acquire all of Copano’s outstanding units for a total purchase price of approximately $5...
Vanoil Extends TEA With Ministry of Natural Resources
Rwanda >> 1/29/2013 - Vanoil Energy Ltd is pleased to announce it has executed a two month extension to its Technical Evaluation Agreement with the Rwandan Ministry of Natural Resources. The agreement provides Vanoil with ...
Edgo Energy Relinquishes Block L-26 Offshore Kenya
Kenya >> 1/28/2013 - Edgo Energy, the exploration unit of Jordan's Edgo, has relinquished a licence to explore an area offshore Kenya, citing the technical difficulties of drilling in very deep water. The licence area, a ...

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 © 2019 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.