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Acquisitions and Divestitures News

Cooper Awarded Merangin III PSC Onshore Indonesia
Indonesia >> 3/21/2013 - Cooper Energy Limited is pleased to report that it has been awarded the Merangin III Production Sharing Contract (“PSC”) onshore Indonesia, on a 100% basis. The new PSC is located within the central p...
Mubadala Awarded West Sebuku PSC in Indonesia
Indonesia >> 3/21/2013 - Mubadala Petroleum announces that, in partnership with INPEX CORPORATION (INPEX), it has been awarded the Production Sharing Contract (PSC) for the West Sebuku block by the Director General of Oil & G...
Indonesia Awards 14 Oil & Gas Exploration Blocks
Indonesia Awards 14 Oil & Gas Exploration Blocks Indonesia >> 3/21/2013 - Indonesia awarded exploration rights to 14 oil and gas blocks in a tender outcome the government hailed as showcasing the sector's attractiveness to investors. ...
Jacka Resources Awarded Ruhuhu Licence in Tanzania
Tanzania >> 3/20/2013 - Australian listed African explorer Jacka Resources Limited (Jacka) is pleased to announce that a Production Sharing Agreement (PSA) for the Ruhuhu Block was signed at a ceremony in Dar es Salaam on 19...
Statoil Awarded 15 Leases in US Gulf of Mexico
United States >> 3/20/2013 - Statoil was the highest bidder on 15 leases in the central region U.S. Gulf of Mexico lease sale. With the addition, Statoil will control more than 340 leases in the Gulf of Mexico, further securing i...
UAE Set to Award Bab Gas Project to Shell
United Arab Emirates >> 3/20/2013 - Abu Dhabi National Oil Co. (ADNOC) has recommended that Shell win the multi-billion dollar project to develop its Bab gas field, but the UAE's higher authorities have yet to rule on it, industry sourc...
Gazprom Eyes Eni's Mozambique Gas Assets
Mozambique >> 3/19/2013 - Russia's state gas monopoly Gazprom is interested in acquiring gas assets of Italy's Eni in Mozambique, Gazprom's spokesman Sergei Kupriyanov told Reuters. ...
Senegal Farm Out Spearheads Offshore Well in Early 2014
Senegal >> 3/19/2013 - FAR Ltd is pleased to announce a farm in agreement for its three blocks offshore Senegal in West Africa to Cairn Energy PLC (Cairn), a major UK listed oil and gas company. ...
New World Oil & Gas Assigned 25% WI in Danica Resources
Denmark >> 3/18/2013 - New World Oil and Gas Plc, an oil and gas exploration and development company focused on Belize and Denmark, is pleased to announce that the Danish Energy Authority, part of the Government of Denmark,...
Kilimanjaro Capital Acquires Three Blocks from Cabinda
Angola >> 3/18/2013 - Kilimanjaro Capital Ltd., a resource support services company focusing on emerging nations in West Africa, has signed an Oil & Mineral Assignment Agreement with the Republic of Cabinda. Kilimanjaro Ca...
Abu Dhabi to Identify Partner for Bab Gas Field
United Arab Emirates >> 3/17/2013 - Abu Dhabi is close to identifying a partner to help produce natural gas at the Middle Eastern emirate’s Bab field and is on schedule to renegotiate contracts for its largest onshore oil fields, offici...
Kinder Completes Sale Interest in Express-Platte Pipeline
Canada >> 3/14/2013 - Kinder Morgan Energy Partners, L.P., announced that it has closed its previously announced sale of its one-third interest in the Express-Platte Pipeline System to Spectra Energy Corp for approximately...
ONGC, OIL Make Joint Bid for Mozambique Gas Stake
Mozambique >> 3/14/2013 - State-owned explorers ONGC and Oil India Ltd have made a joint first-round bid for a 20 percent stake in a Mozambique oil and gas field being offered by U.S. explorer Anadarko Petroleum Corp and Video...
Eni Sells 20% of Area 4 in Mozambique to CNPC
Mozambique >> 3/14/2013 - Eni CEO, Paolo Scaroni, and the CEO of Petrochina Company Limited, controlled by China National Petroleum Corporation (CNPC), Zhou Jiping, signed an agreement in Beijing for Eni’s sale to CNPC of 28,5...
Pertamina Seeks Part of Exxon's Stake in West Qurna-1
Iraq >> 3/14/2013 - Indonesia's state-owned oil and gas firm Pertamina is in talks to buy 10-20 percent of Exxon Mobil's stake in Iraq's West Qurna-1 oilfield, Indonesia's Chief Economic Minister said. ...
NOVATEK Wins Auction for the East-Tazovskoye Field
NOVATEK Wins Auction for the East-Tazovskoye Field Russia >> 3/14/2013 - OAO NOVATEK announced that its subsidiary OOO NOVATEK-Tarkosaleneftegas won an auction for exploration and production license for the East-Tazovskoye field. Payment for the license was set at RR 3.19 ...
Petrolia Norway Enters into Agreements with Statoil
Norway >> 3/13/2013 - Petrolia Norway AS, a 100% subsidiary of Petrolia SE, has entered into an agreement with Statoil Petroleum AS to purchase 10% in PL 628 and an agreement granting Statoil Petroleum AS an option on 10% ...
Trapoil Acquires Interest in Block 29/1c Orchid Discovery
United Kingdom >> 3/12/2013 - Trapoil, the independent oil and gas exploration, appraisal and production company focused on the UK Continental Shelf (UKCS) region of the North Sea, is pleased to announce, further to the Company's ...
CGX Provides Update on Pomeroon & Georgetown Licenses
Guyana >> 3/11/2013 - CGX Energy Inc. announces that the Pomeroon Petroleum Agreement (PA) expired effective November 19, 2012. ...
Introduction of Strategic Partner in Greater Kerendan Area
Indonesia >> 3/11/2013 - Salamander Energy plc announces that it has reached agreement to farm-out a 30% interest in the Bangkanai Production Sharing Contract (PSC), Central Kalimantan, Indonesia to PT. Saka Energi Indonesia ...

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