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Acquisitions and Divestitures News

Changes of Participating Interest in Abadi LNG Project
Indonesia >> 5/28/2013 - INPEX CORPORATION (INPEX) is pleased to announce that its affiliate, INPEX Masela, Ltd. and Shell Upstream Overseas Services Limited, a subsidiary of Royal Dutch Shell plc (Shell), have signed an Agre...
Otis Energy Signs Agreement with Mitsui E&P
Yemen >> 5/28/2013 - Otis Energy Limited is pleased to announce that it has signed an Agreement with Mitsui E & P Middle East B.V. in relation to its 8.5% Working Interest (10% paying interest) in the Block 7 Permit in Ye...
Brasoil Acquires Four Blocks in Round 11 Auction
Brazil >> 5/25/2013 - On May 14, 2013 Brasoil was successful in acquiring the rights to four blocks at the Round 11 auction in Brasil. Three of the blocks are in the shallow water of the Foz do Amazonas basin (FZA-M-254, F...
Decision Regarding Asset Sales in Argentina
Argentina >> 5/24/2013 - Petrobras, in reference to previously released information regarding the sale of its assets in Argentina, informs that its Executive Board evaluated the terms of the negotiations of these assets and d...
3D Oil Awarded Permit Adjacent Thylacine Gas Field
Australia >> 5/24/2013 - 3D Oil Limited is pleased to advise it has been awarded a new exploration permit, T/49P in the offshore Otway Basin of Tasmania, bid on in 2012 Australian Offshore Gazettal round. ...
Statoil Farms into Exploration License in Tanzania
Tanzania >> 5/24/2013 - Petrobras announces that its wholly-owned subsidiary Petrobras Tanzania Ltd. has signed a farm-out agreement for the sale of a 12% working interest in Block 6 license offshore Tanzania to Statoil Tanz...
MEO Awarded Bonaparte Basin Exploration Permit WA-488-P
Australia >> 5/23/2013 - MEO Australia Limited advises that it has has been awarded a new exploration permit, WA-488-P in the Bonaparte basin, as part of the 2012 Gazettal Round. MEO will hold 100% interest in the permit. ...
Beach Agreed with Bengal to Farm-in to 50% of ATP 732
Australia >> 5/23/2013 - Beach Energy Limited and Bengal Energy Limited have agreed the key terms of a farm-in to explore for oil in ATP 732 (“Tookoonooka”). Subject to completion of the necessary documentation and appropriat...
Chariot Extends First Renewal Phase, Offshore Namibia
Namibia >> 5/22/2013 - Chariot Oil & Gas has announced that the Ministry of Mines and Energy in Namibia has granted a one year extension for the First Renewal Phase on the Central Area Blocks, (Licence 19, covering Blocks 2...
IPB Petroleum Awarded Permit WA-485-P in Australia
Australia >> 5/20/2013 - IPB Petroleum Limited “IPB” is pleased to announce that the Commonwealth–Western Australia - Offshore Petroleum Joint Authority granted to IPM West Pty Ltd (a wholly owned subsidiary of IPB Petroleum...
Abu Dhabi Faces Tight Deadline to Renew Oil Concession
Abu Dhabi Faces Tight Deadline to Renew Oil Concession United Arab Emirates >> 5/19/2013 - Abu Dhabi’s state oil company is under pressure to take a quick decision on which foreign companies will get concessions in one of the Middle East’s oldest oilfields. ...
Petroceltic to Farm-out Part of Isarene Permit
Algeria >> 5/17/2013 - Petroceltic International plc, the upstream oil and gas exploration and production company focused on North Africa, the Mediterranean and the Black Sea regions today provides an update on its farm-out...
Ministry Launches 2013 Trinidad & Tobago Bid Round
Trinidad and Tobago >> 5/17/2013 - The Ministry of Energy and Energy Affairs (MEEA) formally launched the 2013 Trinidad and Tobago Onshore Bid Round on May 16th 2013. The opening of the Bid Round was marked by the publishing in the Gaz...
Petrominerales Awarded 3 Blocks in the 11th Bid Round
Brazil >> 5/17/2013 - Petrominerales is pleased to announce that, following the Brazilian 11th Bid Round ("Bid Round"), administered by the Agencia Nacional do Petroleo, Gas Natural e Biocombustiveis of Brazil ("ANP"), we ...
Petrobras Buys the Most Blocks in the 11th Round
Brazil >> 5/16/2013 - Petrobras announces that it acquired the most blocks offered in the 11th Bid Round held by the National Petroleum Agency (ANP). Petrobras bought, whether on its own or in partnerships, 34 of the 289 b...
Gran Announces Successful Acreage Awards in Brazil
Brazil >> 5/16/2013 - Gran Tierra Energy Inc., a company focused on oil exploration and production in South America, announced successful bids on three blocks in the recently completed 2013 Brazil Bid Round administered by...
OGX & MPX Signs an Agreement for 4 Blocks in Round 11
Brazil >> 5/16/2013 - OGX Petroóleo e Gas Participacoes S.A. (“OGX”), the Brazilian oil and gas company responsible for the largest private-sector exploratory campaign in Brazil, announces that it has signed an agreement (...
Salamander Energy Signed PSCs in Indonesia
Indonesia >> 5/16/2013 - Salamander Energy plc announces that it has signed Production Sharing Contracts (PSCs) for the Northeast Bangkanai and West Bangkanai license areas, onshore central Kalimantan, Indonesia. Salamander i...
Premier Awarded 3 Blocks in Brazil’s 11th Round
Brazil >> 5/16/2013 - Premier is pleased to announce that it has been awarded three blocks in Brazil’s 11th Round held in Rio de Janeiro on 14 May. The blocks are located in deep water basins offshore North East Brazil in ...
Pacific Awarded 3 Blocks in 11th Bid Round
Brazil >> 5/16/2013 - Pacific Rubiales Energy Corp. is pleased to announce that it has been awarded three blocks in Brazil’s 11th Bid Round (the “Bid Round”) organized by the Agencia Nacional do Petroleo, Gas Natural e Bio...

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