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Acquisitions and Divestitures News

Tunisia Acreage Position Increased by 29%
Tunisia >> 4/12/2012 - Africa Hydrocarbons Inc is pleased to announce notification was received from Tunisian authorities that an application to expand the Bouhajla Permit has been accepted and the expansion granted as requ...
CNOOC has Signed PSC with Eni for Block 30/27
China >> 4/11/2012 - CNOOC Limited announced that its parent company, China National Offshore Oil Corporation (CNOOC) has signed a production sharing contract (PSC) with Eni China B.V. (Eni) for the deepwater Block 30/27 ...
Schlumberger’s Agreement to Sell Wilson International
United States >> 4/10/2012 - Schlumberger Limited announced that it has entered into an agreement with National Oilwell Varco, Inc. to sell its Wilson distribution business. Schlumberger acquired Wilson International Inc. as part...
PVR Announces Acquisition of Marcellus Shale Pipeline
United States >> 4/10/2012 - Penn Virginia Resource Partners, L.P. announced that it has signed a definitive agreement to acquire Chief Gathering LLC "Chief Gathering" for $1.0 billion. Chief Gathering, which is owned by Chief E...
Chariot Oil & Gas Awarded Exploration Block C19
Mauritania >> 4/10/2012 - Chariot Oil & Gas Limited, the independent Africa focused oil and gas exploration company, is pleased to announce that its wholly owned subsidiary, Chariot Oil & Gas Investments (Mauritania) Ltd. has ...
Kosmos Signs Three PSCs for Blocks C8, C12, and C13
Mauritania >> 4/9/2012 - Kosmos Energy announced that it has signed three Production Sharing Contracts (PSCs) with the Government of Mauritania for Blocks C8, C12, and C13 offshore Mauritania. The contracts will take effect u...
Taqa to Acquire Interest in Kurdish Power Project
Taqa to Acquire Interest in Kurdish Power Project Iraq >> 4/8/2012 - Abu Dhabi National Energy Co. (TAQA) agreed to acquire a 50 percent stake in a 1,000-megawatt independent power project in Iraq’s Kurdish region. Mass Global Investments Co. is a partner of the govern...
Madagascar Oil Provides Update on Exploration Blocks
Madagascar >> 4/5/2012 - Madagascar Oil is pleased to announce that it has successfully resolved the outstanding issues with the Government of Madagascar surrounding its three exploration blocks ("the Exploration Blocks"). ...
Gazprom Joins Licensed Blocks Offshore Vietnam
Vietnam >> 4/5/2012 - Led by Alexey Miller, Chairman of the Gazprom Management Committee, the Company's delegation made a business trip to the Socialist Republic of Vietnam. The talks were held with Do Van Hau, President a...
Canacol Enters into FOA with Exxonmobil
Colombia >> 4/4/2012 - Canacol Energy Ltd. is pleased to announce that its wholly owned subsidiary, Carrao Energy Sucursal Colombia (Carrao Colombia), has entered into a farm-out agreement (the FOA) with ExxonMobil Explorat...
Total Weighs Stake in Trans-Anatolia Pipeline
Total Weighs Stake in Trans-Anatolia Pipeline Azerbaijan >> 4/3/2012 - Total SA (FP), Europe’s third-largest energy company, may join a pipeline to carry Caspian natural gas across Turkey as the European Union seeks to cut dependence on Russian fuel. ...
Tunisian Hydrocarbons Approved the Farm-In of Dragon Oil
Tunisia >> 4/3/2012 - Cooper Energy Limited is pleased to advise that the Conditions Precedent enabling Dragon Oil Ltd to become a full participating member of the Bargou joint venture in Tunisia are now all satisfied foll...
NDB Energy Commences in Niobrara Play
United States >> 4/3/2012 - NDB Energy, Inc., an emerging independent oil and gas company, announced it has completed the acquisition of Armada Oil, Inc. through a share exchange agreement. ...
ANP Approved the Transfer over the Blocks held by HRT
Brazil >> 4/3/2012 - HRT Participaçoes em Petroleo S.A announces that the Brazilian National Agency of Petroleum, Natural Gas and Biofuels (Agencia Nacional do Petroleo, Gas Natural e Biocombustiveis - ANP) (“ANP”) inform...
Bowleven Completes the Sale of Interest in EOV Permit
Gabon >> 3/30/2012 - Bowleven, the African focused oil and gas company, traded on AIM, announces the completion of the sale of its entire equity interest in the EOV Permit, offshore Gabon, to Perenco SA for a cash conside...
East West Petroleum Signs NELP-IX PSC
East West Petroleum Signs NELP-IX PSC India >> 3/29/2012 - East West Petroleum Corp. is pleased to announce the Company has signed a Production Sharing Contract (PSC) for Block AA-ONN-2010/2 with the Directorate General of Hydrocarbons of India in a signing c...
EnerGulf Receives 2-Year Renewal Period on Block 1711
Namibia >> 3/29/2012 - EnerGulf Resources Inc is pleased to announce the Company has received from the Minister of Mines and Energy of the Republic of Namibia for Block 1711, the second two year renewal period, from March 3...
Kulczyk to Let OML 42 Option Expire
Nigeria >> 3/28/2012 - Kulczyk Oil Ventures Inc announces that KOV and its major shareholder Kulczyk Investments S.A. ("KI") have mutually agreed that it was not in the best interest of either company to continue the option...
BP Sells UK Offshore Gas Fields to Perenco
United Kingdom >> 3/27/2012 - BP announced that it has agreed to sell its interests in its southern gas assets (SGA) in the UK North Sea to Perenco UK Ltd for $400 million in cash. As it continues the active management of its busi...
Roc Oil to Withdraw from Block PEP52181
New Zealand >> 3/23/2012 - Roc Oil (Taranaki) Pty Limited, a wholly owned subsidiary of ROC, has notified joint venture partners of its withdrawal from offshore exploration block PEP52181, located in the Taranaki Basin, New Zea...

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