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Acquisitions and Divestitures News

Greenland Gas & Oil Announces New Licence Award & Operations Update
Greenland >> 3/20/2019 - Greenland Gas & Oil (‘GGO’) has confirmed the award of a new licence and extension of existing licences, as well as provided details of upcoming operational activities on its Jameson Land acreage loca...
Amerisur Resources Exercises Right of First Refusal to Acquire Put-8 Interest
Colombia >> 3/20/2019 - Amerisur Resources Plc, the oil and gas producer and explorer focused on South America, provides an update on corporate activities in Colombia. ...
Agreement with GOC for Farm-in in the Dussafu License
Gabon >> 3/19/2019 - BW Energy Gabon SA (BWE), a subsidiary of BW Offshore and the operator of the Dussafu license, has entered into an agreement with Gabon Oil Company (GOC) for the acquisition of a 10% interest ...
Nigeria, Sao Tome and Principe, Total Sign Oil Production Sharing Deal
Sao Tome and Principe >> 3/14/2019 - Nigeria, Sao Tome and Principe and Total SA signed an oil production sharing contract on Thursday, according to a joint statement. ...
Qatar Petroleum Acquires Twelve Exploration Blocks in Morocco
Morocco >> 3/13/2019 - Qatar Petroleum entered into an agreement with Eni to acquire a 30% participating interest in the Tarfaya Shallow Exploration Permit, a series of 12 neighboring offshore blocks along the Atlantic coas...
GeoPark Announces New Acquisition & Country Entry into Ecuador
Ecuador >> 3/13/2019 - GeoPark Limited, a leading independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia, Peru, Argentina, Brazil and Chile, announced its...
Qatar Petroleum Signs Agreement to Enter New Exploration Block in Mozambique
Mozambique >> 3/11/2019 - Qatar Petroleum entered into an agreement with Eni to acquire a 25.5% participating interest in block A5A, located in the Angoche basin, offshore the Republic of Mozambique. ...
United Oil & Gas Signs Agreement to Farm in to Block B
Benin >> 3/11/2019 - United Oil & Gas Plc, the oil and gas exploration and development company, is pleased to announce that it has signed an option agreement with Elephant Oil Ltd ("Elephant") to farm in to their Block B ...
ANH & Shell Subscribe Two Exploration & Production Contracts
Colombia >> 3/11/2019 - The national hydrocarbons agency, ANH, and shell subscribe two exploration and production outside agreements with investment commitments of near 100 million dollars in the first phase. ...
Beginning of Binding Phase of Polo Rio Grande do Norte
Brazil >> 3/11/2019 - Petrobras, following up on the Material Fact dated 07/28/2017 and Notice to the Market dated 10/4/2017, announces the beginning of the binding phase of the competitive process for the assignment of al...
Acquisition of Maromba Field Offshore Brazil
Brazil >> 3/8/2019 - BW Offshore has entered into an agreement to acquire 70% of the Maromba field offshore Brazil for a total acquisition cost of USD 90 million from Petrobras. Closing of the acquisition is subject to fu...
Questerre Executes Agreement to Acquire Quebec Assets
Canada >> 3/7/2019 - Questerre Energy Corporation has executed a definitive purchase and sale agreement with a senior exploration and production company to acquire all their assets in Quebec. This follows the letter of in...
SAExploration Announces USD60 million of New Projects in Alaska and Southeast Asia
United States >> 3/7/2019 - SAExploration has announced a combined $60 million of new projects in Alaska and Southeast Asia. ...
Byron Energy Completes South Marsh Island 58 Acquisition
United States >> 3/7/2019 - Byron Energy has closed on the acquisition of South Marsh Island Block 58, SM 58 E1 producing wellbore, and the associated SM69 E Platform and Flowlines, for US$4.25 million dollars, being the price e...
Total Signs Definitive Agreements for Entry into Arctic LNG 2
Total Signs Definitive Agreements for Entry into Arctic LNG 2 Russia >> 3/5/2019 - Total announces that it has signed the definitive agreements with Novatek for the acquisition of a direct 10% interest in Arctic LNG 2, a major liquefied natural gas development led by Novatek on the ...
Doriemus Signs West Kora Oil Field Farmout with Rey Resources
Australia >> 3/5/2019 - Block L15 – Farmin: ...
Independent Oil & Gas Rejects Proposal from RockRose Energy
United Kingdom >> 3/5/2019 - The Board of Independent Oil & Gas has confirmed that it has received and promptly rejected an unsolicited pre-conditional proposal from RockRose Energy in respect of a possible cash offer for the ent...
BW Offshore Contemplating Acquisition of Maromba Field
Brazil >> 3/4/2019 - BW Offshore is contemplating to enter into agreements to acquire 100% of the Maromba field offshore Brazil from the present owners Petrobras (70%) and Chevron (30%). ...
OPL 245 – RDS plc Informed of DPP Preparing to Prosecute
Nigeria >> 3/1/2019 - We have been informed by the Dutch Public Prosecutor’s Office (DPP) that they are nearing the conclusion of their investigation and are preparing to prosecute Royal Dutch Shell plc for criminal charge...
Petrobras Starts Binding Phase for the Sale of Lagoa Parda Cluster
Brazil >> 3/1/2019 - Petrobras, following up on the release dated 12/10/2018, announces the beginning of the binding phase related to the sale of its entire equity share in three onshore production fields (Lagoa Parda, La...

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