Gulf Oil and Gas accountACCOUNT

Acquisitions and Divestitures News

Tullow's Key Uganda Deal in Final Stages
Uganda >> 9/13/2011 - London-based explorer Tullow Oil's long-running deal to bring France's Total and China's CNOOC into a $10 billion oil project in Uganda is near its conclusion, the east African country's energy minist...
OGX Acquires Participation in Block in the Parnaiba Basin
Brazil >> 9/12/2011 - OGX announced the acquisition, through its subsidiary, OGX Maranhao Petroleo e Gas Ltda., of a 50% stake in the onshore exploratory block, PN-T-102, in the Parnaiba Basin in the state of Maranhao. The...
Acquisition of Interest in Oil Block OPL 2012 in Nigeria
Nigeria >> 9/12/2011 - The Blacksands Pacific Group, Inc including affiliates and subsidiaries announces that it has entered into an Agreement with Sigmund Oilfields Limited and Grasso Consortium consisting of Grasso Nigeri...
ADX Buys Back a further 10% Interest in Lambouka
Tunisia >> 9/9/2011 - ADX Energy Ltd is pleased to announce a Sale and Purchase Agreement has been executed to buy back a further 10% interest in the Lambouka Prospect Area in the Kerkouane Permit from PharmAust Limited an...
Aminex Announces Reorganisation of Ruvuma PSC
Tanzania >> 9/8/2011 - Aminex PLC announces important changes in the Ruvuma Basin Production Sharing Agreement (PSA), onshore and offshore Tanzania. Aminex and its partners, Tullow Oil and Solo Oil, have executed an assignm...
BP Completes Sale of 5 African Marketing Businesses
Tanzania >> 9/8/2011 - BP has completed the sale to Puma Energy of its fuels marketing businesses in Namibia, Botswana, Zambia, Malawi and Tanzania. The sale of the final business in Tanzania completed on September 1. ...
Halliburton Enters into Agreement to Buy Multi-Chem
United States >> 9/6/2011 - Halliburton has entered into a definitive agreement to acquire Multi-Chem Group, LLC (Multi-Chem). Founded in 1993, Multi-Chem is a leading provider of oilfield production and completion chemicals and...
Shell Sells Stake in Gas Transport System to Infragas
Norway >> 9/1/2011 - A/S Norske Shell (Shell) has entered into a binding agreement to sell its interests in natural gas transport infrastructure joint venture Gassled to Infragas Norge AS for NOK 3,925 million (USD 730 mi...
Gazprom Neft Acquires Deposit in Orenburg Region
Russia >> 9/1/2011 - The Gazprom Neft Group has acquired 100% of ZAO Centre of Science-Intensive Technologies, which holds exploration and production licenses for hydrocarbons in the Tsarichanskoye field – the largest of ...
NOVATEK Granted Four New License Areas
Russia >> 8/30/2011 - OAO NOVATEK announced that its subsidiary OOO NOVATEK- Yurkharovneftegas was granted four new license areas for exploration and production in the Yamal-Nenets Autonomous Region based on a ruling by th...
Maersk Oil Buys 20% Interest in HKN Energy
Iraq >> 8/26/2011 - Maersk Oil, a fully owned subsidiary of the A.P. Moller – Maersk Group, has acquired a 20% shareholding in HKN Energy Ltd., a subsidiary of U.S.-based Hillwood International Energy, whose sole asset i...
LG Chem Signs $4 Bln Kazakh Petrochem Deal
Kazakhstan >> 8/25/2011 - LG Chem, South Korea's largest chemical company, signed a deal worth at least $4 billion to develop a large petrochemical complex in Kazakhstan it says will rival Middle Eastern suppliers. ...
Republic of Chad Issues Presidential Decree of ERHC’s PSC
Chad >> 8/23/2011 - ERHC Energy Inc, a publicly traded American company with oil and gas assets in West and Sub-Saharan Africa, announced that the Government of the Republic of Chad has formally issued the Decree of Appr...
Farm Down of Interest in Block H, Offshore Equatorial Guinea
Equatorial Guinea >> 8/18/2011 - Roc Oil (Equatorial Guinea) Company, a wholly owned subsidiary of ROC, has agreed to farm down its interest in Block H, offshore Equatorial Guinea, to White Rose Energy Ventures (Equatorial Guinea) Li...
Winstar to Farmout 50% of its Interest in Sabria Concession
Tunisia >> 8/18/2011 - Winstar Resources Ltd is pleased to announce that it has executed a Memorandum of Understanding (MOU) with a privately held European exploration and production company (“Privateco”) to farmout for cas...
Petroceltic Update in Algeria, June 2011
Algeria >> 8/16/2011 - The Company's operational focus continues to be in Algeria through the ongoing appraisal of the world class Ain Tsila discovery and the introduction of an outstanding new partner to the Isarene PSC ("...
Total Wins Tanzania Oil and Gas Exploration Bid
Tanzania >> 8/16/2011 - Tanzania has awarded oil and gas exploration rights for the northern side of Lake Tanganyika to a subsidiary of French energy company Total SA , its state-run petroleum agency said. ...
Vast Sells 12% Interest in Qara Dagh Block
Iraq >> 8/15/2011 - Vast Exploration Inc. announces that it has entered into a purchase and sale agreement to sell 12% of the Company's interest in the Qara Dagh Block in the Kurdistan region of Iraq to Niko Resources (K...
Nigeria's NNPC to Reduce its Stake in Brass LNG
Nigeria >> 8/15/2011 - Nigeria's state-oil company NNPC said it will reduce its stake in the long-delayed Brass Liquefied Natural Gas (LNG) project to 30 percent, from its current 49 percent, to secure much-needed investmen...
ADX Buys Back 20% Interest in Lambouka
Tunisia >> 8/12/2011 - ADX Energy Ltd is pleased to announce a Sale and Purchase Agreement has been executed to buy back a 20% interest in the Lambouka Prospect Area in the Kerkouane Permit from Carnavale Resources Limited ...

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 © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.