Gulf Oil and Gas accountACCOUNT

Acquisitions and Divestitures News

Petrobras Acquires Exploratory Block in Benin, Africa
Benin >> 2/22/2011 - Petrobras, inform that acquired 50% interest in Block 4, located off the coast of Benin – a country situated on the west coast of Africa -, from Compagnie Béninoise des Hydrocarbures (CBH), a subsidia...
BP to Sell Package of UK Upstream Assets
United Kingdom >> 2/22/2011 - BP announced the intention of selling its interests in a number of operated oil and gas fields in the UK. The assets involved are the Wytch Farm onshore oilfield in Dorset and all of BP's operated gas...
Cooperation Agreement Between Gazprom and Khanty
Russia >> 2/22/2011 - Gazprom headquarters Alexey Miller, Chairman of the Company's Management Committee and Natalia Komarova, Governor of the Khanty-Mansiysk Autonomous Okrug – Yugra signed the Cooperation Agreement for 2...
Po Valley Awarded 2 New Gas Exploration Licences
Italy >> 2/22/2011 - Po Valley Energy Limited has achieved a 38% increase in the area of its gas exploration rights in northern Italy - including licences located in one of the country's former largest onshore gas fields ...
BP to Take a 30 % Stake in 23 Oil and Gas Blocks
India >> 2/21/2011 - Reliance Industries Limited and BP announced a historic partnership between the two companies. Mr. Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited, and Mr. Robert Dudley, ...
Signing Agreement Between Bridge Energy and Total E&P
Norway >> 2/21/2011 - Bridge Energy has signed an agreement with Total E&P Norge AS for the farm-down of 40% working interest in PL554 and PL554B on the Norwegian Continental Shelf. After the transaction, Bridge Energy Nor...
LOTOS EPN Relinquishes its interest in Licence PL 556
Norway >> 2/21/2011 - LOTOS E&P Norge (controlled by LOTOS Petrobaltic S.A., in which the Company holds 99.32% of the share capital) had relinquished its 50% interest in licence PL 556 in the Norwegian Sea, awarded in the ...
Chesapeake Energy to Sell Fayetteville Shale Assets
United States >> 2/21/2011 - Chesapeake Energy Corporation announced it has agreed to sell all of the company's interests in approximately 487,000 net acres of leasehold and producing natural gas properties in the Fayetteville Sh...
Agreement Between Shell, Vitol and Helios
Netherlands/Holland >> 2/19/2011 - Shell announced it has agreed to divest the majority of its shareholding in most of its downstream businesses in Africa to Vitol and Helios Investment Partners for a total consideration of some $1 bil...
OMV Closes Acquisition of Pioneer’s Subsidiaries
Tunisia >> 2/18/2011 - OMV, the leading energy Group in the European growth belt, through its fully owned subsidiary OMV (Tunesien) Production GmbH, completed the acquisition of 100% of the entire issued share capital of Pi...
Sale of Gippsland Basin Permits to Larus Energy
Australia >> 2/18/2011 - Drillsearch Energy Ltd is pleased to announce the sale of its three Gippsland Basin Permits being VIC/P63, VIC/P64 and T/46P held by it's wholly owned subsidiary Great Artesian Oil and Gas Pty Limited...
Cenovus Seeks Another Partner for Oil Sands
Canada >> 2/18/2011 - Cenovus Energy Inc, Canada's No. 2 independent oil exploration and production company, said it's seeking a joint-venture partner to speed development of its Alberta oil sands holdings and boost the va...
ONGC May Get Blocks in Sri Lanka
Sri Lanka >> 2/17/2011 - The Sri Lankan government could award three hydrocarbon blocks in its northern offshore area to the overseas unit of Indian state explorer Oil and Natural Gas Corp, the Mint newspaper reported. ...
Atlas Copco Acquires ABAC Catalunya
Spain >> 2/17/2011 - Atlas Copco’s subsidiary Aire Comprimido Industrial Iberia, S.L., has agreed to acquire certain assets of ABAC Catalunya, a long-serving distributor of ABAC compressors in Northeastern Spain. The acqu...
CNOOC $50m Investment Receives FIRB Clearance
Australia >> 2/17/2011 - Exoma Energy Limited is pleased to advise that China National Offshore Oil Corporation's subsidiary, CNOOC Gas & Power Group Ltd has received clearance from the Australian Treasurer for its $50 millio...
Apache Farms into Origin Energy's Block L8 PSC
Kenya >> 2/16/2011 - Origin Energy Limited, on behalf of its wholly owned subsidiary Origin Energy Kenya Pty Ltd advises that it has reached agreement with a subsidiary of US independent Apache Corporation, to divest a 50...
Tullow Slip on Total Renegotiation on Ugandan Blocks
Uganda >> 2/16/2011 - Shares in Tullow Oil slip 1.7 percent to feature in the FTSE 100 index worst performers list after French oil company Total says it is renegotiating a deal with the company to buy a stake in its Ugand...
Gazprom Acquires a Stake in Elephant Oil Project
Libya >> 2/16/2011 - In the presence of Russian President Dmitry Medvedev and Italian Prime Minister Silvio Berlusconi a Farm-out Agreement for the Elephant project Production Sharing Agreement (PSA) has been signed in Ro...
CAMAC Completed Acquisition of Allied’s Interests
Nigeria >> 2/16/2011 - CAMAC Energy Inc. a U.S.-based energy company engaged in the exploration, development and production of oil and gas, announced that on February 15, 2011, it completed the acquisition of the remaining ...
Gran Tierra Announces Brazil Operations Update
Brazil >> 2/15/2011 - Gran Tierra Energy Inc, a company focused on oil and gas exploration and production in South America, announced an operations update for Brazil. ...

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.