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Acquisitions and Divestitures News

Predator Oil & Gas Awards New Permit Onshore Morocco
Morocco >> 11/30/2018 - Predator Oil & Gas Holdings Plc (PRD), the Jersey-based Oil and Gas Company, with a portfolio of attractive upstream gas assets adjacent to European gas infrastructure entry points, is pleased to anno...
Discover Exploration Has Farmed Out Comoros PSC to Tullow
Comoros >> 11/29/2018 - Discover Exploration Limited (Discover), an upstream oil and gas company, announces that its wholly-owned subsidiary Discover Exploration Comoros B.V. has signed a binding agreement to farm out a 35% ...
President Energy Provides Acquisition Update in Argentina
Argentina >> 11/28/2018 - President Energy (PPC) provides details on the completion of the acquisition of its interests in the Las Bases and Puesto Prado Concessions, Rio Negro Province, Argentina (President Operator and 90%, ...
Petrobras Sells Stakes in 34 Onshore Fields in Rio Grande do Norte
Brazil >> 11/28/2018 - Petrobras announces that its Board of Directors approved yesterday the full sale of its stake in 34 onshore production fields, located in the Potiguar Basin, in Rio Grande do Norte state, to the compa...
Petrobras Sells Stakes in 3 Shallow Water Fields in Campos Basin
Brazil >> 11/28/2018 - Petroleo Brasileiro S.A.- Petrobras reports that it has signed today with Perenco the contracts for the full sale of Petrobras’ stake in the fields of Pargo, Carapeba and Vermelho, the so-called Polo ...
Completion of Total Farm-Out on Eco's Orinduik Block
Guyana >> 11/28/2018 - Eco (Atlantic) Oil & Gas Ltd (Eco Atlantic) (EOG) is pleased to announce the completion of its Farm-Out Agreement with Total Petroleum's subsidiary Total E&P Activites Petrolieres (Total) on Eco's Ori...
GeoPark Acquires Colombia & Chile Assets from LG International
Colombia >> 11/27/2018 - GeoPark Limited (GPRK) announced an agreement to acquire the LG International Corporation (LGI) interest in GeoPark’s Colombian and Chilean operations and subsidiaries. ...
Venezuela Rejected BP Bid to Buy Total's Stake in Gas Block
Venezuela >> 11/26/2018 - Venezuela’s oil ministry last month turned down a proposal by BP (BP.L) to buy Total’s (TOTF.PA) stake in a promising but inactive natural gas project along the maritime border with Trinidad and Tobag...
ADNOC Awards 10% Stake in Mega Ghasha Gas Project to Wintershall
ADNOC Awards 10% Stake in Mega Ghasha Gas Project to Wintershall United Arab Emirates >> 11/26/2018 - The Abu Dhabi Government and the Abu Dhabi National Oil Company (ADNOC) have added Wintershall Holding GmbH to the Ghasha ultra-sour gas mega project with a 10 per cent stake. The Ghasha Concession co...
OPL 310 Licence Relief from Expiration
Nigeria >> 11/26/2018 - LEKOIL, the oil and gas exploration, development and production company with a focus on Africa, announces that the Company has written to the Federal Ministry of Petroleum Resources for a relief from ...
Vintage Energy Completes Acquisition of 15% Interest in Galilee 'Deeps'
Australia >> 11/26/2018 - Vintage Energy has announced that documentation has been fully executed for the transfer of a 15% interest in the Galilee Basin Deeps Joint Venture (GBDJV) across ATP 743, ATP 744 and ATP 1015 to Vint...
China's CNPC Replacing France's Total in South Pars Gas Project
Iran >> 11/25/2018 - China’s state-owned CNPC has replaced France’s Total in Iran’s multibillion-dollar South Pars gas project, Iranian Oil Minister Bijan Zanganeh said, according to the semi-official news agency ICANA on...
Amerisur Resources Signs $93M Farm-out Agreement with Occidental Andina
Colombia >> 11/23/2018 - Amerisur Resources Plc, the oil and gas producer and explorer focused on South America, has entered into a farm-out agreement with Occidental Andina, LLC, an affiliate of Occidental Petroleum Corporat...
African Petroleum Relinquishes Licences Offshore Sierra Leone
Sierra Leone >> 11/22/2018 - African Petroleum Corporation Limited issues the following update with regards to its two operated licences in Sierra Leone. ...
Amerisur Resources Announces Operational Updates
Colombia >> 11/21/2018 - Amerisur Resources Plc, the oil and gas producer and explorer focused on South America, is pleased to present an update on Corporate and Operational activities in Colombia and Ecuador. ...
Aminex Provides Update on Ruvuma Farm out
Tanzania >> 11/21/2018 - Aminex has announced that, further to the binding agreement signed in July 2018 for the farm-out of 50% of its working interest in the Ruvuma PSA to The Zubair Corporation, the parties have mutually a...
Africa Focused Energy Producer NewAge to Sell Congo Field
Congo >> 11/20/2018 - NewAge is seeking to sell its stake in the Marine XII oil block, a concession off the coast of the Republic of Congo that the Africa-focused energy group jointly owns with Italy’s ENI, two financial s...
Sacgasco Secures Option over Multi-Tcf Sydney Basin Permit
Australia >> 11/19/2018 - Sacgasco has secured an exclusive option to acquire 100% of the issued capital of RL Energy. RL previously signed a Farm-in Agreement dated 2 May 2018 with Asset Energy to earn a 60% Working Interest ...
Ineos in Talks to Buy ConocoPhillips North Sea Assets
United Kingdom >> 11/18/2018 - British petrochemicals company Ineos is in exclusive talks with ConocoPhillips to buy North Sea oil and gas fields worth $3 billion from the U.S. energy company, the Sunday Times newspaper reported, w...
ShaMaran Acquires Larger Stake in Atrush Block
Iraq >> 11/18/2018 - ShaMaran Petroleum Corp. refers to the agreement announced on June 4, 2018 whereby the Company’s wholly owned subsidiary, General Exploration Partners, Inc. (“GEP”), agreed in a sale and purchase agre...

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