Gulf Oil and Gas accountACCOUNT

Acquisitions and Divestitures News

LINN Energy Announces Sale of West Texas Properties for $119.5M
United States >> 2/14/2018 - LINN Energy, Inc. (LNGG) announces that it has signed a definitive agreement to sell its interest in conventional properties located in west Texas to an undisclosed buyer for a contract price of $119....
KPI Signs Agreement to Acquire 50% Ownership of Omani OOC
Oman >> 2/14/2018 - Kuwait Petroleum International (KPI) will sign an agreement to acquire 50 percent share of Oman's Duqm refinery, said oil Minister Eng. Bakheet Al-Rashidi. In a statement to KUNA, Minister Al-Rashidi ...
Woodside to Raise $2.5B to Fund Scarborough Acquisition Projects
Australia >> 2/14/2018 - Woodside Petroleum said it would raise A$2.5 billion ($1.96 billion) from shareholders to fund the purchase of ExxonMobil Corp’s stake in the Scarborough gas field and fund developments in Australia a...
Lion Energy Announces Strategic Review of Assets
Indonesia >> 2/14/2018 - Lion Energy, an ASX listed oil & gas exploration & production company focused on Indonesia, has advised it is undertaking a strategic review of its oil and gas assets. ...
Kuwait Energy Signs Block 9 Farm-out Agreement
Kuwait >> 2/12/2018 - Kuwait Energy plc signed Block 9, Iraq Farm-out Agreement with Dragon Oil (a wholly-owned subsidiary of Emirates National Oil Company Ltd, the national oil company of Dubai). ...
Faroe Petroleum Announces Sale of Interest in PL586 (Fenja) to Suncor Energy Norge
Norway >> 2/12/2018 - Faroe Petroleum has announced that it has executed a transaction with Suncor Energy Norge for the sale of a 17.5% working interest in the Fenja development located in PL586 in the Norwegian Sea. Highl...
Carnarvon Petroleum Awarded New Permit on Western Australia’s North West Shelf
Australia >> 2/12/2018 - Carnarvon Petroleum has informed shareholders that it has been awarded the AC/P63 permit within the Southern Vulcan Sub-basin, on Western Australia’s North West Shelf which will be known as the Eagle ...
Genoil Moves into the MSGBC Basin
Mauritania >> 2/12/2018 - Genoil signed an agreement with CAP Energy to develop oil fields in the MSGBC Basin (Mauritania, Senegal, The Gambia, Guinea Bissau and Guinea Conakry). The project on the North West African Atlantic ...
ONGC-led Consortium Awarded 10% Stake in ADNOC's Lower Zakum Concession
United Arab Emirates >> 2/10/2018 - ONGC Videsh led Indian Consortium has been awarded 10% Stake in Lower Zakum Concession, Offshore Abu Dhabi. The Concession award by the Supreme Petroleum Council (SPC), on behalf of the Abu Dhabi gove...
Proposed Acquisition of Alliance Petroleum Corporation
United States >> 2/9/2018 - AIM-listed Diversified Gas & Oil announced on 31 January 2018 details of the proposed acquisition of certain Appalachian producing gas and oil assets from CNX Gas Company, an NYSE listed energy compa...
WPX Energy Sells San Juan Basin's Gallup Holdings for $700 Million
United States >> 2/6/2018 - WPX Energy has signed an agreement to sell its holdings in the San Juan Basin’s Gallup oil play for $700 million to an undisclosed third party. Closing is expected to occur in the first quarter. The d...
Total Enters Exploration in the Prolific Guyana Basin
Total Enters Exploration in the Prolific Guyana Basin Guyana >> 2/5/2018 - Total has signed agreements to acquire interests into two exploration licenses offshore Guyana, the Canje Block and the Kanuku Block. These agreements come after entering into an option agreement for ...
QP Joins Total as Partner in Block 11B/12B in South Africa
South Africa >> 2/5/2018 - Total has signed an agreement to sell a 25% interest in the Exploration Block 11B/12B, offshore South Africa, to Qatar Petroleum. The transaction remains subject to regulatory approval. ...
AspenTech Acquires Apex Optimisation, Inventors of GDOT
United States >> 2/5/2018 - Aspen Technology, Inc. (AZPN), the asset optimization software company, has acquired Apex Optimisation, a European company specializing in Dynamic Optimization and Advanced Process Control. ...
Botswana CSG Project Tenements Reissued
Botswana >> 2/4/2018 - The directors and management of Strata-X Energy Ltd. are pleased to announce that the Company’s Prospecting Licenses held in the Republic of Botswana, covering the Serowe CSG Project, have been re-iss...
Ophir Energy Awarded Blocks 10 & 12 in Mexico's Offshore Bid Round 2.4
Mexico >> 2/2/2018 - Ophir Energy has announced that, together with its joint venture partners, it has been awarded Block 10 and Block 12 as part of the Mexico offshore bid round 2.4. ...
Eni Acquires Block 24 in Cuenca Salina Basin
Mexico >> 2/1/2018 - Eni and its partner Qatar Petroleum have been awarded rights to Block 24 located in in the deep waters of Cuenca Salina Basin in Mexico. Eni will be Operator of Block 24 with 65% in joint venture with...
INPEX Awarded Exploration License for Block 22
Mexico >> 2/1/2018 - INPEX CORPORATION (INPEX) announced that through its subsidiary INPEX E&P Mexico, S.A. de C.V., it has made a successful joint bid in Mexico's second deep-water exploration bidding round (R2.4) to exp...
Qatar Petroleum Wins 5 Exploration Blocks Offshore Mexico
Qatar Petroleum Wins 5 Exploration Blocks Offshore Mexico Mexico >> 2/1/2018 - Qatar Petroleum has won exploration rights in 5 offshore blocks in Mexico. The winning bids were announced by the National Hydrocarbon Commission of Mexico (CNH) at the conclusion of a public bidding ...
Shell Wins 9 Blocks in Mexico Deep-Water Bid Round
Shell Wins 9 Blocks in Mexico Deep-Water Bid Round Mexico >> 1/31/2018 - In deep-water bid round for the Mexican Gulf of Mexico, Shell Exploracion y Extraccion de Mexico, S.A. de C.V., (Shell) won four exploration blocks on its own, one with its partner Pemex Exploracion y...

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.