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Acquisitions and Divestitures News

Temasek Seeks Keppel Control
Singapore >> 10/21/2019 - Subject to certain Pre-Conditions, Kyanite Investment Holdings Pte. Ltd. (the Offeror), intends to make a Partial Offer to acquire 30.55% of Shares in Keppel Corporation Limited (Keppel) at S$7.35 per...
Ecopetrol Acquires 30% of the Gato do Mato Discovery in Brazil
Brazil >> 10/21/2019 - Ecopetrol S.A. (EC) reports that its subsidiary Ecopetrol Oleo e Gas do Brasil Ltda has entered into an agreement with Shell Brasil Petroleo Ltda. to acquire 30% of the interests, rights and obligatio...
Shell Egypt to Sell Assets in Western Desert
Shell Egypt to Sell Assets in Western Desert Egypt >> 10/20/2019 - Shell Egypt is to market its current onshore upstream assets in the Western Desert in order to fully concentrate on growing its Egyptian offshore exploration and integrated gas business. ...
DTE Midstream Expands Growth Platform with Acquisition of High-Quality Midstream Assets
United States >> 10/18/2019 - DTE Midstream, a non-utility business of DTE Energy (DTE), entered into an agreement to acquire a gathering system and gathering pipeline in the Haynesville shale formation of Louisiana for a purchase...
Petro-Victory Energy Announces ANP Approval for Acquisition of Four Fields
Brazil >> 10/16/2019 - Petro-Victory Energy Corp. (VRY) (Petro-Victory) is delighted to announce that Petro-Victory has received final approval from the Agencia Nacional do Petroleo Gas Natural e Biocombustiveis of Brazil (...
ADNOC Awards Russiaís LUKOIL a Stake in the Ghasha Sour Gas Concession
ADNOC Awards Russiaís LUKOIL a Stake in the Ghasha Sour Gas Concession United Arab Emirates >> 10/15/2019 - The Abu Dhabi Government and the Abu Dhabi National Oil Company (ADNOC) have awarded to a subsidiary of the Russian listed PJSC Lukoil Oil Company (LUKOIL) a five percent stake in the Ghasha ultra-sou...
LUKOIL Enters the Ghasha Project in the UAE
United Arab Emirates >> 10/15/2019 - LUKOIL has acquired a 5 percent share in the Ghasha Concession Agreement from the Abu Dhabi National Oil Company (ADNOC). ...
Sonoro Energy Ltd executes Selat Panjang PSC with Ministry of Energy in Indonesia
Indonesia >> 10/15/2019 - Sonoro Energy Ltd (Sonoro), through a wholly owned subsidiary company, Zamatra Bakau Straits Ltd., along with its Indonesian partner, announce that it has formally executed the Selat Panjang Productio...
Signing of an Agreement to Sell Cepsa's Shares in Medgaz Pipeline
Algeria >> 10/14/2019 - SONATRACH, Cepsa and Naturgy signed an agreement, to sell Cepsa's shares in the Medgaz gas pipeline. ...
Neptune Energy Acquires North Sea Assets from Energean
Norway >> 10/14/2019 - Neptune Energy has entered into a conditional Sale and Purchase Agreement with Energean Oil and Gas to acquire Edison E&Pís UK and Norwegian producing, development and exploration assets for an initia...
Petrobras Awarded Offshore Block in 16th ANP Bidding Round
Brazil >> 10/13/2019 - Petrobras has been awarded one offshore block in the 16th ANP Bidding Round under the Concession Regime, held by the National Agency of Petroleum, Natural Gas and Biofuels (ANP). The company is advan...
Wintershall Dea awarded two blocks in Brazil's 16th bidding round
Brazil >> 10/11/2019 - In Brazilís 16th Bidding Round for oil and gas exploration blocks, Wintershall Dea was awarded two offshore blocks in the Santos and Campos basins with its partners Chevron and Repsol. ...
INPEX Signs Amendment & Extension to the PSC for Abadi LNG Project
Indonesia >> 10/11/2019 - INPEX CORPORATION (INPEX) announced that through its subsidiary INPEX Masela, Ltd, together with its joint venture partner Shell Upstream Overseas Ltd. (Shell), it has signed the Masela Block Producti...
Total Expands Pre-Salt Footprint with New Deep Offshore Exploration License
Brazil >> 10/10/2019 - Total, operator, and its co-venturers Qatar Petroleum and Petronas have won the C-M-541 deep offshore block in the 16th Bidding Round held by Brazilís National Petroleum Agency (ANP). The acreage is l...
Solo Oil Entered into Binding SPA to Acquire Assets in North Sea
Netherlands Antilles >> 10/9/2019 - Solo (SOLO), is pleased to announce that its wholly owned subsidiary, Scirocco (Netherlands) Energy B.V., has entered into a binding sale and purchase agreement (SPA) with ONE-Dyas B.V. (ONE-Dyas) to ...
New Licence Partner for Wintershall Dea in Brazilís Potiguar Basin
Brazil >> 10/9/2019 - Wintershall Dea farms down a 30% participating interest in its three Potiguar offshore exploration blocks POT-M-857, POT-M-863 and POT-M-865 to the subsidiary of Murphy Oil Corporation in Brazil - Mur...
QP Assumes Operatorship of the Idd El-Shargi North Dome & Idd-El Shargi South Dome Fields
QP Assumes Operatorship of the Idd El-Shargi North Dome & Idd-El Shargi South Dome Fields Qatar >> 10/7/2019 - Qatar Petroleum assumed the management and operatorship of the Idd El-Shargi North Dome (ISND) and Idd El-Shargi South Dome (ISSD) offshore oil fields, following the expiry of the development and prod...
Abu Sennan Transaction Update
Abu Sennan Transaction Update Egypt >> 10/7/2019 - Rockhopper Exploration plc (RKH), the oil and gas exploration and production company with key interests in the North Falkland Basin, is pleased to provide the following progress update in relation to ...
Chevron Acquires 40% Stake in 3 Mexico Deepwater Blocks from Shell
Mexico >> 10/7/2019 - Chevron signed an agreement with a unit of Royal Dutch Shell to acquire a 40% stake in three deepwater blocks in the Mexican Gulf that the Anglo-Dutch firm won in auctions under the nationís energy re...
Columbus & Staatsolie Sign PSC for Weg Naar Zee Block, Onshore Suriname
Suriname >> 10/4/2019 - Columbus, the oil and gas producer and explorer with operations onshore Trinidad, is pleased to announce the signature of a Production Sharing Contract with Staatsolie Maatschappij Suriname N.V (Staat...

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