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Acquisitions and Divestitures News

Eni Signs Sale Agreement with INA for Upstream Activities in Croatia
Croatia (Hrvatska) >> 6/20/2018 - Eni and INA-INDUSTRIJA NAFTE, d.d. have signed an agreement to enable INA-INDUSTRIJA NAFTE, d.d. to acquire 100% of Eni Croatia b.v., that currently produces about 2.5 thousand barrels of oil equivale...
Shell Granted Drilling Permit for Well 6304/3-1 in PL 832
Norway >> 6/19/2018 - The Norwegian Petroleum Directorate has granted Norske Shell a drilling permit for wildcat well 6304/3-1 in production licence PL 832. Well 6304/3-1 will be drilled from the Scarabeo 8 drilling facili...
Aker BP Awarded 6 Licenses in Norway's 24th Licensing Round
Norway >> 6/18/2018 - Aker BP has been offered interests in six new production licenses in Norway, of which two as operator, in the 24th licensing round. All the new licenses are located in the Barents Sea. ...
Vitol-led Group in Talks to Buy Nigeria Assets from Petrobras
Nigeria >> 6/18/2018 - A consortium led by top oil trader Vitol has entered exclusive talks to acquire stakes in Nigerian offshore fields that are held by Brazilís Petrobras and its partners, industry sources said. ...
Petrobras Starts Non Binding Sale of Tartaruga Verde
Brazil >> 6/18/2018 - Petrobras, further to the Material Fact of 04/03/2018 and Press Release of 05/23/2018, informs the beginning of the non-binding phase related to the sale of 50% of its non-operated working interest in...
Petrobras Starts Non Binding Sale of Bauna Field
Brazil >> 6/18/2018 - Petrobras, further to the material fact of 04/03/2018 and press release of 05/23/2018, announces the beginning of the non-binding phase related to the sale of its entire stake in Bauna field (concessi...
Lundin Awarded 3 Licenses in Norway's 24th Licensing Round
Norway >> 6/18/2018 - Lundin Petroleum has announced that its wholly owned subsidiary Lundin Norway has been awarded three exploration licences in the 24th licensing round in Norway. All of the licences are located in the ...
Equinor Completes Acquisition of 25% Interest in Roncador Field
Brazil >> 6/15/2018 - Equinor and Petrobras have completed their transaction announced in December 2017, whereby Equinor has acquired a 25% non-operated interest in the Roncador oil field in Brazilís Campos Basin. This fol...
Ramba Energy Completes Farmout of Participating Interest in the Lemang PSC to Mandala Energy
Indonesia >> 6/13/2018 - Ramba Energy has announced the approval from SKK Migas to the previously announced farmout of a 15% participating interest in the Lemang PSC to Mandala Energy has been obtained on 5 June 2018 and cons...
Byron Energy Won Eugene Island blocks 62, 63, 76 and 77, at Gulf of Mexico
United States >> 6/12/2018 - Byron Energy Limited (Byron) (BYE) is pleased to announce that Byron Energy Inc., a wholly owned subsidiary of the Company, has been advised by the Bureau of Ocean Energy Management (BOEM) that its bi...
Total & Repsol Signed a Contract to Extend the TFT Gas Field License
Algeria >> 6/11/2018 - Sonatrach, Total, Repsol and Alnaft (the National Agency for the Valorisation of Hydrocarbon Resources), have signed a new concession contract for a period of 25 years to extend the exploitation of th...
Equinor, ExxonMobil & Galp Complete Transactions in Block BM-S-8
Brazil >> 6/6/2018 - Equinor and its partners in the Carcara North block, ExxonMobil and Galp, have closed their transactions in neighbouring block BM-S-8 as announced in October and December 2017. ...
Sound Energy Initiates Farmout Process for its Sidi Moktar Onshore Licence
Morocco >> 6/5/2018 - Sound Energy, the Moroccan focused upstream gas company, has announced receipt of Ministerial approval of the Sidi Moktar Onshore Petroleum Agreement awarded to the Company in February 2018 and that, ...
Qatar Petroleum Signs Deal with Exxon for Stake in Argentine Assets
Argentina >> 6/4/2018 - Qatar Petroleum entered into an agreement with US Supermajor, ExxonMobil, to become a 30% equity holder in two ExxonMobil affiliates in Argentina that hold different interests in hydrocarbon licenses ...
Union Jack Oil Acquires Additional Interest in Wressle Discovery
United Kingdom >> 6/4/2018 - Union Jack Oil plc, a UK-focused onshore hydrocarbon production, development and exploration company, has acquired a further 12.5% in the licences PEDL180 and PEDL182 containing the Wressle discovery ...
Egdon Acquires Additional Interest in Wressle and Broughton North
United Kingdom >> 6/4/2018 - Egdon Resources plc has announced the acquisition of an additional 5% interest in PEDL180 and PEDL182, which contain the Egdon operated Wressle oil discovery and Broughton North Prospect, from Celtiqu...
Eni in Process of Reducing Stakes in Mexico & Indonesia Fields
Indonesia >> 5/31/2018 - Italyís oil and gas major Eni is in the process of reducing its stakes in its oilfields in Mexico and Indonesia, Chief Financial Officer Massimo Mondazzi said. ...
Oman Oil Seeks Buyers for Stake in Khazzan Gas Field
Oman >> 5/30/2018 - Oman Oil Co. is planning to sell a 10 percent stake in a key natural gas field in the sultanate amid a review of the state-owned energy producerís options for restructuring its business, according to ...
Trans Mountain Pipeline System Project to Be Sold for C$4.5B
Canada >> 5/29/2018 - Kinder Morgan, Inc. (KMI) announced that the Kinder Morgan Canada Limited (KML) board of directors has agreed to the purchase of the Trans Mountain Pipeline system and the expansion project (TMEP) by ...
Grant of Cooper Basin ATP2020 & ATP2021 by Queensland Government
Australia >> 5/29/2018 - Metgasco Ltd (Metgasco) is pleased to advise that the Company has been notified by the Queensland Government of its grant of Authority to Prospect (ATP) No. 2021 (ATP 2021) and ATP No. 2020 (ATP 2020)...

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