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Acquisitions and Divestitures News

New Licence Partner for Wintershall Dea in Brazil’s 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...
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 ...
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...
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 nation’s energy re...
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 ...
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...
INPEX Sells All Interests in Frade Oil Field in Brazil
Brazil >> 10/3/2019 - INPEX CORPORATION (INPEX) announced that it has sold all the interests held through INPEX Offshore North Campos Ltd. (INPEX Campos) to PetroRio, an independent Brazilian oil and natural gas company, t...
Tower Resources Provides Update on Namibia Farm out
Namibia >> 10/3/2019 - Tower Resources plc, the AIM-listed oil and gas company with a focus on Africa, is pleased to provide an update on activity in respect of blocks 1910A, 1911 and 1912B in Namibia (the "Namibian Blocks"...
Acquisition of Interest in Frade Field
Brazil >> 10/2/2019 - Petro Rio S.A., in accordance with art. 26 of the Novo Mercado Regulation, and in addition to the Material Facts of October 29, 2018, January 30, 2019, February 13, 2019 and March 25, 2019, informs it...
The Carlyle Group Launches Boru Energy With Oil Industry Veterans Aidan Heavey and Tom Hickey
Angola >> 10/1/2019 - Global investment firm, The Carlyle Group has agreed to partner with Aidan Heavey and Tom Hickey, through Boru Energy, a new platform that will target acquisitions of oil & gas assets across Sub-Sahar...
Mitsubishi-Hitachi Metals Machinery to Acquire Siemens' Stake in Primetals Technologies
Japan >> 10/1/2019 - Mitsubishi-Hitachi Metals Machinery (MHMM) - an MHI group company - and Siemens AG reached agreement on September 30, 2019, that MHMM will acquire Siemens' 49 percent stake in Primetals Technologies. ...
FAR Obtains Additional 10% Interest in Gambian Blocks
Gambia >> 10/1/2019 - FAR Limited has acquired an additional 10% interest in the highly prospective offshore Blocks A2 and A5 offshore The Republic of The Gambia, giving FAR a 50% working interest and the Company retains O...
Petrobras Signs Contracts for Sale of Onshore Fields in Potiguar Basin
Brazil >> 9/30/2019 - Petrobras signed with the company Central Resources do Brasil Producao de Petroleo Ltda., Contracts for the sale of its entire stake in the Ponta do Mel and Redonda land fields, located in the state o...
Total Closes the Acquisition of Anadarko’s Shareholding in Mozambique LNG
Mozambique >> 9/30/2019 - Total announces the closing of the acquisition of Anadarko’s 26.5% operated interest in the Mozambique LNG project for a purchase price of $ 3.9 billion. ...
Sempra Energy Announces Agreement to Sell Stake in Luz del Sur in Peru
Peru >> 9/30/2019 - Sempra Energy (SRE) has entered into an agreement to sell its equity interests in its Peruvian businesses, including its 83.6% stake in Luz del Sur S.A.A. (Luz del Sur), to China Yangtze Power Interna...
Oilex Acquires Major Cooper-Eromanga Acreage Position from Senex Energy
Australia >> 9/29/2019 - Oilex has entered into a binding term sheet with Senex Energy and certain of its related entities to acquire all of Senex's interest as operator in 27 Petroleum Retention Licenses in the Northern Oil ...
Diversified Gas & Oil Completes Acquisition of Natural Gas Gathering Systems
United States >> 9/27/2019 - AIM-listed Diversified Gas & Oil, the U.S. based owner and operator of natural gas, natural gas liquids, and oil wells as well as midstream assets, confirms that further to the announcement made by th...
Andalas Energy & Power Provides Operations Update on Betun Selo KSO
Indonesia >> 9/27/2019 - Andalas Energy and Power has announced an operations update on the Betun Selo KSO, in which it has a production interest further to the agreement announced on 21 June 2019. The Company is currently un...
Var Energi Acquires ExxonMobil’s Upstream Assets in Norway
Var Energi Acquires ExxonMobil’s Upstream Assets in Norway Norway >> 9/26/2019 - Var Energi AS, owned by Eni and HitecVision, has signed an agreement with ExxonMobil to acquire its upstream assets in Norway. The transaction includes ownership interests in more than 20 producing fi...
Proposed Acquisition of Assets in the Dutch & UK Southern North Sea
United Kingdom >> 9/25/2019 - Hague and London Oil plc, the oil and gas company with a diverse portfolio of production, development, appraisal, exploration and infrastructure assets primarily focused on the Southern North Sea, is...

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