Gulf Oil and Gas accountACCOUNT

Acquisitions and Divestitures News

ConocoPhillips to Sell Barnett Shale Assets for US$305m
United States >> 6/29/2017 - ConocoPhillips has entered into a definitive agreement to sell its interests in the Barnett to an affiliate of Miller Thomson & Partners LLC for $305 million plus net customary adjustments. Proceeds f...
Sale of Jurua Field in Solimoes Basin
Brazil >> 6/29/2017 - Petroleo Brasileiro S.A, Petrobras informs the start of the binding phase regarding the transfer of Petrobras’ stake in the Jurua Field, in the Solimoes Basin. ...
Carrizo Oil & Gas Acquires Delaware Basin for $648 Million
United States >> 6/28/2017 - Carrizo Oil & Gas, Inc. has agreed to acquire Delaware Basin properties from ExL Petroleum Management, LLC (ExL), a portfolio company of Quantum Energy Partners, for $648 million in cash, subject to c...
Lundin Petroleum Sells Brynhild Field Stake to CapeOmega
Norway >> 6/28/2017 - Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that its wholly-owned subsidiary Lundin Norway AS (Lundin Norway) on 27 June 2017 entered into a sales and purchase agreement with CapeOme...
Key Petroleum Completes Cooper Eromanga Basin Asset Acquisition
Australia >> 6/28/2017 - Key Petroleum Limited, via its wholly owned subsidiary Key Cooper Basin Pty Ltd, has completed the acquisition of 100% of Authorities to Prospect ATP 783, ATP 920 and ATP 924 located in the Cooper and...
BOEM Completes Tract Evaluation
United States >> 6/27/2017 - The Bureau of Ocean Energy Management (BOEM) completed its required evaluation to ensure the public receives fair market value for tracts leased in Central Gulf of Mexico Oil and Gas Lease Sale 247, h...
Greece Approves Total- ExxonMobil, Energean Exploration Applications
Greece >> 6/23/2017 - Greece approved applications submitted by a consortium of Total, ExxonMobil and Hellenic Petroleum for oil and gas exploration and drilling off the island of Crete, its energy ministry said. ...
OTTO to Acquire 50% Interest in New Gulf of Mexico Lease
United States >> 6/22/2017 - Otto Energy Limited (Otto) (OEL) is pleased to report that it has elected pursuant to the Participation Agreement between its wholly owned subsidiary, Otto Energy (Louisiana) LLC, and a wholly owned s...
Pandion Energy Acquires All Licenses in Tullow Oil Norge
Norway >> 6/22/2017 - Pandion Energy AS (Pandion Energy) is pleased to announce that the company has been pre-qualified as licensee on the Norwegian Continental Shelf (NCS) and received an approval for the acquisition of a...
Centrica to Sell Langage & South Humber Bank Gas-Fired Power Stations
United Kingdom >> 6/21/2017 - Centrica plc has agreed to sell its operational Langage and South Humber Bank combined cycle gas turbine (CCGT) power stations, with a combined capacity of 2.3GW, to EP UK Investments Ltd (EPUK) for £...
Echo Energy Acquires Interst in Huayco Block
Bolivia >> 6/20/2017 - Echo Energy plc has signed a binding joint evaluation agreement with Pluspetrol Bolivia Corporation SA (Pluspetrol) which positions the Company to secure an 80% operated interest in the Huayco block i...
Occidental Monetises Non-Strategic Permian Resources Acreage
United States >> 6/19/2017 - Occidental Petroleum Corporation has agreed to a number of purchase and sale transactions in the Permian Basin. On a combined basis, these transactions require no net cash outlay and add approximately...
Mexico Awarded Ten Contracts in Shallow Water Auction
Mexico Awarded Ten Contracts in Shallow Water Auction Mexico >> 6/19/2017 - In a public session broadcast live, was made the opening of proposals and declaration of Winning Bidders of the Contracts for the Exploration and Extraction of hydrocarbons, corresponding to Round Two...
European Commission Approves Shell's $3.8b North Sea Sale
United Kingdom >> 6/16/2017 - The European Commission approved Royal Dutch Shell's $3.8 billion sale of North Sea oil and gas assets to private equity-backed Chrysaor. "The Commission concluded that the proposed acquisition would ...
Agreement to Acquire Further 25% of East Ghazalat
Agreement to Acquire Further 25% of East Ghazalat Egypt >> 6/15/2017 - Nostra Terra, the oil and gas exploration and production company with a portfolio of assets in the USA and Egypt, announces that on 14 June 2017 it reached agreement with Echo Energy plc ("Echo") to a...
Receiving Approval for Assignment of Maersk's Interest
United Kingdom >> 6/15/2017 - RockRose Energy PLC is pleased to announce that the OGA has confirmed to RockRose that Maersk Oil North Sea UK Ltd (Maersk) will receive consent from the OGA for the assignment of their interest in li...
Tap Oil Sells Interest in Northern Carnarvon Basin Permit WA-8-L
Australia >> 6/14/2017 - As part of its strategy to realise value from its non core asset portfolio, Tap Oil Limited has entered into a sale and purchase agreement with a private E&P company for the sale of its 20% interest i...
Iran to Sign New Oil Contracts by Year End
Iran >> 6/14/2017 - Deputy Minister of Petroleum said that the condition is ready for signing new oil contracts by the end of this Iranian year (March 20, 2018), with South Pars phase 11, oil layer, and Azadegan field de...
Uganda to Finalise Oil Exploration Deal with Oranto Petroleum
Uganda >> 6/14/2017 - Uganda is set to sign on Thursday two oil production sharing agreements with a Nigerian firm, enabling the company to begin exploration work, the government said. The firm, Oranto Petroleum Internatio...
Wentworth Starts Farmout Process for Tembo-1 Appraisal Asset
Mozambique >> 6/13/2017 - Wentworth, the Oslo Stock Exchange and AIM listed independent, East Africa-focused oil & gas company, is providing an update to shareholders. ...

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.