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Acquisitions and Divestitures News

Abu Dhabi's Masdar Buys 25 pct Stake in Floating Wind Farm in U.K
United Kingdom >> 1/17/2017 - Abu Dhabi green energy firm Masdar has acquired a 25 percent stake in Hywind Scotland, the world's first offshore floating wind farm, it said. Hywind Scotland, a 30 megawatt (MW) pilot wind farm on th...
VNG Norge Wins Two Operatorships & Partnerships in APA 2016
Norway >> 1/17/2017 - The Ministry of Petroleum and Energy announced the Awards in Predefined Areas 2016. VNG Norge has been awarded the following: ...
Norway Awards 56 Production Licences in APA 2016 Licensing Round
Norway >> 1/17/2017 - The Ministry of Petroleum and Energy today offers 29 oil-companies participation in 56 production licenses on the Norwegian Continental Shelf in the Award in Pre-Defined Areas 2016 (APA 2016) licensin...
Statoil Wins 29 New Production Licences on Norwegian Continental Shelf
Norway >> 1/17/2017 - In connection with the Award in Predefined Areas (APA) for 2016 Statoil has been awarded interests in 29 exploration licences on the Norwegian continental shelf (NCS), 16 of these as operator, and 13 ...
Lundin Norway Wins Four Licences in Norwegian Licensing Round
Norway >> 1/17/2017 - Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has been awarded four exploration licence interests in the 2016 Norwegia...
Japan's Inpex to Extend Holding in Abu Dhabi Oilfields
United Arab Emirates >> 1/16/2017 - Inpex Corporation (INPEX) has agreed in principle with the Abu Dhabi National Oil Company (ADNOC) to extend the duration of the joint development of the Satah and Umm Al Dalkh oil fields offshore Abu ...
Anadarko to Sell Eagle Ford Shale Assets for $2.3 Billion
United States >> 1/12/2017 - Anadarko Petroleum Corporation has agreed to sell its Eagle Ford Shale assets in South Texas for approximately $2.3 billion to Sanchez Energy Corporation and Blackstone Group LP. Anadarko's sponsored ...
WPX Increases Delaware Basin Inventory with Bolt-On Acquisition
United States >> 1/12/2017 - WPX Energy has agreed to acquire assets that would increase its Permian operations to more than 120,000 net acres and deepen its drilling inventory of top-tier Delaware locations while enhancing key f...
Statement Regarding Media Speculation
Morocco >> 1/11/2017 - SDX notes the recent media speculation concerning a potential acquisition and material equity fundraising. ...
Renaissance & Lukoil to Develop Amatitlan Oil Block in Mexico
Renaissance & Lukoil to Develop Amatitlan Oil Block in Mexico Mexico >> 1/11/2017 - Renaissance Oil Corp. (Renaissance) (ROE) is pleased to announce that PJSC LUKOIL, one of the world’s largest oil producers, has chosen Renaissance as their partner for the Integrated Exploration and ...
Cooper Energy Completes Acquisition of Victorian Gas Assets
Australia >> 1/10/2017 - Cooper Energy reports the acquisition of the Victorian gas assets of Santos Limited (Santos) announced to the ASX on 24 October 2016 was completed today for all except the 10% interest in the Minerva ...
Frontera Signs Concession Agreement with Government of Moldova
Moldavia >> 1/10/2017 - Frontera Resources Corporation, an independent oil and gas exploration and production company, is pleased to announce that, on 2 January 2017, Frontera Resources International LLC, a fully-owned subsi...
Parsley Energy Acquires Midland Basin & Delaware Basin
United States >> 1/10/2017 - Parsley Energy, Inc. (Parsley or Parsley Energy) has entered into agreements to acquire, in unrelated transactions, certain undeveloped acreage and producing oil and gas properties located adjacent to...
Tullow Agrees a Substantial Farm Down to Total for $900 Million
Uganda >> 1/9/2017 - Tullow Oil plc (Tullow) has agreed a substantial farm-down of its assets in Uganda to Total E&P Uganda B.V. (Total). A Sale and Purchase Agreement with an effective date of 1 January 2017 has been sig...
Approval of the Farm-Out Agreement with Eni in Rabat Deep Offshore
Morocco >> 1/9/2017 - Chariot Oil & Gas Limited, the Atlantic margins focused oil and gas exploration company, reports that the farm-out signed between its wholly owned subsidiary, Chariot Oil & Gas Investments (Morocco) L...
Egyptian and Cypriot Talks to Consolidate Oil & Gas Cooperation
Egyptian and Cypriot Talks to Consolidate Oil & Gas Cooperation Egypt >> 1/6/2017 - Eng. Tarek El Molla Minister of Petroleum and Mineral Resources received Dr. Stelios Nicolaides, Director, Hydrocarbons Service, Ministry of Energy, Commerce, Industry and Tourism. In the presence of ...
SM Energy Sells Non-Operated Eagle Ford Assets for $800m
United States >> 1/3/2017 - SM Energy Company has entered into a definitive agreement with a subsidiary of Venado Oil and Gas, LLC , an affiliate of KKR, for the sale of the Company's third party operated assets in the Eagle For...
Strike Energy Sells US Production Assets
United States >> 12/30/2016 - Strike Energy Limited (Strike) is pleased to provide an update with respect to the sale of the Group’s remaining production assets in the United States.   ...
Freeport-McMoRan Completes Sale of Onshore California Properties
United States >> 12/30/2016 - Freeport-McMoRan Inc. has completed the previously announced sale of its onshore California properties to Sentinel Peak Resources California LLC for $592 million in cash, before closing adjustments. U...
Eni Signs Concession Agreements for Two New Exploration Blocks
Eni Signs Concession Agreements for Two New Exploration Blocks Egypt >> 12/27/2016 - Eni signed two new concession agreements for the North El Hammad and North Ras El Esh, located in the shallow waters in Egyptian Mediterranean Sea, as a result of the EGAS 2015 international bid round...

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