Gulf Oil and Gas accountACCOUNT

Acquisitions and Divestitures News

Indonesia Keen on Joining Iran Upstream Projects
Iran >> 12/5/2016 - Indonesian companies are interested to join upstream projects in Irans oil industry in fields like Ab Teymour and Mansouri oilfields, said Chairman of the Peoples Consultative Assembly (MPR) of Indone...
Murphy Oil & Partners Award of Deepwater Block in Mexico
Mexico >> 12/5/2016 - Murphy Oil Corporation (MUR) announced that a joint venture led by its Mexican subsidiary, Murphy Sur, S. de R.L. de C.V., was the high bidder and is expected to be awarded Block 5 during Mexico's fou...
Rosneft Board to Discuss Buying Stake in Shorouk Concession
Rosneft Board to Discuss Buying Stake in Shorouk Concession Egypt >> 12/5/2016 - The board of Russia's Rosneft plans to discuss buying a stake of up to 35 percent in the Shorouk concession, offshore Egypt, the company said. ...
Egypt Accepts Six Bids for Oil and Gas Exploration
Egypt Accepts Six Bids for Oil and Gas Exploration Egypt >> 12/2/2016 - Egypt has accepted six bids for oil and gas exploration worth a total investment of up to $200 million, the Ministry of Petroleum said. ...
Apex International Energy Awarded First Blocks in Egypt
Apex International Energy Awarded First Blocks in Egypt Egypt >> 12/2/2016 - Apex International Energy, an independent oil and gas exploration and production company focused on Egypt, is pleased to announce that it has been awarded Blocks 8 and 9 by the Egyptian General Petrol...
GeoPark Announces Morona Block Approval in Peru
Peru >> 12/1/2016 - GeoPark Limited (GPRK) announced it has obtained final regulatory approval for its acquisition of the Morona Block in Peru. ...
SOCAR Did Not Extend the Term of the Privatization Tender for 66% of DESFA
Azerbaijan >> 12/1/2016 - SOCAR, Hellenic Republic Asset Development Fund S.A and Hellenic Petroleum S.A. did not extend the term of the privatization tender for 66% of Hellenic National Natural Gas System Operator S.A. (DESFA...
Melbana Energy Gets WA-488-P Licence Extension
Australia >> 12/1/2016 - Melbana Energy, formerly known as MEO Australia, has been notified by the National Offshore Petroleum Titles Administrator ('NOPTA') of the approval of its application to vary the WA-488-P (Melbana 10...
Centrica Sells Trinidad and Tobago Gas Assets to Shell
Trinidad and Tobago >> 11/30/2016 - Centrica plc has agreed to sell its entire portfolio of gas assets in Trinidad and Tobago to Shell Exploration and Production for an initial cash consideration of $30 million (£24 million). The assets...
Ancala to Acquire SAGE Interest from Apache
United Kingdom >> 11/30/2016 - Ancala Midstream Acquisitions has agreed to terms to acquire Apache’s interest in the Scottish Area Gas Evacuation system (‘SAGE’) and Beryl pipeline. Ancala Midstream will acquire Apache’s 30.28 perc...
Investment in Canada, Farm-out and Fundraising
Canada >> 11/30/2016 - Northern Petroleum, the AIM quoted oil company focusing on production led growth, has agreed to divest interests in its assets, as detailed below, to High Power Petroleum LLC (H2P), for a consideratio...
Africa Energy Acquires Interest in Offshore Namibia Block
Namibia >> 11/29/2016 - Africa Energy Corp. (Africa Energy) has entered into a farmout agreement (the "Farmout Agreement") with a subsidiary of Pancontinental Oil & Gas N.L. (Pancontinental) pursuant to which the Company wil...
Nostra Terra Completed Acquisition of 80% in Pine Mills Field
United States >> 11/29/2016 - Nostra Terra (NTOG) is pleased to announce the acquisition of an 80% Working Interest in certain oil and gas interests comprising the Pine Mills oil field (Pine Mills) and associated assets in Wood Co...
Maha Energy Completed Acquisitions Of Tartaruga Field
Brazil >> 11/29/2016 - Maha is pleased to announce that the Agência Nacional do Petroleo, Gas Natural e Biocombust?veis (ANP) has provided confirmation that no additional approvals are required from ANP for Maha to proceed ...
Qatar Navigation's Purchase of Al Shaheen Stake Delayed
Qatar >> 11/29/2016 - Qatar Navigation's purchase of Qatar Petroleum's stake in oilfield services firm Al Shaheen Holding has been delayed, the chairman of the shipping firm known as Milaha told Reuters. ...
Energean Secures Exploitation License for West Katakolon Offshore Block
Greece >> 11/29/2016 - The Greek Ministry of Energy and Energean Oil & Gas have agreed the conversion of the exploration licence for the proven West Katakolon offshore field to a 25-year exploitation licence with immediate ...
Eni Aiming to Cut Stake in Egypt's Zohr Offshore Gas Find to 50%
Eni Aiming to Cut Stake in Egypt's Zohr Offshore Gas Find to 50% Egypt >> 11/28/2016 - Italian oil and gas company Eni is in talks with various parties to cut its stake in the giant Zohr gas field offshore Egypt to 50 percent, Chief Executive Claudio Descalzi said. ...
Shell Considering Selling its Iraq Oil Assets
Iraq >> 11/28/2016 - Royal Dutch Shell is considering selling out of its oil fields in Iraq as part of its global $30 billion asset disposal program, industry sources said. Shell is seeking to slim down its vast oil and g...
BP Acquire Interests in the Jock Scott & Craster North Sea Exploration Prospects
United Kingdom >> 11/28/2016 - BP announced today that it has acquired interests in two North Sea exploration prospects, Jock Scott and Craster, in a further demonstration of the organisation’s commitment to the basin. ...
Gran Tierra Won Two Acquisitions in Ecopetrol 2016 Round
Gran Tierra Won Two Acquisitions in Ecopetrol 2016 Round Colombia >> 11/28/2016 - Gran Tierra Energy Inc. (GTE) is pleased to announce that the Company submitted winning bids totaling a combined $30.4 million for two blocks which Ecopetrol S.A. (Ecopetrol), Colombia's national oil ...

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.