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Acquisitions and Divestitures News

LUKOIL Enters the Ghasha Project in the UAE
United Arab Emirates >> 10/15/2019 - LUKOIL has acquired a 5 percent share in the Ghasha Concession Agreement from the Abu Dhabi National Oil Company (ADNOC). ...
Signing of an Agreement to Sell Cepsa's Shares in Medgaz Pipeline
Algeria >> 10/14/2019 - SONATRACH, Cepsa and Naturgy signed an agreement, to sell Cepsa's shares in the Medgaz gas pipeline. ...
Neptune Energy Acquires North Sea Assets from Energean
Norway >> 10/14/2019 - Neptune Energy has entered into a conditional Sale and Purchase Agreement with Energean Oil and Gas to acquire Edison E&Pís UK and Norwegian producing, development and exploration assets for an initia...
Petrobras Awarded Offshore Block in 16th ANP Bidding Round
Brazil >> 10/13/2019 - Petrobras has been awarded one offshore block in the 16th ANP Bidding Round under the Concession Regime, held by the National Agency of Petroleum, Natural Gas and Biofuels (ANP). The company is advan...
INPEX Signs Amendment & Extension to the PSC for Abadi LNG Project
Indonesia >> 10/11/2019 - INPEX CORPORATION (INPEX) announced that through its subsidiary INPEX Masela, Ltd, together with its joint venture partner Shell Upstream Overseas Ltd. (Shell), it has signed the Masela Block Producti...
Wintershall Awarded 2 Blocks in Brazil's 16th Bidding Round
Brazil >> 10/11/2019 - In Brazilís 16th Bidding Round for oil and gas exploration blocks, Wintershall Dea was awarded two offshore blocks in the Santos and Campos basins with its partners Chevron and Repsol. ...
Total Expands Pre-Salt Footprint with New Deep Offshore Exploration License
Brazil >> 10/10/2019 - Total, operator, and its co-venturers Qatar Petroleum and Petronas have won the C-M-541 deep offshore block in the 16th Bidding Round held by Brazilís National Petroleum Agency (ANP). The acreage is l...
New Licence Partner for Wintershall Dea in Brazilís 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 nationís 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...

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