Gulf Oil and Gas accountACCOUNT

Acquisitions and Divestitures News

Algeria to Block Sale of Assets to Total
Algeria >> 12/4/2019 - Algeria’s state-owned Sonatrach will block Occidental Petroleum’s (OXY.N) deal to sell Anadarko assets in Algeria to Total, Algeria’s energy minister told state news agency APS. ...
Transfer of Wisting Operatorship to Equinor
Norway >> 12/2/2019 - Equinor and OMV have agreed on transferring the operatorship for the Wisting license and development phase in the Barents Sea as of 1 December. ...
Red Emperor Signs Option Agreement to Acquire Large Offshore Block in North Perth Basin
Australia >> 12/2/2019 - The Board of Red Emperor Resources NL, the natural resource exploration company, is pleased to announce that a binding Letter of Intent ("LOI") has been entered into with Pilot Energy Limited and Key ...
OGA Approves Transfer of Saltfleetby Licence and Operatorship
United Kingdom >> 12/2/2019 - Angus Energy plc is pleased to announce that the Oil and Gas Authority has given its consent to the assignment of a 51% share in Saltfleetby Energy Limited’s interest in the Saltfleetby Field (the “Fi...
Hocol Acquires Chevron's Interest in Chuchupa & Ballena Fields
Colombia >> 11/28/2019 - Hocol has acquired Chevron's interest in the Chuchupa and Ballena fields located in the department of La Guajira in Colombia. The fields are operated by Chevron through the Guajira Association Contrac...
Petrobras Signs Contract for Sale of Frade Field
Brazil >> 11/28/2019 - Petrobras signed with PetroRio Jaguar Petroleo Ltda., subsidiary of Petro Rio S.A. (“PetroRio”), a contract for the sale of 30% stake in the Frade concession, located in the Campos Basin, north coast ...
TOTAL Withdraws from Providence's FEL 2/19
Ireland >> 11/28/2019 - Providence Resources P.l.c., the Irish based Energy Company, provides a Licence Update on Frontier Exploration Licence (“FEL”) 2/19. FEL 2/19 is located in the southern Porcupine Basin, offshore Irela...
Disposal of Capricorn Norge AS
Norway >> 11/27/2019 - Cairn announces that it has entered into an agreement to dispose of the entire share capital of Capricorn Norge AS, the company’s wholly owned subsidiary in Norway. ...
Apache Awarded SP2 Offshore Block in Dominican Republic's 1st Oil & Gas Licensing Round
Dominica >> 11/27/2019 - The Dominican Republic First Oil and Gas Licensing Round has been concluded with the award to Apache Dominican Republic Corporation, LDC subsidiary of Apache Corporation, of the SP2 block offshore in ...
Amerisur Resources Awarded Block PUT-36 in Colombia
Colombia >> 11/27/2019 - Amerisur Resources Plc (Amerisur), the oil and gas producer and explorer focused onshore Colombia (AMER), announces a portfolio update. ...
Grant of License Extensions to UK Offshore Licenses P1929 and P2304
United Kingdom >> 11/27/2019 - Egdon Resources plc (EDR) is pleased to advise that the Oil and Gas Authority (OGA) has granted licence extensions to UK offshore licences P1929 and P2304. Egdon’s subsidiary, Egdon Resources U.K. Lim...
Wolgodeminoil Wins a New Exploration Licence in Southern Russia
Russia >> 11/26/2019 - Wolgodeminoil, a joint venture of Wintershall Dea and RITEK, which is a subsidiary of LUKOIL, successfully participated in the auction for the Severo-Belokamennoye licence area. The auction was held i...
Regal Petroleum Enters MoU for Potential Acquisition of Assets
Ukraine >> 11/26/2019 - Regal Petroleum plc has entered into a Memorandum of Understanding for the acquisition of PJSC Science and Production Concern Ukrnaftinvest ("UNI"), which holds the Belolisky and Alibeysk-Trapivska pr...
VAALCO Announces Update at Equatorial Guinea
Equatorial Guinea >> 11/26/2019 - VAALCO Energy, Inc. provided an update on Equatorial Guinea. VAALCO Energy Mauritius (EG) Limited (“VAALCO EG”), a subsidiary of the Company, currently holds a 31% participating interest in Block P, l...
10 Years Extension of PSC for Ravva Oil & Gas Field
India >> 11/25/2019 - Marubeni Corporation (Marubeni) is pleased to announce that its wholly owned subsidiary, Ravva Oil (Singapore) Pte Ltd together with other Joint Venture partners have agreed with the Government of In...
Petro-Victory Acquires 3 Oil Fields in the Espirito Santo Basin
Brazil >> 11/25/2019 - Petro-Victory Energy Corp. has acquired a 50% working interest in 3 onshore oil fields in the Espirito Santo Basin, Brazil for total consideration of USD 4,686,223. Petro-Victory has paid a 7.5% depos...
ATP2021 JV Farm-In to PRL 211 in Cooper/Eromanga Basin
Australia >> 11/22/2019 - The Board of Metgasco Ltd is pleased to announce that the ATP2021 JV (Metgasco 25% owner) has executed a term sheet with a 90 day exclusivity period to negotiate a binding farm-in agreement with a sub...
Hibiscus Petroleum Acquires Producing Assets in Southeast Asia
Malaysia >> 11/21/2019 - Hibiscus Petroleum Berhad (HIBI) released a Corporate and Business Update outlining the Group’s targets and initiatives as well as operational updates in conjunction with the release of its quarterly ...
ONE-Dyas Reaches Agreement to Extend Its Participation in Kowe Project
Gabon >> 11/21/2019 - ONE-Dyas has successfully concluded its negotiations with the Gabonese authorities in relation to its interest in the Kowe block. As a result, ONE-Dyas will hold rights until end of production in 2036...
President Energy Announces Completion of Angostura Acquisition
Argentina >> 11/20/2019 - President Energy (PPC) announces that, further to the announcement dated 21 October 2019, the acquisition of the Angostura exploration contract in Rio Negro Province, Argentina (the Acquisition) from ...

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.