Acquisitions and Divestitures News in Nigeria
| 3/28/2014 - Oando Energy Resources Inc, a company focused on oil and gas exploration and production in Nigeria, announced that, further to its press releases dated December 20, 2012, September 16, 2013, November ... |
| 3/4/2014 - Commodity trader and miner Glencore confirmed its interest in buying oil assets that oil major Shell is selling in Nigeria. ... |
| 3/3/2014 - Oando Energy Resources Inc, a company focused on oil and gas exploration and production in Nigeria, announced that, further to its press releases dated December 20, 2012, September 16, 2013, November ... |
| 2/12/2014 - Trading houses have been marketing Nigeria's crude oil and importing fuel there for decades. New upstream acquisitions would help cement their relationship with Africa's biggest oil producer, a key su... |
| 1/27/2014 - A Nigerian court upheld an order barring Chevron from selling its onshore assets until a legal dispute with local firm Brittania-U is resolved, Brittania-U's lawyers said outside the court. Brittania-... |
| 1/13/2014 - Chevron faces delays in closing sales of oil blocks in Nigeria worth up to $1 billion because of legal disputes involving potential buyers, industry sources say, highlighting a risk other oil majors c... |
| 12/24/2013 - Oando Energy Resources Inc., a company focused on oil and gas exploration and production in Nigeria, announced that it has entered into a second facility agreement (Second Facility Agreement) with Oan... |
| 12/18/2013 - Nigerian energy firm Oando is offering 30.75 billion naira ($193 mln) in shares to help it buy ConocoPhillips' assets in Nigeria, bankers close to the deal told Reuters. ... |
| 12/12/2013 - On 31 October 2013, Brady was continuing to work towards the acquisition of the entire issued share capital of EER, a UK incorporated company with oil and gas interests in Nigeria. The proposed acqui... |
| 11/20/2013 - CAMAC Energy Inc announced that it has entered into a definitive agreement to acquire the remaining economic interests that it does not currently own in the production sharing contract covering Oil Mi... |
| 10/11/2013 - Stetson Oil & Gas Ltd, a Forbes & Manhattan Energy Group Company, reports that it has elected to extend the term of the exclusive option agreement (the "Option Agreement") entered into with a private ... |
| 10/10/2013 - Shell Nigeria is putting up for sale four onshore Niger Delta oil blocks with a combined production of around 70,000 barrels per day (bpd), two industry sources said, the latest move by an oil major t... |
| 9/24/2013 - Chevron Corp will receive bids on September 30 from prospective buyers of three oil blocks in the Niger Delta, with several local Nigerian firms in the running, industry sources told Reuters. ... |
| 9/5/2013 - Nigeria's state oil company warned investors interested in three shallow water oil blocks offered for sale by Chevron that buyers may lose the right to operate them. ... |
| 7/31/2013 - Shell will sell at least four more oil blocks in Nigeria in its latest divestment from Africa's top oil exporter, three oil industry sources familiar with the deals said. ... |
| 6/18/2013 - Panoro Energy ASA is pleased to announce that its wholly owned subsidiary Pan Petroleum Aje Limited, has entered into a Sale and Purchase Agreement (the “SPA”) with the Nigerian company Lekoil 113 Nig... |
| 6/12/2013 - Panoro Energy ASA's (the "Company") wholly-owned subsidiary Pan Petroleum Aje Limited has agreed in principle the terms of sale with an undisclosed buyer forits 6.502 % participating interest in the O... |
| 6/11/2013 - Chevron is selling its stake in two Nigerian shallow water oil blocks, the company said, the latest oil major seeking to dispose of assets in Africa's biggest oil producer. ... |
| 5/14/2013 - Afren plc announces the completion of a farm out agreement with Lekoil Limited ("Lekoil") on the OPL 310 licence, located offshore Nigeria, and an update on the exploration drilling programme on the b... |
| 5/9/2013 - Westbridge Energy Corporation announced it has entered into a strategic alliance agreement (the "Agreement") with United Oil and Gas Nigeria Limited ("UOG") to jointly acquire and develop near term pr... |
