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Acquisitions and Divestitures News

Rosneft Closed the Deal on Acquisition of the Government’s Stake in Bashneft
Russia >> 10/12/2016 - Under the Government of the Russian Federation Decree dated October 10, 2016 Rosneft carried out necessary corporate actions to prepare for and execute the acquisition of the Government’s stake in Bas...
Axens Files Proposal to Acquire Heurtey Petrochem Group
France >> 10/12/2016 - Axens announced today that it has filed a voluntary takeover bid proposal with the AMF (French capital markets authority) to acquire the shares of Heurtey Petrochem (the “Bid”). Axens is a wholly-own...
Clontarf & Petrel Submit Proposed Work Programme for Tano Acreage in Ghana
Ghana >> 10/12/2016 - The Directors of Clontarf are pleased to announce that, further to the announcement of 19th September 2016, a proposed work programme on the Tano acreage offshore Ghana has been submitted to the Ghana...
SOCAR & OMV Petrol Ofisi Agreed on Aliaga Terminal
Azerbaijan >> 10/11/2016 - A group of international investors led by SOCAR, the largest direct foreign investor in Turkey, has reached an agreement with OMV Aktiengesellschaft to acquire the Aliaga Storage Facilities owned by O...
Extension of Contract to Acquire Turkish Oil and Gas Production Companies
Turkey >> 10/11/2016 - Park Place Energy Inc. (PKPL) previously announced it had entered into an agreement to purchase three oil and gas exploration and production companies operating in Turkey. The "Tiway Companies" own in...
Duke Energy Completes Exit of International Business in Deals Valued at $2.4 Billion
Peru >> 10/10/2016 - Duke Energy has reached an agreement to sell its international businesses in Peru, Chile, Ecuador, Guatemala, El Salvador and Argentina to I Squared Capital for approximately $1.2 billion enterprise v...
Terms of Running NIOC Tender Bids Soon to Be Announced
Iran >> 10/10/2016 - Deputy Head of National Iranian Oil Company (NIOC) for Hydrocarbon Source Projects Karim Zobeidi says terms and conditions of running new oil tenders will be announced soon. ...
Harvest Natural Resources Close Sale Of Venezuelan Interests
Venezuela >> 10/7/2016 - Harvest Natural Resources, Inc. has sold all of its Venezuelan interests in a closing that became effective this morning. The closing occurred in accordance with Harvest's previously announced share p...
Lukoil Takes Part in Building New Bulk Fuel Installations
Russia >> 10/6/2016 - OOO LUKOIL-AERO (a fully owned subsidiary of JPSC LUKOIL’s) and AO Aeroport Sheremetyevo have kicked off a joint project to build bulk fuel installations in the territory of Sheremetyevo International...
Jersey Oil and Gas plc Completes Farm-out to Statoil
United Kingdom >> 10/6/2016 - Jersey Oil & Gas, an independent upstream oil and gas company ?focused on the UK Continental Shelf region of the North Sea, is pleased to announce that, further to the announcement of 23 August 2016, ...
Russian Government Tells Rosneft Board to Approve Bashneft Purchase
Russia >> 10/6/2016 - The Russian government instructed the board of state oil firm Rosneft to approve the purchase of a 50.1 percent stake in smaller oil firm Bashneft for a price not higher than 330 billion roubles ($5.3...
Sale of Bauna and Tartaruga Verde Fields
Brazil >> 10/6/2016 - Petrobras announces that it is negotiating with Karoon Gas Australia Ltd the sale of its participation in the Bauna and Tartaruga Verde fields. ...
Rosneft Succesfully Closed the Transaction to Sell 23.9%shares in Vankorneft JSC
Russia >> 10/5/2016 - Rosneft and a consortium of Indian companies, consisting of Oil India Limited (the leader of the consortium), Indian Oil Corporation Limited and Bharat PetroResources Limited closed the transaction fo...
Rosneft Forms an International Consortium on the Basis of Taas-Yuryah Neftegasodobycha
Russia >> 10/5/2016 - Rosneft and the consortium of Indian companies, comprised of Oil India Limited (leader of the consortium), Indian Oil Corporation Limited and Bharat PetroResources Limited closed the transaction for t...
Intertek Acquires EWA-Canada
United Kingdom >> 10/5/2016 - Intertek, a Total Quality Assurance provider to a range of industries worldwide, has completed its acquisition of EWA-Canada, a leading provider of cyber security and assurance services for products, ...
Bondholders of Malaysia's Perisai Reject Extension of Maturity Date
Malaysia >> 10/4/2016 - Holders of Perisai Petroleum Teknologi Bhd's S$125 million ($91.41 million) bond have rejected the Malaysian oil and gas service provider's request for a four-month extension on the maturity date, the...
Union Jack Provides Update on PEDL339 farm-in
United Kingdom >> 10/3/2016 - Union Jack Oil plc, an onshore oil and gas production and development company with a focus on production, development and investment in the United Kingdom onshore hydrocarbon sector, note that the Oil...
Egdon Resources Announces Details of UK 14th Onshore Oil and Gas Licensing Round Final Awards
United Kingdom >> 10/3/2016 - Egdon Resources plc is pleased to confirm that the Oil & Gas Authority has formally issued the Company with nine new Petroleum Exploration and Development Licences ("PEDLs") arising from the UK 14th O...
Russian Govt Ready to Sell Bashneft Stake This Month
Russia >> 10/3/2016 - Russian Economy Minister Alexei Ulyukayev said that the government was ready to privatise a stake in the Bashneft oil firm this month, Russian news agencies reported. ...
Aker BP Acquires Norwegian Offshore Licences from Tullow Norge
Norway >> 10/3/2016 - Aker BP ASA announces the acquisition of licenses from Tullow Norge AS. The transaction comprises working interest in eight licenses, including 15 percent in the Oda (previously known as Butch) discov...

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