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Acquisitions and Divestitures News

Diversified Gas & Oil Completes Acquisition of Natural Gas Gathering Systems
United States >> 9/27/2019 - AIM-listed Diversified Gas & Oil, the U.S. based owner and operator of natural gas, natural gas liquids, and oil wells as well as midstream assets, confirms that further to the announcement made by th...
Andalas Energy & Power Provides Operations Update on Betun Selo KSO
Indonesia >> 9/27/2019 - Andalas Energy and Power has announced an operations update on the Betun Selo KSO, in which it has a production interest further to the agreement announced on 21 June 2019. The Company is currently un...
Var Energi Acquires ExxonMobil’s Upstream Assets in Norway
Var Energi Acquires ExxonMobil’s Upstream Assets in Norway Norway >> 9/26/2019 - Var Energi AS, owned by Eni and HitecVision, has signed an agreement with ExxonMobil to acquire its upstream assets in Norway. The transaction includes ownership interests in more than 20 producing fi...
Proposed Acquisition of Assets in the Dutch & UK Southern North Sea
United Kingdom >> 9/25/2019 - Hague and London Oil plc, the oil and gas company with a diverse portfolio of production, development, appraisal, exploration and infrastructure assets primarily focused on the Southern North Sea, is...
Ruvuma Farm-Out Update and Acceleration of Drilling Operations
Tanzania >> 9/24/2019 - Aminex is pleased to announce that all the conditions precedent within the control of Aminex and ARA Petroleum LLC ("ARA") detailed in the Ruvuma farm-out agreement ("Farm-Out") have been satisfied. T...
Pura Vida Energy Completes Farm-in with Gemini Resources to Gora and Nowa Sol Projects in Poland
Poland >> 9/24/2019 - Pura Vida Energy (to be renamed 'Ansila Energy') has successfully completed its transaction with Gemini Resources and will now proceed to earn into the Gora and Nowa Sol projects for a 35% interest by...
Transocean Relinquishes Interests in Samsung Drillships under Construction
United States >> 9/23/2019 - Transocean Ltd. (RIG) announced that two of its indirect, wholly-owned subsidiaries will relinquish their respective interests in two drillships under construction – the Ocean Rig Santorini and the Oc...
Snam Acquires Share in Olt Regasification Terminal
Italy >> 9/20/2019 - Snam and the Iren Group have signed an agreement related to Snam’s acquisition of the 49.07% stake in the share capital of OLT (Offshore LNG Toscana), the company which has built and manages the offsh...
Completion of 31st Supplementary Offshore Licensing Round Awards
United Kingdom >> 9/19/2019 - Jersey Oil & Gas (JOG) is pleased to announce formal completion of the requisite documentation in respect of the previously announced blocks awarded to the Company in the Oil & Gas Authority's (OGA) 3...
Talos Energy Announces Transactions with BP& Exxonmobil
United States >> 9/19/2019 - Talos Energy Inc. (Talos) (TALO) announced that it has entered into two separate agreements with BP plc (BP) and Exxon Mobil Corporation (ExxonMobil) related to new exploration opportunities in the U....
Emperor Sells Cryano Lease
Australia >> 9/18/2019 - Emperor Energy Limited (EMP) is pleased to advise it has entered into a sale and purchase agreement to sell its offshore Retention Lease, Cryano R3. ...
Europa Oil & Gas Awarded Large Exploration License in Morocco
Morocco >> 9/18/2019 - Europa Oil & Gas (Holdings) plc is pleased to announce that it has been awarded a new Exploration Permit (‘Inezgane Offshore Permit’ or ‘the Licence’), covering an area of 11,228 sqkm in the Agadir Ba...
Aramco Completes Acquisition of Shell’s Share of the SASREF Refining Joint Venture
Saudi Arabia >> 9/18/2019 - The Saudi Arabian Oil Company (Saudi Aramco) has completed the acquisition of Shell Saudi Arabia (Refining) Limited’s (Shell) 50% interest in the SASREF joint venture in Jubail Industrial City, in the...
Agreement Signed on Expansion of Iran's Balal Gas Field
Agreement Signed on Expansion of Iran's Balal Gas Field Iran >> 9/15/2019 - In the course of the ceremony held for concluding the contract for development of Balaal Gas Field, the Managing Director of Petropars Group stated, “Notwithstanding the fact that the contract value o...
Sterling Energy Granted Extension of the Odewayne PSA
Somalia >> 9/13/2019 - Sterling Energy has announced that the Government of the Republic of Somaliland has granted a continued extension to the current period of the Odewayne Production Sharing Agreement ('PSA'). ...
GeoPark Awarded Four New Exploration Blocks in Brazil
Brazil >> 9/12/2019 - GeoPark has announced the expansion of its portfolio with four new exploration blocks in the Reconcavo and Potiguar basins in Brazil. ...
Lion Energy & Gulf Petroleum Agree Termination of Seram (Non Bula) PSC SPA
Indonesia >> 9/12/2019 - Lion Energy previously announced on December 12, 2018 that it entered into a conditional sale and purchase agreement ('SPA') with Gulf Petroleum Investment Company ('GPI') to acquire GPI’s 16.5% stake...
Petro-Victory Energy Awarded 16 New Oil Concessions in Brazil
Brazil >> 9/11/2019 - Petro-Victory Energy Corp. is delighted to announce that following successful participation and bidding in the Agencia Nacional do Petroleo Gas Natural e Biocombustiveis of Brazil (“ANP”) Oferta Perma...
Brazil’s First Permanent Bidding Round Awarded
Brazil >> 9/10/2019 - The ANP held the public session of the 1st Cycle of the Permanent Offer, which was attended by the Minister of Mines and Energy, Bento Albuquerque, ANP directors and other authorities. ...
Sale of New Age Interest In Marine XII Licence
Congo >> 9/9/2019 - New Age (African Global Energy) Limited announces that its subsidiary New Age M12 Holdings Limited has completed the sale of its 25% non-operated interest in the Marine XII Licence to LUKOIL Upstream ...

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