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Acquisitions and Divestitures News

Papua New Guinea Petroleum Prospecting Licence 549 Award Confirmed
Papua-New Guinea >> 6/29/2016 - Rawson Resources Limited is very pleased to announce confirmation of the award of Papua New Guinea Petroleum Prospecting Licence (PPL) 549. The Minister for Petroleum and Energy has signed and issued ...
Statoil Completes Transaction in UK Licence for Utgard Field
United Kingdom >> 6/28/2016 - Statoil and JX Nippon completed their previously announced transaction whereby Statoil has acquired JX Nippon’s 45% equity share in, and operatorship of, the UK licence for the Utgard field. ...
Total Obtains a 30% Interest in Al-Shaheen Field Concession for 25 Years
Qatar >> 6/27/2016 - Total has signed an agreement with Qatar Petroleum, granting the Group a 30% interest in the concession covering the offshore Al-Shaheen oil field for a period of 25 years beginning July 14, 2017. ...
Indonesia's Pertamina To Sign First Upstream Deal With Iran
Iran >> 6/27/2016 - Indonesia's state energy company Pertamina will sign a deal to purchase a stake in an oil and gas block in Iran within a week, an official at Indonesia's energy ministry said. Iran's oil and gas infra...
Israel's Harel in Talks with Noble to Buy Stake in Tamar Field
Israel >> 6/26/2016 - Israel's Harel Insurance Investments and Financial Services said it is in talks to buy up to 4 percent in the Tamar natural gas field from Texas-based Noble Energy. ...
Hague and London Oil Acquires Premier's Western Sahara Licences
Western Sahara >> 6/24/2016 - Hague and London Oil PLC, the hydrocarbon exploration company, announces the acquisition, via its wholly-owned subsidiary Maghreb Exploration Limited (Maghreb), of Premier Oil (SADR) Limited (Premier ...
Providence Resources Offered Licensing Option 16/27
Ireland >> 6/23/2016 - Providence Resources P.l.c., the Irish based Oil and Gas Exploration Company, provides an update on the offer of new Licensing Options in the Irish offshore, following the conclusion of the second pha...
Pemex & First Reserve Close to Deal Worth at Least $500m
Mexico >> 6/22/2016 - U.S. private equity firm First Reserve and Mexico's Pemex are nearing a sale and leaseback agreement worth at least $500 million, sources familiar with the operation said, as state-owned Pemex rushes ...
Clontarf and Petrel Offered Offshore Tano Basin Block
Ghana >> 6/22/2016 - The directors of Clontarf wish to advise shareholders that Clontarf and its partners have been informed by the Ghanaian Ministry of Petroleum (the "Ministry") that the Ministry is available for negoti...
Otto Energy Farms Out Kilosa - Kilombero Licence
Tanzania >> 6/21/2016 - Otto Energy Ltd (Otto) has reached an agreement with MV Upstream Tanzania Limited (MV Upstream), a joint venture between Vegas Oil & Gas Limited, (Vegas) and Motor Oil Hellas SA (MOH) in respect of th...
Gazprom Earns RUB 45.2 billion from Selling Non-Core and Inefficient Assets
Russia >> 6/21/2016 - The Gazprom Board of Directors took note of the report on the progress of the Program for the disposal of non-core assets, which had been developed for a three-year period from the second half of 2013...
Gazprom Eyes Asset Swap Deals with Shell, OMV by 2016-End
Russia >> 6/20/2016 - Russia's state-controlled gas giant Gazprom could gain control over some of the assets that Shell (RDSa.L) acquired earlier this year from BG group, a senior Gazprom executive said in an interview.
Europeans Eager to Join Iran Downstream Oil Projects
Iran >> 6/20/2016 - A number of leading companies from the UK, Germany and Switzerland have voiced their readiness to join downstream energy projects in Iran, an Iranian official said. ...
Energen Completes Sale of Delaware & San Juan Basin Assets
United States >> 6/20/2016 - Energen Corporation has closed or signed purchase and sale agreements (PSAs) for its non-core Delaware Basin and San Juan Basin assets. Including all sales transactions with multiple, undisclosed buye...
Amerisur Resources Provides Coati Update
Colombia >> 6/17/2016 - Amerisur Resources Plc, the oil and gas producer and explorer focused on South America, is pleased to provide an update on the Coati contract area, Colombia. ...
Rosneft & a Consortium of Indian Investors Signed Agreements to Affiliate the Vankor Project
Russia >> 6/17/2016 - Rosneft and Consortium of Indian Companies led by Oil India Limited along with Indian Oil Corporation Ltd. and Bharat PetroResources have signed the agreement of sale and purchase of 23.9% in Vankorne...
KKR & Pemex Agree to $1.2b Sale and Leaseback
Mexico >> 6/16/2016 - U.S. private equity fund KKR and Mexico's Pemex are wrapping up details on a $1.2 billion sale and leaseback agreement, according to sources familiar with the operation, as the distressed state-owned ...
SDX Energy Provides Operations Update
Cameroon >> 6/16/2016 - SDX Energy Inc provides an update on its activities on the Manatee-1X exploration well in Bakassi West, Cameroon. Further to the announcement on March 28 regarding the completion of drilling activiti...
Chariot Oil & Gas Withdraws from Block C-19 in Mauritania
Mauritania >> 6/16/2016 - Chariot Oil & Gas Limited, the Atlantic margins focused oil and gas exploration company has elected not to enter into the First Renewal Phase of the C-19 licence in Mauritania. ...
Chariot Awarded Mohammedia Exploration Permits I - III
Morocco >> 6/16/2016 - Chariot Oil & Gas Limited, the Atlantic margins focused oil and gas exploration company, is pleased to announce that its wholly owned subsidiary, Chariot Oil & Gas Investments (Morocco) Limited, has ...

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