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Acquisitions and Divestitures News

BG International Acquires 35% Interest in Block 12
Cyprus >> 11/23/2015 - Noble Energy, Inc. announced a farm-out agreement for a portion of its interest in Block 12 offshore Cyprus with BG International ("BG"). BG is acquiring a 35 percent interest in Block 12, which incl...
KrisEnergy Receives Approval for Rossukon Production Area
Thailand >> 11/23/2015 - KrisEnergy Ltd., a Singaproe-based independent upstream oil and gas company, reported that it has secured government approval for the Rossukon Production Area in the Gulf of Thailand. ...
Gazprom May Sell U.K.-Belgium Gas Pipeline Stake After 20 Years
Russia >> 11/23/2015 - Gazprom PJSC, the supplier of about 30 percent of Europe’s natural gas, may sell its stake in one of the two pipelines connecting the U.K. to mainland Europe after more than two decades. ...
Bowleven to Acquire Interests in Two Licences in Tanzania
Tanzania >> 11/19/2015 - Bowleven, the Africa focused oil and gas exploration group traded on AIM, is pleased to announce that it has signed a conditional Heads of Terms (HOT) with Aminex PLC (Aminex) for the acquisition of a...
Solo Farms out 12.5% Interest in Ruvuma PSA to Aminex
Tanzania >> 11/19/2015 - Solo Oil has reached agreement with Aminex plc (Aminex) to farmout a 12.5% net working interest in the Ruvuma Petroleum Sharing Agreement (Ruvuma PSA) in Tanzania to Aminex in a back-to back agreement...
Acquisition of RK-Oil Limited & BVN Oil Limited
Russia >> 11/19/2015 - Urals Energy PCL (UEN), the independent exploration and production company with operations in Russia, is pleased to announce the acquisition of the entire issued share capital of two private Russian c...
UKOG Receives OGA Approval of PEDL143 Farm-in
United Kingdom >> 11/18/2015 - UK Oil & Gas Investments (UKOG) has received final regulatory consent from the Oil and Gas Authority ('OGA') to acquire a 20% interest in UK onshore Weald Basin licence PEDL143, via the previously ann...
Statoil Completes Transaction on UK Licence for Alfa Sentral Project
United Kingdom >> 11/17/2015 - Statoil and First Oil have completed their previously announced transaction, whereby Statoil acquired First Oil’s 24% share in the UK licence for the Alfa Sentral field for USD 15 million. ...
Piper Jaffray Agrees to Acquire Energy Investment Bank, Simmons & Company International
Mexico >> 11/17/2015 - Piper Jaffray Companies (PJC), a leading investment bank and asset management firm, announced that it has reached a definitive agreement to acquire Simmons & Company International (“Simmons”). ...
Petroperu Modifying Contract with GeoPark to Win Government Approval
Peru >> 11/17/2015 - Peru's state-run energy company, Petroperu, said Tuesday that it was modifying its contract with GeoPark Limited on the joint development of a promising oil block in order to win the finance ministry'...
Rosneft in Talks to Allow China into Offshore Arctic Projects
Russia >> 11/16/2015 - Russia's Rosneft is in talks with Chinese companies to allow them to take part in its offshore Arctic projects, the RIA news agency quoted Russian Deputy Energy Minister Anatoly Yanovsky as saying. ...
OMNIS Transfers Afren's Interest in Block 1101 to Oyster
Madagascar >> 11/12/2015 - Oyster Oil and Gas Ltd. has noted the widely reported demise of the Afren group, and also the recent release of its formerly held interests in Block 1101 in Madagascar. The Company is pleased to confi...
SacOil Provides Update Related to OPL281
Nigeria >> 11/12/2015 - As previously announced to shareholders on 1 April 2015, SacOil terminated its participation with Transnational Corporation of Nigeria Plc (“Transcorp”), the operator of Oil Prospecting Licence 281 (“...
Encana Completes Sale of its Haynesville Natural Gas Assets
United States >> 11/12/2015 - Encana Corporation through its wholly-owned subsidiary, Encana Oil & Gas (USA) Inc., has completed the previously announced sale of its Haynesville natural gas assets, located in northern Louisiana, t...
SOCAR Says Looks at Stakes in Egypt Oil Refineries
Egypt >> 11/10/2015 - Azeri state energy firm SOCAR is interested in buying stakes in refineries in Egypt and in participation in the African country's oil refining sector, SOCAR's president said. ...
Vitol to Buy 15% Stake in Pakistan Oil Marketer Hascol
Pakistan >> 11/10/2015 - Global oil giant Vitol will acquire 15 percent of Pakistani oil company Hascol Petroleum Ltd, with an option to buy another 10 percent within one year, Hascol said. ...
Hibiscus Petroleum to Acquire Hydra Energy Holdings
Malaysia >> 11/9/2015 - Hibiscus Petroleum has executed a binding term sheet to acquire 100 percent of the outstanding shares of Hydra Energy Holdings. Subject to shareholder and regulatory approvals, and the satisfaction of...
Africa Oil Farms-Out Kenya & Ethiopia Blocks to Maersk Oil
Kenya >> 11/9/2015 - Africa Oil Corp. (Africa Oil) has entered into a definitive farmout agreement with Maersk Oil & Gas A/S, a Danish oil and gas company owned by the Maersk Group (Maersk) whereby Maersk will acquire 50%...
Marathon Oil Signs Agreement for Divestiture of GOM Assets
United States >> 11/9/2015 - Marathon Oil Corporation has signed an agreement for the sale of its operated producing properties in the greater Ewing Bank area and non-operated producing interests in the Petronius and Neptune fiel...
Rosneft Offers Japan Chance to Join East Siberia & Far East Projects
Russia >> 11/8/2015 - Russia's Rosneft, the world's top listed oil producer by output, has offered Japanese companies a chance to join projects in Russia's East Siberia and Far East, Chief Executive Igor Sechin said. ...

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