Gulf Oil and Gas accountACCOUNT

BG Sells Mauritanian Interests

Source: www.gulfoilandgas.com 1/18/2007, Location: Africa

Share |
BG Group plc has completed the sale of Mauritania Holdings BV to Kuwait Foreign Exploration Company (KUFPEC) for a total consideration of US$128 million. The agreement signed today marks the disposal of all BG Group's current interests in Mauritania.

BG Group has increased its worldwide exploration acreage significantly in the last 18 months and believes that its Mauritanian assets no longer fit strategically within its exploration portfolio.

Acquisitions and Divestitures News in Mauritania >>

Norway >>  5/17/2018 - Faroe Petroleum plc, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the...
Iran >>  5/16/2018 - On 4 July 2017, Total, together with the other partner Petrochina, executed the contract related to the South Pars 11 (SP11) project, in full complian...

United Kingdom >>  5/15/2018 - Union Jack Oil has entered into a sale and purchase agreement with Celtique Energie Petroleum whereby Union Jack and its Commercial Partner Humber Oil...
Equatorial Guinea >>  5/14/2018 - Ophir announces that it has entered into a farm-out agreement with Kosmos Energy covering the EG-24 exploration licence in Equatorial Guinea. Under th...

Iran >>  5/11/2018 - China's state-owned energy major CNPC is ready to take over Total's stake in the giant Iranian South Pars gas project if the French company leaves ami...
Namibia >>  5/10/2018 - Calima Energy Limited has expanded its asset portfolio in Africa through the award of a Petroleum Agreement for offshore Block 2813B, covering an area...

Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


Mauritania Oil & Gas 1 >>  2 | 3 |

More News

 

Oil & Gas Companies in Mauritania >>


Related Links

AO BJ BW CD CG CI CM DZ EG EH ET GA GH GM GN GQ GW KE LR LY MA MG ML MR MZ NA NE NG RW SC SD SL SN SO ST SZ TD TN TZ UG ZA ZM
Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Privacy Policy.