Acquisitions and Divestitures News

Completion of Sonangol Acquisition and Publication of Supplementary Admission Document
Angola >> 12/8/2023 - Afentra plc ('Afentra' or the 'Company') is pleased to announce the successful completion of the previously announced acquisition of interests in Block 3/05 and Block 23 from Sonangol, together with t...
LyondellBasell Announces Sale of Ethylene Oxide & Derivatives Business to INEOS
United States >> 12/8/2023 - LyondellBasell (LYB) announced it has entered into an agreement to sell its Ethylene Oxide & Derivatives (EO&D) business along with the production facility located in Bayport, Texas to INEOS Oxide (IN...
Longboat Announces Farm-down of two exploration licences in Norway
Norway >> 12/8/2023 - Longboat Energy, an emerging full-cycle E&P company active in Norway and Malaysia, is pleased to announce that Longboat JAPEX Norge AS ("Longboat JAPEX") has farmed down two exploration licences on th...
BLM oil and gas lease sale in North Dakota nets $7,703,153
United States >> 12/7/2023 - The Bureau of Land Management Montana-Dakotas State Office conducted a competitive oil and gas lease sale offering 12 parcels covering 3,650.81 acres in North Dakota. In total, 12 parcels covering 3,6...
Orcadian Energy Announces Pilot Farm-out Deal and Partnership with Ping Petroleum
United Kingdom >> 12/7/2023 - Further to the announcements of 18 September 2023 and 1 December 2023, the Company is pleased to confirm it has executed a conditional Sale and Purchase Agreement ("SPA") with Ping Petroleum UK plc ("...
Voltalia acquires a 60 megawatt solar plant
Netherlands/Holland >> 12/6/2023 - Voltalia, an international player in renewable energies, announces the acquisition of a 55% stake in the 60-megawatt Mosselbanken solar plant in the Netherlands.

Located in Zeeland, the mo...
StratCap Secures Portfolio of 72 Cell Towers
United States >> 12/5/2023 - StratCap (“StratCap” or “the Company”) announced today that its wireless infrastructure division (StratCap Wireless) has completed the acquisition of 60 cell towers that are part of a larger 72-tower ...
Ørsted Completes Divestment of 50 % of Gode Wind 3
Germany >> 12/5/2023 - Further to the press release issued on 17 October 2023, Ørsted has completed the divestment of 50 % of the Gode Wind 3 offshore wind farm to funds managed by Glennmont Partners from Nuveen.

...
Baron Oil Granted 6 Month Extension to Chuditch PSC
United States >> 12/5/2023 - Baron Oil Plc (AIM:BOIL), the AIM-quoted oil and gas exploration and appraisal company, is pleased to announce an update on the TL-SO-19-16 Production Sharing Contract (the "Chuditch PSC" or "PSC"), o...
Triton Knoll Offshore Wind Farm: Sale of Transmission Assets
United Kingdom >> 12/5/2023 - RWE has today confirmed that Triton Knoll Offshore Wind Limited has completed the sale of transmission assets to Triton Knoll OFTO Limited, owned by ETEPCO, a consortium of Equitix Limited and TEPCO P...
BLM oil and gas lease sale in Nevada nets $10,595.00
United States >> 12/5/2023 - The Bureau of Land Management Nevada State Office conducted a competitive oil and gas lease sale offering 4 parcels covering 3,498 acres in Nevada. In total, 1 parcel covering 800 acres sold for $10,5...
Hartshead Secures Funding Solution for 100% of Project Development Costs
United Kingdom >> 12/4/2023 - Highlights:
- JV partners Hartshead and Viaro Energy’s subsidiary RockRose have negotiated the option for Hartshead to divest an additional 20% licence interest for an uncapped free carry provid...
Snam Finalizes the Purchase of the FRSU to be Located in Ravenna
Italy >> 12/4/2023 - Following the signing on 6 July 2022, Snam and BW LNG have finalised the acquisition by Snam Group of 100% of the share capital of FSRU I Limited, which owns the Floating, Storage and Regasification U...
Australia's Empire to Acquire Gas Plant for Carpentaria
Australia >> 12/4/2023 -  Empire Energy has acquired AGL's Rosalind Park Gas Plant for $2.5 million in cash, which significantly accelerates the path to Carpentaria Pilot Project production and reduces capital expenditure re...
KPI Completed the acquisition of 99.9% stake in Kpark Sunbeat Private Limited from Faruk G. Patel
India >> 12/3/2023 - KPI Green Energy Limited (BSE:542323) agreed to acquire 99.9% stake in Kpark Sunbeat Private Limited from Faruk G. Patel for INR 1.4 billion on October 11, 2023. The purchase consideration payable sha...
Orcadian Energy Provides Update on Pilot Development Farm-out
United Kingdom >> 12/1/2023 - Further to the announcements of 18 September 2023 and 25 October 2023 the Company provides the following update on its potential farm-out of its flagship asset the Pilot development project (Licence P...
Fincantieri Sets Main Terms for Remazel Engineering Acquisition
Italy >> 12/1/2023 - Remazel is a global leader specialized in the design and supply of highly customized and complex topside equipment ...
Maha Energy Exits Block 70 in Oman
Oman >> 12/1/2023 - Maha Energy AB (publ) (“Maha” or the “Company”) announces the divestment of its 65% working interest in Block 70, Oman, to Mafraq Energy LLC (“Mafraq Energy”). Mafraq Energy is partner in the Block wi...
Maha Energy Exits Block 70 in Oman
Oman >> 12/1/2023 - Maha Energy AB (publ) (“Maha” or the “Company”) announces the divestment of its 65% working interest in Block 70, Oman, to Mafraq Energy LLC (“Mafraq Energy”). Mafraq Energy is partner in the Block wi...
TotalEnergies Signs Agreement to Divest its Minority Stake in Natref Refinery to the Prax Group
South Africa >> 12/1/2023 - In line with its strategy to divest non-core assets, TotalEnergies has announced the signature of an agreement to divest the 36.36% minority stake, held by TotalEnergies Marketing South Africa, in Nat...

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