Acquisitions and Divestitures News

Panoro Energy Announces Declaration of Dividend In Specie
Nigeria >> 8/1/2022 - Panoro Energy ASA is pleased to announce the declaration of its first dividend (the "Dividend") following recent completion of the transaction to divest its working interest in Offshore Mining Lease n...
Baker Hughes Announces Local Management Buyout of its Business in Russia
Russia >> 8/1/2022 - Baker Hughes (BKR) has signed an agreement to sell its Oilfield Services business in Russia (“OFS Russia”) to its local management team. The agreement follows on the Company’s previously announced sus...
i3 Energy Completes Serenity Farmout
United Kingdom >> 8/1/2022 - i3 Energy plc, an independent oil and gas company with assets and operations in the UK and Canada, is pleased to announce, following the fulfilment of all conditions precedent in the Farm-in Agreement...
Actis Agrees To Acquire Controlling Stake in Yellow Door Energy
United Arab Emirates >> 7/29/2022 - - Dubai-based Yellow Door Energy is the leading Middle East and Africa focused platform targeting more than 1GW of distributed solar and related energy solutions to C&I customers in the region
-...
EDP Signs Asset Rotation Deal for a 172 MW Operating Wind Portfolio in Italy
Italy >> 7/29/2022 - Energias de Portugal, S.A. (“EDP”), through its 74.98% owned subsidiary EDP Renováveis, S.A. (“EDPR”), signed a Sale and Purchase Agreement with ERG, S.p.A. (“ERG”) to sell a 100% equity stake in a 17...
Tenaz Energy Announces Termination of SDX Energy Acquisition
United Kingdom >> 7/29/2022 - Tenaz Energy Corp. ("Tenaz") (TSX: TNZ) would like to provide an update regarding the proposed acquisition of SDX Energy Plc ("SDX").

Earlier, SDX announced ...
Parkmead Announces Launch of Greater Perth Area Farm-out
United Kingdom >> 7/29/2022 - Parkmead, the independent energy group, provides the following update on its interest in the Greater Perth Area.

Greater Perth Area farm-out process

Parkmead is please...
Nickel Road Operating Announces Strategic Divestiture in the DJ Basin
United States >> 7/28/2022 - Nickel Road Operating LLC has strategically divested a portion of its assets in the Denver-Julesberg ("DJ") Basin to Bayswater Exploration and Production, LLC ("Bayswater"). The assets are positioned ...
Enerplus Announces Sale of Certain Canadian Assets
Canada >> 7/28/2022 - Enerplus Corporation has entered into a definitive agreement to sell certain Canadian assets (the "Assets") located in Alberta to Journey Energy Inc. ("Journey") for total consideration of CDN$140 mil...
Diversified Energy Announces Complementary Central Region Acquisition
United States >> 7/28/2022 - Diversified Energy Company PLC has entered into a Purchase and Sale Agreement ("PSA") to acquire certain upstream assets and related facilities (the "Assets") in Oklahoma and Texas, within the Company...
Journey Energy Enters into Agreement for Strategic Acquisition
Canada >> 7/28/2022 - Journey Energy Inc. has entered into a definitive agreement for the strategic acquisition of producing petroleum and natural gas assets in Alberta.

ACQUISITION OF ASSETS
Journey today...
High Arctic Closes Sale of its Canadian Well Servicing & Canadian Snubbing Businesses
Canada >> 7/28/2022 - High Arctic Energy Services Inc. has closed the previously announced sale of High Arctic’s Canadian well servicing business to Precision Drilling Corporation (“Precision”) by asset purchase agreement ...
Aldar Properties to Acquire Four Commercial Towers in Abu Dhabi Global Market from Mubadala
United Arab Emirates >> 7/28/2022 - Aldar Properties PJSC (“Aldar”) has signed an agreement with Mubadala Investment Company to acquire four prime Grade A commercial towers in Abu Dhabi Global Market (ADGM), the international financial ...
Jadestone Energy Announces Acquisition of Interest in North West Shelf
Australia >> 7/28/2022 - Jadestone Energy plc ("Jadestone", or the "Company") an independent oil and gas production company focused on the Asia-Pacific region, is pleased to announce that it has executed a sale and purchase a...
Orbost Gas Processing Plant Transaction Completes
Australia >> 7/28/2022 - • Acquisition of Orbost Gas Processing Plant from APA completed
• Cooper Energy and APA commence Transitional Services Agreement until Major Hazard Facilities License transferred to Cooper Energ...
Petrobras on Conduct Adjustment Agreement with ANP
Brazil >> 7/27/2022 - Petrobras, informs that it approved today the execution, with the National Agency of Petroleum, Natural Gas and Biofuels (ANP), of a Conduct Adjustment Agreement (TAC) for compensation of local conten...
Enagás Presents Results in Line with its Strategic Plan
Chile >> 7/27/2022 - The company announced that Pontegadea has acquired a 5% stake in Enagás Renovable

- Net profit as at June 30, 2022, excluding non-recurring effects, amounts to 164 million euros
- A...
Energiequelle Sold Decize Solar Park to Watt & Co
France >> 7/27/2022 - Energiequelle GmbH has sold Decize solar park to Watt & Co. The centrally located park in France has a total output of 14.7 MWp and has been built with 36,000 modules on around 15 hectares. The projec...
Rockhopper Announces Sea Lion Update
Falkland Islands >> 7/26/2022 - Rockhopper Exploration plc (AIM: RKH), the oil and gas exploration and production company with key interests in the North Falkland Basin, is pleased to announce that all regulatory consents required f...
Canadian Solar Sells Solar PV, Storage Projects in UK to Gresham House
United Kingdom >> 7/25/2022 - Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ), announces today that it has completed the sale of two fully-permitted solar and battery energy storage projects in the UK to specialist alternati...

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