Acquisitions and Divestitures News

Repsol Norge Given Consent for Life Extension of the Blane Field
Norway >> 2/16/2022 - The Petroleum Safety Authority Norway has given Repsol Norge consent for life extension of the Blane field.

The Blane field is part of production licence 143 BS, for which Repsol is the ope...
Crescent Energy Acquires Uinta Oil and Gas Assets in Utah
United States >> 2/16/2022 - Crescent Energy Company has entered into a definitive purchase agreement with Verdun Oil Company II LLC to acquire Uinta Basin assets previously owned by EP Energy for $815 million, subject to customa...
Petrobras Begins Non-binding Phase for Sale of E&P Assets in the Gulf of Mexico
United States >> 2/16/2022 - Petrobras, following up on the release disclosed on 10/04/21, informs the beginning of the non-binding phase regarding the sale of the entire 20% stake held by its subsidiary Petrobras America Inc. (P...
Melbana Energy Awarded Petroleum Exploration Permit AC/P70
Australia >> 2/16/2022 - Melbana Energy has been advised by the National Offshore Petroleum Titles Administrator that it has been granted petroleum exploration permit AC/P70, located in the Territory of Ashmore and Cartier Is...
Magnora Doubles South African Project Portfolio to 1.7 GW
South Africa >> 2/15/2022 - Magnora is increasing its focus in the South African solar and wind market by acquiring 92% of the renewable project development company African Green Ventures (AGV). The remaining 8% will be owned by...
Eni Joins Dogger Bank C As Sell Down Process Completes
Norway >> 2/10/2022 - SSE Renewables has completed the agreement to sell a 10% interest in Dogger Bank C offshore wind farm to Eni. Eni has officially joined the Dogger Bank C project partnership after both SSE Renewables...
US Solar Fund Announces Sixth Binding Acquisition Agreement
United States >> 2/10/2022 - US Solar Fund Plc (USFP) is pleased to announce it has exercised its option to acquire a further 25% interest in the 200MWDC Mount Signal 2 (MS2, the Project), taking its total ownership of the Projec...
SSE Completes Sell down of Dogger Bank C
United Kingdom >> 2/10/2022 - SSE Renewables has completed the agreement to sell a 10% interest in Dogger Bank C offshore wind farm (1.2 GW gross) to Eni.

As part of this transaction Eni has also completed the agreement...
TotalEnergies Withdraws from the North Platte Deep Water Project
United States >> 2/10/2022 - TotalEnergies, through its affiliate TotalEnergies E&P USA, Inc., announces its decision not to sanction and so to withdraw from the North Platte deepwater project in the US Gulf of Mexico.

...
TotalEnergies to Acquire SunPower’s Commercial and Industrial Solar Business
United States >> 2/10/2022 - TotalEnergies has signed a definitive agreement with SunPower Corp.’s to purchase its Commercial & Industrial Solutions (CIS) business for $250 million, including $60 million of earn-out subject to r...
Ørsted Completes 50 % Divestment of Borkum Riffgrund 3 Offshore Wind Farm
Germany >> 2/10/2022 - Further to our company announcement issued on 19 October 2021, Ørsted has completed the 50 % divestment of the 900 MW German offshore wind farm Borkum Riffgrund 3 to funds managed by Glennmont Partner...
Central Petroleum Entered into a Farmout of Interests in Certain Amadeus Basin
Australia >> 2/9/2022 - Central Petroleum Limited (CTP) (“Central”) advises it has (via wholly owned subsidiaries) entered into a farmout of various interests in certain Amadeus Basin exploration tenements to Peak Helium (A...
Equinor Announces Q4 2021 & Year End Results
Norway >> 2/9/2022 - Equinor reports record high adjusted earnings of USD 15.0 billion and USD 4.40 billion after tax in the fourth quarter of 2021. IFRS net operating income was USD 13.6 billion and the IFRS net income w...
Technip Energies Announces Investment in Offshore Wind Company X1 Wind
France >> 2/8/2022 - Technip Energies (TE), a leading engineering and technology company for the energy transition, announces that it has acquired a 16.3% stake in X1 Wind, a renewable energy startup that has designed an ...
Whiting Petroleum Announces Increase to Ownership in its Sanish Operating Area
United States >> 2/8/2022 - Whiting Petroleum Corporation (WLL) (“Whiting”) announced that it has entered into two separate definitive agreements to acquire non-operated oil and gas assets in the Williston Basin of North Dakota....
GCEH Receives Funding from ExxonMobil to Advance Renewable Diesel Production
United States >> 2/8/2022 - - Includes $125 million investment in Global Clean Energy Holdings, and option for ExxonMobil to acquire 25% equity stake
- Accelerates nonfood-based camelina cultivation in key growing regions i...
MPC Energy Completes Acquisition of Los Santos Solar I Project in Mexico
Mexico >> 2/7/2022 - MPC Energy Solutions (MPCES) has completed the acquisition of Los Santos Solar I project, located in the state of Chihuahua, Mexico. The solar photovoltaic (PV) plant reinforces MPCES' position as a ...
Oilex Announces Cambay PSC Participating Interest Assignment
India >> 2/7/2022 - Oilex Ltd (Oilex or the Company) is pleased to announce that the Government of India Ministry of Petroleum and Natural Gas has approved the transfer of assignment of the 55% Participating Interest (PI...
Reconafrica Increases its Participating Interest in the Kavango Basin
Namibia >> 2/6/2022 - Reconnaissance Energy Africa Ltd. (“ReconAfrica”) (RECO) is pleased to announce it has entered into a Letter of Intent with its partner, the National Petroleum Company of Namibia (“NAMCOR”) to acquir...
3D Oil Awarded VIC/P79 Exploration Permit, Otway Basin
Australia >> 2/4/2022 - 3D Oil Limited has announced that the National Offshore Petroleum Titles Administrator (“NOPTA”) has awarded the Company the VIC/P79 exploration permit in the offshore Otway Basin, referred to as V...

Accounting, Statistics Acquisitions and Divestitures Asset Portfolio Management Economics/Financial Analysis General Industrial Development Insurance Investment Mergers and Acquisitions Risk Management
For Buyers
For Suppliers
Gulf Oil and Gas
Copyright © 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.