Acquisitions and Divestitures News

Statoil Farms into Exploration License in Tanzania
Tanzania >> 5/24/2013 - Petrobras announces that its wholly-owned subsidiary Petrobras Tanzania Ltd. has signed a farm-out agreement for the sale of a 12% working interest in Block 6 license offshore Tanzania to Statoil Tanz...
MEO Awarded Bonaparte Basin Exploration Permit WA-488-P
Australia >> 5/23/2013 - MEO Australia Limited advises that it has has been awarded a new exploration permit, WA-488-P in the Bonaparte basin, as part of the 2012 Gazettal Round. MEO will hold 100% interest in the permit. ...
Beach Agreed with Bengal to Farm-in to 50% of ATP 732
Australia >> 5/23/2013 - Beach Energy Limited and Bengal Energy Limited have agreed the key terms of a farm-in to explore for oil in ATP 732 (“Tookoonooka”). Subject to completion of the necessary documentation and appropriat...
Chariot Extends First Renewal Phase, Offshore Namibia
Namibia >> 5/22/2013 - Chariot Oil & Gas has announced that the Ministry of Mines and Energy in Namibia has granted a one year extension for the First Renewal Phase on the Central Area Blocks, (Licence 19, covering Blocks 2...
IPB Petroleum Awarded Permit WA-485-P in Australia
Australia >> 5/20/2013 - IPB Petroleum Limited “IPB” is pleased to announce that the Commonwealth–Western Australia - Offshore Petroleum Joint Authority granted to IPM West Pty Ltd (a wholly owned subsidiary of IPB Petroleum...
Abu Dhabi Faces Tight Deadline to Renew Oil Concession
Abu Dhabi Faces Tight Deadline to Renew Oil Concession United Arab Emirates >> 5/19/2013 - Abu Dhabi’s state oil company is under pressure to take a quick decision on which foreign companies will get concessions in one of the Middle East’s oldest oilfields. ...
Petroceltic to Farm-out Part of Isarene Permit
Algeria >> 5/17/2013 - Petroceltic International plc, the upstream oil and gas exploration and production company focused on North Africa, the Mediterranean and the Black Sea regions today provides an update on its farm-out...
Ministry Launches 2013 Trinidad & Tobago Bid Round
Trinidad and Tobago >> 5/17/2013 - The Ministry of Energy and Energy Affairs (MEEA) formally launched the 2013 Trinidad and Tobago Onshore Bid Round on May 16th 2013. The opening of the Bid Round was marked by the publishing in the Gaz...
Petrominerales Awarded 3 Blocks in the 11th Bid Round
Brazil >> 5/17/2013 - Petrominerales is pleased to announce that, following the Brazilian 11th Bid Round ("Bid Round"), administered by the Agencia Nacional do Petroleo, Gas Natural e Biocombustiveis of Brazil ("ANP"), we ...
Petrobras Buys the Most Blocks in the 11th Round
Brazil >> 5/16/2013 - Petrobras announces that it acquired the most blocks offered in the 11th Bid Round held by the National Petroleum Agency (ANP). Petrobras bought, whether on its own or in partnerships, 34 of the 289 b...
Gran Announces Successful Acreage Awards in Brazil
Brazil >> 5/16/2013 - Gran Tierra Energy Inc., a company focused on oil exploration and production in South America, announced successful bids on three blocks in the recently completed 2013 Brazil Bid Round administered by...
OGX & MPX Signs an Agreement for 4 Blocks in Round 11
Brazil >> 5/16/2013 - OGX Petroóleo e Gas Participacoes S.A. (“OGX”), the Brazilian oil and gas company responsible for the largest private-sector exploratory campaign in Brazil, announces that it has signed an agreement (...
Salamander Energy Signed PSCs in Indonesia
Indonesia >> 5/16/2013 - Salamander Energy plc announces that it has signed Production Sharing Contracts (PSCs) for the Northeast Bangkanai and West Bangkanai license areas, onshore central Kalimantan, Indonesia. Salamander i...
Premier Awarded 3 Blocks in Brazil’s 11th Round
Brazil >> 5/16/2013 - Premier is pleased to announce that it has been awarded three blocks in Brazil’s 11th Round held in Rio de Janeiro on 14 May. The blocks are located in deep water basins offshore North East Brazil in ...
Pacific Awarded 3 Blocks in 11th Bid Round
Brazil >> 5/16/2013 - Pacific Rubiales Energy Corp. is pleased to announce that it has been awarded three blocks in Brazil’s 11th Bid Round (the “Bid Round”) organized by the Agencia Nacional do Petroleo, Gas Natural e Bio...
Chariot Blocks Offshore Brazil Approved by ANP
Brazil >> 5/15/2013 - Chariot Oil & Gas Limited is pleased to announce that the Company has, subject to final contract, been successful in its bids for a 100% interest and operatorship in four shallow-water exploration lic...
Ecopetrol Awards Three Blocks in Brazil Bidding Round
Brazil >> 5/15/2013 - Ecopetrol S.A. announces that it submitted the highest bids for three exploratory blocks in the 11th Bidding Round carried out yesterday by the Agencia Nacional do Petroleo, Gas Natural e Biocombustiv...
OGX Acquires 13 Exploration Blocks in 11th Bid Round
Brazil >> 5/15/2013 - OGX Petroleo e Gas Participacoes S.A. (“OGX”), the Brazilian oil and gas company responsible for the largest private-sector exploratory campaign in Brazil, announces that it has acquired a working int...
BP Wins 8 Exploration Blocks in Brazil Round 11
Brazil >> 5/15/2013 - BP and partners Total, Petrobras and Petrogal were yesterday named winning bidders for eight deepwater blocks offshore Brazil in the Brazilian National Petroleum Agency’s (ANP’s) 11th bid round. BP wi...
Statoil Awarded 6 Licences Offshore Brazil
Brazil >> 5/15/2013 - Statoil was the highest bidder on 6 licences in Brazil's 11th licensing round, the first licencing round in the country since December 2008. With the new licences, Statoil has strengthened its positio...

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