Acquisitions and Divestitures News in Ghana

Kosmos Energy Provides Ghana Pre-emption Update
3/21/2022 - Kosmos Energy announced in November 2021 that it had received notice from Tullow Oil plc (“Tullow”) and PetroSA that they intend to exercise their pre-emption rights in relation to the sale of Occiden...
Tullow pre-emption of Deep Water Tano Component of Kosmos /Occidental Transaction
11/11/2021 - Tullow Oil plc has exercised its right of pre-emption related to the sale of Occidental Petroleum's interests in the Jubilee and TEN fields in Ghana to Kosmos Energy.

Pre-emption summary <...
Occidental Announces Sale of Ghana Assets for $750 Million
10/13/2021 - Occidental has agreed to sell its interests in two Ghana offshore fields for $750 million to Kosmos Energy ($550 million) and Ghana National Petroleum Corporation (GNPC) ($200 million), prior to closi...
Kosmos Energy Acquires Additional Ghana Interests for $550 Million
10/13/2021 - Kosmos Energy has acquired an additional 18.0% interest in the Jubilee field and an additional 11.0% interest in the TEN fields in Ghana from Occidental Petroleum (“OXY”) for a purchase price of $550 ...
Eni Awarded New Exploration & Production License in Ghana’s Offshore
7/3/2019 - Eni (70%) and its partner Vitol (30%) have been awarded rights to Block WB03, located in the medium deep waters of the prolific Tano Basin, offshore Ghana. This result allows Eni to further consolidat...
Aker Energy Reaches Agreement to Acquire Hess Ghana
2/19/2018 - Aker Energy AS, a 50-50 joint venture between Aker ASA and TRG AS, has entered into an agreement with a subsidiary of Hess Corporation to acquire its interests in Ghana consisting of a 50...
ExxonMobil Acquires Exploration Acreage Offshore Ghana
1/18/2018 - ExxonMobil has signed a petroleum agreement with the government of Ghana to acquire exploration and production rights for the Deepwater Cape Three Points block. The agreement is subject to parliamenta...
Clontarf & Petrel Submit Proposed Work Programme for Tano Acreage in Ghana
10/12/2016 - The Directors of Clontarf are pleased to announce that, further to the announcement of 19th September 2016, a proposed work programme on the Tano acreage offshore Ghana has been submitted to the Ghana...
Clontarf Provides Update on Negotiations for Tano Basin Acreage
9/19/2016 - The directors of Clontarf are pleased to advise shareholders that, further to our announcement of 7th September 2016, Clontarf and its partners have been offered revised Tano Basin acreage coordinates...
Clontarf Energy Updates Negotiations for Tano Basin Acreage
9/7/2016 - The directors of Clontarf wish to advise shareholders that, further to our announcement of 22nd June 2016, Clontarf and its partners have now met for discussions with Ghanaian officials. Negotiations ...
Clontarf and Petrel Offered Offshore Tano Basin Block
6/22/2016 - The directors of Clontarf wish to advise shareholders that Clontarf and its partners have been informed by the Ghanaian Ministry of Petroleum (the "Ministry") that the Ministry is available for negoti...
Swiss African Oil & PET Volta Win Licence for Keta Delta Block
4/1/2016 - Swiss African Oil Company (a subsidiary of Swiss African Petroleum AG) and PET Volta Investments have been awarded a new exploration and production license for the Keta Delta block, located in the Vol...
Eni Awarded New Exploration Licence Offshore Ghana
3/29/2016 - Eni has been awarded a new exploration licence, the Cape Three Points Block 4, located in the prolific Tano basin, offshore Ghana. This acquisition will further strengthen the company’s position in th...
Eco Completes Acquisition of Interest in Cape Three Points West Block
11/30/2015 - Eco (Atlantic) Oil & Gas Ltd. (Eco Atlantic), is pleased to announce that the Ghana Petroleum Commission has granted a Permit to Operate as an Upstream Petroleum Exploration and Production Company to ...
Clontarf to Reapply for an Exploration Licence over Block Tano 2A
7/28/2015 - The board of Clontarf Energy wish to announce that they have agreed with the Ghanaian authorities that Pan Andean Resources Ltd (Pan Andean), the Company's local subsidiary (60% Clontarf, 30% Petrel, ...
Azonto Relinquishes Offshore Accra Block in Ghana
3/11/2015 - Azonto announces that, as a result of a continued strategic review of its operations and prolonged discussions with the government of Ghana and potential partners with regard to ongoing participation ...
ONGC Videsh Eyes Stake in Tullow Oil's Africa Assets
11/6/2014 - ONGC Videsh, the overseas investment arm of Oil and Natural Gas Corp, is looking to buy a stake in the assets of Africa-focused exploration company Tullow Oil Plc, a source with direct knowledge of ma...
Clontarf Provides an Update on Ghana Legal Proceedings
10/13/2014 - The board of Clontarf Energy plc are pleased to report that an agreement has been reached with the Ghanaian authorities on the specific revised co-ordinates of the signed Petroleum Agreement on a lice...
Eco Receives Parliamentary Approval for Oil Block Offshore Ghana
7/29/2014 - Eco (Atlantic) Oil & Gas Ltd. (Eco Atlantic) is pleased to announce that the Parliament of the Republic of Ghana has ratified a petroleum agreement pursuant to which the Company may acquire a 50.51% i...
Ghanaian Parliament Approves OCTPS Petroleum Agreement
7/18/2014 - The Petroleum Agreement by and among the Government of the Republic of Ghana, Ghana National Petroleum Corporation, GNPC Exploration & Production Company Ltd, UB Resources Ltd, RoyalGate Ghana Ltd and...

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