Acquisitions and Divestitures News in Pakistan
| 12/16/2022 - In accordance with the Securities Act, 2015 and the Rule Book of the Pakistan Stock Exchange, and
with reference to our earlier disclosure dated October 31, 2022, we are pleased to disclose that Oil
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| 11/28/2022 - Oracle Power PLC (AIM: ORCP), a developer of green hydrogen production through its joint venture Oracle Energy Limited ("Oracle Energy"), is pleased to announce the acquisition by Oracle Energy of Sta... |
| 5/19/2021 - PGNiG has acquired a 25% interest in the Musakhel licence block in central Pakistan. The Company estimates the licence resources at 16 bcm of natural gas. ‘We are consistently expanding the... |
| 3/9/2021 - Eni reached an agreement today to sell its shares in its entities in Pakistan to Prime International Oil&Gas Company, a newly established company formed by former Eni’s local employees team and Hub P... |
| 10/5/2020 - Applications are invited for grant of petroleum explorations rights (explorations license) over the following blocks: Block No.3068-6 (Killa Saifullah) - Zone ... |
| 5/22/2019 - Kuwait Foreign Petroleum Exploration Company, K.S.C.C. (KUFPEC) is pleased to announce the signing by its subsidiary, Kirthar Pakistan B.V. (KPBV), of the Petroleum Exploration License and Petroleum C... |
| 2/28/2018 - OMV, the international integrated oil and gas company based in Vienna, has agreed to sell its Upstream Business in Pakistan to Dragon Prime Hong Kong Limited, Hong Kong. The agreed sale price is EUR 1... |
| 11/10/2015 - Global oil giant Vitol will acquire 15 percent of Pakistani oil company Hascol Petroleum Ltd, with an option to buy another 10 percent within one year, Hascol said. ... |
| 8/10/2015 - Taipan Resources Inc. has entered into a non-binding letter of intent dated July 29, 2015 (the "Letter of Intent") with Petroleum Exploration Limited ("PEL") to acquire a 50% interest in PEL's Block 2... |
| 3/16/2015 - KUFPEC signed an Exploration License and Petroleum Concession Agreement with the Government of the Islamic Republic of Pakistan awarding KUFPEC exploration rights in the Paharpur Block in Pakistan. Th... |
| 2/28/2014 - Pakistan Petroleum Limited (PPL) signed three Exploration Licenses (ELs) and Petroleum Concession Agreements (PCAs) with the Government of Pakistan in Islamabad on February 28 for Blocks 2569-5 (Khipr... |
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12/13/2012 - Eni has signed an agreement with the Pakistani Authorities and the state oil and gas company OGDCL for the acquisition of 25% and the operatorship of exploration license Offshore Indus Block G, locate... |
| 12/14/2010 - BP announced that it has entered into an agreement to sell almost all of its exploration and production assets in Pakistan to United Energy Group Limited (UEG). ... |
