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Acquisitions and Divestitures News in Tunisia

OMV Closes the Divestment of Parts of Its Business in Tunisia
12/21/2018 - OMV, the international integrated oil and gas company based in Vienna, has closed the previously announced transaction to sell its 100% owned subsidiary, OMV Tunisia Upstream GmbH, to a subsidiary of ...
OMV Agrees to Divest Parts of Its Upstream Business in Tunisia
11/6/2018 - OMV, the international integrated oil and gas company based in Vienna, has reached an agreement to sell its 100% owned subsidiary, OMV Tunisia Upstream GmbH, to a subsidiary of Panoro Energy ASA, an O...
Upland Resources Acquired New Permit in Tunisia
8/1/2018 - Upland Resources Limited (UPL) is pleased to announce that its application for an exclusive licence for hydrocarbon exploration and appraisal in onshore northern Tunisia has been accepted by the Hydro...
Disposal of Chergui Asset
6/28/2018 - Petrofac has agreed the sale of its entire 45% interest in the Chergui asset in Tunisia to Perenco. This sale marks another milestone in the Group’s strategy to transition back to a capital light busi...
Mazarine Energy Awarded Douiret License
12/22/2017 - Mazarine Energy and ETAP applied for Douiret Prospection permit by August 2016 which was awarded on 22 December 2017 for the duration of 2 years validity. The percentage of participation are divided e...
OMV Closes Divestment of Ashtart Field in Tunisia
8/2/2017 - OMV, the international integrated oil and gas company based in Vienna, closed the sale of its 50% stake in the Ashtart oil field, an offshore field in the Gulf of Gabes, Tunisia, as well as OMV’s 50% ...
Shell Seeking $500m in Sale of Tunisian Gas Assets
5/18/2017 - Royal Dutch Shell is seeking to sell its gas fields in Tunisia for some $500 million, sources said, as the Anglo-Dutch company pushes forward with its vast disposal program. ...
Cooper Energy Exits Nabeul Permit
5/12/2016 - Cooper Energy Limited announces that terms of the exit from the Nabeul Permit, offshore Tunisia, have been agreed with the Tunisian Government authority. The Nabeul joint venture has agreed to pay com...
PA Resources to Sell Entire Licence Interests to ETAP
5/9/2016 - PA Resources AB through its wholly owned subsidiaries, PA Resources Tunisia Limited, Hydrocarbures Tunisie Didon Limited, Hydrocarbures Didon Jersey Limited and Hydrocarbures Tunisie Corporation, have...
Increased Working Interest and Application for Extension
4/7/2016 - The Board of Independent Resources plc, the AIM listed oil and gas exploration and production company, is pleased to announce that with immediate effect Independent Resources Ksar Hadada Limited ("IRK...
Trading Update & Appointment of Joint Broker
3/3/2015 -  Update on Ksar Hadada

...
DualEx Acquires 100% Interest in Bouhajla Permit
2/27/2015 - DualEx Energy International Inc announced that, pursuant to the terms of the Bouhajla Farmout Agreement, Africa Hydrocarbons Inc. has forfeited its 47.5% indirect interest in the Agreement and the Bou...
Candax Updates on Strategic and Financial Alternatives
2/13/2015 - Candax Energy Inc, a company focused on mature oil field development in Tunisia, announces that it has completed most of the G&G review of its Tunisian assets which has been initiated in 2012. ...
PA Resources & EnQuest Terminate Farm out Agreements
2/2/2015 - In May 2013 PA Resources and EnQuest signed Sale and Purchase Agreements for the transfer of 70% interest in each of the Didon producing oil field and the Zarat Permit to EnQuest. In July 2014, PA and...
Tunisia Portfolio Divestment Update
12/24/2014 - Cooper Energy Limited provides the following progress report on the divestment of its Tunisian portfolio. ...
Cygam Updates Status of the Sud Tozeur Permit
12/15/2014 - CYGAM Energy Inc has received acknowledgement from the Tunisian authorities to a revised proposal regarding the sale process for the Sud Tozeur permit in Tunisia. ...
CYGAM Announces Status of the Sud Tozeur Permit Sale Process
11/10/2014 - CYGAM Energy Inc has received a revised proposal from the Tunisian authorities regarding the sale process for the Sud Tozeur permit in Tunisia.

Sud Tozeur Exploration Permit (CYGAM 100%) ...
Gulfsands Provides Tunisia Update
9/5/2014 - Gulfsands Petroleum plc, the oil and gas production, exploration and development company with activities in Syria, Morocco, Tunisia, Colombia and the U.S.A. is pleased to provide the following update ...
ADX Sale of the Chorbane Permit Interest to Gulfsands
9/3/2014 - Further to ADX Energy Ltd’s announcement on 15 August 2014 reporting that the Tunisian Authorities (Comité Consultatif des Hydrocarbures) had approved the transfer of all of AOG’s (ADX ‘s wholly owned...
PA Resources Closes the Didon Transaction
7/14/2014 - PA Resources transferred ownership of 70 percent of its interest in the Didon concession to EnQuest on July 11 2014. The cash consideration of USD 23 million, with an interim period adjustment from 1 ...

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