Acquisitions and Divestitures News in Turkey

Shearwater Recycles Western Trident as Part of Its Fleet Renewal Strategy
6/10/2021 - GC Rieber Shipping ASA's 17% owned geoservices company Shearwater GeoServices Holding AS ("Shearwater") has completed the sale of the seismic vessel Western Trident for recycling as part of the compan...
Hallow Gas Business Sale Closed
5/26/2021 - Valeura Energy Inc., an upstream oil and gas company with assets in the Thrace Basin of Turkey, is pleased to announce the closing of its sale of its shallow conventional gas business to TBNG Limited....
Valeura Energy Announces Government Approval of Shallow Gas Business Sale
5/7/2021 - Valeura Energy Inc. (VLU) ("Valeura"), an upstream oil and gas company with assets in the Thrace Basin of Turkey, is pleased to announce that all Turkish government consents required to proceed to clo...
Valeura Energy Revised Outside Date for Shallow Gas Business Sale
4/15/2021 -  Valeura Energy Inc. (VLU) (“Valeura”) has agreed with TBNG Limited (the “Buyer”) to amend the long stop date (the “Outside Date”) for the completion of the previously announced sale of its shallow co...
UKOG Announces Formal Government Consent for Turkish Resan License
1/15/2021 - UK Oil & Gas PLC (UKOG) is delighted to announce that the Company's wholly owned subsidiary, UKOG Turkey Ltd, has received notice that formal government consent for the Company's acquisition of a 50% ...
Valeura Energy to Sell Shallow Conventional Assets for up to $18M
10/20/2020 - Valeura Energy Inc., an upstream natural gas company with assets in the Thrace Basin of Turkey, has executed a Share Purchase Agreement to sell its producing shallow conventional gas business to TBNG ...
UKOG Enters into Potential High Impact Turkish Oil Appraisal & Exploration Project
7/23/2020 - UK Oil & Gas PLC has signed a binding heads of agreement with Aladdin Middle East Ltd ("AME"), an independent oil company with 60 years of operational experience in Turkey, to take a 50% non-operated ...
Equinor Exits Valeura Energy's Thrace Basin Deep Gas Appraisal Program
2/4/2020 - Valeura Energy Inc., the upstream natural gas producer focused on the Thrace Basin of Turkey, provides an update on partner participation in its deep gas appraisal programme. ...
TransAtlantic Petroleum to Sell Thrace Basin Natural Gas subsidiary to Valeura Energy
10/16/2016 - TransAtlantic Petroleum has entered into a share purchase agreement with Valeura Energy for the sale of its wholly-owned subsidiary, Thrace Basin Natural Gas (Turkiye) Corp ('TBNG'). ...
Extension of Contract to Acquire Turkish Oil and Gas Production Companies
10/11/2016 - Park Place Energy Inc. (PKPL) previously announced it had entered into an agreement to purchase three oil and gas exploration and production companies operating in Turkey. The "Tiway Companies" own in...
Valeura Executes Definitive Agreements for Statoil Farm-in on Banarli Licences
8/19/2016 - Valeura Energy Inc. is pleased to announce that its wholly-owned affiliate, Corporate Resources B.V. ("CRBV") (collectively "Valeura") has executed the definitive transaction documents (the "Definitiv...
Statoil Farms into Turkey Onshore Acreage
5/16/2016 - Statoil has entered a binding letter agreement into two exploration licenses in the Thrace region in the European north-western part of Turkey. Statoil will have a 50% interest in the Banarli licence...
TransAtlantic Entered into a JV Agreement in Turkey
TransAtlantic Entered into a JV Agreement in Turkey 2/18/2014 - TransAtlantic Petroleum Ltd. (TAT) has entered into a farmout agreement with Onshore Petroleum Company AS (Onshore), a private oil and gas company based in Oslo, Norway. ...
GDF SUEZ Joins Nabucco West Gas Pipeline Project
GDF SUEZ Joins Nabucco West Gas Pipeline Project 5/28/2013 - GDF SUEZ has signed an agreement with OMV Gas and Power, Austrian energy group to purchase a ca. 9% share in the Nabucco West gas pipeline project, which will connect Turkey and Austria. The aim of th...
OMV Buys RWE Stake in Nabucco Gas Pipeline
4/14/2013 - Austrian energy group OMV has bought German utility RWE's nearly 17 percent stake in the Nabucco pipeline project that aims to bring Caspian gas to Europe,. ...
Azeri Gas Group in Talks to Buy Nabucco Pipeline Stake
12/20/2012 - Azerbaijan's Shah Deniz II gas group could agree to take over a 50 percent stake in the Nabucco pipeline consortium by January, boosting Nabucco's prospects in a competition between projects that aim ...
RWE About to Quit Nabucco, Could Sell Stake to OMV
12/2/2012 - German utility RWE is about to quit the Nabucco gas pipeline project and could sell its 16.1 percent stake in the scheme to fellow shareholder OMV, Focus reported, citing industry sources. ...
TransAtlantic Completes Acquisition of Thrace Basin Natural Gas
6/8/2011 - TransAtlantic Petroleum Ltd. (TransAtlantic) is pleased to announce that it has closed on the previously announced acquisition of Thrace Basin Natural Gas (Turkiye) Corporation (TBNG). TransAtlantic W...
Producing Asset Purchase Agreement in Turkey
12/14/2010 - Valeura Energy Inc. is pleased to announce that it has executed a definitive agreement to purchase certain non-operated producing natural gas assets in Turkey owned by Edirne Enerji Petrol Arama Ureti...
TransAtlantic Announces Farm-In Of Turkey Exploration Licenses
9/10/2008 - TransAtlantic Petroleum announced it has reached agreement with Incremental Petroleum Limited to farm-in to Incremental's License 4262, covering 3,052 acres onshore southeastern Turkey. The agreement ...

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