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Acquisitions and Divestitures News in United Kingdom

IGas Acquires Geothermal Energy Generation Business
9/16/2020 - IGas Energy has entered into a share purchase agreement ('SPA') to acquire GT Energy UK, a developer of deep geothermal heat projects onshore in the UK.

The acquisition is in line with IGas...
Atlantic Petroleum Provides Orlando Update
9/10/2020 - P/F Atlantic Petroleum announces that a notice (“Dispute Notice”) has been served on Decipher Production Limited (“Decipher”) disputing the accuracy of information they have supplied concerning the pr...
Dana Welcomes Award of Operated Licence near Tolmount Development Area
9/9/2020 - Dana Petroleum welcomes the recent award of a new license as Operator in the Southern North Sea next to the Tolmount Development area. As part of the UK’s 32nd Offshore Licensing Round, Dana was succe...
Ansila Energy Awarded 5 Blocks in UK 32nd Offshore Licensing Round
9/7/2020 - Ansila Energy NL notes the announcement made by the UK Oil & Gas Authority (OGA) on 3 September 2020 with respect to the provisional award of five contiguous blocks in the Southern North Sea (SNS), of...
Serica Awarded 4 Blocks in 32nd Round Licence Offer
9/4/2020 - Serica Energy plc notes the announcement from the Oil and Gas Authority that the Company’s wholly owned subsidiary, Serica Energy (UK) Limited, has been offered a new licence covering four UK Northern...
UK 32nd Offshore Licensing Round Update
9/3/2020 - Talon Petroleum Ltd Company has been offered three Licence Areas as part of the UK 32nd Offshore Licensing Round (Licensing Round). Talon has noted the award on the UK Oil and Gas Authority’s (OGA) we...
Corallian Licence Award
9/3/2020 - Reabold, the AIM investing company which focuses on investments in upstream oil and gas projects, is pleased to announce that Corallian Energy Limited ("Corallian"), in which Reabold holds a 34.9 per ...
Jersey Oil & Gas Awarded Greater Buchan Area Block
9/3/2020 - Jersey Oil & Gas, an independent upstream oil and gas company ?focused on the UK Continental Shelf ("UKCS") region of the North Sea, is pleased to announce that it has been awarded, subject to documen...
UOG Announces Provisional Award of 2 Blocks
9/3/2020 - United Oil & Gas PLC, the growing oil and gas company with a portfolio of production, development, exploration and appraisal assets is pleased to announce the provisional award of Blocks 15/18e and 15...
Chrysaor Awarded 14 New Licenses in UK
9/3/2020 - On 3 September 2020, the Oil and Gas Authority (OGA) announced the preliminary results of the UK 32nd Licensing Round. Chrysaor was awarded a total of 14 licences, nine as operator and five as nonoper...
Sale of SSE's Stake in Walney Offshore Wind Farm to Greencoat
9/1/2020 - In line with its stated intention in June 2020 to dispose of £2bn of assets by Autumn 2021, SSE has agreed to sell its 25.1% non-operating stake in Walney Offshore Wind Farm to Greencoat UK Wind Plc (...
Completion of Shell Farm-in to Licenses P1929 and P2304
8/25/2020 - Egdon Resources plc (EDR) is pleased to advise the completion of the Farm-In Agreement with Shell U.K. Limited (Shell) in respect of offshore licences P1929 and P2304 (the Licences) which contain the ...
Conditional Sale of Saskatchewan Assets and Proposed £30 million Fundraise
8/7/2020 - i3 Energy plc, an independent oil and gas company with assets and operations in the UK, is pleased to announce the following update. ...
Completion of Acquisition of UK North Sea Assets from Total
8/3/2020 - NEO Energy,the full-cycle UKCS focussed energy platform, has announced the completion of the acquisition of a portfolio of operated and non-operated assets in the UK North Sea from Total Oil UK Ltd...
Enquest Signs Agreement for Equity Interest in the Bressay Oil Field
7/31/2020 - EnQuest PLC (together with its subsidiaries, 'EnQuest') is pleased to announce it has signed a sale and purchase agreement ('SPA') with Equinor to purchase a 40.81% equity interest in the Bressay oil ...
Advance Energy Announces Corporate Update
7/31/2020 - Advance Energy plc (ADV), the energy company seeking growth through acquisition or farm-in to non-operated interests in discovered upstream projects, provides the following corporate update. ...
Completion of Acquisition of Further 16.665% Interest in West Newton
7/29/2020 - Reabold, the AIM investing company which focuses on investments in upstream oil and gas projects, is pleased to announce that, further to its announcement of 26 May 2020, the conditions precedent for ...
Union Jack Oil Receives Approval for PEDL253 Biscathorpe Acquisition
7/28/2020 - Further to the announcement of 24 June 2020, Union Jack Oil, a UK focused onshore hydrocarbon production, development and exploration company, has announced that the Oil and Gas Authority ('OGA') has ...
Total Sells the Lindsey Refinery
7/27/2020 - Total has signed an agreement to sell the Lindsey refinery and its associated logistic assets, as well as all of the related rights and obligations, to the Prax Group. ...
Premier Oil Has Signed SPAs for BP Acquisitions
7/20/2020 - Premier is pleased to announce that it has signed sale and purchase agreements (“SPAs”) with BP for the acquisition of BP’s interests in the Andrew Area and its Shearwater assets (together, the “BP Ac...

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