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Acquisitions and Divestitures News in United Kingdom

Statoil Strengthens Position on UK Continental Shelf
11/6/2014 - Statoil was awarded interests in 12 new licences, 9 as operator, in the 28th licensing round on the UK continental shelf, announced by the Department of Energy and Climate Change. ...
JAPEX Acquires Additional Interests in UK North Sea Licences
10/15/2014 - As stated in a press release issued on 25th March 2014, JAPEX UK E&P LIMITED, wholly owned by Japan Petroleum Exploration Co., Ltd. executed a farm-out agreement with Apache North Sea Limited to acqui...
Faroe Completed Acquisition of Operated Interests in UK
10/10/2014 - Faroe Petroleum has completed the previously announced acquisition of a 53.1% operated interest in the Schooner Field and a 60% operated interest in the Ketch Field in the UK Southern North Sea gas ba...
Serica Completes Farm out to UK East Irish Sea Blocks
8/5/2014 - Serica Energy plc has completed the farm out of UK East Irish Sea Blocks 113/26b and 113/27c (Licence P.1482) with Centrica through its subsidiary Hydrocarbon Resources Limited ("HRL"). ...
Completion of Acquisition of Interests in three UK Producing Oil Fields
8/1/2014 - Ithaca Energy Inc is pleased to report that, further to the announcement made on 23 June 2014, it has now completed the acquisition of the three UK producing oil field interests from Sumitomo Corporat...
Murphy Announces Milford Haven Refinery Sales Agreement
7/31/2014 - Murphy Oil Corporation through its wholly-owned subsidiary, Murco Petroleum Limited, has signed an agreement to sell its Milford Haven refinery and terminal assets to Klesch Refinery, Ltd. Pending re...
Sale of UK Assets for 1.5 million
7/24/2014 - Northern Petroleum has signed sale and purchase agreements to sell the Company's interests in all of its UK licences and assets for 1.5 million to UK Oil & Gas Investments PLC ("UKOG"). Completion of...
Solo Oil Updates on Horse Hill Prospect
7/21/2014 - Solo Oil Plc announces that Horse Hill Developments Ltd ("HHDL") received formal notification from the UK Department of Energy and Climate Change ("DECC") on 17 July 2014 that: ...
InfraStrata Signs Exploration Agreement for License PL1/10 & P2123
7/18/2014 - InfraStrata plc, the independent petroleum exploration and gas storage company, is pleased to announce that, together with joint venture partners Brigantes Energy Limited and Terrain Energy Limited, i...
Premier Oil Sells Interests in Scott, Telford and Rochelle Fields
6/30/2014 - Premier has sold its non-operated interests in the producing Scott, Telford and Rochelle fields to MOL Group for a cash consideration of $130 million. MOL will assume the liabilities for future abando...
Ithaca Energy Acquire Producing Assets in UK
6/23/2014 - Ithaca Energy Inc has entered into an agreement with Sumitomo Corporation to acquire interests in three non-operated UK producing oil fields for a total consideration of $170 million. The acquisition...
Agreement to Sell Interest in CATS Pipeline & Infrastructure for 562m
6/17/2014 - BG Group had agreed to the sale of its equity interest in the Central Area Transmission System (CATS) gas pipeline in the UK North Sea and associated infrastructure to Antin Infrastructure Partners fo...
Serica Acquire 8% Interest in UK Blocks 23/26a & 23/26b
6/17/2014 - Serica Energy plc has agreed to acquire an 18% interest in UK blocks 23/26a (Area B) and 23/26b (Area B) containing the Erskine Field, located in the UK Central North Sea, from BP Exploration Operatin...
Essar Group Plans to Sell UK Refinery
6/11/2014 - India's Essar Group plans to sell the Stanlow refinery in Britain, three sources familiar with the matter said. ...
Joint Application for 3 Offshore Blocks in Montenegro
5/16/2014 - The Board of Mediterranean Oil & Gas Plc is pleased to announce that Energean Oil & Gas SA and MOG have jointly submitted a bid for the exploration and production of hydrocarbons in offshore areas 411...
Parkmead Group Completes Athena Acquisition
4/10/2014 - Parkmead is pleased to report that it has completed the previously announced acquisition of an additional 20 per cent. interest in UK production licence P.1293 (Block 14/18b ALL), containing the Athen...
Northern Petroleum Provides Update on UK Assets
4/9/2014 - Northern Petroleum provides the following update on the Company's UK assets. Following a recent operating committee meeting with the operator of licence PEDL233 containing the Baxters Copse discovery,...
Wessex Provides Update on South of England Strategy
4/4/2014 - Wessex Exploration PLC, the hydrocarbon exploration company, is pleased to provide the following update on its strategy in the South of England. ...
OMV Strengthens Position in the UK
3/19/2014 - OMV is expanding its position in the UK core area. Agreement has been reached with Hess to acquire four licenses in West of Shetland (WoS), UK, including the field Cambo and the Blackrock prospect. ...
18 Month Extension of Blythe and Skipper Licences
3/3/2014 - Further to the update of 7th February 2014, the Board of Independent Oil and Gas plc, the North Sea focused Oil and Gas Company, is pleased to confirm that the Blythe and Skipper licences have been ex...

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