Acquisitions and Divestitures News in United Kingdom

Centrica to Sell Langage & South Humber Bank Gas-Fired Power Stations
6/21/2017 - Centrica plc has agreed to sell its operational Langage and South Humber Bank combined cycle gas turbine (CCGT) power stations, with a combined capacity of 2.3GW, to EP UK Investments Ltd (EPUK) for £...
European Commission Approves Shell's $3.8b North Sea Sale
6/16/2017 - The European Commission approved Royal Dutch Shell's $3.8 billion sale of North Sea oil and gas assets to private equity-backed Chrysaor. "The Commission concluded that the proposed acquisition would ...
Receiving Approval for Assignment of Maersk's Interest
6/15/2017 - RockRose Energy PLC is pleased to announce that the OGA has confirmed to RockRose that Maersk Oil North Sea UK Ltd (Maersk) will receive consent from the OGA for the assignment of their interest in li...
Egdon Resources Acquires Interest in PEDL278
6/12/2017 - Egdon Resources plc is pleased to announce completion of the acquisition of an interest in a licence in the Company's East Midlands core area. ...
CLNR Provides Update on Southern North Sea Licence P2248
5/31/2017 - CLNR, the natural resources investing company with gas assets in the Southern North Sea, is pleased to provide an operational update on its 100% owned asset P2248, located in the Southern North Sea. ...
Union Jack Oil Completes Acquisition of Additional Interest in PEDL180 & 182
5/31/2017 - Further to the announcement of 6 March 2017, Union Jack Oil plc (Union Jack), a UK-focused, onshore oil and gas production and exploration company is pleased to announce that the Oil and Gas Authority...
INEOS to Buy DONG Energy's Upstream Oil & Gas Business
5/24/2017 - In acquiring the DONG Oil & Gas business, the deal positions INEOS as a Top 10 company and the biggest private enterprise operating in the North Sea. The business being acquired has a strong portfolio...
BOEM Publishes Final Notice of Sale for June Cook Inlet Lease Sale
5/18/2017 - The Bureau of Ocean Energy Management (BOEM) will offer approximately 1.09 million acres off Alaska’s southcentral coast in a lease sale scheduled for June 21. Cook Inlet Oil & Gas Lease Sale 244 will...
Atlantic Petroleum Completes Sale of Orlando Field Interest
5/15/2017 - Atlantic Petroleum announces that further to Announcement no. 4 issued 14th March 2017, it has completed the Sale and Purchase Agreement with Decipher Energy for its 25% interest in the Orlando develo...
Alba Mineral Completes Acquisition of 5% Interest in Brockham Licence
5/11/2017 - Alba Mineral Resources plc is pleased to announce that, pursuant to the terms of the Farm-Out Agreement between Alba and Angus Energy Weald Basin No 3 Limited (Angus), and following receipt of the con...
Parkmead Acquisition Doubles its Stake in Key North Sea Gas Area
5/10/2017 - Parkmead, the UK and Netherlands focused independent oil and gas group, has signed a Sale and Purchase Agreement with Verus Petroleum (SNS) Limited to acquire a 50% interest in UK North Sea Licence P....
Angus Energy Increases Interest in Lidsey Oil Field
5/4/2017 - Angus Energy plc (the "Group") has notified Terrain Energy Ltd. (Terrain) that it is exercising the Group's option to acquire a further 10% interest in the Lidsey Oil Field (PL 241, "the License"). Th...
Independent Oil & Gas Acquires Southern North Sea pipeline
4/11/2017 - Independent Oil and Gas plc (IOG), the development and production focused Oil and Gas Company, has signed a Sale and Purchase Agreement (SPA) regarding the acquisition of the recently decommissioned T...
Parkmead Increases its Stake in Highly Prospective West of Shetland Area
4/4/2017 - Parkmead, the UK and Netherlands focused independent oil and gas group, has nearly doubled its stake in the major Sanda North and Sanda South structures in the West of Shetland area of the UK North Se...
EnerMech Extends Total E&P Contract
4/4/2017 - EnerMech has secured a new three-year contract, with two one-year options, for North Sea crane operation and maintenance on behalf of Total E&P UK Ltd. The previous five-year contract for the provisio...
BP to Sell Forties Pipeline System to INEOS for $250 Million
4/3/2017 - BP has agreed to sell its Forties Pipeline System (FPS) business, with assets including the main Forties offshore and onshore pipelines and other associated pipeline interests and facilities, to INEOS...
Azinor Catalyst Offers Two Licences in UKCS 29th Licensing Round
3/24/2017 - Azinor Catalyst (Catalyst), the Seacrest Capital Group-backed E&P company focused on the United Kingdom Continental Shelf (UKCS), has been awarded two operated licences, comprising 10 blocks, on the U...
Steam Oil Offers four Blocks in 29th UKCS Seaward Licensing Round
3/23/2017 - On the 23rd of March 2017 the Oil and Gas Authority announced the results of the 29th Seaward Licensing Round. The Steam Oil Production Company had applied for four part blocks surrounding the Pilot f...
Statoil Awarded New UK Exploration Licences
3/23/2017 - Statoil was awarded six UK licenses, five as operator and one as partner, in the 29th Offshore Licensing Round, announced by the Oil and Gas Authority (OGA) today. ...
Update on Acquisition of Wytch Farm, Scott & Telford Interests
3/22/2017 - RockRose Energy announced on 22nd December 2016 that it had signed sale and purchase agreements with Maersk Oil North Sea UK to acquire its non-operated interests in the Wytch Farm, Scott and Telford ...

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