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Acquisitions and Divestitures News in United Kingdom

Iona Sells Southern North Sea Gas Pipeline Stake
7/2/2015 - Iona Energy Inc., a Canadian independent oil & gas company with assets in the UK North Sea is pleased to announce that its UK subsidiary, Iona Energy Company (UK) plc, has entered into a definitive sa...
Serica Completes Acquisition of 18% Interest in Erskine Field
6/5/2015 - Serica Energy plc is pleased to announce that the transaction to purchase an 18% interest in the producing North Sea Erskine Field from BP was completed on 4 June 2015. As a result Serica has acquired...
ONE Completes Acquisition of Sean Assets from Shell & Esso
6/1/2015 - Amsterdam based Oil and Gas producer Oranje-Nassau Energie B.V. (ONE) announced the successful completion of the acquisition of a 50 per cent interest in the Sean field. ONE has taken over operatorshi...
Atlantic Signed Sale & Purchase Agreement of Pegasus Discovery
5/7/2015 - Atlantic Petroleum announces that its subsidiary Atlantic Petroleum UK Limited has signed a sale and purchase agreement with Third Energy Offshore Limited for the sale of Atlantic Petroleum’s interest...
Shell Concludes Sale of 185 Service Stations across UK
4/13/2015 - Shell UK is pleased to announce it has accepted offers for the sale of 185 company-owned service stations to selected independent dealers and has exchanged contracts for 158 of these service stations....
Ophir Energy Completes Acquisition of Salamander Energy
3/2/2015 - Ophir Energy announced that the Scheme has now become effective and the entire issued ordinary share capital of Salamander is owned by Ophir. Scheme Shareholders on the register at the Scheme Record T...
Egdon Sell its Interests in 2 Non-Core Licences to UKOG
2/2/2015 - Egdon Resources plc has agreed the sale of its interests in two non-core licences in Southern England to UK Oil & Gas Investments PLC. ...
PA Resources Receives 2nd Licence Award in UK 28th Round
1/15/2015 - PA Resources announces further success in the UK’s 28th Seaward Licensing Round through the award of Block 21/24b to a group comprising of PA Resources (33.33 percent), First Oil and Gas (33.33 percen...
Van Oord will Acquire Activities of Ballast Nedam Offshore
11/28/2014 - Van Oord has reached agreement on the acquisition of the activities of Ballast Nedam Offshore. The acquisition consists of the assets of Ballast Nedam Offshore, the dedicated EPCI staff (Engineering, ...
Oyster Petroleum Farms into Further UK North Sea License
11/20/2014 - Oyster Petroleum Limited has entered into a farm-in agreement whereby, in exchange for covering certain well costs on drilling, Oyster Petroleum will acquire a 30% interest in licence P.2132, covering...
PA Resources Receives Provisional Licence Award in UK 28th Round
11/13/2014 - PA Resources has been successful in the UK’s 28th Seaward Licensing Round and has been provisionally awarded Blocks 22/18c and 22/19d as part of a group comprising of PA Resources (25 percent), E.On (...
InfraStrata Awarded Block on 28th Round Licence
11/10/2014 - InfraStrata plc, the independent petroleum exploration and gas storage company, is pleased to announce that, together with joint venture partner Carstone Exploration Limited, the Company has been offe...
UKCS 28th Offshore Licensing Round Awards
11/7/2014 - MPX North Sea Limited is very pleased to have been offered four Promote Licences in the 28th Offshore Licensing Round, as announced by the DECC on 6th November 2014. ...
Faroe Awarded 2 New Exploration Licences on the UK Continental Shelf
11/7/2014 - Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway, the Atlantic margin and the North Sea, is pleased to announc...
6 New Licences Awarded to Parkmead in UK 28th Licensing Round
11/7/2014 - Parkmead has been provisionally awarded six new licences covering a total of nine offshore blocks in the UK 28th Licensing Round, as announced by the Energy Minister. These newly awarded licences are ...
CNR Awarded 11 Licences in the UK's 28th Offshore Licensing Round
11/7/2014 - Cluff Natural Resources Plc has provisionally been awarded eleven promote licences by the Department of Energy and Climate Change (DECC) on the UK Continental Shelf in the UK's 28th Offshore Licensing...
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"). ...

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