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Acquisitions and Divestitures News in United Kingdom

Atlantic Acquires Additional Stake in Perth Discovery
1/14/2011 - P/F Atlantic Petroleum announces that Atlantic Petroleum UK Limited the Company's wholly owned subsidiary has signed an agreement with Nexen Petroleum U.K. Limited to acquire an additional 4.18139% eq...
Acquisition of Undeveloped Perth Oil Field, UK
1/13/2011 - Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, is pleased to announc...
GE Technology to Meet UK Energy Efficiency Targets
1/11/2011 - GE has acquired Remote Energy Monitoring, Ltd. with operations in the United Kingdom and Australia. This acquisition enhances GE’s ability to address the European Union’s goals for a lower-emission, h...
Acquisition of UK North Sea Gas Assets Completes
12/17/2010 - Ithaca Energy Inc. and its wholly owned subsidiary Ithaca Energy (UK) Limited, an independent oil & gas company with exploration, development and production assets in the UK sector of the North Sea, a...
COSLPIONEER Secured Contract to Operate in North Sea
12/10/2010 - China Oilfield Services Limited (“COSL”or the “Company”)announces that COSLPIONEER, a drilling rig under the Company’s wholly-owned subsidiary COSL Drilling Europe AS (“CDE”)was awarded a contract by ...
GDF SUEZ E&P UK Grows UK Interests
11/30/2010 - GDF SUEZ E&P UK Ltd was awarded seven new oil and gas licences in the 26th UK Licensing Round by the Department of Energy and Climate Change (DECC). These awards include five operated licences. Four o...
Acquiring 20% Interest in UK Bacchus Development
11/23/2010 - Endeavour International Corporation announces that its wholly owned subsidiary Endeavour Energy UK Ltd. has signed a definitive agreement to acquire an additional 20% working interest in the North Sea...
EnQuest Acquisition of Stratic Energy Corporation
11/8/2010 - EnQuest announced on 3 August 2010 that as part of the transaction EnQuest is refinancing Stratic’s US$74.7 million net debt (as at 30 June 2010). ...
BP Awarded Seven Exploration Licences in North Sea
11/3/2010 - BP confirmed that it has been awarded licence interests in seven offshore exploration blocks in the UK’s 26th Seaward Licencing Round. The awards – five blocks operated by BP and two blocks operated b...
Statoil was Awarded Three Exploration Licenses
11/1/2010 - Statoil was awarded one licence which covers parts of blocks 8/15 and 9/11D, close to the Statoil-operated Mariner heavy oil discovery, and two licences near the Faroe border. ...
PA Resources Was Awarded A New Licence in UK
10/29/2010 - The oil and gas group PA Resources has been awarded a new licence in the UK's 26th Licensing Round by the UK's Department of Energy and Climate Change.

The award, which is provisional pendi...
Results of The 26th UK Oil and Gas Licensing Round
10/28/2010 - Premier is pleased to announce the provisional award of five new licences in the 26th UK Licensing Round announced by the Department of Energy and Climate Change (“DECC”). These awards include two ope...
UK 26th Offshore Licensing Round Award
10/28/2010 - Xcite is pleased to confirm that the UK Department of Energy and Climate Change has awarded Xcite Energy Resources Limited (“XER”) licences over Blocks 9/3c and 9/3d as applied for in the UK 26th Offs...
Serica Receives Offshore Licence Award in UK 26 Round
10/28/2010 - Serica Energy is pleased to announce that, in the 26th Round of UK Offshore Licensing, the Company has been awarded a Production Licence over Blocks 210/19a and 210/20a in the Northern North Sea (“NNS...
Maersk Oil was Awarded 10 UK Blocks
10/27/2010 - Maersk Oil sees a strong future for its UK North Sea oil and gas business after the Department of Energy and Climate Change awarded it 10 blocks in the 26th Licensing Round. ...
BG Group Increases Sstake in UK North Sea Fields
12/18/2006 - BG Group has signed Sale and Purchase Agreements with ConocoPhillips (COP) for the acquisition of COP’s equity stakes in the Armada and Everest fields in the Central North Sea. ...

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