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Acquisitions and Divestitures News in United Kingdom

Atlas Copco Acquires Company in Medical Gases Sector
4/8/2011 - Atlas Copco Ltd has signed an agreement to acquire the Medical Gas Solutions business from Penlon Ltd, headquartered in the United Kingdom. Penlon Medical Gas Solutions is a leading provider of medica...
Valiant Petroleum acquires stake in Orchid Prospect
4/4/2011 - Valiant Petroleum plc ("Valiant") is pleased to announce that its wholly owned subsidiary, Valiant Exploration Limited, has reached an agreement to acquire a 30% stake in Block 29/1c containing the Or...
Egdon Acquires UK Licence Interests from Valhalla
3/14/2011 - Egdon Resources plc is pleased to report that further to the announcement of 28 January 2011 it has completed the acquisition from Valhalla Oil and Gas UK Limited (Valhalla) of their entire 50% intere...
Chevron to Sell Pembroke Refinery to Valero Energy
3/11/2011 - Chevron has reached an agreement with Valero Energy Corporation to sell Chevron Limited, the entity that holds the 220,000 barrel per day Pembroke Refinery and other downstream assets in the United Ki...
Valiant Farms-Out Cladhan Stake in North Sea
3/8/2011 - Valiant Petroleum plc (Valiant) is pleased to announce that its wholly owned subsidiary, Valiant Exploration Limited, has reached a series of agreements to farm-down and swap part of its 100% holding ...
Endeavour International Closes Bacchus Transaction
2/24/2011 - Endeavour International Corporation announces that its wholly owned subsidiary, Endeavour Energy U.K. Ltd., has received all the approvals necessary to finalize the acquisition of an additional 20% wo...
BP to Sell Package of UK Upstream Assets
2/22/2011 - BP announced the intention of selling its interests in a number of operated oil and gas fields in the UK. The assets involved are the Wytch Farm onshore oilfield in Dorset and all of BP's operated gas...
Egdon Acquires UK Licence Interests from Valhalla
1/28/2011 - Egdon Resources plc is pleased to announce that it has reached agreement to acquire the entire interest of Valhalla Oil and Gas Limited (Valhalla) in two onshore UK Petroleum Exploration and Developme...
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...
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...

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