Acquisitions and Divestitures News in United Kingdom

Independent Oil and Gas Completes Skipper Acquisition
12/22/2015 - Independent Oil and Gas plc (IOG), the North Sea focused oil and gas company, is pleased to confirm the acquisition of 50% of licence P1609 which contains the Skipper discovery has now completed. IOG ...
INEOS Wins 21 New Shale Gas Licenses in UK
12/17/2015 - INEOS was awarded 21 new shale gas licences as the final part of the UK Government’s 14th licensing round. The company, which is now one of the UK’s biggest shale gas players, was awarded 700,000 acre...
INEOS Completes Deal to Acquire DEA UK North Sea Gas Fields
12/1/2015 - INEOS completed the purchase of the North Sea natural gas assets of DEA Deutsche Erdoel AG, which is owned by L1 Energy. The platforms, infrastructure and the highly skilled team that runs them will f...
UKOG Receives OGA Approval of PEDL143 Farm-in
11/18/2015 - UK Oil & Gas Investments (UKOG) has received final regulatory consent from the Oil and Gas Authority ('OGA') to acquire a 20% interest in UK onshore Weald Basin licence PEDL143, via the previously ann...
Statoil Completes Transaction on UK Licence for Alfa Sentral Project
11/17/2015 - Statoil and First Oil have completed their previously announced transaction, whereby Statoil acquired First Oil’s 24% share in the UK licence for the Alfa Sentral field for USD 15 million. ...
Completion of Acquisition of Interests in UK Blane & Enoch Fields
11/6/2015 - Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the UK and Norway, is pleased to announce that it has completed the ...
Statoil Enters UK Licence for Alfa Sentral Project
10/2/2015 - On 2 October 2015, Statoil acquired First Oil’s 24% equity share in the UK licence for the Alfa Sentral field for USD 15 million. ...
Bifold Purchase Strengthens the Rotork Flow Control Group
9/8/2015 - Rotork has announced the acquisition of the Bifold Group Ltd. (Bifold), a leading manufacturer of pneumatic and hydraulic instrument valves and components. ...
Acquisition of Interest in UK Producing Blane Field
9/1/2015 - Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to announce the conditional acquisitio...
Acquisition of Interest in UK Producing Blane Field
9/1/2015 - Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to announce the conditional acquisitio...
Aurora Energy Offered Block in 14th Onshore Licensing Round Awards
8/19/2015 - Aurora Energy Resources Limited (AER) has been advised it will be offered a block in the first tranche of the 14th Landward Licensing Round. The block is located in the vicinity of Blackburn, Lancash...
Cuadrilla Offered New Onshore Oil & Gas Licences in Yorkshire
8/18/2015 - Cuadrilla is pleased to announce it has been offered two new exploration licences, as part of the UK Government’s 14th Round for onshore oil and gas licences. The licences, each one approximately 100k...
Hutton Expands Its Position in the UK Onshore Licensing Round
8/18/2015 - Hutton Energy Ltd has been offered three licenses in the first tranche in the UK 14th Onshore Licensing Round. These licenses are an addition to Hutton’s existing licenses in the East Midlands bringin...
IGas Offered New Blocks in 14th Onshore Licensing Round
8/18/2015 - IGas, one of the leading producers of hydrocarbons onshore in Britain, is pleased to announce that the Company has been offered a total of 6 new licences, covering 7 blocks, in the first group of lice...
Egdon to Offer Blocks in the 14th Onshore Oil and Gas Licensing Round
8/18/2015 - Egdon Resources plc notes that the Oil and Gas Authority (“OGA”) has announced the blocks to be offered in the first tranche of the 14th Onshore Oil and Gas Licensing Round, which closed on 28th Octob...
Total Sells 20% Interest in West of Shetland Area for $876m
7/29/2015 - Total has signed an agreement to sell 20% of its interests in the Laggan, Tormore, Edradour and Glenlivet fields, located in the West of Shetland area, to SSE E&P UK Limited Ltd for £565 million (arou...
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...

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