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Acquisitions and Divestitures News in India

GAIL Acquires Shale Gas Assets in Texas with Carrizo
9/29/2011 - GAIL (India) Limited has acquired its first shale gas assets in the USA through its wholly owned US subsidiary GAIL Global (USA) Inc formed on 26th September 2011. ...
Hardy Oil and Gas Holds Firm on D3 Stake
5/6/2011 - Hardy Oil and Gas plc, the oil and gas exploration and production company with assets in India, announces that it has elected not to exercise an option to increase its participating interest, by three...
BP to Take a 30 % Stake in 23 Oil and Gas Blocks
2/21/2011 - Reliance Industries Limited and BP announced a historic partnership between the two companies. Mr. Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited, and Mr. Robert Dudley, ...
Cairn Seeks India Nod to Sell Stake in 3 Key Assets
11/25/2010 - UK explorer Cairn Energy has sought Indian government approval to switch control of three producing blocks to Vedanta Resources, an oil ministry source said, an important step in sealing the sale of i...
Norwest to Farm Out EP413 and TP15 Interest
8/19/2010 - Indian upstream company, Bharat PetroResources Ltd has executed a letter of intent with Norwest, for a farm into two of Norwest’s Perth Basin permits-EP413 and TP/15, by providing up to $15m in explor...
Canoro Expands Exploration Acreage With Farm-In for Two Assam Blocks
9/3/2008 - Canoro Resources has finalized negotiations with Essar Oil Limited and Essar Energy Holdings Limited to obtain a 30% participating interest in two exploration production sharing contracts in Northeast...
Rocksource Provides Update on farm-in negotiations with ONGC
8/21/2008 - Rocksource is in advanced stages of negotiations to complete a farm-in agreement with ONGC for a 10% equity stake in exploration block CY DWN 2001/1, on the Indian Shelf. This process is moving ahead ...
Rocksource and ONGC in advanced Stage of Farm-in Negotiations on Indian Exploration Block
8/4/2008 - Rocksource is in an advanced stage of negotiations to complete a farm-in agreement with ONGC for a 10% equity stake in exploration block CY DWN 2001/1 on the Indian Shelf. Both companies have Board ap...

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