Acquisitions and Divestitures News in United Kingdom

Hibiscus Petroleum Executes Agreements to 32nd UK Licensing Round
1/20/2021 - Hibiscus Petroleum Berhad is pleased to announce that following the earlier disclosure made on 3 September 2020, the UK Oil and Gas Authority (OGA) has on 19 January 2021 advised that 2 Licence Agre...
Union Jack Acquired Further 15% Interest in the Biscathorpe Project
1/18/2021 - Union Jack Oil plc (UJO), a UK focused onshore hydrocarbon production, development and exploration company is pleased to announce that it has agreed to acquire a further 15% economic interest in PED...
TRIG Announces Acquisition of Interest in Beatrice Offshore Wind Farm
1/15/2021 - The Board of TRIG is pleased to announce that the Company has exchanged contracts to acquire an equity interest of 17.5% in Beatrice offshore wind farm ("the Project") from Copenhagen Infrastructure P...
PetroStrat Acquires Specialist Geology Business Unit of RPS Energy
1/14/2021 - PetroStrat, an industry leading stratigraphic consultancy that provides a comprehensive suite of geological services to the upstream oil and gas industry, has announced the acquisition of the Speciali...
INEOS Completes $5B Acquisition of BPs Aromatics & Acetyls Business
INEOS Completes $5B Acquisition of BPs Aromatics & Acetyls Business 1/4/2021 - INEOS, one of the worlds largest manufacturing companies, has completed the purchase of the global Aromatics and Acetyls businesses from BP for a consideration of $5 billion. ...
i3 Energy Announces License P.1987 Determination
1/4/2021 - i3 Energy plc, an independent oil and gas company with assets and operations in the UK and Canada announces the following update regarding UKCS Licence P.1987. ...
Sale of Weir Oil & Gas Division Expected to Complete in Q1 2021
12/22/2020 - The proposed sale of Weir's Oil & Gas division to Caterpillar Inc. is now expected to close in the first quarter of 2021. ...
SSE Agrees Sale of Gas Exploration and Production Assets
12/22/2020 - SSE plc has agreed to sell all of its interests in its portfolio of gas exploration and production (E&P) assets to Viaro Energy via its subsidiary RockRose Energy Limited for a total consideration of ...
Talon Grows North Sea Portfolio with 3 New License Awards
12/21/2020 -  Talon successful in bid for three new exploration licences in 32nd UK Offshore Licensing Round
New Licences contain multiple high-impact exploration prospects with substantial prospective re...
Appeal against Loxley Planning Decision
12/17/2020 - UK Oil & Gas PLC announces that following detailed consultations with the Company's QC and planning advisers, the Company will now launch an appeal against Surrey County Council's ("SCC") 15 December ...
Vitols VPI Holdings to Acquire Four CCGTs in the UK
12/15/2020 - VPI Holdings Ltd (VPI), a subsidiary of Vitol, announces it has agreed to acquire four CCGTs from Drax Smart Generation Ltd (Drax), subject to conditions precedent. On completion, VPI will become...
Acquisition of Hartshed Resources in Transformational Deal
12/14/2020 - Agreement reached to acquire the remaining 78.4% interest in Hartshead Resources Limited (Hartshead or HRL) that Ansila Energy NL (Ansila, ANA or the Company) does not already own in an all share deal...
Hague and London Oil Announces Operations and Corporate Update
12/8/2020 - Hague and London Oil, an energy company with a diverse portfolio of production, development, appraisal and exploration assets primarily focused in the Southern North Sea, has announced that during the...
Rolls-Royce Signs Agreement to Sell its Civil Nuclear Business to Framatome
12/7/2020 - Rolls-Royce has signed an agreement to sell its civil nuclear instrumentation and control (I&C) business to Framatome. The I&C business includes all the Rolls-Royce activities and teams based in Greno...
Equinor Continues to Capture Value from Offshore Wind
12/4/2020 - Equinor has entered into an agreement with Eni to sell a 10% equity interest in the Dogger Bank Wind Farm A and B assets in the UK for a total consideration of around GBP 202.5 million. ...
UOG Announces Update on Crown Disposal Milestone Payment
12/4/2020 - United Oil & Gas PLC ("UOG"), the growing oil and gas company with a portfolio of production, development, exploration and appraisal assets offers an update on the milestone payment from Hibiscus Pet...
Deltic Energy Announces Formal Award of 6 Licences in the UK's 32nd Licensing Round
12/1/2020 - Deltic Energy Plc, the AIM quoted natural resources investing company progressing its high impact exploration and appraisal portfolio focused on the Southern and Central North Sea, is pleased to repor...
ReneSola Power Closed Sale of 4.3 MW Solar Projects in the UK
11/24/2020 - ReneSola Ltd, a leading fully-integrated solar project developer, today announced the closing of the sale of a portfolio of operating projects located in the United Kingdom to Atmosclear Investments L...
Acquisition of Doriemus Interest in Brockham Licence (PL 235)
10/21/2020 - On 23 September the Company announced that it had completed an equity fundraise to raise 1,000,000 before expenses (Placing), through the issue of 111,111,105 ordinary shares of 0.002 each in the ca...
PEDL143 Relinquishment
10/16/2020 - Egdon Resources plc notes the press release made by UK Oil & Gas PLC ("UKOG") the operator of PEDL143, where Egdon held a 18.4% interest. ...

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