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Acquisitions and Divestitures News in United Kingdom

Cluff Natural Resources Announces Extension of Southern North Sea Licences
11/28/2017 - Cluff Natural Resources, the AIM quoted natural resources investing company, has announced that the UK’s Oil & Gas Authority ('OGA') has confirmed that the Company’s two 100% owned Southern North Sea ...
BP to Sell Bruce Assets to Serica
11/21/2017 - BP has agreed to sell a package of its interests in the Bruce assets in the North Sea to Serica Energy. BP currently operates the assets, which comprise the Bruce, Keith and Rhum fields, three bridge-...
Siccar Point Energy Farms out West of Shetlands Lyon Prospect to Ineos
11/21/2017 - Siccar Point Energy E&P has entered into a farmout agreement with Ineos UK SNS covering two exploration licences (P.1854 and P.1935) in the West of Shetlands area, containing the significantLyon Prosp...
Wood Commences New Partner Contract for SAGE System and Beryl Pipeline
11/20/2017 - Wood has commenced a multi-million dollar, evergreen contract to act as operating partner of the Scottish Area Gas Evacuation (SAGE) system and Beryl pipeline, on behalf of Ancala Midstream Acquisitio...
Union Jack Oil's Bid to Buy 20% Interest in Fiskerton Project Approved
11/20/2017 - Further to the announcement of 6 November 2017, Union Jack Oil, a UK-focused, onshore oil and gas production and exploration company, has announced that the Oil and Gas Authority has approved the acqu...
Chrysaor Awards Three-Year Contract for Central North Sea Assets to Sparrows Group
11/7/2017 - Chrysaor has awarded Sparrows Group a three-year crane management services contract for the three operating assets it will take ownership of from Shell in November. The operator will become the larges...
Union Jack Oil Acquires Interest in Producing Fiskerton Airfield Oil Field
11/6/2017 - Union Jack Oil, a UK-focused onshore oil and gas production and exploration company, has signed a Sale and Purchase Agreement to acquire from Egdon Resources a 20% economic interest in licence EXL294 ...
Worleyparsons to Buy AFW's Oil & Gas Assets for $298 Million
10/9/2017 - Australian engineering firm WorleyParsons Ltd would buy the former upstream oil and gas assets of Britain’s Amec Foster Wheeler Plc for 228 million pounds ($298.22 million), marking its entry into the...
Europa Extends Agreement to Sell 10% Interest in Wressle Discovery
9/26/2017 - Europa Oil & Gas (Holdings) plc, the UK and Ireland focussed exploration, development and production company, is pleased to announce a second extension to the Sale and Purchase Agreement (SPA) signed ...
Premier Oil to Sell Wytch Farm Interests for $200 Million
9/12/2017 - Premier has entered into a sale and purchase agreement to sell its entire interests in Licences PL089 and P534, which contain the Wytch Farm field (Wytch Farm), to Verus Petroleum SNS Limited (Verus) ...
Premier Oil to Sell its Interest in Wytch Farm Oil Field
8/22/2017 - Premier notes today’s media speculation and confirms that it has reached agreement with a third party for the disposal of its entire 33.8% interest in the Wytch Farm field. The proposed consideration ...
Upland Resources Provides Update on Wressle Farm-in Agreement
8/21/2017 - Upland Resources Limited., the oil and gas company actively building a portfolio of attractive upstream assets, notes the 'Operational Update' announcement issued on 14th August 2017 by Egdon Resource...
Parkmead Completes Important UK Gas Area Acquisition
8/9/2017 - Parkmead, the UK and Netherlands focused independent oil and gas group, has completed the previously announced acquisition of a 50% interest in the UK North Sea Licence P.2209. from Verus Petroleum (S...
Faroe Petroleum Acquires Further Interest in Blane Field
7/28/2017 - 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...
IOG Awarded Block 48/25a in UKCS 2016 Licensing Round
7/14/2017 - Independent Oil and Gas plc (IOG), the North Sea development and production focused Oil and Gas Company, has been awarded a new licence by the UK Oil and Gas Authority (OGA) in the 2016 Supplementary ...
Egdon Acquires Producing Fiskerton Airfield Field
7/10/2017 - Egdon Resources plc is pleased to announce the acquisition of the producing Fiskerton Airfield oil field in Lincolnshire licence EXL294. Egdon Resources plc will acquire a 100% interest in, and operat...
Premier Oil to Acquire Additional Wytch Farm Interests
7/3/2017 - Premier has signed a sale and purchase agreement to acquire a further 3.75% interest in Licences PL089 and P534, which contain the Wytch Farm field, from Maersk Oil North Sea UK Ltd for a cash conside...
Centrica to Sell Langage & South Humber Bank Gas-Fired Power Stations
6/21/2017 - Centrica plc has agreed to sell its operational Langage and South Humber Bank combined cycle gas turbine (CCGT) power stations, with a combined capacity of 2.3GW, to EP UK Investments Ltd (EPUK) for £...
European Commission Approves Shell's $3.8b North Sea Sale
6/16/2017 - The European Commission approved Royal Dutch Shell's $3.8 billion sale of North Sea oil and gas assets to private equity-backed Chrysaor. "The Commission concluded that the proposed acquisition would ...
Receiving Approval for Assignment of Maersk's Interest
6/15/2017 - RockRose Energy PLC is pleased to announce that the OGA has confirmed to RockRose that Maersk Oil North Sea UK Ltd (Maersk) will receive consent from the OGA for the assignment of their interest in li...

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