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Acquisitions and Divestitures News in United Kingdom

Azinor Catalyst Offers Two Licences in UKCS 29th Licensing Round
3/24/2017 - Azinor Catalyst (Catalyst), the Seacrest Capital Group-backed E&P company focused on the United Kingdom Continental Shelf (UKCS), has been awarded two operated licences, comprising 10 blocks, on the U...
Steam Oil Offers four Blocks in 29th UKCS Seaward Licensing Round
3/23/2017 - On the 23rd of March 2017 the Oil and Gas Authority announced the results of the 29th Seaward Licensing Round. The Steam Oil Production Company had applied for four part blocks surrounding the Pilot f...
Statoil Awarded New UK Exploration Licences
3/23/2017 - Statoil was awarded six UK licenses, five as operator and one as partner, in the 29th Offshore Licensing Round, announced by the Oil and Gas Authority (OGA) today. ...
Update on Acquisition of Wytch Farm, Scott & Telford Interests
3/22/2017 - RockRose Energy announced on 22nd December 2016 that it had signed sale and purchase agreements with Maersk Oil North Sea UK to acquire its non-operated interests in the Wytch Farm, Scott and Telford ...
Major Concerns over Possible Forties Pipeline Sale to Ineos
3/17/2017 - Unite the union has expressed serious concerns over the possible sale of the Forties Pipeline System from BP to Ineos. Unite was involved in two major disputes with Ineos over the treatment of workers...
Europa Oil & Gas Re-Assigns Licence Interest to Arenite Petroleum
3/14/2017 - Europa Oil & Gas (Holdings) plc, the AIM traded UK and Ireland focused oil and gas exploration, development and production company, announces that following the acquisition of Shale Petroleum (UK) Lim...
Atlantic Petroleum Sells its Interest in Orlando
3/14/2017 - Atlantic Petroleum has entered into a Sale and Purchase Agreement with Decipher Energy for its 25% interest in the Orlando development. The consideration is a 2% revenue share of the total Orlando pro...
INEOS Adds to Shale Gas Licence Portfolio
3/9/2017 - INEOS Shale, the onshore division of INEOS Upstream, has completed the acquisition of the entire UK onshore Petroleum Exploration and Development Licence interests of ENGIE E&P UK Limited, increasing ...
Union Jack Acquires Additional Interest in Wressle-1 Discovery
3/6/2017 - Union Jack Oil plc (Union Jack), an onshore oil and gas production and exploration company with a focus on production, exploration, development and investment in the United Kingdom hydrocarbon sector,...
IOG Provides Update on Acquisition of SNS Pipeline
3/1/2017 - Independent Oil and Gas plc (IOG), the development and production focused oil and gas company, is pleased to provide an update on the proposed pipeline acquisition as announced on 16 January 2017. Sub...
Expiry of Farm-in Option between CLNR & Verus Petroleum
2/13/2017 - On 10 May 2016, Cluff Natural Resources Plc (CLNR) had entered into an option with Verus Petroleum (SNS) Ltd (Verus) to acquire a 25% interest in licences P1944 (Block 14/20e) and P2156 (Block 15/11 &...
Europa Oil & Gas Farms out Holmwood Prospect in Weald Basin
2/6/2017 - Europa Oil & Gas (Holdings) plc, UK and Ireland focussed exploration, development and production company, is pleased to announce that its wholly owned subsidiary has signed a Farm-Out Agreement (FOA) ...
Egdon Completes Acquisition of Interest in PEDL201
1/30/2017 - Further to the announcement made on 16 November 2016, Egdon Resources plc has now completed the acquisition of an additional interest in PEDL201 in the Company’s East Midlands core area.

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EnQuest Acquires Operated Stake in Magnus Field from BP
1/24/2017 - EnQuest PLC (together with its subsidiaries, "EnQuest"), is pleased to announce an agreement to acquire from BP an initial 25% interest in the Magnus oil field (Magnus) representing c.15.9 MMboe of ad...
Abu Dhabi's Masdar Buys 25 pct Stake in Floating Wind Farm in U.K
1/17/2017 - Abu Dhabi green energy firm Masdar has acquired a 25 percent stake in Hywind Scotland, the world's first offshore floating wind farm, it said. Hywind Scotland, a 30 megawatt (MW) pilot wind farm on th...
RockRose Completes Deal to Acquire Maersk Assets
12/22/2016 - RockRose Energy plc has now signed an agreement with Maersk Oil North Sea UK Ltd (Maersk) to acquire its non-operated interests in the Wytch Farm (7.43%), Scott (5.16%)and Telford (2.36%) fields. The ...
Noreco Transfers Interest in Huntington Licence to Premier Oil
12/19/2016 - Norwegian Energy Company ASA (Noreco) announces that its fully owned subsidiary Noreco Oil UK Limited has entered into an agreement to transfer its 20% participating interest in the Huntington license...
Azinor Catalyst Farms into Zennor Petroleum's UKCS Block 14/17a
12/12/2016 - Azinor Catalyst (Catalyst), the Seacrest Capital Group-backed E&P company focused on the United Kingdom Continental Shelf (UKCS), has signed an agreement to acquire a 50% operated interest in UKCS Lic...
Ancala to Acquire SAGE Interest from Apache
11/30/2016 - Ancala Midstream Acquisitions has agreed to terms to acquire Apache’s interest in the Scottish Area Gas Evacuation system (‘SAGE’) and Beryl pipeline. Ancala Midstream will acquire Apache’s 30.28 perc...
BP Acquire Interests in the Jock Scott & Craster North Sea Exploration Prospects
11/28/2016 - BP announced today that it has acquired interests in two North Sea exploration prospects, Jock Scott and Craster, in a further demonstration of the organisation’s commitment to the basin. ...

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