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Acquisitions and Divestitures News in United Kingdom

Cairn Acquires Additional Interest in the Kraken Development
2/22/2016 - Cairn is pleased to announce the acquisition by its wholly owned subsidiary, Nautical Petroleum Limited, of an additional 4.5% interest in the Kraken development in the UK North Sea from First Oil plc...
Shell to Sell Its 7.59% stake in UK's Maclure Field
2/10/2016 - Nobel Upstream, the independent UK-based exploration and production company, has announced it has signed a sale and purchase agreement to acquire a 7.59 per cent non-operated interest in the Maclure o...
Update on Proposed Acquisition of E.ONs UK North Sea Assets
2/1/2016 - On 13 January 2016, Premier had agreed to acquire the whole of E.ON's UK North Sea assets for a net consideration of $120 million plus completion adjustments. The proposed acquisition, which will be f...
Premier to Acquire E.ON's UK North Sea Assets for $120m
1/13/2016 - Premier Oil has agreed to acquire the whole of E.ONís UK North Sea assets for a net consideration of $120 million plus working capital adjustments. The proposed acquisition, which will be funded from ...
Jersey Oil & Gas Farms out UKCS Blocks to Azinor Catalyst
1/5/2016 - Jersey Oil & Gas, an independent upstream oil and gas company ?focused on the UK Continental Shelf region of the North Sea (UKNS), is pleased to announce that it has signed a sales and purchase agreem...
Prosafe and Statoil Agree to Mariner Field Re-Phasing
1/4/2016 - Prosafe and Statoil (U.K.) Ltd (Statoil) have agreed to re-phase the Mariner Project in the UK Continental Shelf of the North Sea from 2016 into 2017, and extend the firm hire duration from 8 months t...
Cronx Licence Extension & Southern North Sea Update
12/31/2015 - Independent Oil and Gas plc, the North Sea focused Oil and Gas Company, is pleased to provide the following update on its Southern North Sea portfolio. ...
Formal Confirmation for the Extension of Skipper Licence P1609
12/29/2015 - Independent Oil and Gas plc, the North Sea focused Oil and Gas Company, is pleased to announce that all resolutions were duly passed at the Company's General Meeting held earlier today in London. ...
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 Governmentís 14th licensing round. The company, which is now one of the UKís 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 Oilís 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 Oilís 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 Governmentís 14th Round for onshore oil and gas licences. The licences, each one approximately 100k...

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