Category: Transactions

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OilexLTD granted exclusivity for EIS licenses

OilexLTD granted exclusivity for EIS licenses

The KLW Gas Discoveries are a series of shallow-water gas accumulations that were discovered between 1992 and 2009  by the then operators and successf [...]
ONE-Dyas part of Nova development

ONE-Dyas part of Nova development

The new owner of the 10% Nova (formerly known as Skarfjell) interest is ONE-Dyas Norge AS, according to Cairn Energy. The stakes have been sold as a f [...]
Vår partners up with Mime

Vår partners up with Mime

According to the press release, Mime Petroleum will acquire 10% ownership interests in PL 001, PL 027, PL 027 C, PL 028, PL 028 S and PL 027 GS, curre [...]
DCS: Massive buy for Noreco

DCS: Massive buy for Noreco

Shell has completed the sale of its 100 % shares in Shell Olie-og Gasudvinding Danmark B.V. (SOGU) to Noreco for a considerable amount, according to a [...]
UKCS  – “A landmark transaction”

UKCS – “A landmark transaction”

Following the farm-out process, CER will own 50% of all IOG’s SNS upstream assets, the Thames Pipeline and associated Thames Reception Facilities, exc [...]
UKCS: Equinor grabs another prospective license on the CNS

UKCS: Equinor grabs another prospective license on the CNS

License P2390 covers blocks 23/26e and 30/1d and contains the Isolde low risk – shallow prospect. Soliton considers that over time this prospect has b [...]
UKCS: To sell or not to sell?

UKCS: To sell or not to sell?

In the light of United Oil&Gas (UOG) strategy to have a global portfolio, the firm sees the potential of divesting more of its North Sea acreages. [...]
Strategic buy for Pandion Energy

Strategic buy for Pandion Energy

The license is located in the prolific Haltenbanken area of the Norwegian Sea in blocks 6507/5, 6 and 8. It was awarded in the 2016 APA round and is o [...]
UKCS: Anasuria Hibiscus UK pays £ 4 million for Crown

UKCS: Anasuria Hibiscus UK pays £ 4 million for Crown

The deal foresees an upfront non-refundable payment of £ 805m, with an additional £ 2.4m to be paid before the end of 2020, subject to certain milesto [...]
UKCS: Petrogas NEO UK buys Total’s UK non-core assets

UKCS: Petrogas NEO UK buys Total’s UK non-core assets

Total has agreed to offload certain non-core operated and non-operated assets in four producing areas in the UK North Sea for $635m. The ten assets [...]
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