Category: Transactions

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Pandion Energy exits Duva

Pandion Energy exits Duva

The Duva oil and gas field (previously known as Cara, “The winner is: Cara”) is located in the northern North Sea and was discovered in the autumn of [...]
UKCS: Edgon possibly found a buyer

UKCS: Edgon possibly found a buyer

Given the exclusivity arrangement, discussions and negotiations with other parties have been suspended, and the data room closed while the agreement i [...]
Neptune acquires Edison’s portfolio

Neptune acquires Edison’s portfolio

The portfolio includes: Glengorm gas condensate discovery (25% WI) in the UK’s Central North Sea, close to Neptune’s operated Seagull Glengorm is [...]
NL: Solo Oil marks its presence in the Netherlands

NL: Solo Oil marks its presence in the Netherlands

The consideration for the proposed transaction comprises an upfront payment of €30.1 million, plus a future deferred payment of €2.0 million upon firs [...]
UKCS: Hibiscus Petroleum secures Crown

UKCS: Hibiscus Petroleum secures Crown

The blocks include the Crown discovery (Palaeocene Balmoral Sandstones) which consists of  2C  contingent resources that range between 4 to 8 MMboe, s [...]
UKCS: Transaction complete

UKCS: Transaction complete

The assets acquired produced approximately 72,000 boepd in the first six months of 2019. Combined with Chrysaor’s existing portfolio first hal [...]
NCS: It’s official!

NCS: It’s official!

The transaction includes ownership interests in more than 20 producing fields. The fields are operated mostly by Equinor, including Grane, Snorre, Orm [...]
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 [...]
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