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News Date
ID - People & Companies - January 03, 2018
 Argentina’s Energy Secretary Javier Iguacel resigned Dec. 28 and was replaced by presidential advisor Gustavo Lopetegui. The announcement of the resignation came less than a day after news that...
Jan 03, 2019
Gazprom Neft & Repsol JV acquire new exploration license
A Gazprom Neft and Repsol JV acquired an exploration license in the Karabashsky 10 block in Western Siberia block. The two companies acquired ASB Geo, the operating company that holds the license....
Jan 03, 2019
Australia and Middle East lead YE18 dealmaking
Initial results from the Global M&A Database indicate 274 international deals with total disclosed value of $40.5 billion in 2018, down 5% and 11%, respectively, from 2017 (PG.1). After a strong...
Jan 03, 2019
QP expands offshore Mozambique and offshore Mexico
Qatar Petroleum was a particularly active acquirer as 2018 drew to a close, picking up assets offshore Mozambique from ExxonMobil and offshore Mexico from Eni.Exxon is divesting non-operated 10% WI...
Jan 03, 2019
Wentworth relinquishes Tembo and exits Mozambique
London-listed Wentworth Resources is exiting Mozambique after announcing plans to relinquish its operated 85% WI in the Tembo block in the onshore Rovuma Basin. The April 30 effective date...
Jan 03, 2019
CNOOC inks agreements with IOCs for offshore China assets
CNOOC signed strategic cooperation agreements with nine international oil companies for the development of assets in the Pearl River Mouth Basin offshore China, including Area A and Area B but not...
Jan 03, 2019
Indonesia’s Medco considers all-cash takeover of Ophir
UK-based Ophir Energy confirmed Dec. 31 that it is in discussions for a potential all-cash takeover bid with Indonesia’s privately owned Medco Energi Global. Asia and Africa-focused Ophir said Medco...
Jan 03, 2019
Lion expands onshore Indonesia footprint in $44MM deal
Australia-based Lion Energy struck a $44 million deal to acquire additional interests in assets located onshore Indonesia in the Citic Resources-operated Seram PSC from Gulf...
Jan 03, 2019
PTTEP consolidates ownership of domestic fields
Thailand’s PTT Exploration and Production will continue as operator of the Bongkot gas field and will take over operatorship of Erawan gas field from Chevron, which has operated the asset since 1981....
Jan 03, 2019
Arrow Exploration sells interest in VMM-2 block in Colombia
Toronto-listed Arrow Exploration is selling interests in assets in the Gran Tierra Energy-operated VMM-2 block located within Colombia’s Middle Magdalena Basin. The $5 million deal will see Arrow...
Jan 03, 2019

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