Ocean Energy Resources

GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES

ConocoPhillips agrees to sell interest in Ursa and Europa Fields to Shell

Fossil Energy – Sale

ConocoPhillips will sell its interests in the Ursa and Europa fields in the US Gulf and the Ursa Oil Pipeline Company to Shell for $735 million, the two oil majors said Friday.

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Prosafe enters agreement to sell Safe Concordia

General – Sale

Prosafe has entered into an agreement to sell to an undisclosed party its 2005-built accommodation, safety and support semi-submersible vessel Safe Concordia, for a gross price of USD 5 million before commissions and expenses.

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JERA finalises major Australian acquisition

Fossil Energy – Sale and Purchase Agreement

JERA has completed a Sale and Purchase Agreement with Woodside Energy (Australia) to acquire a 15.1 % interest in the Scarborough gas field development project, located 375km off the coast of Karratha, Western Australia.

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TotalEnergies sells West of Shetland assets, including six gas fields

Fossil Energy – Sale Assets

TotalEnergies has signed an agreement to sell to the Prax Group its entire interest in West of Shetland assets in the United Kingdom, which includes six offshore gas fields, the onshore Shetland Gas Plant and nearby exploration licenses.

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Hibiscus agrees to terms for controlling interest in MLJ Field offshore Brunei

Fossil Energy – Brunei

TotalEnergies has agreed to sell TotalEnergies EP (Brunei) to Hibiscus Petroleum for $259 million, with the transaction set to close during the fall.

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