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PTTEP sells entire stake in deepwater block offshore Mexico to Repsol

Wednesday, September 25 2024

Fossil Energy – SPA

Thailand’s state-owned oil and gas company PTT Exploration and Production (PTTEP) has divested its entire interest in Mexico Block 29, located in deep waters of the Salina Basin offshore Mexico, to the operator Repsol, which has increased its working interest in the block to 46.67%.

[Read more…] about PTTEP sells entire stake in deepwater block offshore Mexico to Repsol

Filed Under: International projects, Mexico, PTTEP, Repsol, stake Tagged With: mexico, PTTEP, repsol, Sale, stakes

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

Sunday, June 16 2024

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.

[Read more…] about Hibiscus agrees to terms for controlling interest in MLJ Field offshore Brunei

Filed Under: Brunei, Hibiscus, International projects, sale, TotalEnergies Tagged With: Brunei, Hibiscus Petroleum, Sale, TotalEnergies

Shell and Exxon near deal to sell UK assets to Viaro

Friday, May 31 2024

Fossil Energy – Sale of Gas Fields

Shell and ExxonMobil are nearing an agreement to sell their jointly-owned gas fields in the southern North Sea to independent British producer Viaro Energy.

[Read more…] about Shell and Exxon near deal to sell UK assets to Viaro

Filed Under: ExxonMobil, International projects, sale, Shell Tagged With: Clipper, ExxonMobil, Leman, north sea, Sale, Shell, Viaro Energy

Vår Energi sells Bøyla asset as part of portfolio optimisation

Wednesday, May 29 2024

Fossil Energy – Interest Disposal

Vår Energi has signed an agreement with Concedo for the disposal of a 20% interest in the Bøyla field for a consideration of USD 24 million.

[Read more…] about Vår Energi sells Bøyla asset as part of portfolio optimisation

Filed Under: International projects, Share purchase, Vår Energi Tagged With: Boyla Field, Concedo, Sale, shares, Var Energi

Seadrill sells Qatar jack-up fleet

Sunday, May 19 2024

Fossil Energy – Drilling

Seadrill has entered into a definitive agreement to sell three jack-up rigs – the West Castor, the West Telesto and the West Tucana.

[Read more…] about Seadrill sells Qatar jack-up fleet

Filed Under: Drilling, drilling rig, International projects, Jack up, Qatar, Seadrill Tagged With: jack up rigs, Qatar, Sale, seadrill

Chevron to sell 6,200bpd oil asset in Nigeria

Wednesday, May 15 2024

Fossil Energy – Nigeria

Chevron has initiated the sale of its stakes in two Nigerian offshore oil and gas blocks, aiming to divest aging assets and concentrate on its rapidly expanding U.S. production.

[Read more…] about Chevron to sell 6,200bpd oil asset in Nigeria

Filed Under: Chevron, International projects, Nigeria, Oil and Gas Tagged With: chevron, nigeria, Sale

Neptune Energy completes Eni and Vår Energi transactions

Wednesday, January 31 2024

General – Completion of Sale

Neptune Energy today announced completion of the sale of Neptune Energy Group to Eni International BV and Neptune Energy Norge AS to Vår Energi ASA.

[Read more…] about Neptune Energy completes Eni and Vår Energi transactions

Filed Under: ENI, International projects, Neptune Energy, Vår Energi Tagged With: Eni, Neptune Energy, Sale, Var Energi

Equinor sells Nigerian business to Chappal Energies

Thursday, November 30 2023

Fossil Energy – Nigeria

Equinor sells its Nigerian business, including its share in the Agbami oil field, to Nigerian-owned Chappal Energies.

[Read more…] about Equinor sells Nigerian business to Chappal Energies

Filed Under: Equinor, International News, Nigeria Tagged With: Agbami, Equinor, nigeria, Sale

Seadrill announces sale of tender-assist units

Thursday, June 22 2023

Fossil Energy – Sale of Tender Units

Drilling firm Seadrill announced that it has entered into definitive sale and purchase agreements to sell three tender-assist units to Energy Drilling for a total of $85 million in cash.

[Read more…] about Seadrill announces sale of tender-assist units

Filed Under: Drilling, drilling support, International News Tagged With: Energy Drilling, Sale, seadrill, tender-assist units

RWE buys independent renewables developer JBM Solar

Tuesday, March 14 2023

Renewable Energy – Solar and Battery Storage

Susgen, a market leading funder and partner to renewable energy development companies, announces the sale of its UK-based solar and battery storage development company JBM Solar to RWE, the UK’s largest power generator.

[Read more…] about RWE buys independent renewables developer JBM Solar

Filed Under: International projects, JBM Solar, RWE Tagged With: JBM Solar, RWE, Sale

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