Divestment


All posts for Divestment

Noble Energy Announces Tamar Sell-Down

Noble Energy, Inc. ( NYSE : NBL ) ("Noble Energy" or "the Company") today announced that it has signed a definitive agreement to divest a 7.5 percent working interest in the Tamar field, offshore Israel , to Tamar Petroleum Ltd. (TASE: TMRP) ("Tamar Petroleum") for cash proceeds of approximately $ ...

OilVoice Press - OilVoice


Posted 1 year agoPress > NYSENoble EnergyTamar +4

Parsley Energy Provides Operational Update; Highlights Successful Wolfcamp C Results

AUSTIN, Texas, Jan. 29, 2018 /PRNewswire/ -- Parsley Energy, Inc. (NYSE: PE) ("Parsley," "Parsley Energy," or the "Company") today provided an operational update that discloses certain full-year 2017 results and highlights strong indications from the Company's Wolfcamp C delineation program. Fou ...

OilVoice Press - OilVoice


Posted 1 year agoPress > NYSEParsley EnergyWolfcamp C +2

Carrizo Oil & Gas Announces Closing of DJ Basin Divestiture and Partial Redemption of Its 7.50% Senior Notes Due 2020 and 8.875% Redeemable Preferred Stock

Carrizo Oil & Gas, Inc. (NASDAQ: CRZO) today announced that it closed the previously-announced sale of its assets in the DJ Basin on January 19, 2018 . Carrizo received approximately $123 million at closing, subject to post-closing adjustments; this excludes the previously-received deposit of $14 ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Carrizo Oil & GasNasdaqDJ Basin +1

Shell Completes Sale of its LPG Marketing Business in Hong Kong and Macau

Shell has completed the sale of the first phase of its Hong Kong and Macau LPG marketing business to DCC LPG on 31st December 2017. Shell continues to operate the LPG plant in Hong Kong, which is part of the second phase of the transaction and is subject to conditions including regulatory approvals ...

OilVoice Press - OilVoice


Posted 1 year agoPress > ShellRoyal Dutch ShellLPG Distributor +3

Hess Completes Sale of Interests in Norway

NEW YORK--(BUSINESS WIRE)--Dec. 22, 2017-- Hess Corporation (NYSE: HES) announced today that it has completed the previously announced sale of its subsidiary Hess Norge, which owns interests in the Valhall and Hod fields in Norway, to Aker BP ASA for total proceeds of $2 billion, effective January ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Hess CorporationNYSENorway +3

Noble Energy Divests its Interest in the General Partner of CONE Midstream to CNX Resources

Houston , Dec. 15, 2017 (GLOBE NEWSWIRE) -- Noble Energy, Inc. ( NYSE : NBL ) ("Noble Energy" or "the Company") today announced that it has signed a definitive agreement with CNX Resources Corporation ( NYSE : CNX) ("CNX") to divest the Company's 50 percent interest in CONE Gathering LLC ("CONE Ga ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Noble EnergyNYSECNX Resources +3

Carrizo Oil & Gas Announces the Divestiture of a Portion of Its Eagle Ford Acreage

Carrizo Oil & Gas, Inc. (Nasdaq: CRZO) has announced that it has entered into an agreement to divest a portion of its assets in the Eagle Ford Shale for $245 million in cash, subject to adjustment and customary closing terms and conditions. The divested assets include approximately 24,500 net acr ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Eagle FordDivestmentNasdaq +4

Ørsted Completes the Divestment of Borkum Riffgrund 2 Offshore Wind Farm

Ørsted completes the divestment of Borkum Riffgrund 2 offshore wind farm and now expects full-year EBITDA to come in around DKK 21 billion Further to our company announcement issued on 7 August 2017, Ørsted has today completed the divestment of 50% of the Borkum Riffgrund 2 offshore wind farm to G ...

OilVoice Press - OilVoice


Posted 1 year agoPress > OrstedDivestmentBorkum Riffgrund 2 +5

Premier Oil: Sale of Interest in ETS Pipeline

Premier is pleased to announce that it has entered into a sale and purchase agreement (“SPA”) to sell its entire equity interest in the Esmond Transportation System (“ETS”) pipeline to CATS Management Limited (an Antin Infrastructure Partners portfolio company). Under the terms of the SPA, Premier ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Premier OilETS PipelineDivestment +2

Hess Completes Sale of Interests in Equatorial Guinea

Hess Corporation (NYSE: HES) announced today that it has completed the previously announced sale of its interests in offshore Equatorial Guinea to Kosmos Energy and Trident Energy for a total consideration of $650 million, effective January 1, 2017. “Our 2017 asset monetizations have exceeded expe ...

OilVoice Press - OilVoice


Posted 1 year agoPress > NYSEHess CorporationEquatorial Guinea +3

Carrizo Oil & Gas Provides Update on Divestiture Program

HOUSTON--( BUSINESS WIRE )-- Carrizo Oil & Gas, Inc. (Nasdaq:CRZO) today announced that it has closed on both of its previously-announced Appalachia divestitures and has entered into an agreement to sell substantially all of its assets in the DJ Basin. Carrizo previously announced that it had ent ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Carrizo Oil & GasNasdawDivestment +3

Trinity E&P: Sale of West Coast Assets Update

Trinity, the independent E&P company focused on Trinidad and Tobago, provides an update regarding the proposed sale of its West Coast Assets. On 11 August 2017, Trinity announced that it had entered into a binding sale and purchase agreement ("SPA") to sell its interests in the Brighton Marine and ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Trinity E&PTrinity Exploration & ProductionTrinidad +3

Premier Oil: Update on the Sale of Wytch Farm

Premier is pleased to announce that it has entered into a sale and purchase agreement to sell its interests in Licences PL089 and P534, containing the Wytch Farm field, to Perenco UK Limited on materially the same terms as have been previously disclosed in an announcement released on 12 September 2 ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Premier OilDivestmentWytch Farm +1

Premier Oil: Update on the Sale of Wytch Farm

Premier is pleased to announce that it has today entered into a sale and purchase agreement to sell its interests in Licences PL089 and P534, containing the Wytch Farm field, to Perenco UK Limited on materially the same terms as have been previously disclosed in an announcement released on 12 Septe ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Premier OilDivestmentWatch Farm +1

Ørsted Completes the Divestment of Walney Extension Offshore Wind Farm

Further to our company announcement issued 1 November 2017, Ørsted has today completed the divestment of 50% of the Walney Extension offshore wind farm to PKA and PFA. The acquisition price will be paid in 2017, and the EPC contract payments during 2017 and 2018. The information in this announceme ...

OilVoice Press - OilVoice


Posted 1 year agoPress > OrstedWanly ExtensionOffshore +2