Divestment


All posts for Divestment

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

Noble Energy Signs Agreement to Divest Non-Core DJ Basin Acreage

Noble Energy, Inc. ( NYSE : NBL ) ("Noble Energy" or "the Company") today announced that it has signed a definitive agreement with SRC Energy Inc. to divest approximately 30,200 net acres from the Company's non-core DJ Basin position in Weld County, Colorado.  Included with the acreage sold is app ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Noble EnergyNYSEDivestment +4

Hess Sells Interests in Norway; Commences Process to Sell Interests in Denmark

Continued Execution of Strategic Plan to Focus Portfolio on Higher Return Assets, Prefund Development of World Class Guyana Investment Opportunity Hess Corporation (NYSE: HES) today announced several additional steps in the continued execution of its strategic plan to further focus the company ...

OilVoice Press - OilVoice


Posted 1 year agoPress > NYSEHess CorporationAsset Sale +4

Shell Divests its Interest in Comgás for a Headline of US$380 Million

Shell Gas BV, Shell Brazil Holding BV and Integral Investments BV today announces they have signed an agreement with Cosan Ltd. to execute an existing Put Option Agreement, which allows Shell to sell all of its 16.8% interest in Companhia de Gas de São Paulo to Cosan Ltd. Under the agreement, Shel ...

OilVoice Press - OilVoice


Posted 2 years agoPress > ShellRoyal Dutch ShellShell Brazil +2

DONG Energy Receives Regulatory Approvals for the Divestment of its Upstream Oil and Gas Business to INEOS

On 24 May 2017, DONG Energy announced the agreement to divest the entire share capital of DONG E&P A/S to INEOS, including that closing of the transaction was subject to certain regulatory approvals. We are pleased to announce that today the parties have received the regulatory approvals from the ...

OilVoice Press - OilVoice


Posted 2 years agoPress > Dong EnergyIneosDenmark +2

Upstream oil and gas M&A in Canada reaches Cdn$1.2 billion in December 2016

The value of December's announced M&A deals in the Canadian E&P sector totalled just over Cdn$1.2 billion – a sum around $300 million down on the equivalent totals in November and October, but still above the 2016 average of around Cdn$1 billion. This is according to data available in CanOils lates ...

Mark Young


Posted 2 years agoOpinion > CanadamergersAcquisition +6

Upstream M&A in Canada exceeds Cdn$1.5 billion in November 2016

The value of November's announced M&A deals in the Canadian E&P sector totalled just over Cdn$1.5 billion – a sum almost identical to the equivalent total recorded in October. The full CanOils review of November upstream deal activity can be downloaded here. This month, however, it was more than j ...

Mark Young


Posted 2 years agoOpinion > upstreamCanadamergers +7

Swift Energy Closes Lake Washington Transaction

Swift Energy Company (OTCQX: SWTF) (the “Company”) announced today that it closed its previously announced divestment of the Lake Washington field in South East Louisiana. The net proceeds received by Swift Energy ($40.0 million, less customary closing adjustments) will be used to reduce the amoun ...

Katie Woodward - OilVoice


Posted 2 years agoPress > Swift Energy CompanyLake WashingtonUnited States +1