Australian oil and gas company Santos on Thursday denied market speculation on A$11 billion ($8.4 billion) take-over offer by U.S.’s Harbour Energy, a unit of EIG Global Energy Partners, Kallanish Energy reports.
French energy group EDF has concluded the sale of EDF Polska assets, heat and electricity cogeneration and electricity generation assets, to Poland’s PGE Polska Grupa Energetyczna, Kallanish Energy learns.
Royal Dutch Shell expects to add on Tuesday another $2.7 billion (A$3.5 billion) to its three-year, $30 billion divestment program, as the oil and gas major sells its stake in Australia’s Woodside Petroleum to equity investors, Kallanish Energy reports.
Abu Dhabi National Oil Co. (ADNOC) said on Monday it intends to sell a stake of at least 10% in its fuel distribution unit, ADNOC Distribution, and list the company in the Abu-Dhabi Securities Exchange (ADX), Kallanish Energy learns.
Canadian-based, South American-focused oil and gas E&P company, Gran Tierra, said on Thursday it has entered into an agreement to sell its Peruvian business to U.S.’s PetroTal and Canada’s Sterling Resources, Kallanish Energy reports.
UK’s independent gas explorer, Echo Energy, has entered into a binding farm-in agreement with Compañía General de Combustibles (CGC) for the acquisition of a 50% interest in four onshore licenses in Argentina, Kallanish Energy reports.
American Midstream Partners has announced that it will acquire Dallas-based Southcross Energy Partners and certain assets of Southcross Holdings in two deals worth $815 million, Kallanish Energy reports.
UK petrochemical giant INEOS has completed the acquisition of the North Sea Forties Pipeline System (FPS) and Kinneil terminal from BP, providing a platform to potential future offshore investments, Kallanish Energy learns.