Santos denies $8.4B takeover rumors by Harbour

November 17, 2017 0

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.

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EDF concludes $1.6B sale of Polish assets to PGE

November 16, 2017 0

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.

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Shell sells Woodside stake for $2.7 billion

November 14, 2017 0

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. 

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ADNOC announces 10% IPO of distribution unit

November 14, 2017 0

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.

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Gran Tierra to sell Peru E&P business

November 10, 2017 0

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.

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Echo Energy signs farm-in deal for onshore Argentina

November 3, 2017 0

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.

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