Occidental Petroleum has agreed to divest its interests in two fields offshore Ghana to Kosmos Energy and Ghana National Petroleum…
12 Oct 2021
Ampol agrees to buy New Zealand’s Z Energy for $1.4bn
Australian firm Ampol has agreed to acquire New Zealand-based fuel distribution and retailing company Z Energy for $1.39bn (NZD2bn). Ampol has offered Z Energy’s shareholders $2.63 (NZD3.78) per share, as…
12 Oct 2021
Petrobras sells 50% stake in Brazilian field to Petrom
Brazil’s Petrobras has divested its 50% stake in Rabo Branco field located in the Brazilian state of Sergipe to its partner Petrom Produção de Petróleo & Gás (Petrom). With the…
11 Oct 2021
Colombia signs offshore exploration contracts with Occidental subsidiary
The Colombian Government has signed exploration and production (E&P) contracts with Anadarko Colombia, a subsidiary of Occidental Petroleum, for four offshore blocks. The four blocks, COL-1, COL-2, COL-6, and COL-7,…
11 Oct 2021
Brazil’s Vibra intends to acquire 50% interest in Comerc for $590m
Brazil-based fuel distributor Vibra has reportedly agreed to acquire up to a 50% stake in energy trading company Comerc for $590m (R$3.25bn). A part of the transaction, Comerc will scrap…
08 Oct 2021
Lukoil to acquire additional stake in Shah Deniz project for $2.25bn
Russian company Lukoil has signed an agreement to acquire an additional 15.5% interest in the Shah Deniz natural gas project in the Azerbaijan sector of the Caspian Sea for around…
07 Oct 2021
Comstock Resources to divest Bakken shale assets for $154m
Comstock Resources has entered a definitive agreement to sell its assets in North Dakota's Bakken basin to Northern Oil and Gas for $154m in cash. The transaction includes non-operated interests…
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