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Edison Sells Norway Upstream Assets for $300 Million to Focus on Energy Transition
2020-12-30 21:00:00| OGI
Edison, owned by France's EDF, said the deal to Norwegian oil and gas group Sval Energi valued Edison Norge AS at $300 million, including debt.
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assets
Facebook winds down Irish holding construction, to move IP assets back to US
2020-12-28 09:06:00| Telecompaper Headlines
(Telecompaper) Facebook has moved one of its most important intellectual properties out of Ireland, ending a financial arrangement used to move billions in profits...
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UKs SSE to Sell Gas E&P Assets to Viaro Energy for $161 Million
2020-12-22 15:33:43| OGI
British energy supplier SSE said on Dec. 22 it has agreed to sell its portfolio of natural gas exploration and production assets to U.K.-based upstream energy company Viaro Energy for 120 million pounds (US$161 million).
Shell to Write Down Assets Again, Taking Cuts to More Than $22 Billion
2020-12-21 11:53:50| OGI
Royal Dutch Shell on Dec. 21 said it will write down the value of oil and gas assets by $3.5 billion to $4.5 billion following a string of impairments this year as it adjusts to a weaker outlook.
EP Energy Exits Permian Basin to Focus on Utah, Eagle Ford Assets
2020-12-18 22:25:00| OGI
EP Energy said it had entered a purchase and sale agreement with an undisclosed buyer to divest its assets located in the southern Midland Basin.
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