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- Heritage Sells Fields to Eni
- By Tom BerginLONDON (Reuters UK) - British oil explorer Heritage Oil HOIL agreed to sell its Ugandan interests to Italian Eni ENI for up to $1.5 billion (902,000 pounds), enabling Heritage to back out of a planned Kurdish tie-up which Iraqi political disputes made increasingly unattractive.Proceeds from the sale would...
- News items 2009-11-23
- China Targets Addax, Kosmos in Overseas Asset Grab
- China is fueling much of the consolidation within the oil and gas industry, with as much as $12 billion worth of deal currently in the pipeline. The latest company to catch China's asset-focused eye is Addax Petroleum, a Geneva-based oil and gas explorer, the South China Morning Post reported Monday....
- Blog posts 2009-06-08
Additional Resources
- Heritage backs out of talks with Turkey's Genel
- Heritage Oil has called off its proposed $6bn deal to merge with Turkey's Genel Enerji in the wake of its agreement to sell its Ugandan oil fields to Eni, the Italian energy group. The UK group on Sunday sealed a deal with Eni worth $1.35bn ($790m) in cash for the...
- News items 2009-11-23
- Heritage Sells Fields to Eni
- By Tom BerginLONDON (Reuters UK) - UK explorer Heritage Oil HOIL has agreed to sell its Ugandan interests to Italy's Eni ENI for up to $1.5 billion (902.5 million pounds), enabling Heritage to back out of a planned Kurdish tie-up which Iraqi political disputes made increasingly unattractive.Heritage's Chief Financial Officer...
- News items 2009-11-23
- Heritage Sells Fields to Eni
- By Tom Bergin LONDON (Reuters UK) - Explorer Heritage Oil said it had agreed to sell its Ugandan interests to Italy's Eni for up to $1.5 billion (905 million pounds) as the Italian oil major builds its presence in Africa through acquisitions. Heritage, whose other main assets are undeveloped fields...
- News items 2009-11-23
- Yale Physician issues statement on effectiveness of Antimicrobials in soaps, lotions and other products new haven.
- M2 PRESSWIRE-20 June 2000-YALE UNIVERSITY: Yale Physician issues statement on effectiveness of Antimicrobials in soaps, lotions and other products new haven C1994-2000 M2 COMMUNICATIONS LTD RDATE:19062000 Conn -- Adding antimicrobials to consumer products such as hand lotions and...
- Research articles 2000-06-20
- Sinopec's Bid for Addax Highlights China's Shift to Smaller M&A Deals
- Sinopec's reported bid of $7.84 billion for Addax Petroleum is more than just another example of China's well-documented desire to acquire global energy resources. It also highlights a shift from attempted large-scale acquisitions -- such as Chinalco's failed grab for an 18 percent stake in Rio Tinto -- to smaller M&A deals. ...
- Blog posts 2009-06-15
- Shire gains as investors seek panacea
- Drugmakers found favour on Monday as the FTSE 100 followed world markets with its sharpest fall in six weeks. Shire led the index, rising 2.2 per cent to £10.19 as investors sought safety in defensive sectors. Takeover hopes also played a part, with Shire up 15 per cent in a...
- News items 2009-08-17
- FTSE Breaks Losing Streak
- By David BrettLONDON (Reuters UK) - The FTSE 100 index ended sharply higher on Monday, snapping a four-day losing streak, with commodity and banking stocks rallying after comments by a senior U.S. Federal Reserve official.The top share index finished up 104.09 points, or 2 percent, at 5,355.50 and recorded...
- News items 2009-11-23
- Tullow eyes $1.5bn bid for Ugandan fields$
- Tullow Oil, the explorer, is "seriously considering" buying out Heritage Oil, its partner in two Ugandan fields, in a move that would scupper Heritage's $1.5 billion (£904 million) deal to sell its share of the sites to Italy's Eni.. Tullow and Heritage are equal partners in two exploration blocks in...
- News items 2009-12-02
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