M&A Deal Summary |
|
|---|---|
| Date | 2020-04-23 |
| Target | Tullow Oil - Uganda Lake Albert Project |
| Sector | Oil/Gas Exploration |
| Buyer(s) | TotalEnergies |
| Sellers(s) | Tullow Oil |
| Deal Type | Divestiture |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1924 |
| Sector | Oil/Gas Exploration |
| Employees | 62,796 |
| Revenue | 195.6B USD (2024) |
TotalEnergies is a global integrated energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables, and electricity. TotalEnergies was founded in 1924 and is based in Courbevoie, France.
| DEAL STATS | # |
|---|---|
| Overall | 14 of 25 |
| Sector: Oil/Gas Exploration M&A | 4 of 7 |
| Type: Divestiture M&A Deals | 4 of 8 |
| Country: Uganda M&A | 1 of 1 |
| Year: 2020 M&A | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-09-30 |
Mozambique LNG
Maputo, Mozambique Mozambique LNG is the country’s first onshore LNG development. The project includes the development of the Golfinho and Atum fields located within Offshore Area 1 and the construction of a two-trains liquefaction plant with a capacity of 12.9 million tonnes per year (Mt/y). The Area 1 contains more than 60 Tcf of gas resources, of which 18 Tcf will be developed with the first two trains. The Final Investment Decision (FID) on Mozambique LNG was announced on June 18, 2019, and the project is expected to come into production by 2024. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-05-18 |
Energias de Portugal S.A. - B2C Commercial Business and Two Gas-Fired Combined Cycle Power Plants
Spain Energias de Portugal, S.A. - B2C Commercial Business and Two Gas-Fired Combined Cycle Power Plants represent an electricity generation capacity of nearly 850 megawatts. It is the 4th largest supplier of gas and power in Spain with a residential market share of 12% and 6% respectively. It complements its future production of renewable electricity, which is intermittent, with flexible electricity generation capacities from gas. |
Buy | €515M |
| Category | Company |
|---|---|
| Founded | 1985 |
| Sector | Oil/Gas Exploration |
| Employees | 397 |
| Revenue | 1.5B USD (2024) |
Tullow Oil is an independent oil and gas exploration and production group. Our focus is on finding oil in Africa and the Atlantic Margins, combined with selective development and high-margin production to fund our exploration-led strategy. Tullow Oil was founded in 1985 and is based in London, England.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Oil/Gas Exploration M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: Uganda M&A | 1 of 1 |
| Year: 2020 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-01-22 |
Spring Energy Norway AS
Oslo, Norway Spring Energy Norway AS is an oil and gas company established by a group of Exploration & Production (E&P) professionals with extensive experience and an excellent track record from the Norwegian Continental Shelf (NCS). The company participates in exploration, appraisal and development projects on the NCS, with the objective of developing a risk balanced portfolio over the next 3 to 5 years. |
Buy | $372M |
