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Tailwind Energy Buys Decipher Energy

Tailwind Energy Ltd has announced the acquisition of Decipher Energy Limited.
The company said the acquisition will allow Tailwind to continue to deploy its strategy of exploiting organic production and near term reserves growth opportunities while building out the Tailwind portfolio. Tailwind noted that the transaction is subject to statutory regulatory and government approvals.
Back in November 2018, Tailwind announced that it had completed an acquisition of EOG’s UK business. In September 2018, the company announced the completion of an acquisition of interests in the Triton Cluster from Shell UK Limited, Shell EP Offshore Ventures Limited, and Esso Exploration and Production UK Limited. ....

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Ecopetrol (EC) Makes Shell 50% Partner in Colombian Blocks

Ecopetrol (EC) Makes Shell 50% Partner in Colombian Blocks
Zacks.com
12/29/2020
Ecopetrol S.A. EC announced the completion of a pre-agreed acquisition of its 50% stake in three deepwater oil and gas blocks of Colombia by Shell EP Offshore Ventures Limited, a subsidiary of
Royal Dutch Shell Plc RDS.A.
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Shell now owns interest in the Fuerte Sur, Purple Angel and COL-5 blocks, placed in the deepwaters of the Caribbean Sea offshore Colombia where a new gas province including the Kronos (2015), Purple Angel and the Gorgon (2017) wells were found. Per Ecopetrol, the deal was consummated on Dec 23.
Notably, Shell now being the new operator of the blocks, will contribute its know-how to address the technical challenges caused by offshore operations. Beside, this oil and gas supermajor will fund Ecopetrol s investments. ....

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