Bankers’ anchor asset is Albania’s Patos-Marinza oil field and neighboring concessions Block "F" and Kucova. Püspökladány Block totals contains the abandoned Biharnagybajom oil field.

Noble, BG, Cyprus, offshore, Israel, LNG, regulations, TPH, gas, Aphrodite, Leviathan

Noble gets a subpar price for some of its interest offshore Cyprus, including the Aphrodite natural gas discovery, while new regulations force the sale of offshore Israel licenses.

The takeover, which will involve FOGL's chief executive and chairman joining the Rockhopper board as non-executive directors, will merge the companies' exploration campaigns in the Falkland Islands.

Bidders included Accumulate Energy Alaska Inc. and Burgundy Xploration LLC, bidding together, 70 & 148 LLC and ConocoPhillips' Alaska subsidiary.

The partnership now has a 272,242 gross acre position in Alaska, which is almost triple that prior to the acquisition, the release said.

Dag Omre, senior vice president of Centrica Norway, said the company expects to spend 50 million British pounds per year on E&P, most of it in Norway, Reuters reported.

The move followed a review, which began in April, of the company’s options concerning its future. Other options considered included long-term financing for the group and a corporate M&A transaction. 

Investing in fresh projects, such as Culzean Field in British North Sea or Johan Sverdrup, will place Maersk close to producing 400Mbbl/d day in 2020, COO Gretchen Watkins said.

Denis Khramov, the first deputy minister, said the Erginskoye oil field could be auctioned in the first or second quarter of 2016, adding he expected the sale to draw high interest from producing companies.

The decision means Statoil will exit 16 Statoil-operated leases and its stake in 50 leases operated by ConocoPhillips, all in the Chukchi Sea, Statoil said in a news release. The leases were awarded in the 2008 lease sale in Alaska and expire in 2020.

BG CEO Helge Lund, who joined the company from Statoil in February 2015, has said he would not stay on after the merger, Reuters reported.

Under the deal, Delek paid $67 million for the rights to sell Noble’s 47 percent in the undeveloped Karish and Tanin fields, which together contain an estimated 3 trillion cubic feet of gas.