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Sequa Petroleum to Cease Exploration, Production Activity in Norway

2017-02-10 rigzone
Oil and gas company Sequa Petroleum N.V. has revealed that it plans to cease its exploration and production activity in Norway, conducted through Tellus Petroleum AS, and focus on acquiring assets elsewhere in Europe.

German Wunderkind Turns to Plan B After Abu Dhabi Investors Walk - Bloomberg

2016-12-01 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Sequa Petroleum announces management updates

2016-07-06 oilvoice
Benjamin Lee has concluded his contract as Interim Chief Financial Officer, and has agreed to continue as a consultant to the Company advising on its ongoing investor process. Olly Horne, the Company's Interim Financial Controller, will assume Benjamin Lee's financial responsibilities under the oversight of the Management Board. Effective 1 July 2016, Mr Peter Haynes has stepped down as a director and gone on unpaid leave to focus on his continuing recovery from illness.

Sequa Petroleum decides not to progress Gina Krog acquisition

2016-04-19 oilvoice
Sequa Petroleum N.V. announces that it has decided not to progress with the acquisition of a 15% interest in Gina Krog, as announced on 19 October 2015 and subsequently approved by the Norwegian government on the basis of an effective date of 1 January 2015, and the acquisition of a 0.554% interest in the Ivar Aasen field from OMV, as announced on 9 November 2015, due to current market conditions. Further to the Notice to Bondholders on 11 April 2016 regarding the Company's U.

Deals of the day- Mergers and acquisitions

2016-04-19 reuters
April 19 The following bids, mergers, acquisitions and disposals were reported by 1325 GMT on Tuesday:

Oil Firm Sequa Petroleum Calls Off Planned Deals with Total, OMV

2016-04-19 rigzone
OSLO, April 19 (Reuters) - Oil firm Sequa Petroleum has called off two planned acquisitions of Norwegian offshore field interests, one from France's Total and the other from Austria's OMV, due to tough market conditions, it said on Tuesday.