COMPANY NEWS: BG buys Enron Indian E&P assets for $388 million

International merger and acquisition activity has gained pace in recent weeks, led in significance with BG Group PLC buying all the assets of Enron Oil & Gas India Ltd. (EOGIL) for $388 million.Elsewhere in upstream news, the following transactions were announced:Australia's shale oil "twins" Southern Pacific Petroleum NL (SPP) and Central Pacific Minerals NL (CPM), both of Melbourne, agreed to merge.Premier Oil PLC, London, has formed a strategic partnership with Kuwait Foreign Petroleum Exploration Co. KSC (Kufpec) by selling it a 50% interest in its Pakistan joint venture with Royal Dutch/Shell Group for $105 million.In midstream news, El Paso Energy Partners LP said it plans to ac...

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