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Financial
NPD investments to boost production from the Gullfaks fieldSep 24, 2015One of the major cash cows on the Norwegian shelf, the Gullfaks field, which has been producing for nearly 30 years, is facing further investments
Kosmos Energy withdraws from Porcupine BasinSep 23, 2015Europa Oil & Gas (Holdings) says that, subject to an application being made to the Irish Authorities and approval granted, it intends to assume 100% interest
ExxonMobil awards ISAPT sand screen license to SchlumbergerSep 23, 2015ExxonMobil Upstream Research Company has awarded Schlumberger an international license for ExxonMobil’s patented Internal Shunt Alternate
Sirius Petroleum to raise funds for Ororo field developmentSep 23, 2015Sirius Petroleum has raised a total of £1,035,000 (net of fees) through a Placing of 250 million new ordinary shares and a Subscription of 25 million
Wood Group acquires Automated Technology GroupSep 23, 2015Wood Group has acquired Automated Technology Group (ATG), one of the UK's largest independent suppliers of control and power solutions for industrial
Rosatom's total portfolio reaches $300 billion, continued growSep 22, 2015Russia’s State Nuclear Corporation ROSATOM presently has total orders worth US$300 billion for construction of 30 nuclear power units in 12 countries and discussions on construction of
Montana Exploration and Gale Force Petroleum complete acquisition arrangementSep 22, 2015Montana Exploration Corp. and Gale Force Petroleum Inc. have completed the plan of arrangement, pursuant to which Montana has acquired
ZaZa Energy extinguishes $50.1 million of debtSep 22, 2015ZaZa Energy Corporation says that the holders of all of the 8.00% Subordinated Notes due 2017, totaling ~$50.1 million in principal plus accumulated
Total sells 10% interest in Fort Hills to Suncor EnergySep 22, 2015Total has signed an agreement to sell a 10% interest in the Fort Hills oil sands mining project to the operating partner Suncor Energy. The total
Providence forms strategic exploration collaboration with SchlumbergerSep 22, 2015Providence Resources has signed a strategic and incentivised exploration collaboration agreement with Schlumberger in respect of the southern
Egdon Resources completes farm-out of interests in Licence PEDL005(R)Sep 22, 2015Egdon Resources plc is pleased to announce that all the required authorisations have been received in respect of separate farm-outs of Licence
Independent Resources signs JV agreement with Nostra Terra Oil & GasSep 22, 2015Independent Resources has signed a strategic joint venture agreement with Nostra Terra Oil & Gas plc, an AIM company with a portfolio
Argos Resources completes farm-out of Licence PL001Sep 22, 2015Argos Resources Limited is pleased to confirm the completion by its wholly-owned subsidiary, Argos Exploration Limited, of a farmout agreement
Candax Energy announces going private transaction with Its majority shareholderSep 21, 2015Candax Energy Inc. has entered into an Arrangement Agreement (the "Agreement") with Geofinance N.V. (Geofinance), pursuant to which
Conclusion of IPO roadmap for DONG EnergySep 21, 2015In connection with the capital injection in DONG Energy in February 2014, it was agreed between the main shareholders and the company
Hansa Hydrocarbons completes 4Quads licenes farm-out to ENGIESep 21, 2015Hansa Hydrocarbons Limited (Hansa) has completed a farm-out with GDF SUEZ E&P Nederland B.V. (part of the ENGIE Group) in respect
Petrel submits applications for Irish Offshore Licensing RoundSep 21, 2015Petrel has submitted applications for Licence Options in the recent Irish Offshore licensing round. We have targeted three separate
Resolute Energy to sell Hilight field assets, Powder River Basin, for $55 millionSep 18, 2015Resolute Energy Corporation has entered into a definitive agreement to sell its Hilight Field assets in the Wyoming Powder River Basin
Hoover Container Solutions acquires Tech Oil Products, Inc.Sep 18, 2015Hoover Container Solutions has acquired Tech Oil Products, Inc. (Tech Oil). Founded in 1980 and headquartered in New Iberia, Louisiana, Tech Oil has become
Antilles Oil and Gas farms-out of Block 105, PeruSep 17, 2015Antilles Oil and Gas NL is delighted to announce the farm-out of 50% of our acreage position in onshore Peru. The position is in the Titcaca
Northcote Energy disposes of equity investment in CEB ResourcesSep 17, 2015Northcote has disposed of its entire equity investment in CEB Resources plc, the AIM quoted investment vehicle focused on pursuing opportunities
Tower Resources signs Thali production sharing contract, offshore CameroonSep 17, 2015Tower Resources plc has signed the shallow water Thali (formerly known as Dissoni) Production Sharing Contract, offshore Cameroon.
Torchlight Energy enters farm-out agreement on Marcelina Creek projectSep 16, 2015Torchlight Energy Resources, Inc. has entered into a farm-out agreement with PetroBridge Energy for the Johnson #4 well in its Marcelina Creek
Penn West to sell Mitsue properties for $192.5 millionSep 16, 2015Penn West Petroleum Ltd. has entered into a definitive agreement for the sale of its properties in the Greater Mitsue area of Central Alberta
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