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Financial
Soma Oil & Gas issues response to accusations of fraudulent paymentsAug 5, 2015Soma Oil & Gas confirms that it has been informed by the Serious Fraud Office that it is investigating an allegation that has been
White Marlin Oil and Gas closes acquisition of Dune Energy assetsAug 5, 2015White Marlin Oil and Gas Company, LLC ('White Marlin') has closed the acquisition of certain properties from Dune Energy, Inc., Dune
Touchstone disposes undeveloped Saskatchewan acreageAug 5, 2015Touchstone Exploration Inc. has disposed of its working interest in 1,166 net hectares of undeveloped acreage in the Dodsland area of Saskatchewan
Grampian Fortress is latest vessel to join Craig Group’s fleetAug 4, 2015Global shipping and energy services firm, Craig Group, has launched its first F-Class vessel, the Grampian Fortress. The IMT 958 multi-role emergency response
Exceed join forces in new entityAug 4, 2015Exceed has has joined forces with eight former members of senior staff from Applied Drilling Technology International (ADTI).
Emerald Oil forms venture with Koch ExplorationAug 4, 2015Emerald Oil, Inc. announced a venture with Koch Exploration Company, LLC, the results of two Southern McKenzie County wells, and the initiation of a Midstream Joint Venture.
Lime Petroleum acquires 50% interest in two Norwegian Sea licensesAug 4, 2015Hibiscus Petroleum Berhad says that its jointly-controlled entity, Lime Petroleum Norway AS has executed an agreement with EnQuest Norge AS to acquire their 50%
Maxim signs extension agreement with Quest for closing acquisitionAug 3, 2015Maxim Resources Inc. has signed an extension agreement with Quest Investments LLC, (QI), for its acquisition of an equity stake in Quest Oil & Gas
ExxonMobil earns $4.2 billion in the second quarter of 2015Aug 3, 2015Exxon Mobil Corporation announced estimated second quarter 2015 earnings of $4.2 billion, or $1 per diluted share, compared with $8.8 billion
LNGL Global enters into alliance with Chart IndustriesAug 3, 2015Liquefied Natural Gas Limited (LNGL) is entering into a supplier alliance agreement (SAA) with Chart Industries, Inc. (Chart) through Chart's
AWE remains on track to meet its end-of-year guidance of productionAug 3, 2015With a diverse portfolio focused across a number of stable geopolitical areas AWE, has 2P reserves of 81.5mmboe representing over
Canamax Energy and Powder Mountain closes business combinationAug 3, 2015Canamax Energy Ltd. and Powder Mountain Energy Ltd. have completed the acquisition by Canamax of all of the issued and outstanding
Savannah Petroleum signs production sharing contract for the R3/R4 license area, NigerAug 3, 2015Savannah Petroleum is pleased to announce the signing of a Production Sharing Contract by Savannah Petroleum Niger and the Government
Arup joins the marginal field delivery consortiumAug 3, 2015Enegi Oil is pleased to provide a further update on the development of the Marginal Field Initiative by ABT Oil and Gas Ltd. (ABTOG), the Company's joint venture
Shell to sell its shareholding in Showa Shell to IdemitsuAug 3, 2015Shell has reached an agreement with Idemitsu for the sale of 125,261,200 shares in Showa Shell Sekiyu KK, representing a 33.24% shareholding in the company,
Afren Plc provides an update on its financial situation.Aug 3, 2015Afren Plc provides an update on the outcome of the discussions regarding its financial situation. As announced on 15 July 2015, the recently completed operational review
The Parkmead Group wins three new UK oil and gas licensesAug 3, 2015Parkmead has been provisionally awarded three new licences covering three offshore blocks in the UK 28th Licensing Round. These newly awarded licences are part of
Major Incorporated sold to Shale InlandAug 3, 2015Major Incorporated, a U.S. Northeast-based distributor of pipe, valves, fittings, and actuation solutions, has been acquired by Shale-Inland from Platform Management.
Total acquires operatorship of PRL 15, Papua New GuineaAug 3, 2015InterOil Corporation and Total E&P PNG Limited have agreed that Total will become operator of Petroleum Retention License 15 in the Gulf Province of Papua New Guinea from August 1, 2015. On February 27, 2015 InterOil announced that the PRL 15 Joint Venture, which is developing the Elk-Antelope gas discovery as the Papua LNG Project, had unanimously appointed Total as the operator, subject to an agreed transition plan.
Sterling Energy completes acquisition of interest in Block C-3, MauritaniaJul 31, 2015Sterling Energy plc says that completion has now occurred under the sale and purchase agreement between its wholly owned subsidiary, Sterling Energy
Azinor Catalyst awarded further licences through the UK 28th Offshore RoundJul 31, 2015Azinor Catalyst has been awarded two traditional licences as part of the Second Tranche of Offers through the UK 28th Offshore Round.
Pryce Gases 10% farm-in to SC55 Hawkeye rig mobilisedJul 31, 2015Otto Energy Ltd subsidiary, Otto Energy Philippines Inc. (Otto Philippines), has signed a farm-in option agreement with Pryce Gases Inc (Pryce Gases) to earn
Total sells minority interests in West of Shetland fields for £565 millionJul 30, 2015Total has signed an agreement to sell 20% of its interests in the Laggan, Tormore, Edradour and Glenlivet fields, located in the West of Shetland area, to SSE E&P
Hurricane Energy awarded new blocks in 28th offshore licensing roundJul 30, 2015Hurricane Energy plc has been successful in its applications for two further West of Shetland blocks in the Oil and Gas Authority's 28th Offshore Licensing Round Second Tranche of Offers.
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