Statoil Energy Ventures Makes First InvestmentMar 7, 2016Statoil Energy Ventures has announced that it has invested USD 3 million in United Wind, a provider of distributed wind energy leasing solutions.
Power Electronics Manufacturing AgreementMar 7, 2016SFC Energy, a provider of hybrid power solutions to the stationary and mobile power generation markets, has announced the signing of a power electronics manufacturing agreement...
Weekly Rig Counts from Baker HughesMar 6, 2016Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website. US rig count: -13 to 489 rigs…
New Cyber Security Solution for Oil and Gas CustomersMar 4, 2016Harris CapRock Communications, global provider of managed communications services for remote and harsh environments, has launched SafePass™ Pro...
Seatronics: New Head of FinanceMar 3, 2016Seatronics, an Acteon company, and part of its survey, monitoring and data business segment, has announced the appointment of Kevin Strachan as head of finance.
Johan Sverdrup Production Drilling CommencesMar 1, 2016Statoil reports that at 00:00 on Tuesday 1 March the
Deepsea Atlantic drilling rig started the first of a total of 35 wells to be drilled in the first phase of the Johan Sverdrup field development.
MEO Australia to raise $1.4 million to fund Cuban explorationFeb 29, 2016MEO Australia Limited has executed a Private Placement Agreement with London listed Leni Gas Cuba Limited to raise $1.4 million, with funds to be used to advance MEO’s exploration
Marksmen Energy to complete private placementFeb 29, 2016Marksmen Energy Inc. intends to complete by March 31, 2016 one or more additional closing(s) of its previously announced non-brokered private placement of up to 10,000,000 common shares
Resolute Energy declares 2016 capital budgetFeb 29, 2016Resolute Energy Corporation declared its 2016 capital budget and issued guidance as to anticipated production and costs for 2016. Resolute also provided detail on its year-end
GE completes divestment of power generation assets to Ansaldo EnergiaFeb 29, 2016GE closed its transaction to divest select power generation assets to Ansaldo Energia. GE first announced the transaction in September 2015 when the European Commission and U.S.
MX Oil agrees sale of investment in Aje fieldFeb 29, 2016MX Oil plc has now agreed terms for the sale of its investment in the Aje Field offshore Nigeria to GEC Petroleum Development Company Limited ('GPDC').
West Texas Resources acuires WI in Gregg County, Texas leaseFeb 26, 2016West Texas Resources, Inc. has completed a working interest acquisition agreement with Two Eagles Resources of White Oak, Texas. The agreement involves West Texas
ENGIE acquires OpTerra Energy ServicesFeb 26, 2016ENGIE and OpTerra Energy Services say that a member of the ENGIE Group has acquired OpTerra Energy Services and its affiliated companies.
Petro River updates on Horizon Energy Partners' farmout agreementFeb 26, 2016Petro River Oil Corp. has released an update from Horizon Energy Partners, LLC relating to a Farmout Agreement between Horizon Energy's wholly owned subsidiary, Grapevine Energy,
MISC acquires 50 % stake in Gumusut-Kakap Semi-FPSFeb 26, 2016Malaysia International Shipping Company (MISC) has entered into a conditional share purchase agreement with E&P Venture Solutions Co Sdn. Bhd. (EPV) to acquire the remaining
Sri Lanka signs agreement with Total for two deepwater blocksFeb 25, 2016The Government of Sri Lanka has signed a Joint Study Agreement (JSA) on the 18th of February 2016 with French oil major Total, to explore two ultra-deep water blocks off the east coast of Sri Lanka. The objective of this study is to explore the two offshore blocks
LGO Energy working on potential strategic investmentsFeb 25, 2016LGO Energy plc has continued working closely with its advisors in the USA, Wellford Capital Markets, LLC and Height Securities, LLC, on potential strategic investments in the business.
Bell Geospace acquires new Lockheed Martin InstrumentFeb 25, 2016Bell Geospace has acquired their fourth Full Tensor Gravity Gradiometer (FTG). The addition of this instrument to their fleet will allow Bell to continue to meet the needs of clients in Africa and Southeast Asia
Nostra Terra acquires producing assets in the Permian BasinFeb 23, 2016Nostra Terra Oil & Gas has acquired producing assets in the Permian Basin of New Mexico from Alamo Resources II, LLC. The company has agreed to pay US$3.0 million to acquire a 60% WI
Argos signs participation agreement with Noble Energy and Edison InternationalFeb 23, 2016Argos Resources Limited, which holds a 5% Overriding Royalty Interest in Licence PL001 in the North Falkland Basin, has signed a Participation Agreement with Noble Energy Falklands Limited and Edison International
Gastar Exploration signs agreement to sell certain Appalachian Basin assetsFeb 23, 2016Gastar Exploration Inc. has entered into a definitive purchase and sale agreement to sell certain Appalachian Basin assets primarily located in Marshall and Wetzel Counties, West Virginia.
Empyrean Energy completes sale of Sugarloaf AMI projectFeb 23, 2016Empyrean Energy Plc has reached financial close on 19 February 2016, Houston time, of the purchase and sale agreement with Carrier Energy Partners II, LLC, a Delaware corporation, to dispose
Romgaz to relinquish EX29 Est Rapsodia Block in the Black SeaFeb 22, 2016Following the results obtained from exploration operations, ROMGAZ and its partners intend to relinquish the EX29 Est Rapsodia Block in the Black Sea
McDermott declares Date of Naming Ceremony for DLV 2000Feb 22, 2016McDermott International, Inc. has plans to conduct the naming ceremony for its new flagship derrick lay vessel, the DLV 2000, at Keppel’s Singmarine Shipyard in Singapore on Thursday, April 14, 2016.
