Chariot update on Morocco farm-outDec 24, 2014Chariot Oil & Gas Limited says that the farm-out signed between its wholly owned subsidiary, Chariot Oil & Gas Investments (Morocco) Ltd. and a wholly
Enegi Oil results for the year ended 30 June 2014Dec 24, 2014Enegi announces its results for the year ended 30 June 2014. Continuing focus on the development of the Marginal Field Initiative through ABT Oil and Gas Ltd.
Gazprom outline investment program, budget and costDec 24, 2014The Gazprom Board of Directors took notice of the information about the Company's preliminary operating results for 2014, projected Investment
Statoil optimises portfolio – realising USD 394 million from Marcellus assetDec 24, 2014Statoil has agreed to reduce its working interest in the non-operated US southern Marcellus onshore asset from 29% to 23%, following a USD 394 million
Flexlife registers increased revenue and profitDec 24, 2014Flexlife has demonstrated enhanced business growth in its annual results for the year ending 31 March 2014. This includes an increase in headline EBITDA to £1.034m and a 5% increase in
Bowleven to complete Etinde farm-out transactionDec 24, 2014Bowleven says that the Etinde farm-out transaction with LUKOIL/NewAge is at the final stage of completion. Following the Government's official approval
BP and SOCAR sign an agreement to explore shallow water Absheron PeninsulaDec 23, 2014BP and SOCAR (the State Oil Company of the Republic of Azerbaijan) has signed a new production sharing agreement (PSA) to jointly explore for and
Premier completes the sale of its non-operated interests to MOL GroupDec 23, 2014Premier Oil provides an update in relation to two previously announced asset sales which have now completed. The combined cash consideration of the two transactions is $147.5 million. Premier has completed the sale of its non-operated interests in the producing Scott, Telford and Rochelle fields to MOL Group for a cash consideration of $130 million
Mosman Oil updates on takeover bid for MEO AustraliaDec 23, 2014The Directors of Mosman Oil and Gas Limited, the New Zealand and Australia focussed oil exploration and development company is pleased to update
Providence Resources comment on litigation with TransoceanDec 23, 2014Providence Resources notes recent press commentary regarding litigation between Providence and Transocean Drilling UK Limited, a subsidiary of
Sherritt International signs two new production-sharing contractsDec 22, 2014Sherritt International Corporation has signed two new Production Sharing Contracts (PSCs) with the Government of Cuba. The new blocks, 8A and 10, are located in Central and Northern Cuba
Rosetta Resources announces 2015 capital budget and guidanceDec 22, 2014Rosetta Resources Inc. announced its Board of Directors has approved a 2015 capital budget with the flexibility to spend up to $900 million. Considering
Pacific Rubiales to sell U.S.$320 million of interest in Pacific Midstream to IFCDec 22, 2014Pacific Rubiales Energy Corp. has executed definitive agreements with the International Financial Corporation (IFC), a member of the World Bank
Rose Petroleum : Grant of Drilling Permit for State 1-34 wellDec 19, 2014Rose Petroleum’s wholly owned subsidiary, Rose Petroleum (Utah) LLC, has been granted the Drilling Permit from the State of Utah to enable operations
African Petroleum enters first renewal period on Senegal licenceDec 19, 2014African Petroleum Corporation says that its subsidiary African Petroleum Senegal Limited has just received confirmation from the President in the form of
Hawk Exploration provide guidance on the Corporation's 2015 capital budgetDec 19, 2014Hawk Exploration Ltd. announce an operational update and provide guidance on the Corporation's 2015 capital budget. Hawk drilled three (3.0 net) oil wells in western
Argent Energy Trust to reduce 2015 capital budgetDec 19, 2014Argent Energy Trust announces that in response to the current commodity price environment, it is reducing both its 2015 capital budget by approximately
Legacy Oil + Gas announces 2015 sustainability budgetDec 19, 2014Legacy Oil + Gas Inc. announce its capital and operating budget and associated production guidance for 2015. In the current environment of low oil
EXHEAT Group acquires Seaward Safety LtdDec 19, 2014EXHEAT Group Ltd has acquired 100% of Seaward Safety Ltd share capital, specialists in Marine and Offshore safety signage and systems.
Shell agrees to sell downstream businesses Norway to ST1Dec 19, 2014Shell has signed an agreement with ST1 for the sale of its retail, commercial fuels and supply and distribution logistics businesses in Norway. In addition, Shell's aviation business in Norway will become a 50-50 joint venture with ST1. The sale is subject to regulatory approval and is expected to be completed in 2015.
NEOS GeoSoloutions completes airborne acquisition operations in LebanonDec 18, 2014NEOS GeoSolutions, Inc. has completed airborne acquisition operations, with the full support of its local partner Petroserv SAL, on its previously
Sheridan raises $1.5 billion for acquisition of onshore US producing oil and gas assetsDec 18, 2014Sheridan Production Partners has raised $1.5 billion in equity commitments through its third fund, Sheridan Production Partners III, to acquire onshore
Cambla exceeds growth expectations in its first year of businessDec 18, 2014Independent project services consultancy, Cambla, has achieved significant success during its first year of business as it announces it has exceeded its
Ramboll acquires US-based ENVIRONDec 18, 2014Ramboll has acquired the US-based global consultancy, ENVIRON, adding more than 1,500 environmental and health science specialists in 21 countries.