Leni Gas & Oil raises £7 million for Trinidad investmentJul 18, 2014Leni Gas & Oil has raised £7 million before expenses, by way of a Company arranged placing of 200 million new ordinary shares
Further growth and investment at ACE WinchesJul 17, 2014ACE Winches reported turnover of £35.4million for the year ended 31 October 2013, a 14% increase on the previous year.
Sterling Resources to raise US$32 million through equity private placementJul 17, 2014Sterling Resources Ltd. has entered into agreements with certain existing shareholders to issue 71,579,746 new common shares at
Getech signs further clients to fund its new global multi-satellite gravity projectJul 17, 2014Getech has now signed further clients to fund its new global multi-satellite gravity project. In July 2013, the Company had funding in excess of £500k to
Adira Energy to arrange a non-brokered private placementJul 16, 2014Adira Energy Ltd. has arranged a non-brokered private placement of US$60,000 through the issue of 1,200,000 common shares of the
Par Petroleum Corporation secures financing for acquisitionJul 15, 2014Par Petroleum Corporation has finalized the terms of a $125 million debt facility consisting of a $50 million Term Loan and a $75 million
Far East Energy gets a further 2 month extension of existing loan facilityJul 14, 2014Far East Energy Corporation receives a further extension of the maturity date of its existing bridge facility with Standard Chartered Bank (SCB).
ADIL caps six months of growth with North Sea contracts in excess of £3millionJul 14, 2014ADIL has capped a successful first six months of 2014 with contract wins totalling in excess of £3million across its Aberdeen and
Seadrill refinances three high specification ultra-deepwater unitsJul 11, 2014Seadrill Limited has received commitments from 17 banks for a US$1.35 billion credit facility with a 5 year term and 10 year
ONGC Videsh raises USD 2.2 billion from international marketsJul 10, 2014ONGC Videsh Limited (ONGC Videsh), the wholly-owned subsidiary of Oil and Natural Gas Corporation Ltd., has priced $1.5 billion
GE and Suncor Energy invests to improve Alberta's oil sandsJul 10, 2014GE and Suncor Energy has signed two agreements which provide the opportunity for an investment of up to approximately $18 million.
Stream signs Letter of Intent to issue debenture of up to Cdn$5.0 millionJul 8, 2014Stream Oil & Gas Ltd. has entered into a Letter of Intent (LOI) to arrange the issuance of a debenture of up to Cdn$5.0 million to Letho
Frontera Resources completes an equity fund raising initiativeJul 4, 2014Frontera Resources Corporation has successfully completed an equity fund raising initiative that will support ongoing operations as
Antwerp welcomes 1 billion dollar investment by ExxonMobilJul 4, 2014Antwerp Port Authority is extremely pleased with the decision by the American oil giant ExxonMobil to invest more than 1 billion dollars
Agreement reached between New Zealand Oil & Gas and Genesis EnergyJul 2, 2014Agreement has been reached between New Zealand Oil & Gas and Genesis Energy over the payment of overriding royalties from the
Otto Energy fully repays BNP Paribas financing facilityJul 2, 2014Otto Energy Ltd has fully repaid the BNP Paribas financing facility, which was put in place in December 2012 to fund Otto's share of the
Africa Oilfield Logistics cheers with positive trading updateJul 1, 2014Africa Oilfield Logistics Ltd is happy with a positive trading update from the Company's primary investment, Ardan Risk & Support Services ('Ardan').
EV secures £69M investment led by DunedinJun 26, 2014UK-based EV has completed a £69 million management buyout backed by Dunedin, the UK mid-market buyout house.
Wellton Energy secures opportunities worth a potential USD$45 millionJun 26, 2014Wellton Energy is celebrating a hugely successful year in 2013, during which it secured opportunities worth a potential USD$45 million
DONG Energy approves a new heating agreement for Skærbæk Power StationJun 26, 2014The boards of directors of TVIS, the heating transmission company in the Danish Triangle Region, and DONG Energy have just
Swire Oilfield Services to develop three new operational yards in Southeast AsiaJun 24, 2014Swire Oilfield Services has decided to further invest in Southeast Asia with the development of three new operational yards and the
Rose Petroleum to raise £6.5m through oversubscribed conditional placingJun 23, 2014Rose Petroleum is pleased to announce its intention to raise £6.5m by way of an oversubscribed conditional placing and subscription.
UKCCSRC announces £2.57M funding for CCS ResearchJun 23, 2014The UK Carbon Capture and Storage Research Centre (UKCCSRC) has announced the allocation of £2.57million from its research
InterOil secures US$300 million credit facilityJun 18, 2014InterOil Corporation has finalised a US$300 million syndicated, senior secured capital expenditure facility through a consortium of banks