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.
Woodside acquires exploration acreage in SenegalFeb 22, 2016Woodside through its subsidiary Woodside Energy (Senegal) Pty Ltd has entered into an agreement with Impact Oil & Gas AGC Ltd to acquire a 65% participating interest in a
Samson Oil & Gas updates status of Foreman Butte acquisitionFeb 18, 2016As previously announced, Samson Oil and Gas USA Inc (a wholly owned subsidiary of Samson Oil and Gas Limited) entered into a contract to acquire oil and gas leases, producing oil and gas wells,
Northcote Energy initiates asset sales processFeb 18, 2016Northcote Energy says that over recent months, the Company has been in discussions with various parties who have expressed interest in acquiring its Oklahoma Portfolio.
Mintra combines with Norwegian OCS HR to form global teamFeb 18, 2016Mintra Training Portal has joined forces with Norwegian software firm OCS HR as part of ambitious growth plans. It is the latest development in the Mintra story. In 2014
Statoil agrees farm-in with OMV in New ZealandFeb 18, 2016Statoil has agreed with OMV to acquire a 30% working interest in Petroleum Exploration Permit (PEP) 57073. This will further strengthen Statoil’s position in New Zealand. The permit covers an area of 9,800 square kilometres in the East Coast Basin, and sits in water depths of 1,000-2,000 metres. OMV will remain the operator with 70% working interest. The transaction is subject to regulatory approval.
Nexif Energy acquires controlling interest in Vietnamese Hydro Power projectFeb 17, 2016Nexif Energy, a Southeast Asian independent power producer, has taken controlling interest in the 30 megawatt (MW) Coc San hydro power project in Vietnam through the acquisition of a majority ownership
Helix Energy to sell its 50% interest in Deepwater Gateway, L.L.CFeb 17, 2016Helix Energy Solutions Group, Inc. declared the sale of its 50% interest in Deepwater Gateway, L.L.C. (owner of the Marco Polo platform) to a subsidiary of Genesis Energy, L.P. for a cash purchase price of $25 million.
Tower Resources focuses on near-term opportunity in South AfricaFeb 17, 2016Tower Resources updates with regards to its interests in the SW Orange Basin Technical Co-operation Permit ('TCP') and the Algoa-Gamtoos Exploration Right ('Algoa-Gamtoos ER') offshore South Africa.
OMV initiates process to sell OMV Petrol OfisiFeb 16, 2016OMV initiates a process to sell up to 100% of its wholly owned subsidiary OMV Petrol Ofisi A. S., a company in the Turkish oil products retail and wholesale market.
Statoil strengthens its position in UruguayFeb 16, 2016Statoil has signed a farm-in agreement with Tullow to acquire a 35% working interest in offshore exploration block 15 in the Pelotas basin, deepening its position in Uruguay.
NUTECH partners with WellDatabase, introduces NuQuestFeb 16, 2016NUTECH has partnered with WellDatabase to launch NuQuest, the industry’s first comprehensive and intuitive digital platform providing standard well data coupled with corresponding reservoir
Rosneft and BP obtain regulatory approvals to dissolve the German JVFeb 15, 2016Rosneft has obtained the approval to dissolve the Ruhr Oel GmbH (ROG) Joint Venture from the German Federal Ministry of the Economy and Energy (Bundesministerium für Wirtschaft und Energie).
Europa Oil & Gas increases offshore Ireland acreageFeb 15, 2016Europa Oil & Gas (Holdings) plc has been awarded a new Licensing Option (the 'LO') in the southern Porcupine Basin, offshore Ireland, as part of phase 1 of the 2015 Atlantic Ireland round.
Pilot Energy receives approval for farm-in to Empire's onshore Perth Basin permitsFeb 15, 2016Pilot Energy has advised that the West Australian Department of Mines & Petroleum has approved the transfer of title and operatorship to the Company pursuant to its agreement with Empire Oil & Gas
Yuma Energy and Davis Petroleum enters into merger agreementFeb 15, 2016Yuma Energy, Inc. and privately held Davis Petroleum Acquisition Corp. have entered into a definitive merger agreement for an all-stock transaction. Upon completion of the transaction,
Ramba Energy completes Lemang PSC farmout to Mandala EnergyFeb 12, 2016Ramba Energy and Mandala Lemang Singapore have declared that SKKMIGAS approval has been received for the transfer of a 35% interest in the Lemang Production Sharing Contract (PSC)
Aminex agrees disposal of 3.825% interest in Kiliwani North to Solo OilFeb 12, 2016Aminex PLC has reached an agreement with Solo Oil plc for the disposal of a final 3.825% interest in the Kiliwani North Development Licence for a cash consideration of $2.16 million.
Blackstone forms partnership for offshore oil & gas drilling servicesFeb 12, 2016Blackstone has formed Clarion Offshore Partners LLC (Clarion), a new platform to provide strategic solutions to the offshore oil and gas drilling and services sector, with a financial
Bhagwan Marine acquires Delta SubseaFeb 11, 2016Australian marine services provider, Bhagwan Marine, has acquired Perth-based company Delta Subsea. Delta Subsea is recognised as a subsea engineering consultancy dedicated to
Black Mountain Oil and Gas makes partnership with Natural Gas PartnersFeb 11, 2016Black Mountain Oil & Gas, LLC has closed a $150 million equity commitment from Natural Gas Partners through NGP Natural Resources XI, L.P., the most recent NGP private equity
Shell sells its stake in UK North Sea Maclure oil and gas field to Nobel UpstreamFeb 11, 2016Nobel Upstream, the independent UK-based exploration and production company, has signed a sale and purchase agreement to acquire a 7.59 per cent non-operated interest in the Maclure oil
Cooper Energy to sell Indonesian exploration assets to Mandala EnergyFeb 11, 2016Cooper Energy has signed agreements for the sale of its Indonesian exploration assets to Mandala Energy Limited, a South East Asia focused oil and gas exploration and production company,
PA Resources divests its North Sea assets to PetrogasFeb 10, 2016PA Resources AB has signed an agreement to divest its portfolio of North Sea assets to Petrogas E&P. The sale includes the company’s 24% interest in license 12/06 in Denmark,
