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Supplier News
Premier and partners awarded two blocks in Mexico's Round 1Jul 17, 2015Premier, together with its joint venture partners Talos Energy (operator) and Sierra Oil & Gas, has been awarded Blocks 2 and 7 in Mexico's Round 1 held in Mexico
Shell to sell its equity interest in the Elba LNG joint venture to Kinder MorganJul 17, 2015Kinder Morgan, Inc. and Shell have reached an agreement for Kinder Morgan to purchase 100 percent of Shell's equity interest in Elba Liquefaction Company, LLC (ELC), the owner of the Elba Liquefaction Project, which is proposed to be constructed and operated at the existing Elba Island LNG Terminal near Savannah, Georgia. Kinder Morgan currently owns 51 percent of the ELC joint venture.
Westcore Energy to acquire oil and gas properties of Allstar EnergyJul 16, 2015Westcore Energy Ltd. has entered into a binding letter agreement with 49 North Resources Inc. and its wholly-owned subsidiary, Allstar Energy Limited regarding the
Aqueos Corporation and Bibby Subsea ROV form a strategic allianceJul 15, 2015Aqueos Corporation and Bibby Subsea ROV, LLC have entered into a strategic alliance to jointly market their combined services to pursue subsea
Tethys Petroleum refuses acquisition by Nostrum Oil & GasJul 15, 2015Tethys Petroleum Limited refers to its announcement dated July 13, 2015 confirming the approach made earlier that day by Nostrum Oil & Gas PLC
WPX Energy to acquire RKI Exploration & ProductionJul 15, 2015WPX Energy announced a definitive merger agreement to acquire privately held RKI Exploration & Production, LLC for $2.35 billion plus the assumption
Halliburton and Baker Hughes provide update on proposed acquisitionJul 14, 2015Halliburton Company and Baker Hughes Incorporated have entered into a timing agreement with the Antitrust Division of the U.S. Department of
Northcote Energy divests South Weslaco gas field to Springer EnergyJul 14, 2015Northcote has transferred its entire interest in the South Weslaco Gas Field, Hidalgo County, Texas to Springer Energy Partners, LP. Springer
Nostrum approaches Tethys Petroleum regarding potential takeover offerJul 14, 2015Nostrum Oil & Gas says that, following the recent announcements by Tethys regarding its strategic collaboration with and financing by AGR Energy,
ALFA and Harbour Energy to terminate acquisition of Pacific RubialesJul 10, 2015Pacific Rubiales Energy Corp., at the request of ALFA, S.A.B. de C.V. and Harbour Energy Ltd., has agreed with Harbour Energy, L.P., Harbour Energy,
Wellsite Rental Services to merger with Viking Oil ToolsJul 10, 2015Wellsite Rental Services, LLC (Wellsite), and Viking Oil Tools (Viking), have agreed to merge to form Wellsite Fishing and Rental Services, LLC.
MOL Group successfully completed its first acquisition in NorwayJul 10, 2015MOL Group has successfully completed a deal to acquire 100% ownership of Ithaca Petroleum Norge (IPN) from Ithaca Petroleum Ltd. The deal doubles the size of MOL Group’s exploration portfolio, adding 600 million barrels of net un-risked best estimate prospective reserves. Entry into the Norwegian market also takes the company a step closer towards becoming an offshore operator in the North Sea.
Valeura to convert Banarli licence, Turkey, to two new licences with 13% larger areaJul 9, 2015Valeura Energy Inc. says that the General Directorate of Petroleum Affairs of the Republic of Turkey (GDPA) has approved the Corporation's
Legacy Reserves to acquire East Texas assets for $440 millionJul 9, 2015Legacy Reserves LP has entered into separate agreements with affiliates of Anadarko Petroleum and Western Gas Partners, LP to purchase natural
Azonto Petroleum to sell interest in Vioco PetroleumJul 9, 2015Azonto Petroleum says that the Company's subsidiary, Azonto Petroleum Holdings Limited, has entered into a conditional sale and purchase
Dekra insight acquires Optimus Seventh GenerationJul 9, 2015Global consulting, testing, and advisory firm DEKRA Insight has acquired Optimus Seventh Generation Ltd., in Aberdeen, Scotland, a company
Gastar Exploration closes sale of non-core Oklahoma assetsJul 8, 2015Gastar Exploration Inc. has completed the sale of certain non-core assets in Oklahoma to an undisclosed private third-party for a total
Rosneft Brasil and PetroRio receive ANP approval for the Solimoes project transactionJul 8, 2015Rosneft Brasil and PetroRio received approval by the Brazilian National Petroleum, Natural Gas and Biofuels Agency (ANP) for the Rosneft Brasil
Northcote Energy and Gaia Ecologica provide joint venture updateJul 8, 2015Northcote is pleased to announce a positive update in respect to activities undertaken through its Joint Venture in Mexico with Gaia Ecologica
StonePoint Energy agrees proposed acquisition by Endurance EnergyJul 8, 2015StonePoint Energy Inc. has entered into a definitive arrangement agreement pursuant to which Endurance Energy Ltd. ('Endurance'), a portfolio
Providence Resources acquires Atlantic Petroleum's interest in FEL 3/04Jul 7, 2015Providence Resources is pleased to provide an update on Frontier Exploration Licence 3/04, which lies in c. 1,500 metre water depth
Impact Selector and Wireline Engineering announce strategic combinationJul 7, 2015Impact Selector and Wireline Engineering are joining forces through a strategic transaction. The combination brings together industry leaders
AGL Energy to divest non-core assets following upstream gas reviewJul 7, 2015AGL Energy Limited has announced that, following a comprehensive review of its Upstream Gas business, it would focus on core gas projects
Tanager Energy closes acquisition of oil and gas propertyJul 6, 2015Tanager Energy Inc. has closed the purchase of a 39% working interest in an oil and gas property for $110,000.
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