Kea Petroleum announces proposed disposal of assets
Jun 29, 2015
Kea Petroleum has conditionally agreed to sell its 70% interest in PEP51153, the licence which includes the Puka wells and the Shannon prospect,

Plexus Holdings sells non-core investment for £1.5million
Jun 29, 2015
Plexus Holdings says that its wholly owned subsidiary Afrotel Corporation Ltd has divested its sole asset, consisting of a 25% shareholding interest in KSW Engineering

Parkland Fuel Corporation closes the Pioneer Energy acquisition
Jun 29, 2015
Parkland Fuel Corporation (Parkland) has closed its acquisition of the assets of Pioneer Energy (Pioneer), the appointment of Mr. Tim Hogarth to its Board of Directors,

Blue Water Petroleum signs LoI with Viscos Energy Partners to form JV
Jun 29, 2015
Blue Water Petroleum Corp. has signed a Letter of Intent with European company Viscos Energy Partners to form a joint venture company called STO to operate VEP's

Roxi Petroleum granted three year BNG licence extension
Jun 26, 2015
Roxi Petroleum says that the licence for its flagship BNG Contract Area has been successfully renewed for a further period of 3 years ending on 7 June 2018.

Montana Exploration Corp. to acquire Gale Force Petroleum Inc.
Jun 26, 2015
Montana Exploration Corp. and Gale Force Petroleum Inc. have entered into an arrangement agreement pursuant to which MTZ will acquire all of the

Sefton Resources to acquire producing petroleum assets in Indonesia
Jun 26, 2015
Sefton Resources Inc. indicated its interest in acquiring producing petroleum assets in Indonesia. The board of directors of Sefton (the Board) is pleased to announce the Company

VARD acquires automation and control system software provider
Jun 25, 2015
Vard Holdings Limited (VARD) has acquired ICD Software, a provider of automation and control system software for the offshore and marine sectors, via its subsidiary Seaonics.

MX Oil on potential acquisition of interest in development stage project
Jun 25, 2015
MX Oil plc provides an update on its evaluation of an opportunity to acquire an indirect, non-operating minority interest in a substantial development stage

eDrilling adds Geosteering to wellSIM
Jun 25, 2015
eDrilling is pleased to announce Geosteering capabilities have been added to their wellSIM. Responding to a need from energy companies globally with a significant number of

Woodside Petroleum offered Browse retention lease renewals
Jun 25, 2015
Woodside has received retention lease renewal offers for petroleum retention leases WA-28-R, WA-29-R, WA-30-R, WA-31-R, WA-32-R, TR/5 and R2, from

Unique Group to double global subsea and offshore business
Jun 25, 2015
Unique Group has set in place measures to double its size and global infrastructure by 2019 through capital investment, acquisitions and expansion into key markets.

Workstrings International completes global expansion
Jun 24, 2015
Workstrings International (Workstrings) has completed global expansion projects in Africa, the United States and the United Kingdom. These expansion projects,

WPX Energy adds acreage in Gallup oil play
Jun 23, 2015
WPX Energy has completed the purchase of another 14,300 net acres in the San Juan Basin's Gallup oil window from an undisclosed seller for approximately $26 million.

Petro Matad updates unconditional status of Mongolia farm-out agreement
Jun 23, 2015
The Board of Directors of Petro Matad is pleased to announce that the final condition to the farm-out becoming unconditional has been waived by BG Group.

Union Jack Oil to acquire further interest in PEDL253, Biscathorpe
Jun 23, 2015
Union Jack Oil plc has reached agreement with Egdon Resources plc and Montrose Industries Limited to earn an additional 2% interest in PEDL253, located

Williams to explore strategic alternatives
Jun 23, 2015
Williams says that its Board of Directors has authorized a process to explore a range of strategic alternatives following receipt of an unsolicited proposal to acquire

Gazprom Neft and Skolkovo Foundation join forces in major agreement on strategic cooperation
Jun 22, 2015
Alexander Dyukov, CEO Gazprom Neft, and Victor Vekselberg, President of the Skolkovo Foundation, have used the opportunity of the St Petersburg

Total sells its interest in the Schwedt refinery to Rosneft
Jun 22, 2015
Total has signed an agreement to sell its 16.67% interest in the Schwedt refinery in northeastern Germany (Brandenburg) to Rosneft, which already holds

Magnum Hunter to sell non-core undeveloped leasehold acreage in Tyler County
Jun 22, 2015
Magnum Hunter Resources Corporation says that Triad Hunter, LLC, a wholly-owned subsidiary of the Company, has closed on the previously announced definitive

SunEdison signs definitive agreement to acquire GME
Jun 19, 2015
SunEdison, Inc. has signed a definitive agreement to acquire 100 percent of Globeleq Mesoamerica Energy (GME), Central America's leading renewable energy company.

Wintershall to sell selected assets on the Norwegian continental shelf
Jun 19, 2015
Wintershall, a 100% BASF subsidiary, is further optimizing its portfolio by divesting assets in the four non-operated fields Knarr (20%), Veslefrikk (4.5%),

Torchlight Energy signs LoI to sell portion of Hunton assets
Jun 18, 2015
Torchlight Energy Resources, Inc. has signed a Letter of Intent to sell approximately 40% of its Hunton Assets to a private buyer. The agreed upon

KNOT Offshore Partners completes acquisition of Dan Sabia
Jun 17, 2015
KNOT Offshore Partners LP has completed its acquisition of all the ownership interests in the company that owns and operates