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Supplier News
Premier Oil updates on acquisition of E.ON's UK North Sea assetsFeb 2, 2016On 13 January 2016, Premier had agreed to acquire the whole of E.ON's UK North Sea assets for a net consideration of $120 million plus completion adjustments. The proposed acquisition, which will be funded from
Cub Energy to increase ownership interest in KUBGAS up to 40%Feb 2, 2016Cub Energy Inc. says that pursuant to a letter agreement between the Company's wholly-owned subsidiary, Gastek LLC (Gastek), and Resano Trading Ltd (Resano), Gastek has revoked its notice to
Americas Petrogas acquires additional 30% interest in Bayovar ConcessionFeb 2, 2016Americas Petrogas Inc., through its Peruvian subsidiary, has acquired an additional 30% beneficial interest in the Bayovar mineral concessions 5, 6, 7 and 8 (the "Bayovar Concessions")
Statoil to explore offshore UruguayFeb 2, 2016Statoil Uruguay B.V. (Statoil) has agreed with Total E&P Uruguay B.V. (Total) to acquire 15% working interest in offshore exploration block 14 in Uruguay. This represents a new impact opportunity for Statoil and a new country entry. Block 14 is located in the Pelotas basin of the South Atlantic Ocean, approximately 200 kilometres off the coast of Uruguay. It covers an area of 6,690 square kilometres in water depths of 1,850 to 3,500 metres.
Sterling Energy withdraws from Block C-3, MauritaniaFeb 1, 2016Sterling Energy says that its wholly owned subsidiary Sterling Energy Mauritania Limited has submitted a notice of withdrawal to its joint venture partners in relation to Block C-3, offshore Mauritania.
Enbridge acquires Montney natural gas assets from Murphy Oil Corp.Jan 29, 2016Enbridge Inc. agrees the $538 million acquisition of Tupper Main and Tupper West gas plants and associated pipelines in northeastern B.C., from the Canadian subsidiary of Murphy Oil Corporation (Murphy).
Independent Oil and Gas confirms extension of Skipper licenceJan 29, 2016Independent Oil and Gas says that following discussions with the UK Oil & Gas Authority, the Skipper Licence P1609 Block 9/21a has been formally extended until 31 December 2016.
Carnarvon Petroleum secures 35% stake in Retention License TR/3Jan 28, 2016Carnarvon Petroleum Limited has secured a 35 percent interest in retention license TR/3 offshore Western Australia, containing the previously discovered Blencathra oil resource, WA-155-P
Shell shareholders vote in favour of the recommended combination between Shell and BGJan 28, 2016Royal Dutch Shell plc declares the poll result from General Meeting held at the Circustheater, Circusstraat 4, 2586 CW, The Hague, The Netherlands.
AWE sells US Shale assets for $190 millionJan 28, 2016AWE Limited has entered into an agreement to sell its 10% working interest in the Sugarloaf Area of Mutual Interest (AMI) to Carrier Energy Partners II, LLC (CEP II), for cash
Royal Energy to acquire control of Rhino Resource PartnersJan 27, 2016Royal Energy Resources, Inc. has entered into a Securities Purchase Agreement with Wexford Capital, LP, and certain of its affiliates (collectively, 'Wexford'), under which
Air Energi and Swift Worldwide combine in strategic mergerJan 27, 2016Air Energi Group Limited and Swift Worldwide Resources Limited have merged to form Airswift Holdings Limited, a $1.2bn turnover company specialising in global workforce solutions for
Amerisur Resources acquires Platino EnergyJan 27, 2016Amerisur Resources has acquired Platino Energy (Barbados) Ltd, a private company, from COG Energy for a total consideration of US$7MM.
Sound Energy acquires further interest in Sidi Moktar licencesJan 27, 2016Sound Energy has reached heads of agreement with PetroMaroc Corporation Plc in respect of Sound Energy's acquisition of PetroMaroc's 50% operated interest in three onshore
Union Jack Oil acquires interest in PEDL209 and the Laughton prospectJan 27, 2016Union Jack Oil plc has entered into an agreement with Egdon Resources plc, to farm-in to the conventional prospects only of PEDL209 containing the Laughton Prospect.
Krewe Energy acquires Lapeyrouse fieldJan 26, 2016Krewe Energy, LLC recently completed the acquisition of 100% of Castex Energy's interest in the Lapeyrouse Field located in Terrebonne Parish, Louisiana. Simultaneous to the Castex
PDi acquired by Tattva International Holdings Pte LimitedJan 26, 2016Aberdeen headquartered engineering consultancy Project Development International Ltd (PDi), declared it is under new ownership following an acquisition by Tattva
Northern Petroleum completes acquisition of Canadian production and reserves assetsJan 25, 2016Northern Petroleum confirms that the acquisition of the Canadian production and reserves assets announced on 12 November 2015 has now completed. T
Suncor Energy and Canadian Oil Sands file documents for amended offerJan 25, 2016Suncor Energy Inc. and Canadian Oil Sands Limited declared the filing and mailing of a notice of variation and change to Suncor's offer and a notice of change to the COS
Wood Group strengthens commissioning capabilities through Magma collaborationJan 22, 2016Wood Group has established a collaborative agreement with international engineering consultancy, Magma Products (Magma) to extend its existing commissioning service.
Frontier Resources : Namibia exploration licence expiredJan 22, 2016On 4 February 2014 the Board of Frontier declared that the Minister of Mines and Energy in Namibia had granted the Company a two year extension to its exploration licence
Total transfers 20% interest and operatorship of Kharyaga to ZarubezhneftJan 22, 2016Total and Zarubezhneft have agreed to adjust their participation in the Kharyaga Production Sharing Agreement whereby Total will transfer a 20% interest together with
Luxe Energy acquires initial assets of approximately 18,000 net acres in Delaware BasinJan 22, 2016Luxe Energy LLC has acquired certain undeveloped acreage and producing oil and gas properties located in Reeves and Ward Counties, TX from two separate sellers,
San Leon Energy terminates possible takeover discussionsJan 22, 2016The Board of San Leon notes that an offer period under the Irish Takeover Panel Act, 1997, Takeover Rules, 2013 in relation to San Leon commenced with effect from its
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