Range Resources closes Nora asset saleDec 31, 2015Range Resources Corporation has completed the sale of its Nora assets. After purchase price adjustments based upon a November 1st effective date, Range received
Petrobras concludes sale of interest in GaspetroDec 29, 2015Petrobras has concluded the sale of a 49% interest in Petrobras Gás S.A. (Gaspetro) to Mitsui Gás e Energia do Brasil Ltda (Mitsui-Gás).
Imperial Oil & Gas finalised farm out dealDec 28, 2015Empire Energy Group Limited says that Definitive Agreements have been signed between Imperial Oil & Gas Pty Ltd., (Imperial) a 100 percent owned subsidiary of the Company
Emerald Oil signs agreement to sell certain non-operated assetsDec 28, 2015Emerald Oil, Inc. and two of its wholly owned subsidiaries entered into a purchase and sale agreement with Angelus Private Equity Group (Angelus) pursuant to which Angelus
ONGC Videsh and Rosneft confirmed successful cooperationDec 28, 2015ONGC Videsh Limited and Rosneft signed an Agreement of Confirmation of successful completion of the first stage pre-completion actions in relation to the creation of a joint venture in JSC “Vankorneft”. The document was signed in the presence of the President of Russia Mr. Vladimir Putin and the Prime Minister of India Mr. Narendra Modi by Managing Director of ONGC Videsh Limited,
Serinus Energy signs agreement to sell Ukraine interestsDec 25, 2015Serinus Energy Inc. has entered into an agreement for the sale of all of the 70% of the outstanding shares of KUB-Gas Holdings Limited currently owned by Serinus.
LGO Energy no longer in active discussions to acquire Trinity-InnissDec 25, 2015LGO clarifies that whilst formal negotiations with the owners of FRAM Exploration (Trinidad) Limited, which holds the Trinity-Inniss Incremental Production Services Contract
Bigas has become 100% Cavagna GroupDec 25, 2015The decision is coherent with the development strategies of the Cavagna Group, including directly and with increasing interest in the field of engines conversion to LPG/CNG fuel.
Resolute Energy closes sale of Gardendale assets in the Midland BasinDec 24, 2015Resolute Energy Corporation has closed the sale of its Gardendale assets in the Midland Basin of West Texas to a private party for a purchase price of $177.5 million.
Premier Oil completes sale of Norwegian businessDec 24, 2015Premier Oil has completed the disposal of Premier Oil Norge AS to Det norske oljeselskap ASA for a net cash consideration of $120 million.
Wintershall says sale of Norway assets to Tellus Petroleum will not be completedDec 23, 2015Following a request from Tellus Petroleum, Wintershall has consented to release the company from its obligations under the Sales and Purchase Agreement announced on June 18, 2015.
Kongsberg Maritime strengthens simulator capacity by acquiring SMSCDec 23, 2015Kongsberg Maritime has signed a contract to buy the Trondheim-based ship simulation and consultancy company, Ship Modelling & Simulation Centre AS (SMSC).
Encana's DJ Basin sale expected to close in second quarter of 2016Dec 23, 2015Encana Corporation’s wholly-owned subsidiary, Encana Oil & Gas (USA) Inc., expects the previously announced sale of its DJ Basin assets to Crestone Peak Resources,
Independent Oil and Gas completes Skipper acquisitionDec 23, 2015Independent Oil and Gas plc has confirmed the acquisition of 50% of licence P1609 which contains the Skipper discovery has now completed. IOG now owns 100% of the
Update on the recommended combination between Royal Dutch Shell plc and BG Group plcDec 22, 2015Royal Dutch Shell plc (Shell) and BG Group plc (BG) say that, following satisfaction of the final pre-condition to the recommended combination and with the unanimous approval of both boards,
OMV and partners sign agreement for takeover of EconGas by OMVDec 22, 2015The owners of EconGas GmbH, OMV (64.25%), EVN (16.51%), Wien Energie (16.51%) and Energie Burgenland (2.73%), have signed an agreement for the takeover of all
Enerplus completes sale of non-operated interests in North DakotaDec 22, 2015Enerplus Corporation has completed the previously announced divestment of a portion of its non-operated interests in North Dakota for cash proceeds of approximately $80 million,
Pacific Exploration & Production acquires remaining 50% working interest in CPE-6 BlockDec 22, 2015Pacific Exploration & Production Corp.’s wholly-owned subsidiary Meta Petroleum Corporation has reached an agreement with Talisman Colombia Oil & Gas Ltd. to acquire
Petro River to acquire Horizon Energy Partners' oil and gas interestsDec 22, 2015Petro River Oil Corp. updates the development progress of two separate oil and gas interests comprising approximately 28,000 acres in the Dorset area of Southern England.
Wood Group acquisition of Kelchner Inc. strengthens onshore US construction capabilitiesDec 22, 2015Wood Group has acquired Kelchner Inc. (Kelchner), a privately-owned US-based provider of construction and energy field services. Kelchner will operate within the
African Petroleum signs new production sharing contract with Ophir EnergyDec 22, 2015African Petroleum has entered into a new Production Sharing Contract with Ophir Energy plc covering the Company's CI-513 licence area in Côte d'Ivoire.
KCA Deutag sells Ben Loyal Jack-Up drilling unitDec 22, 2015KCA Deutag has sold its jack-up drilling unit, the Ben Loyal to Egyptian headquartered Advanced Energy Systems A.D.E.S. SAE for an undisclosed sum.
Cameron stockholders vote to adopt merger agreement with SchlumbergerDec 21, 2015Cameron says that its stockholders, at a special meeting, have overwhelmingly voted to adopt the previously announced merger agreement providing for the acquisition of Cameron
Hutton Energy awarded five licenses in UK onshore licensing roundDec 18, 2015Hutton Energy Ltd ('Hutton') has been offered two licenses in the final tranche of the UK 14th Onshore Licensing Round which brings the total number of new licenses to five.