AEP gets FIRB approval for farmout agreementDec 4, 2015Armour Energy Ltd. says that American Energy Partners LLP (AEP) has received Foreign Investment Review Board (FIRB) approval for AEP’s proposal to acquire a 75 percent interest in Armour’s McArthur Basin
Wood Group acquires The Infinity Group for an initial consideration of $150 millionDec 4, 2015Wood Group has agreed to acquire The Infinity Group (Infinity), a privately owned Texas Gulf Coast industrial construction and maintenance contractor serving the petrochemical, refining and gas processing sectors,
Providence Resources to acquire a 60% interest in Offshore Petroleum Lease 1Dec 4, 2015Providence Resources says that through its wholly owned subsidiary, Exola Limited, Providence has entered into an exclusive option agreement with PSE Kinsale Energy Limited over the southern portion of
Statoil seeking new acreage on the Norwegian Continental ShelfDec 4, 2015Statoil has delivered its application for the 23rd licensing round on the Norwegian continental shelf to the Norwegian authorities. It is expected that the Ministry of Petroleum and Energy will announce the awards late first half of 2016. The round represents the first opening of new acreage on the Norwegian continental shelf (NCS) since 1994. Statoil’s application aims to significantly contribute to the company’s ambition for 2030 and beyond.
Rosneft closes acquisition of 16.67% share in PCK Raffinerie GmbH from TotalDec 3, 2015Rosneft and Total have closed the sale and purchase transaction concerning the 66.67% share in AET-Raffineriebeteiligungsgesellschaft mbH, representing a 16.67% effective share in PCK Raffinerie GmbH (Germany).
MX Oil qualifies for onshore Mexico bidDec 3, 2015MX Oil plc has been notified by the National Hydrocarbons Commission ('CNH') that the Company, together with its partner Geo Estratos ('Geo'), has pre-qualified to participate in the third phase of the Bid Round 1 Licensing
Blue Whale Energy purchases Permian Basin assets for $1.084 billionDec 3, 2015Blue Whale Energy North America (Blue Whale) closed a transaction with Tall City Exploration LLC and Plymouth Petroleum LLC, both private companies, on behalf of Moss Creek Resources, LLC, for
Lekoil acquires Afren's participating interest in OPL 310Dec 2, 2015Lekoil has agreed to acquire Afren plc's ('Afren') entire 22.86% participating interest in OPL 310, which contains the Ogo discovery, for a total cash consideration of US$13 million (the 'Consideration')
Solar3D closes the acquisition of Elite SolarDec 2, 2015Solar3D, Inc. has closed its acquisition of Elite Solar, a Durham, California-based solar systems provider including Universal Racking Systems, a manufacturer of highly advanced ground
ORLEN Upstream and Kicking Horse Energy complete arrangementDec 2, 2015ORLEN Upstream Canada Ltd., a wholly owned subsidiary of PKN ORLEN S.A, and Kicking Horse Energy Inc. has completed ORLEN Upstream Canada's acquisition of all of the outstanding common shares
Pengrowth Energy closes the sale of its Jenner area assetsDec 2, 2015Pengrowth Energy Corporation has successfully completed the previously announced sale of its non-core Jenner area assets for cash consideration of approximately $78 million, after closing cost adjustments.
Statoil to divest interest in Trans Adriatic Pipeline for EUR 208 millionDec 2, 2015Following the divestment of its share in the Shah Deniz gas field in Azerbaijan, Statoil has agreed to sell its 20% interest in Trans Adriatic Pipeline AG to the Italian gas infrastructure company Snam SpA for
Sterling Energy completes acquisition of an interest in Block C-10Dec 1, 2015Sterling Energy says that completion has now occurred under the sale and purchase agreement between its wholly owned subsidiary, Sterling Energy Mauritania Limited(‘SEML’) and Tullow
Rosneft and BP complete transaction to sell 20% share of Taas-Yuryakh Neftegazodobycha to BPDec 1, 2015Rosneft and BP announce the completion of the transaction to sell a 20 per cent share of Taas-Yuryakh Neftegazodobycha LLC to the British company.
Intertek acquires Hi-Tech Testing Services Inc. (Hi-Tech)Dec 1, 2015Intertek has announced the successful completion of the transaction to acquire Professional Service Industries, Inc. (PSI), under which Hi-Tech Testing Services, Inc. (Hi-Tech), a provider of non-destructive testing (NDT)
Elixir provides update on Cliff Head transactionNov 30, 2015Elixir is entering into an exciting phase in its growth with the recent announcement of the signing of an agreement to acquire a 57.5% Working Interest in the producing Cliff Head oil field
FAR Ltd. receives Presidential Decree confirming Senegal PSC extensionNov 30, 2015FAR Ltd, a member of the Senegal Joint Venture, has received a Presidential decree extending the current Petroleum Sharing Contract (PSC) by the requested three years starting from 6 February, 2016.
Rockhopper Exploration and FOGL announces recommended mergerNov 27, 2015The boards of Rockhopper and FOGL have reached agreement on the terms of a recommended all-share merger to be effected by means of a Court-sanctioned scheme of arrangement
Woodside buys CSD licensesNov 26, 2015After a thorough evaluation the Australian oil company Woodside Petroleum has chosen to buy license to use the Completion String Design (CSD) software from the Stavanger (Norway) based Completion Services.
Opal Energy Corp. plans to acquire Versus LLCNov 26, 2015Opal Energy Corp. has entered into a letter of intent (the "LOI") with Versus LLC (Versus) to acquire all of the issued and outstanding securities of Versus (the "Transaction").
NuEnergy completes acquisition of Dart Energy (Indonesia) HoldingsNov 24, 2015NuEnergy Gas Ltd. referred to its announcement dated May 20 in relation to the signing of the conditional Share Purchase Agreement (SPA) with Dart Energy International Limited
KrisEnergy receives approval for Rossukon Production areaNov 24, 2015KrisEnergy Ltd. has secured government approval for the Rossukon Production Area in the Gulf of Thailand.
Jericho Oil continues roll-up of distressed producing Mid-Con assetsNov 24, 2015Jericho Oil Corporation has signed a definitive agreement to acquire a 50% working interest in producing wells and drillable leaseholds in Central Oklahoma for a total cas
Resolute Energy to sell Gardendale assets, Midland BasinNov 24, 2015Resolute Energy Corporation has entered into a definitive agreement to sell its Gardendale assets in the Midland Basin of West Texas to an undisclosed buyer for a purchase price of $177.5 million.