ONGC Videsh and Rosneft confirmed successful cooperation
Dec 28, 2015
ONGC 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,

Mart Resources releases November 2015 production update
Dec 25, 2015
Mart Resources, Inc. and its co-venturers, Midwestern Oil and Gas Company Limited and SunTrust Oil Company Limited has declared that Umusadege field production during

Pemex extends Fugro offshore geophysical and geotechnical campaign
Dec 25, 2015
The contract extension is valued at approximately USD 20 million and the workscope includes geophysical and geotechnical field operations, laboratory testing and

Enterprise Products Partners contracts its first export of US crude oil
Dec 25, 2015
Enterprise Products Partners L.P. has agreed to provide pipeline and marine terminal services to load its first export of crude oil produced in the United States under the law

Karoon Gas Australia contracts Olinda Star semi-submersible drilling rig
Dec 25, 2015
Karoon Gas Australia Ltd has executed final agreements with members of the QGOG Constellation S.A. Group to contract the Olinda Star semi submersible drilling rig.

InterOil Corporation commences drilling at Antelope-6
Dec 25, 2015
InterOil Corporation has been advised by Total E&P PNG Limited, operator of Petroleum Retention License 15 in the Gulf Province of Papua New Guinea, that it has begun drilling the Antelope-6 appraisal well. The well is designed to provide structural control and reservoir definition on the field's eastern flank. It has a proposed total depth of around 2,464 meters (8,084 feet) true vertical depth sub-sea and is located about 2km east-south-east of Antelope-3.

Serinus Energy signs agreement to sell Ukraine interests
Dec 25, 2015
Serinus 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.

Caza Oil and Gas closes $45.5 million equity financing
Dec 25, 2015
Caza Oil & Gas, Inc. has closed the equity financing and debt restructuring transactions announced on December 15, 2015, including the issue and sale to

Petroceltic International initiates strategic review
Dec 25, 2015
Petroceltic International plc has initiated a formal strategic review of the Company's business and assets with a view to considering all options to maximise value for

LGO Energy no longer in active discussions to acquire Trinity-Inniss
Dec 25, 2015
LGO clarifies that whilst formal negotiations with the owners of FRAM Exploration (Trinidad) Limited, which holds the Trinity-Inniss Incremental Production Services Contract

Baker Hughes announces weekly rig counts
Dec 25, 2015
Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website. BHI Rig Count: U.S. -9 to 700 rigs

Bigas has become 100% Cavagna Group
Dec 25, 2015
The 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.

Shoreline Energy Corp. files bankruptcy
Dec 24, 2015
Shoreline Energy Corp. has filed an assignment under section 49 of the Bankruptcy and Insolvency Act (Canada) on December 23. Pursuant to the Assignment, Grant Thornton Limited

Hawk Exploration amends bank credit facility
Dec 24, 2015
Hawk Exploration Ltd. Says that the $2 million principal payment on its term loan facility that was due on December 31, 2015 has been extended to May 31, 2016.

Drydocks World completes RIAP on the National Drilling Company’s rig Diyina
Dec 24, 2015
Drydocks World has successfully completed the yard’s first Rig Integrity Assurance Program (RIAP) on rig Diyina for the National Drilling Company (NDC), and the first

GeoPark executes offtake and $100 million funding agreement with Trafigura
Dec 24, 2015
GeoPark Limited has executed an offtake and prepayment agreement with Trafigura, commodity trading and logistics companies.

Resolute Energy closes sale of Gardendale assets in the Midland Basin
Dec 24, 2015
Resolute 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.

Williams names Seldenrust Head of Engineering & Construction
Dec 24, 2015
Williams has appointed John Seldenrust as Senior Vice President of Engineering & Construction, effective Jan. 1. Seldenrust will report directly to Williams President and Chief

Empyrean Energy reports third quarter 2015 production from Sugarloaf AMI
Dec 24, 2015
Empyrean Energy declares the production figure from its flagship Sugarloaf AMI Project in the prolific Eagle Ford Shale, Texas, for the three month period

Lundin completes drilling and reclassifies 16/1-25 S well
Dec 24, 2015
Lundin Norway AS, operator of production licence 338 C, has completed the drilling of exploration well 16/1-25 S.

Eos Petro appoints Alan D. Gaines Chief Executive Officer
Dec 24, 2015
Eos Petro, Inc. has appointed Alan D. Gaines as Chief Executive Officer.The Board of Eos is pleased and very excited to attract someone of Mr. Gaines' caliber," said Nikolas

WesternZagros adds flexibility to debt drawdown timing
Dec 24, 2015
WesternZagros Resources Ltd. has reached an agreement with its major shareholder, Crest Energy International, LLC (Crest), to defer the latest first drawdown notice date

Fugro awarded survey services for deepwater development at Guyana oil discovery
Dec 24, 2015
Fugro has been awarded a contract by Esso Exploration and Production Guyana Limited, an ExxonMobil affiliate, for survey services at a deepwater field development offshore Guyana. The contract provides for autonomous underwater vehicle (AUV) geophysical survey and an environmental baseline survey, along with shallow geohazard and geotechnical coring. The discovery of more than 295 feet of high quality, oil-bearing sandstone reservoirs in the Stabroek Block of the Liza Field represents a significant deepwater production find in the Guyana-Suriname basin.

Frontera upgrades gas potential from Greater Black Sea operations
Dec 24, 2015
Frontera Resources Corporation updates its operational work in the Greater Black Sea region of Eastern Europe.