Kongsberg GlobalSim Management BuyoutMar 22, 2016Kongsberg GlobalSim, the wholly owned land-segment crane simulation subsidiary of Kongsberg Maritime is to become an independent business following a management buyout announced on 21st March 2016.
Gina Krog Transaction on TrackMar 14, 2016Sequa Petroleum N.V. reports that its planned acquisition of a 15% interest in Gina Krog, announced in October 2015, has received all necessary government approvals...
V.Group Acquires Bibby Ship ManagementMar 9, 2016V.Group has acquired Bibby Ship Management, part of the Bibby Line Group, which has an established track record for providing high quality, safe and reliable ship management and support services...
Noreco Sale of Norwegian Exploration ActivitiesMar 2, 2016Norwegian Energy Company ASA (Noreco) has announced that its fully owned subsidiary Noreco Norway AS (Noreco Norway) has entered into a Sale and Purchase Agreement with...
GE completes divestment of power generation assets to Ansaldo EnergiaFeb 29, 2016GE closed its transaction to divest select power generation assets to Ansaldo Energia. GE first announced the transaction in September 2015 when the European Commission and U.S.
MX Oil agrees sale of investment in Aje fieldFeb 29, 2016MX Oil plc has now agreed terms for the sale of its investment in the Aje Field offshore Nigeria to GEC Petroleum Development Company Limited ('GPDC').
West Texas Resources acuires WI in Gregg County, Texas leaseFeb 26, 2016West Texas Resources, Inc. has completed a working interest acquisition agreement with Two Eagles Resources of White Oak, Texas. The agreement involves West Texas
ENGIE acquires OpTerra Energy ServicesFeb 26, 2016ENGIE and OpTerra Energy Services say that a member of the ENGIE Group has acquired OpTerra Energy Services and its affiliated companies.
Petro River updates on Horizon Energy Partners' farmout agreementFeb 26, 2016Petro River Oil Corp. has released an update from Horizon Energy Partners, LLC relating to a Farmout Agreement between Horizon Energy's wholly owned subsidiary, Grapevine Energy,
Houston American Energy to purchase a 12.5% interest in TRLFeb 26, 2016Houston American Energy Corp. has agreed to purchase ordinary shares of Tamboran Resources Limited (TRL) for $1 million. Closing of the purchase is subject to receipt by
MISC acquires 50 % stake in Gumusut-Kakap Semi-FPSFeb 26, 2016Malaysia International Shipping Company (MISC) has entered into a conditional share purchase agreement with E&P Venture Solutions Co Sdn. Bhd. (EPV) to acquire the remaining
Sri Lanka signs agreement with Total for two deepwater blocksFeb 25, 2016The Government of Sri Lanka has signed a Joint Study Agreement (JSA) on the 18th of February 2016 with French oil major Total, to explore two ultra-deep water blocks off the east coast of Sri Lanka. The objective of this study is to explore the two offshore blocks
Bell Geospace acquires new Lockheed Martin InstrumentFeb 25, 2016Bell Geospace has acquired their fourth Full Tensor Gravity Gradiometer (FTG). The addition of this instrument to their fleet will allow Bell to continue to meet the needs of clients in Africa and Southeast Asia
Virtus signs Letter of Intent to acquire San Juan County oil and gas fieldFeb 25, 2016Virtus Oil and Gas Corporation has signed a letter of intent with a US subsidiary of an international Oil and Gas Company, to acquire its U.S. operated, producing oil and gas fields in
iOG Solutions and eDrilling forms partnershipFeb 24, 2016iOG Solutions and eDrilling has formed a partnership aimed at better serving exploration & prodcution companies
Suncor Energy offer for Canadian Oil Sands shares expiresFeb 24, 2016Suncor reveals that its Offer for all of the common shares and accompanying rights of Canadian Oil Sands Limited has expired
Rosneft and PDVSA signs agreement to jointly produce gas in VenezuelaFeb 24, 2016Rosneft and PDVSA has signed Heads of Agreement to establish a joint venture for implementation of the large-scale project for production, treatment and sale of natural gas at the offshore fields
American Patriot gets 22 c/share takeover offer from Running Foxes PetroleumFeb 24, 2016American Patriot Oil and Gas Limited has an unsolicited takeover bid to acquire 100% of the company from Running Foxes Petroleum Inc.
Nostra Terra acquires producing assets in the Permian BasinFeb 23, 2016Nostra Terra Oil & Gas has acquired producing assets in the Permian Basin of New Mexico from Alamo Resources II, LLC. The company has agreed to pay US$3.0 million to acquire a 60% WI
Africa Oil completes Ethiopia farmout deal with Maersk OilFeb 23, 2016Africa Oil Corp. has completed the farmout deal with Maersk Oil related to the South Omo and Rift Basin Blocks in Ethiopia. At completion of the deal, Africa Oil
Argos signs participation agreement with Noble Energy and Edison InternationalFeb 23, 2016Argos Resources Limited, which holds a 5% Overriding Royalty Interest in Licence PL001 in the North Falkland Basin, has signed a Participation Agreement with Noble Energy Falklands Limited and Edison International
Strata expands land base by 50% in AlbertaFeb 23, 2016Strata Oil & Gas Inc has entered into an agreement to acquire the rights to over 20,000 acres of oil sands leases in the Peace River oil sands region of Alberta,
Gastar Exploration signs agreement to sell certain Appalachian Basin assetsFeb 23, 2016Gastar Exploration Inc. has entered into a definitive purchase and sale agreement to sell certain Appalachian Basin assets primarily located in Marshall and Wetzel Counties, West Virginia.
Cairn acquires additional interest in the Kraken developmentFeb 22, 2016Cairn Energy through its wholly owned subsidiary, Nautical Petroleum Limited, has acquired an additional 4.5% interest in the Kraken development in the UK North Sea
