Romgaz to relinquish EX29 Est Rapsodia Block in the Black SeaFeb 22, 2016Following the results obtained from exploration operations, ROMGAZ and its partners intend to relinquish the EX29 Est Rapsodia Block in the Black Sea
Woodside acquires exploration acreage in SenegalFeb 22, 2016Woodside through its subsidiary Woodside Energy (Senegal) Pty Ltd has entered into an agreement with Impact Oil & Gas AGC Ltd to acquire a 65% participating interest in a
Victoria Oil & Gas acquires 75% interest in Matanda BlockFeb 19, 2016Victoria Oil & Gas Plc, has reached an agreement with Glencore Exploration Cameroon Limited and Afex Global Limited on the Matanda Block a large hydrocarbon licence in Cameroon.
Xcite Energy gets Bentley licence extensionFeb 19, 2016Xcite Energy says that following discussions with the Oil & Gas Authority, the Secretary of State for the Department of Energy and Climate Change has extended the P.1078 licence containing the Bentley field until 30 June 2017.
Petroceltic completes sale of Egyptian exploration interestsFeb 19, 2016Petroceltic International plc has completed the sale of certain exploration licences in Egypt to its joint venture partner Edison International S.p.A.
Statoil’s Mariner project to be discussed at Joint Industry EventFeb 18, 2016In a low oil price environment it is more important than ever for collaboration between disciplines to deliver value, as well as inspiring the next generation of geoscientists and engineers.
Samson Oil & Gas updates status of Foreman Butte acquisitionFeb 18, 2016As previously announced, Samson Oil and Gas USA Inc (a wholly owned subsidiary of Samson Oil and Gas Limited) entered into a contract to acquire oil and gas leases, producing oil and gas wells,
Northcote Energy initiates asset sales processFeb 18, 2016Northcote Energy says that over recent months, the Company has been in discussions with various parties who have expressed interest in acquiring its Oklahoma Portfolio.
Mintra combines with Norwegian OCS HR to form global teamFeb 18, 2016Mintra Training Portal has joined forces with Norwegian software firm OCS HR as part of ambitious growth plans. It is the latest development in the Mintra story. In 2014
Statoil agrees farm-in with OMV in New ZealandFeb 18, 2016Statoil has agreed with OMV to acquire a 30% working interest in Petroleum Exploration Permit (PEP) 57073. This will further strengthen Statoil’s position in New Zealand. The permit covers an area of 9,800 square kilometres in the East Coast Basin, and sits in water depths of 1,000-2,000 metres. OMV will remain the operator with 70% working interest. The transaction is subject to regulatory approval.
Nexif Energy acquires controlling interest in Vietnamese Hydro Power projectFeb 17, 2016Nexif Energy, a Southeast Asian independent power producer, has taken controlling interest in the 30 megawatt (MW) Coc San hydro power project in Vietnam through the acquisition of a majority ownership
CAVU International and eDrilling team up to offer CRM training in simulatorFeb 17, 2016CAVU International and eDrilling has formed a partnership to provide the energy industry with Crew Resource Management (CRM) training utilizing eDrilling’s training simulator - wellSim™.
Helix Energy to sell its 50% interest in Deepwater Gateway, L.L.CFeb 17, 2016Helix Energy Solutions Group, Inc. declared the sale of its 50% interest in Deepwater Gateway, L.L.C. (owner of the Marco Polo platform) to a subsidiary of Genesis Energy, L.P. for a cash purchase price of $25 million.
Aker Solutions and Total to cooperate on subsea technology developmentFeb 17, 2016Aker Solutions and Total agreed to collaborate on research and innovation to develop new cost-effective subsea field technology. The initial four-year technical collaboration agreement will build on earlier cooperation and bring both companies closer in developing technologies that will reduce costs and increase value at subsea oil and gas fields. The partnership will this year explore a wide range of issues, including further evolution of subsea processing and compression systems to boost cost-efficiency of deepwater gas production, development of electric subsea controls and optimization of flow-measurement technologies.
Tower Resources focuses on near-term opportunity in South AfricaFeb 17, 2016Tower Resources updates with regards to its interests in the SW Orange Basin Technical Co-operation Permit ('TCP') and the Algoa-Gamtoos Exploration Right ('Algoa-Gamtoos ER') offshore South Africa.
OMV initiates process to sell OMV Petrol OfisiFeb 16, 2016OMV initiates a process to sell up to 100% of its wholly owned subsidiary OMV Petrol Ofisi A. S., a company in the Turkish oil products retail and wholesale market.
Statoil strengthens its position in UruguayFeb 16, 2016Statoil has signed a farm-in agreement with Tullow to acquire a 35% working interest in offshore exploration block 15 in the Pelotas basin, deepening its position in Uruguay.
NUTECH partners with WellDatabase, introduces NuQuestFeb 16, 2016NUTECH has partnered with WellDatabase to launch NuQuest, the industry’s first comprehensive and intuitive digital platform providing standard well data coupled with corresponding reservoir
Rosneft and BP obtain regulatory approvals to dissolve the German JVFeb 15, 2016Rosneft has obtained the approval to dissolve the Ruhr Oel GmbH (ROG) Joint Venture from the German Federal Ministry of the Economy and Energy (Bundesministerium für Wirtschaft und Energie).
Europa Oil & Gas increases offshore Ireland acreageFeb 15, 2016Europa Oil & Gas (Holdings) plc has been awarded a new Licensing Option (the 'LO') in the southern Porcupine Basin, offshore Ireland, as part of phase 1 of the 2015 Atlantic Ireland round.
BP to extend licence and develop second phase of major Khazzan gas fieldFeb 15, 2016BP and Oman Oil signed a heads of agreement with the Government of the Sultanate of Oman committing to amend the Oman Block 61 exploration and production sharing agreement (EPSA), extending the licence
Pilot Energy receives approval for farm-in to Empire's onshore Perth Basin permitsFeb 15, 2016Pilot Energy has advised that the West Australian Department of Mines & Petroleum has approved the transfer of title and operatorship to the Company pursuant to its agreement with Empire Oil & Gas
Yuma Energy and Davis Petroleum enters into merger agreementFeb 15, 2016Yuma Energy, Inc. and privately held Davis Petroleum Acquisition Corp. have entered into a definitive merger agreement for an all-stock transaction. Upon completion of the transaction,
Ramba Energy completes Lemang PSC farmout to Mandala EnergyFeb 12, 2016Ramba Energy and Mandala Lemang Singapore have declared that SKKMIGAS approval has been received for the transfer of a 35% interest in the Lemang Production Sharing Contract (PSC)
