Petro River to acquire a 9% Interest in PL 1/10 and P2123Jan 21, 2016Petro River Oil Corp. says that Petro River UK Limited, its wholly owned subsidiary, entered into a Farmout Agreement to acquire a 9% interest in Petroleum License PL 1/10 and P2123
Faroe Petroleum awarded 6 new exploration licenses in NorwayJan 21, 2016Faroe Petroleum has been awarded six new prospective exploration licences, including two operatorships, under the 2015 Norwegian APA (Awards in Pre-defined Areas) Licence Round on the Norwegian Continental Shelf. The Company has been awarded three new licences in the Norwegian Sea area: Licence PL836S Yoshi - Blocks 6406/2,3 below Cretaceous: Faroe (30%), Wintershall Norge AS (40% and operator),
Sembcorp Marine delivers accommodation semi-submersible vessel Safe Zephyrus to ProsafeJan 20, 2016Sembcorp Marine (SCM) has delivered the accommodation semi-submersible vessel Safe Zephyrus to its customer Prosafe in January 2016.
Range Resources seeking legal advice over revoked Colombian licencesJan 20, 2016Range Resources has received a notice from Agencia Nacional de Hidrocarburos ('ANH'), National Hydrocarbons Agency of Colombia, which states that the licences over the three
Lundin awarded four licences in Norwegian licensing roundJan 20, 2016Lundin Petroleum says that its wholly owned subsidiary Lundin Norway AS has been awarded four exploration licence interests in the 2015 Norwegian Licensing Round
MEO to takes over as operator of NZ's Exploration Permit PEP51153Jan 20, 2016MEO Australia Limited (MEO) advised that following the appointment of liquidators to Kea Petroleum Limited (Kea), Operator of the PEP51153 exploration permit located onshore
Petro Vista to sell Tartaruga Block interest to Maha EnergyJan 20, 2016Petro Vista Energy Corp. has now entered into a binding sale and purchase agreement with Maha Energy Inc. for the sale of its wholly owned Brazilian subsidiary Petro Vista
Rockhopper and Falkland scheme of arrangement becomes effectiveJan 19, 2016On 24 November 2015, the boards of Rockhopper and FOGL had reached agreement on the terms of a recommended all-share merger to be effected by means of a Court-sanctioned
HitecVision merges three oil companies and invests NOK 3.5 billionJan 19, 2016HitecVision merges three oil companies into Point Resources, a robust mid-sized independent oil company focused on the Norwegian Continental Shelf.
Empyrean Energy to sell Sugarloaf AMI project for up to $71.5 millionJan 19, 2016Empyrean Energy has entered into a conditional purchase and sale agreement with Carrier Energy Partners II, LLC, a Delaware corporation, to dispose of all of its right, title
Aquatic joins DNV GL in JIP on development of codes for cable and pipe laying equipmentJan 19, 2016Aquatic Engineering & Construction Ltd, an Acteon company, is working with DNV GL and other organisations in the subsea supply chain, on a Joint Industry Project (JIP) to develop a set of guidelines to be incorporated into new or existing DNV GL Offshore Standards or Recommended Practices. The guidelines will be, ‘The Development of Codes for Offshore Equipment for Cable and Pipe Laying – Phase 1.’
Gran Tierra to acquire consolidating interests in the Putumayo-7 BlockJan 18, 2016Gran Tierra Energy Inc. has entered into an agreement with PetroGranada Limited to acquire all of the issued and outstanding shares of PetroGranada Colombia Limited.
TennStar Energy acquires a stake in 21 well lease in Caldwell CountyJan 18, 2016The EOR21, JV is a Twenty One (21) Well Enhanced Oil Recovery Project located in Caldwell County, Texas. Twenty One (21) of the wells are proven productive vertical oil wells. Six (6) of the wells
Rosneft and BP to dissolve Joint Venture in GermanyJan 18, 2016Rosneft and BP have signed a binding agreement to dissolve the existing refining JV Ruhr Oel GmbH (ROG) as they move toward completion of the previously announced restructuring of
PetroShare Corp. to acquire additional lease in ColoradoJan 18, 2016PetroShare Corp. has entered into a non-binding Letter of Intent with Kerr McGee Oil & Gas Onshore LP for the acquisition of a producing well and associated leases within its Todd Creek
MR Solutions partners with Green Imaging to bring better rock core imaging solution to oil and gas sectorJan 15, 2016A new 3D magnetic resonance imaging (MRI) solution, the ImaCore 3017, is being introduced to the oil and gas sector for high resolution rock core imaging. MR Solutions, of Guildford, UK in
Kea Petroleum appoints liquidators to dispose assetsJan 15, 2016MEO Australia Limited revealed that it has received advice from Kea Petroleum Limited (Kea), Operator of the PEP51153 exploration permit located onshore New Zealand, that it has
Sound Energy acquires 25% interest in Sidi Moktar licencesJan 15, 2016Sound Energy has entered into a binding agreement with Maghreb Petroleum Exploration S.A. for the purchase of MPE's 25% working interest in three onshore gas permits locate
Oil Basins issues statement clarifying operatorship of Derby BlockJan 15, 2016Oil Basins Limited has not resigned as Operator of EP487 (Derby Block) and the Company continues as Operator.
WHL Energy intends to continue its participation on Seychelles blocksJan 15, 2016Australian energy company WHL Energy Limited refers to the farm-out agreement between Ophir Seychelles (Areas 1, 2 and 3) Limited, PetroQuest International Incorporated and WHL
Azonto working on disposal of oil and gas activities in West AfricaJan 15, 2016Azonto Petroleum has worked over the past few months to tidy up legacy issues relating to the disposal of the company's oil and gas activities in West Africa. Following the disposal,
Statoil purchases minority sake in Lundin PetroleumJan 15, 2016Statoil ASA has acquired 37,101, 561 shares in Lundin Petroleum AB (publ.), corresponding to 11.93 percent of the shares and votes, at a total purchase price of approximately SEK 4.6 billion. The investment in Lundin Petroleum will increase Statoil’s indirect exposure to core assets on the Norwegian Continental Shelf (NCS).
Gran Tierra completes the acquisition of PetroamericaJan 14, 2016Gran Tierra Energy Inc. has completed the acquisition of all of the issued and outstanding common shares of Petroamerica (Petroamerica Shares) (being 108,888,215 Petroamerica Shares)
Halliburton and Baker Hughes respond to European Commission actionJan 14, 2016Halliburton Company and Baker Hughes Incorporated noted the decision by the European Commission (the “Commission”) to initiate a Phase II review of Halliburton’s pending acquisition
