Wood Group acquisition of Kelchner Inc. strengthens onshore US construction capabilities
Dec 22, 2015
Wood Group has acquired Kelchner Inc. (Kelchner), a privately-owned US-based provider of construction and energy field services. Kelchner will operate within the

African Petroleum signs new production sharing contract with Ophir Energy
Dec 22, 2015
African Petroleum has entered into a new Production Sharing Contract with Ophir Energy plc covering the Company's CI-513 licence area in Côte d'Ivoire.

KCA Deutag sells Ben Loyal Jack-Up drilling unit
Dec 22, 2015
KCA Deutag has sold its jack-up drilling unit, the Ben Loyal to Egyptian headquartered Advanced Energy Systems A.D.E.S. SAE for an undisclosed sum.

Cameron stockholders vote to adopt merger agreement with Schlumberger
Dec 21, 2015
Cameron says that its stockholders, at a special meeting, have overwhelmingly voted to adopt the previously announced merger agreement providing for the acquisition of Cameron

Aker Solutions and Saipem to cooperate on subsea projects
Dec 21, 2015
Aker Solutions and Saipem agreed to cooperate on targeted subsea oil and gas development projects worldwide.

Hutton Energy awarded five licenses in UK onshore licensing round
Dec 18, 2015
Hutton Energy Ltd ('Hutton') has been offered two licenses in the final tranche of the UK 14th Onshore Licensing Round which brings the total number of new licenses to five.

Union Jack Oil acquire interest in Block TF38c
Dec 18, 2015
Union Jack Oil plc says that Egdon Resources plc ('Egdon') will transfer a 10% interest in Block TF38c to the Company following the announcement of the results of the UK 14th

Northcote Energy comments on Mexican Onshore Bid Round
Dec 17, 2015
Northcote is pleased to note the announcement by MX Oil plc that it has been successful in winning four concessions in Veracruz, Mexico, namely Tecolutla, Ponton, La Laja and

Halliburton and Baker Hughes provide update regarding DOJ review
Dec 17, 2015
Halliburton Company and Baker Hughes Incorporated expect that their timing agreement with the Antitrust Division of the U.S. Department of Justice (DOJ) will expire without reaching

Ascent Resources operational & IPPC permit update
Dec 17, 2015
As previously announced, the Company has been in discussions with new industry partners, to explore alternative routes that would ultimately enable the Company to generate income from

Sound Energy complete Tendrara farm in
Dec 17, 2015
Sound Energy says that the Company's farm in agreement with the Moroccan Oil and Gas Investment Fund (the 'Farm In') in relation to the Tendrara Lakbir Licence, onshore

MX Oil wins concessions in Mexican onshore bid round
Dec 17, 2015
MX Oil, together with its partner Geo Estratos, is pleased to announce the joint venture has been successful in its bid for Land Contract Areas in the third phase of the Bid Round 1 Licensin

MX Oil submit tenders for five blocks in Mexico
Dec 16, 2015
MX Oil plc, together with its partner Geo Estratos, will submit tenders for five Land Contract Areas in the third phase of the Bid Round 1 Licensing for onshore conventional

Gateway Norway and Marstrat combine forces
Dec 16, 2015
Scandinavian maritime company Gateway Norway and Rotterdam based Marstrat BV have entered into a strategic partnership. Both private companies are specialist in their respective territories.

Seatronics collaborates with robotic systems manufacturer, Inuktun
Dec 16, 2015
Seatronics, an Acteon company, has formed a collaboration with Canadian-based manufacturer, Inuktun Services Ltd. Inuktun has extensive expertise in remote controlled

Mart Resources and Delta Oil terminate arrangement agreement
Dec 15, 2015
Mart Resources, Inc. says that, due to prevailing market and industry conditions, Mart and Delta Oil Nigeria B.V. (Delta) have mutually agreed to terminate the arrangement agreement

Shell-BG combination receives Chinese antitrust clearance
Dec 15, 2015
Royal Dutch Shell plc says that its recommended combination with BG Group plc ('BG') has received unconditional merger clearance from the Chinese Ministry of Commerce ('MOFCOM'). Following previously announced approvals in Brazil, the EU and Australia, MOFCOM clearance marks the final pre-conditional approval required for the combination.

Steam Oil Production Company to acquire Elke and Narwhal discoveries
Dec 14, 2015
The Steam Oil Production Company has entered into a sale and purchase agreement with EnQuest Heather Ltd to acquire a 100% interest in Licence P1996, made up of blocks

Raging River Exploration to acquire Viking light oil assets
Dec 14, 2015
Raging River Exploration Inc. has entered into a definitive agreement to acquire Anegada Energy Corp., a privately held corporation with 2,750 boe/d of high quality Viking light oil

Pine Cliff Energy closes $185 million strategic acquisition
Dec 14, 2015
Pine Cliff Energy Ltd. has closed its previously announced acquisition of certain natural gas weighted assets (the "Assets") in the Viking area of Central Alberta and Ghost Pine

Touchstone Exploration updates Trinidad acquisition
Dec 11, 2015
Touchstone Exploration Inc. announces an update to its Trinidad acquisition and reports on discussions with its lender on a review of certain credit facility covenants.

Parsley Energy to acquire certain properties in Midland Basin
Dec 11, 2015
Parsley Energy, Inc. has entered into an agreement to acquire certain undeveloped acreage and producing oil and gas properties located adjacent to the Company's existing operating areas in Upton,

BP to acquire additional interest in the West Nile Delta project
Dec 10, 2015
BP Egypt has completed its acquisition of 22.75 per cent in the North Alexandria Concession and 2.75 per cent in the West Mediterranean Deep Water Concession from Hamburg-based DEA Deutsche Erdoel AG. The acquisition will bring BP's working interest in both concessions of the West Nile Delta project to 82.75 per cent. The West Nile Delta project agreement, concluded in March 2015, involves the development of 5 trillion cubic feet of gas resources and 55 million barrels of condensates.

Petro River to acquire Horizon I Investments, LLC
Dec 9, 2015
Petro River Oil Corp. has entered into a purchase agreement to acquire Horizon I Investments, LLC (Horizon Investments) in an all stock deal.