NovaSeis signs joint venture MoU with Northbridge Energy
Dec 9, 2015
San Leon Energy announces an update on NovaSeis, its seismic subsidiary. NovaSeis, the Company’s 100%-owned subsidiary, has signed a Memorandum of Understanding (MoU) with Northbridge Energy Ltd

Yoho Resources to sell certain Duvernay assets for $50 million
Dec 9, 2015
Yoho Resources Inc. has entered into a definitive agreement to sell a portion of its Duvernay assets in the Kaybob area of Alberta (the "Subject Assets") for cash consideration of $50 million (prior to adjustments)

Fluor Corporation agrees to acquire Stork Holding B.V
Dec 8, 2015
Fluor Corporation has signed an agreement with UK-based private equity firm Arle Capital Partners to acquire 100 percent of Stork Holding B.V., based in the Netherlands, for an investment of €695 million ($755 million).

Douglas Westwood and Hannon Westwood unite as part of the ESIA group of companies
Dec 8, 2015
Energy Software Intelligence Analytics has completed the acquisition of Douglas Westwood Limited. The acquisition of Douglas Westwood represents ESIA's next step in delivering a growth strategy for the company

Trinity reaches agreement with LGO Energy over cancelled sale of interests in Tabaquite Block
Dec 8, 2015
Trinity provides an update on the status of the Sale and Purchase Agreement signed in November 2014 with LGO Energy plc to sell Trinity's interests in Tabaquite E&P Company Limited.

Providence Resources to increase equity stake in SEL 2/11 to 100%
Dec 7, 2015
Providence Resources has agreed to increase its equity stake to 100% in Standard Exploration Licence (SEL) 2/11 with the assignment of a 50% interest from its partner, PSE Seven Heads Limited, which is a wholly

Lime Petroleum acquires additional 10% share in PL707
Dec 7, 2015
Hibiscus Petroleum says that Lime Petroleum Norway AS ('Lime Norway'), a company in which its jointly-controlled entity, Lime Petroleum Plc is a shareholder, has informed the Company on 3 December 2015 that it has entered

Suncor Energy extends Canadian Oil Sands offer to January 8, 2016
Dec 7, 2015
Suncor Energy has extended its offer to Canadian Oil Sands Limited ('COS') shareholders. Suncor will file a corresponding notice of extension to formally extend the expiry time of its offer to 6:00 p.m. MT

Norwegian Petroleum Directorate: 26 companies apply for exploration acreage
Dec 7, 2015
The application deadline for production licences in the 23 licensing round expired on 2 December, and 26 companies had applied for exploration acreage by the end of the deadline.This licensing round comprises 57 announced blocks or parts of blocks, 3 of which are in the Norwegian Sea and 54 in the Barents Sea. 34 of the announced blocks are situated in the newly opened area in the south-eastern Barents Sea, and many of the applications target this acreage in particular.

CNOOC Limited signs PSC with Husky
Dec 4, 2015
CNOOC Limited says that its parent company, China National Offshore Oil Corporation (CNOOC), has signed production sharing contract (PSC) with Husky Oil Operations (China) Limited (Husky) for Block 15/33

AEP gets FIRB approval for farmout agreement
Dec 4, 2015
Armour Energy Ltd. says that American Energy Partners LLP (AEP) has received Foreign Investment Review Board (FIRB) approval for AEP’s proposal to acquire a 75 percent interest in Armour’s McArthur Basin

Wood Group acquires The Infinity Group for an initial consideration of $150 million
Dec 4, 2015
Wood Group has agreed to acquire The Infinity Group (Infinity), a privately owned Texas Gulf Coast industrial construction and maintenance contractor serving the petrochemical, refining and gas processing sectors,

Providence Resources to acquire a 60% interest in Offshore Petroleum Lease 1
Dec 4, 2015
Providence Resources says that through its wholly owned subsidiary, Exola Limited, Providence has entered into an exclusive option agreement with PSE Kinsale Energy Limited over the southern portion of

Statoil seeking new acreage on the Norwegian Continental Shelf
Dec 4, 2015
Statoil has delivered its application for the 23rd licensing round on the Norwegian continental shelf to the Norwegian authorities. It is expected that the Ministry of Petroleum and Energy will announce the awards late first half of 2016. The round represents the first opening of new acreage on the Norwegian continental shelf (NCS) since 1994. Statoil’s application aims to significantly contribute to the company’s ambition for 2030 and beyond.

Rosneft closes acquisition of 16.67% share in PCK Raffinerie GmbH from Total
Dec 3, 2015
Rosneft and Total have closed the sale and purchase transaction concerning the 66.67% share in AET-Raffineriebeteiligungsgesellschaft mbH, representing a 16.67% effective share in PCK Raffinerie GmbH (Germany).

Glacier Energy Services combines businesses to enhance services offering and efficiency
Dec 3, 2015
Oilfield services provider Glacier Energy Services has merged the three businesses which form its specialist services division. Glacier’s heat transfer equipment manufacturing and refurbishment companies

MX Oil qualifies for onshore Mexico bid
Dec 3, 2015
MX Oil plc has been notified by the National Hydrocarbons Commission ('CNH') that the Company, together with its partner Geo Estratos ('Geo'), has pre-qualified to participate in the third phase of the Bid Round 1 Licensing

Northcote Energy withdraws from Mexico bid round
Dec 3, 2015
Northcote provides the following announcement in respect to its Mexico Bid Process. As per the announcements dated 4 September 2015 and 9 October 2015, the Company had entered the data room and submitted

Blue Whale Energy purchases Permian Basin assets for $1.084 billion
Dec 3, 2015
Blue Whale Energy North America (Blue Whale) closed a transaction with Tall City Exploration LLC and Plymouth Petroleum LLC, both private companies, on behalf of Moss Creek Resources, LLC, for

Lekoil acquires Afren's participating interest in OPL 310
Dec 2, 2015
Lekoil has agreed to acquire Afren plc's ('Afren') entire 22.86% participating interest in OPL 310, which contains the Ogo discovery, for a total cash consideration of US$13 million (the 'Consideration')

Solar3D closes the acquisition of Elite Solar
Dec 2, 2015
Solar3D, Inc. has closed its acquisition of Elite Solar, a Durham, California-based solar systems provider including Universal Racking Systems, a manufacturer of highly advanced ground

ORLEN Upstream and Kicking Horse Energy complete arrangement
Dec 2, 2015
ORLEN Upstream Canada Ltd., a wholly owned subsidiary of PKN ORLEN S.A, and Kicking Horse Energy Inc. has completed ORLEN Upstream Canada's acquisition of all of the outstanding common shares

Pengrowth Energy closes the sale of its Jenner area assets
Dec 2, 2015
Pengrowth Energy Corporation has successfully completed the previously announced sale of its non-core Jenner area assets for cash consideration of approximately $78 million, after closing cost adjustments.

Statoil to divest interest in Trans Adriatic Pipeline for EUR 208 million
Dec 2, 2015
Following the divestment of its share in the Shah Deniz gas field in Azerbaijan, Statoil has agreed to sell its 20% interest in Trans Adriatic Pipeline AG to the Italian gas infrastructure company Snam SpA for