Sterling Energy completes acquisition of an interest in Block C-10
Dec 1, 2015
Sterling Energy says that completion has now occurred under the sale and purchase agreement between its wholly owned subsidiary, Sterling Energy Mauritania Limited(‘SEML’) and Tullow

Rosneft and BP complete transaction to sell 20% share of Taas-Yuryakh Neftegazodobycha to BP
Dec 1, 2015
Rosneft and BP announce the completion of the transaction to sell a 20 per cent share of Taas-Yuryakh Neftegazodobycha LLC to the British company.

Protea delivers 23rd BOP handling system
Dec 1, 2015
Over the last 15 years, Protea has successfully delivered a wide range of BOP handling equipment to global offshore drilling contractors and very recently Protea delivered its 23rd BOP handling

Intertek acquires Hi-Tech Testing Services Inc. (Hi-Tech)
Dec 1, 2015
Intertek has announced the successful completion of the transaction to acquire Professional Service Industries, Inc. (PSI), under which Hi-Tech Testing Services, Inc. (Hi-Tech), a provider of non-destructive testing (NDT)

Elixir provides update on Cliff Head transaction
Nov 30, 2015
Elixir is entering into an exciting phase in its growth with the recent announcement of the signing of an agreement to acquire a 57.5% Working Interest in the producing Cliff Head oil field

FAR Ltd. receives Presidential Decree confirming Senegal PSC extension
Nov 30, 2015
FAR Ltd, a member of the Senegal Joint Venture, has received a Presidential decree extending the current Petroleum Sharing Contract (PSC) by the requested three years starting from 6 February, 2016.

Rockhopper Exploration and FOGL announces recommended merger
Nov 27, 2015
The boards of Rockhopper and FOGL have reached agreement on the terms of a recommended all-share merger to be effected by means of a Court-sanctioned scheme of arrangement

OCS Arabia launches in Saudi Arabia
Nov 27, 2015
OCS Arabia, a facilities management joint venture established between Saudi‐based Zahid Group and UK‐based OCS Group, has officially launched its operations in Saudi Arabia.

Enbridge acquires 103-megawatt West Virginia wind project
Nov 26, 2015
Enbridge Inc. announced the acquisition of a 100 percent interest in the 103-megawatt (MW) New Creek Wind Project, from EverPower Wind Holdings, LLC. Enbridge's total investment

Woodside buys CSD licenses
Nov 26, 2015
After a thorough evaluation the Australian oil company Woodside Petroleum has chosen to buy license to use the Completion String Design (CSD) software from the Stavanger (Norway) based Completion Services.

Opal Energy Corp. plans to acquire Versus LLC
Nov 26, 2015
Opal Energy Corp. has entered into a letter of intent (the "LOI") with Versus LLC (Versus) to acquire all of the issued and outstanding securities of Versus (the "Transaction").

NTNU and eDrilling to provide students with great training for real-world careers
Nov 25, 2015
The Norwegian University of Science and Technology (NTNU) is Norway's primary institution for educating the future's engineers and scientists, and eDrilling, announced a that eDrilling’s drilling and well

Grandweld delivers one dive maintenance & support vessel "TAWAM1" to ADNOC
Nov 25, 2015
Grandweld has successfully delivered one dive maintenance and support vessel “TAWAM1”to Abu Dhabi National Oil Company (ADNOC).

NuEnergy completes acquisition of Dart Energy (Indonesia) Holdings
Nov 24, 2015
NuEnergy Gas Ltd. referred to its announcement dated May 20 in relation to the signing of the conditional Share Purchase Agreement (SPA) with Dart Energy International Limited

KrisEnergy receives approval for Rossukon Production area
Nov 24, 2015
KrisEnergy Ltd. has secured government approval for the Rossukon Production Area in the Gulf of Thailand.

Jericho Oil continues roll-up of distressed producing Mid-Con assets
Nov 24, 2015
Jericho Oil Corporation has signed a definitive agreement to acquire a 50% working interest in producing wells and drillable leaseholds in Central Oklahoma for a total cas

Resolute Energy to sell Gardendale assets, Midland Basin
Nov 24, 2015
Resolute Energy Corporation has entered into a definitive agreement to sell its Gardendale assets in the Midland Basin of West Texas to an undisclosed buyer for a purchase price of $177.5 million.

Elk Petroleum acquires Devon Energy DJ Basin oil properties
Nov 24, 2015
Elk Petroleum Ltd has successfully completed the acquisition of a 100% operated working interest in certain oil properties from a wholly-owned subsidiary of Devon Energy Inc.

BG Group secures equity in Aphrodite discovery, offshore Cyprus
Nov 24, 2015
BG Group has taken a 35% holding in Block 12 offshore Cyprus which includes the Aphrodite gas discovery. This upstream position provides a potential source of gas to Egypt where BG Group holds equity in the two train LNG export facility at Idku as well as LNG offtake rights to lift 3.6 mtpa.

Marsa Energy announces award of 4 production licenses in Turkey
Nov 23, 2015
Marsa Energy Inc. has reached a major milestone and has been awarded 4 production licenses on its Ortakoy permit in the Republic of Turkey.

Eagle Energy Trust acquires Maple Leaf Royalties Corp.
Nov 23, 2015
Eagle Energy Trust has entered into a binding agreement (the "Arrangement Agreement") to acquire Maple Leaf Royalties Corp., (Maple Leaf) by way of a plan of arrangement (the "Arrangement").

Eni completes sale of the remaining shareholding in Galp
Nov 23, 2015
Eni S.p.A. has completed the sale of 33,124,670 ordinary shares (the “Shares‘) of Galp Energia SGPS S.A. (Galp), corresponding to the entire participation held by Eni and equal to approximately 4% of the share capital of Galp (the “Sale‘). The aggregate consideration of the Sale amounted to approximately € 325 million at a price of € 9.81 per Share.

Solo Oil and Aminex to farm out Ruvuma Petroleum Sharing Agreement to Bowleven
Nov 20, 2015
Solo Oil has reached agreement with Aminex plc to farmout a 12.5% net working interest in the Ruvuma Petroleum Sharing Agreement in Tanzania to Aminex in a back-to back

88 Energy acquires additional Icewine acreage
Nov 20, 2015
88 Energy Limited is pleased to provide the following update.100% owned subsidiary of 88 Energy, Accumulate Energy Alaska Inc, in conjunction with Joint