Cue completes the sale of Papua New Guinea portfolioDec 29, 2014Cue Energy Resources Limited has completed the sale of its interests in Papua New Guinea to the National Petroleum Company of PNG for USD7m. Energy Resources Limited has completed the sale of its interests in Papua New Guinea to the National Petroleum Company of PNG for USD7m.
Magnum Hunter's Stalder 3UH well (Utica) is now under control and cappedDec 26, 2014Magnum Hunter Resources Corporation says that the previously announced blowout of the Company's Utica Shale well, the Stalder 3UH, located in
Range Resources sells non-core Texas assetsDec 26, 2014Range has signed a Sale & Purchase Agreement for the disposal of 100% of Range Australia Resources (US) Limited which holds the Company's
Hardy Oil and Gas relinquish exploration licence in IndiaDec 26, 2014Hardy Oil and Gas on 23 December 2014 consented to the relinquishment of the KG-DWN-2003/1 (D3) exploration licence. On 23 December 2014, the D3 Management Committee
BG Group agrees sale and charter of LNG vesselsDec 25, 2014BG Group has entered into an agreement with GasLog Ltd for them to acquire two modern tri-fuel diesel electric (TFDE) LNG carriers for proceeds of $460 million. BG Group will charter back the two vessels, the Methane Becki Anne and Methane Julia Louise, for nine and eleven years with further options to extend the term for each vessel by either three or five years.
Andes Energia acquire interest in InteroilDec 24, 2014The Board of Andes has agreed with the board of Interoil Exploration and Production ASA (IOX) to invest NOK 36.3 million (US$4.95 million) in IOX
Chariot update on Morocco farm-outDec 24, 2014Chariot Oil & Gas Limited says that the farm-out signed between its wholly owned subsidiary, Chariot Oil & Gas Investments (Morocco) Ltd. and a wholly
Statoil optimises portfolio – realising USD 394 million from Marcellus assetDec 24, 2014Statoil has agreed to reduce its working interest in the non-operated US southern Marcellus onshore asset from 29% to 23%, following a USD 394 million
Bowleven to complete Etinde farm-out transactionDec 24, 2014Bowleven says that the Etinde farm-out transaction with LUKOIL/NewAge is at the final stage of completion. Following the Government's official approval
BP and SOCAR sign an agreement to explore shallow water Absheron PeninsulaDec 23, 2014BP and SOCAR (the State Oil Company of the Republic of Azerbaijan) has signed a new production sharing agreement (PSA) to jointly explore for and
Premier completes the sale of its non-operated interests to MOL GroupDec 23, 2014Premier Oil provides an update in relation to two previously announced asset sales which have now completed. The combined cash consideration of the two transactions is $147.5 million. Premier has completed the sale of its non-operated interests in the producing Scott, Telford and Rochelle fields to MOL Group for a cash consideration of $130 million
Mosman Oil updates on takeover bid for MEO AustraliaDec 23, 2014The Directors of Mosman Oil and Gas Limited, the New Zealand and Australia focussed oil exploration and development company is pleased to update
Sherritt International signs two new production-sharing contractsDec 22, 2014Sherritt International Corporation has signed two new Production Sharing Contracts (PSCs) with the Government of Cuba. The new blocks, 8A and 10, are located in Central and Northern Cuba
Pacific Rubiales to sell U.S.$320 million of interest in Pacific Midstream to IFCDec 22, 2014Pacific Rubiales Energy Corp. has executed definitive agreements with the International Financial Corporation (IFC), a member of the World Bank
Rose Petroleum : Grant of Drilling Permit for State 1-34 wellDec 19, 2014Rose Petroleum’s wholly owned subsidiary, Rose Petroleum (Utah) LLC, has been granted the Drilling Permit from the State of Utah to enable operations
African Petroleum enters first renewal period on Senegal licenceDec 19, 2014African Petroleum Corporation says that its subsidiary African Petroleum Senegal Limited has just received confirmation from the President in the form of
Third and final Fugro Offshore Coastal Survey Vessel delivered to Fugro N.V.Dec 19, 2014Three months after its last delivery, Fugro has received the third of a series of three Fugro Offshore Coastal Survey Vessels (FOCSV) being built by
EXHEAT Group acquires Seaward Safety LtdDec 19, 2014EXHEAT Group Ltd has acquired 100% of Seaward Safety Ltd share capital, specialists in Marine and Offshore safety signage and systems.
Shell agrees to sell downstream businesses Norway to ST1Dec 19, 2014Shell has signed an agreement with ST1 for the sale of its retail, commercial fuels and supply and distribution logistics businesses in Norway. In addition, Shell's aviation business in Norway will become a 50-50 joint venture with ST1. The sale is subject to regulatory approval and is expected to be completed in 2015.
NEOS GeoSoloutions completes airborne acquisition operations in LebanonDec 18, 2014NEOS GeoSolutions, Inc. has completed airborne acquisition operations, with the full support of its local partner Petroserv SAL, on its previously
Sheridan raises $1.5 billion for acquisition of onshore US producing oil and gas assetsDec 18, 2014Sheridan Production Partners has raised $1.5 billion in equity commitments through its third fund, Sheridan Production Partners III, to acquire onshore
Ramboll acquires US-based ENVIRONDec 18, 2014Ramboll has acquired the US-based global consultancy, ENVIRON, adding more than 1,500 environmental and health science specialists in 21 countries.
GE agrees to acquire Oceaneering’s Electric Actuator Product LineDec 18, 2014GE has signed an agreement to acquire the Subsea Electric Actuator product line of Oceaneering. The product line goes to market under the Oceaneering Subsea All Electric and
Technip closes its sale of Diving Assets in the Gulf of MexicoDec 17, 2014Effective, December 5, 2014, Technip has completed the previously announced sale of its Diving Assets in the US Gulf of Mexico to Ranger Offshore Inc.
