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Harvey Appraisal Well Funding
United Kingdom >> 8/17/2018 - Independent Oil and Gas plc ("IOG"), the development and production focused Oil and Gas Company, is pleased to announce the proposed funding of its 100% owned and operated high-impact Harvey appraisal...
Petrobras and Ensco Announce Settlement Agreement
United Kingdom >> 8/16/2018 - Petrobras and Ensco announce today that they have agreed to a settlement of all claims relating to the ENSCO DS-5 drilling services agreement. While the terms of the agreement are confidential, no pay...
Dana Gas Successfully Completes Sukuk Refinancing
United Arab Emirates >> 8/14/2018 - Dana Gas PJSC, the Middle East's largest regional private sector natural gas company, has announced that the issue of its new Sukuk has been completed and is now listed on Euronext Dublin (previously ...
Petrofac Secures New Banking Facilities
United Kingdom >> 8/13/2018 - Petrofac has secured US$300 million of new bank facilities with existing relationship banks. These new committed facilities, which will mature in 2020, provide additional liquidity and will reduce uti...
Iran Sets Currency Rescue Ahead of Reimposed U.S. Sanctions
Iran >> 8/6/2018 - Iran plans to implement a new financial rescue package on Monday to try and halt the rial’s decline, coinciding with the re-imposition of severe U.S. sanctions on the oil-rich state’s economy after Pr...
Saudi Arabia to Admit Iranian Diplomat
Iran >> 8/5/2018 - Saudi Arabia has agreed to admit an Iranian diplomat to head an office representing Iranian interests in the kingdom, the official Iranian news agency IRNA reported on Sunday, in a rare move after the...
Petrobras Posts Profit in the First Half and Reduces Its Debt
Brazil >> 8/3/2018 - Petrobras reported net income of R$ 17 billion in the first half of 2018. The positive result was mainly influenced by the increase in international oil prices, associated with the depreciation of the...
Wentworth Provides Payment Update
Tanzania >> 8/1/2018 - Wentworth, the Oslo Stock Exchange and AIM listed independent, East Africa-focused oil & gas company, provides an update to shareholders. ...
EU Grants Financial Assistance to TANAP
Azerbaijan >> 8/1/2018 - The EU Member States agreed on European Commission proposal to invest €48.4 million in several key European energy infrastructure projects using funds coming from CEF Energy (Connecting Europe Facilit...
Kuwait's Kufpec Signs $1.1 billion Finance Deal
Kuwait >> 7/31/2018 - Kuwait Foreign Petroleum Exploration Company (Kufpec) has signed a $1.1 billion finance deal with a number of banks to help it expand its oil and gas operations, the company’s chief executive said. ...
DNO Subscribes to Shares in Panoro Energy, Completes Sale of Tunisia Assets
Tunisia >> 7/30/2018 - DNO ASA has subscribed to 2,641,465 shares in Oslo-listed Panoro Energy ASA, representing 5.65 percent of the outstanding shares, at a price of NOK 12.82 per share. ...
COPL Receives Project Financing Term Sheet for Nigerian Development Project
Nigeria >> 7/30/2018 - Canadian Overseas Petroleum Limited (COPL), an international oil and gas exploration and development company, is pleased to announced that its 50% owned joint venture company, Shoreline Canadian Overs...
Sterling Energy Announces Results for Six Months Ending 30 June 2018
United Kingdom >> 7/27/2018 - Sterling Energy, together with its subsidiary undertakings, an upstream oil and gas company listed on the AIM market of the London Stock Exchange has announced its results for the six month period end...
Swala Announces Trading Halt During Equity Investment Discussions
Tanzania >> 7/27/2018 - Swala Oil & Gas advises that its securities will be placed in Trading Halt at the request of the Company, pending the release of an announcement by the Company in relation to a third-party equity inve...
Rosneft Suing Exxon-Led Oil Project over Dispute Between Neighbours
Russia >> 7/25/2018 - Russian oil major Rosneft’s $1.4 billion lawsuit against the ExxonMobil-led Sakhalin-1 consortium relates to a row over how oil should be shared between the Sakhalin-1 concession and an adjacent Rosne...
Implementation of Seawater Desalination Business in Oman
Oman >> 7/23/2018 - JGC Corporation (hereinafter “JGC”) announced today that Al Asilah Desalination Company S.A.O.C (hereinafter “Asilah”), in which JGC is the major shareholder, has received an award to build, own and o...
DNO Reports Payment for Tawke Deliveries
Iraq >> 7/20/2018 - DNO ASA, the Norwegian oil and gas operator, reported receipt of USD 62.33 million as payment for April 2018 crude oil deliveries to the export market from the Tawke license in the Kurdistan region of...
Diversified Gas & Oil Closing of $1 billion Credit Facility
United States >> 7/19/2018 - Diversified Gas & Oil PLC the U.S.-based acquirer and operator of gas and oil producing assets, announced the closing of an enlarged $1 billion, five-year senior secured revolving credit facility (the...
Permian Region NG Prices Fall as Production Continues to Grow
United States >> 7/18/2018 - The natural gas spot price spread between the Permian Basin, as priced at the Waha Hub in western Texas, and the U.S. national benchmark Henry Hub in Louisiana has grown considerably in the past year....
Nigeria's Senate to Investigate "anomalies" in Renewal of Oil Leases
Nigeria >> 7/18/2018 - Nigeria's upper house of parliament will investigate anomalies in the renewal of oil leases by the ministry of petroleum, it said on Wednesday. ...

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