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Financials and Investment News

Mosman Oil and Gas Provides Update on Champion Project
United States >> 8/20/2019 - Mosman Oil and Gas Limited (MSMN) the oil exploration, development and production company, advises an update on the Champion Project. Currently Mosman owns a 60% working interest in the Champion Proj...
Issuance of Project Bond for FPSO Charter Project
Brazil >> 8/15/2019 - MODEC, Inc. (MODEC) is pleased to announce that an affiliate of MODEC has issued a project bond in the international capital markets outside Japan to refinance a Floating Production Storage and Offloa...
Aramco Reports First Half 2019 Net Income of $46.9 Billion
Saudi Arabia >> 8/12/2019 - Saudi Aramco announced for the first time its half-year financial results. The Company’s net income was $46.9 billion for the first half 2019, compared to $53.0 billion for the same period last year. ...
DFSA Signs MoU with the Central Bank of Egypt
Egypt >> 8/7/2019 - The Dubai Financial Services Authority (DFSA) signed a memorandum of understanding (MoU) with the Central Bank of Egypt (CBE) to enhance the relationship and cooperation between both institutions and ...
Meeting to Expand Joint Cooperation between Petropars & Bank Melli Iran
Iran >> 8/6/2019 - A meeting was held to expand joint cooperation between Petropars Group and Bank Melli Iran at the presence of Engineer Hamid-Reza Masoudi. A meeting was held to expand joint cooperation between Petrop...
Rockhopper Provides Sea Lion Funding Update
Falkland Islands >> 7/30/2019 - Rockhopper Exploration plc (RKH), the oil and gas company with key interests in the North Falkland Basin and the Greater Mediterranean region, is pleased to announce that the Preliminary Information M...
Extension of Bridging Loan Facility
Cameroon >> 7/30/2019 - Tower Resources plc, the AIM listed oil and gas company with its focus on Africa, is pleased to announce an extension of its Bridging Loan Facility ("Facility") of US$750,000. The terms of the extensi...
Venture Global Raises $10B for LNG Project
United States >> 7/19/2019 - Venture Global LNG, Inc. is proud to announce that the company’s $5.8 billion Calcasieu Pass LNG construction financing has received over $10 billion in binding commitments from Initial Coordinating L...
UKCS Decommissioning Cost Estimate 2019 Report published
United Kingdom >> 7/18/2019 - The estimated cost of decommissioning the UKCS’s remaining oil and gas infrastructure is continuing to reduce, according to the latest analysis by the Oil and Gas Authority (OGA). ...
Completion of Financing
Congo >> 7/17/2019 - Anglo African Oil & Gas plc, an independent oil and gas developer, is pleased to announce that it has completed a fundraising (the "Fundraising") for up to £8.25m. The fundraising comprises: ...
Vaalco Paid Due Under Final Settlement Agreement with Sonangol E.P.
Angola >> 7/17/2019 - VAALCO Energy, Inc. has paid $4.5 million to Angola National Agency of Petroleum, Gas, and Biofuels (ANPG), as National Concessionaire, under the terms of the previously announced Settlement Agreement...
Total Divests Assets in the UK to Petrogas
United Kingdom >> 7/10/2019 - Total has signed an agreement to divest several UK non-core assets to Petrogas NEO UK Ltd, the exploration and production arm of the Oman-based conglomerate MB Holding. Petrogas has partnered with Nor...
Murphy Oil Completes Sale of FLNG & Other Malaysian Project Assets to Thailand
Malaysia >> 7/10/2019 - Murphy Oil Corporation (MUR) (Murphy) announced its subsidiary closed the sale to divest the fully issued share capital of the entities primarily conducting Murphy’s operations in Malaysia to a subsid...
Nigeria Signs Africa Free Trade Agreement
Nigeria >> 7/7/2019 - Nigerian President Muhammadu Buhari has signed up to the $3 trillion Africa free trade agreement. As the largest economy on the continent, Nigeria’s decision to sign the deal was a boost to the pact. ...
Placing to Raise £2.65 million
United Kingdom >> 7/2/2019 - Reabold, the AIM investing company which focusses on investments in pre-cash flow upstream oil and gas projects, is pleased to announce that is has raised £2.65 million (gross) via a placing of 240,90...
Dana Gas Receives $48M from Its Operations in Egypt
Dana Gas Receives $48M from Its Operations in Egypt Egypt >> 6/29/2019 - Dana Gas PJSC has received payments of $48 million (AED 177 million) from its operations in Egypt in June. These collections comprise $38 million in payments from the government (of which $30 million ...
Lansdowne Oil & Gas Announces Loan Agreement with Two Major Shareholders
United States >> 6/26/2019 - Lansdowne Oil & Gas has confirmed that on 25 June 2019 the Company entered into a Loan Agreement for GBP 300,000 with major shareholders Lampe Conway & Co and Brandon Hill Capital.
PetroNeft Resources Provides Financing Update
Russia >> 6/25/2019 - PetroNeft (PTR) an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of Licences 61 and 67, is pleased to provide a financing ...
Corporate Update and Assessment of Strategic & Operational Options for Nostrum
Netherlands/Holland >> 6/24/2019 - Nostrum Oil & Gas PLC, an independent oil and gas company engaging in the production, development and exploration of oil and gas in the pre-Caspian Basin, announces that its Board has commenced a stra...
SOCO International Announces Syndication of the RBL
United Kingdom >> 6/24/2019 - SOCO International plc, an international oil and gas exploration and production company, is pleased to announce that DBS Bank has joined as a lending bank with effect from 18 June 2019 following the s...

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