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Indonesia's Medco Energi offers 340 mln stg for UK-listed Ophir
Indonesia >> 1/13/2019 - Indonesian oil and gas group Medco Energi Internasional said it could offer 340 million pounds ($436 million) in cash for London-listed Ophir , which has assets in south-east Asia. Ophir's shares fell...
Tidewater Announces Extension of Expiration Time of Tender Offer
United States >> 1/11/2019 - Tidewater Inc. (TDW) announced that due to the closing of executive departments and agencies of the U.S. Federal government, including the Securities and Exchange Commission, on Monday, December 24, 2...
Egypt to Implement Gasoline Price Mechanism in April
Egypt to Implement Gasoline Price Mechanism in April Egypt >> 1/7/2019 - Egypt will implement an automatic price indexation mechanism on 95 octane gasoline starting in April which will limit price changes to 10 percent, Petroleum Minister Tarek El Molla said. ...
NOC Announces November Monthly Oil Revenue
Libya >> 12/28/2018 - National Oil Corporation (NOC) declares that November income from sales of crude oil, derived products, and taxes and royalties received from concession contracts was approximately 2.4 billion USD – t...
APICORP Commits $100 million in Funding Support for Duqm Refinery
Oman >> 12/23/2018 - The Arab Petroleum Investments Corporation (Apicorp), a multilateral development bank, has announced a $100 million investment as part of a consortium of international and regional banks to finance th...
Husky Energy Announces 2019 Budget and Production Update
Canada >> 12/20/2018 - Husky Energy plans to spend approximately $3.4 billion on its capital expenditure program in 2019 as it continues to invest in a deep portfolio of higher-margin, longer-life projects. This is about $3...
Dana Gas Receives $20M from Egypt
Dana Gas Receives $20M from Egypt Egypt >> 12/18/2018 - Dana Gas PJSC, the Middle East's largest regional private sector natural gas company, has received $20 million (AED 73m) from the Egyptian Government in Egyptian pounds. Total receipts from Egypt has ...
Equinor Announces Refinancing of the Dudgeon Wind Farm
United Kingdom >> 12/12/2018 - The owners of the Dudgeon wind farm, Equinor, Masdar and China Resources Group, have signed a hybrid refinancing of GBP 1.4 billion. The refinancing includes commercial bank debt and senior secured no...
ADX Energy Announces Funding Options for Parta Appraisal Drilling Onshore Romania
Romania >> 12/11/2018 - ADX Energy has announced that Reabold Resources and ADX have agreed to a number of funding options for Danube Petroleum in order to provide funding certainty for future appraisal drilling operations. ...
Marubeni Finalizes Project Finance Agreement in Indonesia
Indonesia >> 12/7/2018 - Marubeni Corporation (Marubeni) is pleased to announce that PT Jawa Satu Power, which is owned in consortium by Marubeni, PT Pertamina (Persero) (hereinafter, “Pertamina”) and Sojitz Corporation (here...
Phoenix Global Resources Announces Additional Funding
Argentina >> 12/6/2018 - Further to the Company's announcement on 16 February 2018, Phoenix Global Resources, the upstream oil and gas company offering its investors an opportunity to invest directly into Argentina's Vaca Mue...
$4.6 billion Financing Signed for Duqm Refinery
Oman >> 12/5/2018 - Duqm Refinery announced its project’s financial close at a gala dinner held at the Intercontinental Hotel Muscat. Achieving a multi-source project financing for the Duqm Refinery project was a major m...
Reabold Resources Announces Exercise of Danube Petroleum Option
United Kingdom >> 12/3/2018 - Reabold, the oil and gas investing company, has exercised options to subscribe for 375,940 fully paid ordinary shares in the capital of Danube Petroleum Limited at a price of £1 per share, pursuant to...
New Brazilian Government Plans Concessions for Oil Auctions
Brazil >> 11/22/2018 - A top aide to Brazilian president-elect Jair Bolsonaro said the new government would adopt concession contracts for lucrative pre-salt oil auctions, raising concerns that talks to change the regime wo...
Oman Gas Signs Loan Agreement with Domestic, International Banks
Oman >> 11/6/2018 - State-owned Oman Gas Co. has signed a financing agreement with a group of seven local and international banks, the firm stated on Twitter, without giving details on the size of the financing. ...
Occidental Petroleum Takes $196M Charge on ISND Exit
Oman >> 11/5/2018 - Occidental Petroleum Corporation announced net income for the third quarter of 2018 of $1.9 billion, or $2.44 per diluted share, which included an after-tax gain on the sale of domestic midstream asse...
Bahrain's Oil Company Targets $1 bln through Dual-tranche Bond
Bahrain >> 10/31/2018 - Bahrain’s state-owned oil company Nogaholding plans to raise $1 billion through a dual-tranche U.S. dollar-denominated bond, a document by one of the banks leading the transaction showed.
Pre Payment of Debt and New Financing with Banco Santander
Brazil >> 10/31/2018 - Petrobras prepaid a debt with Banco Santander in the amount of US$ 1 billion, due 2023. Simultaneously, it signed with the same institution a new line of credit worth US$ 750 million, due October 2028...
Submission of Early Production Scheme Pre-Feasibility Study
Niger >> 10/26/2018 - Savannah Petroleum PLC, the British independent oil and gas company focused around oil and gas activities in Niger and Nigeria, is pleased to announce that its Niger subsidiary (“Savannah Niger”) has ...
Nigeria's Senate to Probe Alleged $3.5b NNPC Fuel Subsidy Fund
Nigeria >> 10/16/2018 - Nigeria’s upper house of parliament plans to investigate an alleged $3.5 billion fuel subsidy fund at state-oil firm NNPC, lawmakers said on Tuesday. ...

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