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EnscoRowan Awarded USD 180 Million by Arbitration Tribunal
South Korea >> 5/17/2019 - EnscoRowan has announced that an arbitration tribunal has awarded the Company $180 million in damages in its proceedings againstSamsung Heavy Industries, a shipyard in South Korea ('SHI'). Further, th...
Block Energy Completes Placing to Raise GBP 12 Million
Georgia >> 5/17/2019 - AIM-listed Block Energy, the exploration and production company focused on the Republic of Georgia, has completed a placing of 109,090,000 new Ordinary Shares, raising approx. £12 million (before expe...
TGS Announces Initiation of a USD 50 million Share Repurchase Program
United States >> 5/14/2019 - TGS-NOPEC Geophysical Company has announced that reflective of the Company’s strong financial and liquidity position and improving market outlook, the Board of Directors has authorized a share repurch...
McDermott Comments on Cost Position of Cameron Project
United States >> 5/7/2019 - McDermott International, Inc. had announced on April 29, 2019, that its Cameron LNG project did not experience any material change in its cost position in the first quarter of 2019. ...
SuccessfulCcompletion of AU$45 million Capital Raising
Senegal >> 5/2/2019 - FAR Limited is pleased to announce a placement to institutional and sophisticated investors to raise approximately AU$45 million before expenses by issuing 818,854,544 million shares. ...
i3 Energy Announces Funding Update
United Kingdom >> 4/29/2019 - i3 Energy, an independent oil and gas company with assets and operations in the UK, has provided an update in relation to its announcement of 1st March 2019 regarding its intended entry into a Junior ...
Petrobras Executes Three Agreements for Sale of Assets Totaling US$ 10.3 Billion
Brazil >> 4/26/2019 - Petrobras has executed three sale and purchase agreements to sell assets for a total of US$ 10.3 billion (about R$ 40 billion). In 2019, considering the signed transactions and the closed one, the tot...
Bumi Armada Refinances Corporate Debt
Malaysia >> 4/24/2019 - Malaysia-based international offshore energy facilities and services provider Bumi Armada has announced the signing of documentation related to its corporate debt refinancing. ...
Gazprom Neft Signs Social & Economic Cooperation Agreement for 2019–2021
Russia >> 4/22/2019 - Gazprom Neft has signed a further social and economic cooperation agreement with the Government of the Khanty-Mansi Autonomous Okrug-Yugra, with the document being signed by Gazprom Neft CEO Alexander...
Petrobras Informs about Sstudies of Caixa Economica Federal to Sell its Shares
Brazil >> 4/17/2019 - Petrobras has received correspondence from Caixa Economica Federal ("Caixa") informing that it is studying the possibility of selling shares that they hold issued by Petrobras, having formed a syndica...
Placement with Botswana Based Investors
Botswana >> 4/16/2019 - Tlou Energy Limited is pleased to confirm that it has successfully completed an equity placement to Sophisticated Investors totalling BWP21.8 million (approximately AUD$2.9 million or £1.6 million). ...
Egypt's New Budget Cuts Fuel Subsidies by 40.5 Percent in FY 2019/20
Egypt's New Budget Cuts Fuel Subsidies by 40.5 Percent in FY 2019/20 Egypt >> 4/16/2019 - A finance ministry report on Egypt’s new budget (2019/20) showed that fuel subsidies will be reduced by EGP 36.112 billion (40 percent) in the new fiscal year, Finance Minister Mohamed Mait said in a ...
Dutch Supreme Court Rules for Chevron in Ecuador Dispute
Ecuador >> 4/15/2019 - The Supreme Court of the Netherlands has ruled in favor of Chevron Corporation, rejecting the Republic of Ecuador’s attempts to annul decisions of an international arbitral tribunal in The Hague that ...
Strategic Investor, Fundraise and Issue of Equity
United Kingdom >> 4/15/2019 - MX Oil plc, an oil and gas investing company quoted on AIM, announces the following corporate update: ...
JOGMEC Provides Equity Financing to INPEX’s Exploration Project
Australia >> 4/12/2019 - Japan Oil, Gas and Metals National Corporation (JOGMEC) announced that it will provide equity financing to INPEX Offshore Timor-Leste, Ltd. (INPEX Offshore Timor-Leste), a wholly owned subsidiary of I...
Aker Energy Announces $4.5m Capacity Building Support in Ghana
Ghana >> 4/9/2019 - Aker Energy, operator of the Deepwater Tano Cape Three Points (DWT/CTP) block, has pledged $4.5 million in support for the Accelerated Oil and Gas Capacity-Building (AOGC) programme in Ghana. The prog...
Callon Petroleum Company Announces Divestiture of Non-Core Assets
United States >> 4/8/2019 - Callon Petroleum Company (CPE) has entered into a definitive agreement regarding the sale of certain non-core assets in the Midland Basin for initial cash proceeds of $260 million, subject to customar...
AUD$1.2m Equity Raising at Premium with 12 Month Escrow
Botswana >> 4/8/2019 - Tlou Energy Limited, the ASX, AIM and BSE listed company focused on delivering power in Botswana and southern Africa through the development of coal bed methane (CBM) is pleased to confirm that it has...
KrisEnergy Announces Upsize of Revolving Credit Facility
Sierra Leone >> 4/4/2019 - KrisEnergy Ltd. (“KrisEnergy” or “the Company”, and together with its subsidiaries, the “Group”), an independent upstream oil and gas company, refers to

(i) the existing
US$148.3 mil...
Result of General Meeting (Gm) and Board Changes
United Kingdom >> 4/3/2019 - On 7 March 2019, Victoria Oil & Gas Plc had conditionally raised £13.57 million (gross), with new and existing shareholders, comprising a Placing of 59,357,488 New Ordinary Shares and a Subscription o...

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