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Financing Update for the SNE Field Development
Senegal >> 11/14/2019 - FAR Limited (FAR) has previously indicated that it has a broad range of financing options for the development of the SNE field under investigation. In anticipation, FAR hasfor some time been seeking ...
NOC Reports Increase in October Oil & Gas Revenues
Libya >> 11/10/2019 - National Oil Corporation (NOC) reported October 2019 revenues of approximately 2.2 billion USD, an increase of 381 million USD (21%) compared to September 2019 revenues. ...
Marubeni & Mizuho Leasing to Acquire Remaining Shares of Aircastle Limited
Jordan >> 11/7/2019 - Marubeni Corporation (Marubeni), in partnership with Mizuho Leasing Company (Mizuho Leasing), has entered into a definitive agreements to acquire all of the outstanding common shares of Aircastle Limi...
Pacific Drilling Announces Third-Quarter 2019 Results
United States >> 11/5/2019 - Pacific Drilling S.A. (PACD) reported results for the third quarter of 2019. Net loss for third-quarter 2019 was $90.8 million or $1.21 per diluted share, compared to net loss of $73.6 million or $0.9...
OPL 310 Licence Extension Terms Fulfilled
Nigeria >> 10/31/2019 - LEKOIL, the oil and gas exploration and development company with a focus on West Africa, announces that it has paid the US$7.5 million license extension fee for OPL 310 ("the Block") as mandated by th...
Gazprom Neft Successfully Completes a RUB25 billion Bond Placement
Russia >> 10/29/2019 - Gazprom Neft has successfully closed the book building for its 003R-01R-series exchange-traded bonds, with a total nominal value of RUB25 billion, and a maturity of five years. The issue offers a two-...
Cabot Energy Announces Proposed Cancellation of AIM Admission
United Kingdom >> 10/29/2019 - Cabot Energy has announced the proposed cancellation of admission of its ordinary shares of 1p each to trading on AIM, re-registration as a private limited company and adoption of updated articles of ...
NextDecade Announces US$50 Million Investment by Mubadala
United States >> 10/24/2019 - NextDecade Corporation (NextDecade) (NEXT) and Mubadala Investment Company (Mubadala), the Abu Dhabi-based sovereign investor, announced that they have reached agreement for Mubadala to purchase US$50...
NIOC Seeking Novel Financing Methods to Fund Petroleum Projects
Iran >> 10/24/2019 - The National Iranian Oil Company (NIOC) CEO said his company was considering the use of a variety of securities and new methods of financing to attract public capitals to accelerate implementation of ...
AfDB Funds Angola Initiative to Improve Business Environment
Angola >> 10/23/2019 - The Angolan Government has launched a study funded by the Bank through the KOAFEC trust fund to support the improvement of export diversification and the business environment. ...
Term Sheet for Offtake and Prepayment Agreement
Congo >> 10/22/2019 - The Company has entered into a non-binding indicative term sheet with an international oil marketing and trading company (the "Offtaker") for an agreement which, if it were to complete and on bringing...
McDermott International Enters into Agreement for up to $1.7 Billion of New Financing
United States >> 10/21/2019 - McDermott International, Inc. (MDR) (collectively with its subsidiaries, the "Company") today announced that it has entered into an agreement (the "Agreement") with certain of its secured lenders (the...
Savannah Petroleum Signs Loan Facility
Niger >> 10/18/2019 - Savannah Petroleum PLC, the British independent oil & gas company focused around activities in Niger and Nigeria, is pleased to announce it has entered into an unsecured loan facility (the “Facility”)...
Polarcus Announces XArray Project in Australia
Australia >> 10/17/2019 - Polarcus Limited (PLCS) announces that the Company has secured high industry prefunding for a multi-client project in Australia with an approximate duration of one month. The project will commence in ...
SBM Offshore Completes $1.14B Financing of Liza Unity
Guyana >> 10/16/2019 - SBM Offshore is pleased to announce that it completed the project financing of FPSO Liza Unity for a total of US$1.14 billion. ...
Eland Oil & Gas Recommends Cash Acquisition by Seplat Petroleum
Nigeria >> 10/15/2019 - Summary and Highlights

- The boards of Se...
BP to Deliver Around $10b of Divestment Proceeds
United States >> 10/11/2019 - BP now expects to deliver divestment proceeds and announced transactions totalling around $10 billion by the end of 2019, comprising the majority of its two-year divestment programme planned to comple...
Columbus Provides Update about the La Lora Concession in Spain
Spain >> 10/10/2019 - Columbus, the oil and gas producer and explorer with operations in Trinidad and Suriname, provides the following update about the La Lora Concession in Spain. ...
Cost Changes in Projects on the Norwegian Continental Shelf
Norway >> 10/7/2019 - Equinor is the operator for 21 projects in the implementation phase, with a total investment of around 210 billion kroner. 20 of these are on the Norwegian shelf or at Norwegian onshore facilities. ...
IGas Signs New Debt Facility
United Kingdom >> 10/3/2019 - IGas announces that it has signed a US$40 million senior secured Reserve-Based Lending Facility (RBL) with BMO Capital Markets (BMO). ...

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