Gulf Oil and Gas accountACCOUNT

Financials and Investment News

Petrobras Approves 2020-2024 Strategic Plan
Brazil >> 11/28/2019 - Petrobras informs that its Board of Directors approved, in a meeting held yesterday, the Strategic Plan for the 2020-2024 five-year period, in line with the company's strategic positioning, released o...
Union Jack Oil Announces Placing & Subscription to Raise GBP 5m
United Kingdom >> 11/27/2019 - Union Jack Oil plc, a UK-focused onshore hydrocarbon production, development and exploration company, is pleased to announce that it has raised £5 million by way of a placing and subscription of 3,333...
Okea Announces Successful Completion of $120m Bond Issue
Norway >> 11/27/2019 - Reference is made to the announcement on 19 November 2019 regarding a contemplated bond issue by OKEA ASA (the “Company”). The Company is pleased to announce the successful completion of a USD 120 mil...
AFDB Approves $400m to Support Mozambique LNG Area 1 Project
Mozambique >> 11/26/2019 - The Board of Directors of the African Development Bank Group (AfDB) approved a long-term Senior Loan of $400 million to support the building of an integrated Liquefied Natural Gas (LNG) plant, includi...
Samsung Heavy Reaches Resolution with U.S Department of Justice
South Korea >> 11/22/2019 - Samsung Heavy Industries Co. Ltd. (SHI) has reached an agreement with the U.S. Department of Justice (DOJ) to settle an investigation into commission payments related to the company’s 2007 contract to...
YINSON Raises $800M Through Refinancing Deal for FPSO John Agyekum Kufuor
Ghana >> 11/19/2019 - YINSON HOLDINGS BERHAD recently sealed a USD800 million refinancing agreement with 13 local and global banks to refinance FPSO John Agyekum Kufuor, Yinson’s vessel which is currently operating in OCTP...
ADX Energy Receives Final Government Approvals for the Transfer of RAG Production Assets
Austria >> 11/18/2019 - The transfer of the production licence for the Zisterdorf and Gaiselberg fields from RAG to ADX has been received from the relevant Austrian authority. ...
Subsea 7 S.A. Treasury Shares
United Kingdom >> 11/15/2019 - Subsea 7 S.A. transferred 7,346 shares from treasury to satisfy employee share awards under the Company’s Long-term Incentive Plan. Following the above transfer, the number of common shares held in tr...
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 t...
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...

Accounting, Statistics Acquisitions and Divestitures Asset Portfolio Management Economics/Financial Analysis General Insurance Investment Mergers and Acquisitions Risk Management
For Buyers
For Suppliers
Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.