Gulf Oil and Gas accountACCOUNT

Financials and Investment News

DNO Reports Payment for Tawke Deliveries
Iraq >> 3/23/2018 - DNO ASA, the Norwegian oil and gas operator, reported receipt of USD 5.25 million from the Kurdistan Regional Government net to DNO, representing three percent of gross Tawke license revenues during D...
Energean Takes FID on $1.6B Karish & Tanin Gas Project
Israel >> 3/22/2018 - Following the Company’s successful IPO on the London Stock Exchange, Energean takes FID to proceed with its $1.6 billion Karish & Tanin development offshore Israel. ...
Australis Raises Funds for US Shale Drilling
United States >> 3/22/2018 - Australis Oil & Gas Limited has received commitments from institutional and sophisticated investors for the placement of 115,280,000 new ordinary fully paid shares to raise A$39,195,200, before issue ...
JOGMEC Provides Equity Financing to Kashagan Field Development
Kazakhstan >> 3/16/2018 - Japan Oil, Gas and Metals National Corp (JOGMEC) has announced that it will provide equity financing to INPEX North Caspian Sea (INCS), a subsidiary of INPEX, which holds a 7.56% equity interest in th...
Teekay LNG Partners Declares Distributions on Series A & B Preferred Units
Bermuda >> 3/16/2018 - Teekay GP LLC, the general partner of Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (TGP), has declared cash distributions of $0.5625 per unit on the Partnership’s Series A preferred units ...
Kuwait Oil Tanker Co. Signs Financing Deal for Eight Tankers
Kuwait >> 3/15/2018 - Kuwait Oil Tanker Company said has signed a 140 million dinar ($467 million) financing deal with three local banks for eight oil tankers, state news agency KUNA reported. ...
Shell, GT Bank Agree $270m Oil Backed Loan to Nigeria's Amni
Nigeria >> 3/15/2018 - Nigeria’s Guaranty Trust Bank and a subsidiary of Royal Dutch Shell have granted a $270 million loan to independent Nigerian oil and gas producer Amni International, Amni told Reuters on Thursday. ...
Nu-Oil and Gas Announces Placing to Raise £1.5m
United Kingdom >> 3/15/2018 - The Company announces that it has completed an oversubscribed placing of new ordinary shares of 0.1 pence each in the Company ("Ordinary Shares") to raise £1.5 million in total before expenses. The C...
KBR Launches Debt-Only Refinancing
United States >> 3/13/2018 - KBR, Inc. (KBR), a global provider of differentiated professional services and technologies to the Government Services and Hydrocarbons sectors, announced that it has launched its refinancing which it...
Petrobras Signs US$4.35 billion Revolving Credit Facility
Brazil >> 3/8/2018 - Petrobras has signed with a syndicate of 17 banks, a revolving credit facility (RCF) in the amount of US$ 4.35 billion, with maturity in March 2023. Through the instrument, the company may make withdr...
ExxonMobil Outlines Aggressive Growth Plans to More than Double Earnings
United States >> 3/7/2018 - ExxonMobil outlined an aggressive growth strategy to more than double earnings and cash flow from operations by 2025 at today’s oil prices. ...
Duqm Refinery to Achieve Financial Close in Second Quarter of 2018
Oman >> 3/5/2018 - Duqm Refinery, a 50:50 partnership of Oman Oil Company and Kuwait Petroleum International (KPI), hopes to close the financing of its estimated $7 billion grassroots refinery project in Duqm Special Ec...
EMGS Announces Proposed Comprehensive Refinancing
Norway >> 3/2/2018 - As further described in Electromagnetic Geoservices Q4 2017 report, published on 8 February 2018, the Company's financial situation is such that additional financing is required. ...
KrisEnergy to Divest its Interest in the Block A Aceh Gas Project
Indonesia >> 3/1/2018 - Announcing a financial and operational update, KrisEnergy said a capital markets restructuring was undertaken in late 2016/early 2017 and the Group’s business strategy was reset to focus capital resou...
Nu-Oil & Gas Announces Placing to Raise £2.0 million
United Kingdom >> 3/1/2018 - Nu-Oil has completed a placing of new ordinary shares of 0.1 pence each in the Company ("Ordinary Shares") to raise £2.0 million in total before expenses. The Company placed 160,000,000 new Ordinary ...
Wentworth Provides Payment Update
Tanzania >> 3/1/2018 - Wentworth, the Oslo Stock Exchange and AIM listed independent, East Africa-focused oil & gas company, is providing an update to shareholders regarding recent payments received for gas sales. ...
Gazprom Neft Reports Record Financial Performance for 2017
Russia >> 2/28/2018 - The company achieved record results across a number of financial metrics in 2017. Company revenue including duties (sales) for the 12 months ended 31 December 2017 was in excess of RUB2 trillion, an i...
Gastar Exploration Closes Sale of Non-Core Acreage in Oklahoma
United States >> 2/28/2018 - Gastar Exploration Inc. has completed the previously announced sale of its interest in the West Edmond Hunton Lime Unit for $107.5 million, adjusted for the effective date of October 1, 2017 and resul...
Statement Regarding Media Speculation
Namibia >> 2/26/2018 - Chariot Oil & Gas Limited, the Atlantic margins focused oil and gas exploration company, notes the recent media speculation and confirms that it is in advanced stages of completing a new equity fundra...
Meethaq, HCF Sign Financing Deal for Oman Project
Oman >> 2/24/2018 - Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, and Hydrocarbon Finder E&P LLC (HCF) signed an Islamic project financing facility for the development of oil and gas fields in Oman’s ...

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.