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Whiting Petroleum Completes Reorganization
United States >> 9/1/2020 - Whiting Petroleum Corporation has successfully completed its financial restructuring and emerged from Chapter 11 protection. Whiting officially concluded its reorganization after completing all requir...
Africa Oil Receives Fourth Dividend from its Nigerian Asset
Nigeria >> 8/31/2020 - Africa Oil Corp. has received its fourth dividend from Prime Oil and Gas B.V. ("Prime"), a company that holds interests in deepwater Nigeria production and development assets. ...
Borr Drilling Limited Announces Preliminary Results for the Second Quarter of 2020
Bermuda >> 8/28/2020 - Borr Drilling Limited announces unaudited results for the three and six months ended June 30, 2020.

Highlights in the Second Quarter of 2020

· Total operating revenues of ...
Magseis Fairfield Reports Results for the Second Quarter 2020
Norway >> 8/25/2020 - Magseis Fairfield delivered strong operational and financial performance in the second quarter 2020, with all crews performing according to plan despite challenging logistics during the pandemic. The ...
Petrobras on Revolving Credit Lines
Brazil >> 8/25/2020 - Petrobras, following up on the releases dated 07/27/2020 and 03/20/2020, informs that it made the partial pre-payment of its revolving credit lines, in the amount of US$ 2.1 billion. ...
Shell Contributes $1.7M to Support Access to Energy During COVID-19
Nigeria >> 8/21/2020 - Shell has granted $1.7 million to six companies providing electricity in India, Kenya, Nigeria, Sierra Leone, Tanzania, and Uganda to support customers in financial difficulty because of the pandemic....
Refinancing Heads of Terms Agreed with Subset of Creditors
United Kingdom >> 8/20/2020 - Premier is pleased to announce that it has agreed heads of terms for a long-term refinancing of the Group’s debt facilities with a subset of its creditors representing over 45 per cent of the Group’s ...
Duke Energy Renewables Closes $109.4M in Preferred Tax Equity Funding from Goldman Sachs
United States >> 8/19/2020 - Duke Energy Renewables, a subsidiary of Duke Energy announced the closing of $109.4 million in a preferred tax equity funding from Goldman Sachs' Alternative Energy Investing Group.

The in...
Valaris plc Announces Agreement to Significantly Reduce Debt
United Kingdom >> 8/19/2020 - Valaris plc has entered into a binding Restructuring Support Agreement (the “RSA”) and Backstop Commitment Agreement (the “BCA”) with approximately 50% of its noteholders (“Consenting Noteholders”). V...
Strong Performance by A.P. Moller - Maersk in Q2 Despite COVID-19 Impact
Denmark >> 8/19/2020 -  In Q2 2020, A.P. Moller - Maersk improved profitability across all businesses through agile capacity deployment, cost mitigation initiatives and adaption to changed customer needs. The earnings impro...
Restructuring of Existing Term Loans
Nigeria >> 8/17/2020 - LEKOIL, the oil and gas exploration and production company with a focus on Nigeria and West Africa, is pleased to announce that LEKOIL Oil and Gas Investment Limited ("LOGL"), in which the Company has...
Tower Resources Provides Financing Update & Change of Joint Broker
Cameroon >> 8/14/2020 - Tower Resources plc, the AIM-listed oil and gas company with its focus on Africa , is pleased to provide an update regarding the financing process in respect of its Thali production-sharing contract ...
Maersk Drilling Releases H1 2020 Interim Financial Report
Denmark >> 8/14/2020 - The Board of Directors of The Drilling Company of 1972 A/S (Maersk Drilling) has adopted the interim financial report for the first half of 2020 (H1 2020): ...
Aker Carbon & Aker Offshore Wind Successfully Placed Private Placements
Norway >> 8/14/2020 - Reference is made to the stock exchange announcement made by Aker Solutions ASA ("Aker Solutions") on 12 August 2020 regarding the two contemplated private placements (the "Private Placements") in eac...
Comstock Resources Announces Add on Public Offering of 9.75% Senior Notes
United States >> 8/14/2020 - Comstock Resources, Inc. intends, subject to market conditions, to offer an additional $200 million of its 9.75% senior unsecured notes due 2026 (the “Notes”) in a registered underwritten offering. <...
Non Cash Impairment of Cooper Basin Oil Assets
Australia >> 8/12/2020 - Senex Energy Ltd expects to recognise a non-cash impairment charge of approximately $52 million1 in its FY20 full year results to be released on 24 August 2020. The non-cash impairment charge is in re...
Westport Fuel Systems Secures €7 Million Loan from Deutsche Bank
Canada >> 8/11/2020 - Westport Fuel Systems Inc. have secured a €7 million loan from Deutsche Bank to improve liquidity during the COVID-19 pandemic and finance capital investments for long-term growth. ...
Hermitage Offshore & 28 Subsidiaries File Voluntary Chapter 11
Bermuda >> 8/11/2020 - Hermitage Offshore Services Ltd. and 28 of its subsidiaries including all its vessel-owning subsidiaries (collectively, the “Company”) announced that they have filed voluntary petitions for reorganiza...
Petrofac Limited Results for the Six Months Ended 30 June 2020
United Kingdom >> 8/11/2020 - - Continuing to safely execute our projects and operations worldwide

- On track to deliver US$125 million of cost savings in 2020 and up to US$200 million in 2021

- Trading and a...
Commodity Hedge Program
Australia >> 8/10/2020 - Tap Oil Limited has entered into commodity hedge contracts with BP Singapore Pte Limited (BPS)

Details regarding the 45,000 barrels of contracted hedges with BPS are as follows:
• 27...

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