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Dana Gas Receives $48M from Its Operations in Egypt
Dana Gas Receives $48M from Its Operations in Egypt Egypt >> 6/29/2019 - Dana Gas PJSC has received payments of $48 million (AED 177 million) from its operations in Egypt in June. These collections comprise $38 million in payments from the government (of which $30 million ...
Lansdowne Oil & Gas Announces Loan Agreement with Two Major Shareholders
United States >> 6/26/2019 - Lansdowne Oil & Gas has confirmed that on 25 June 2019 the Company entered into a Loan Agreement for GBP 300,000 with major shareholders Lampe Conway & Co and Brandon Hill Capital.
PetroNeft Resources Provides Financing Update
Russia >> 6/25/2019 - PetroNeft (PTR) an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of Licences 61 and 67, is pleased to provide a financing ...
SOCO International Announces Syndication of the RBL
United Kingdom >> 6/24/2019 - SOCO International plc, an international oil and gas exploration and production company, is pleased to announce that DBS Bank has joined as a lending bank with effect from 18 June 2019 following the s...
Corporate Update and Assessment of Strategic & Operational Options for Nostrum
Netherlands/Holland >> 6/24/2019 - Nostrum Oil & Gas PLC, an independent oil and gas company engaging in the production, development and exploration of oil and gas in the pre-Caspian Basin, announces that its Board has commenced a stra...
Petrobras Pays Vantage Drilling $700.9M to Satisfy U.S. Judgment
Brazil >> 6/21/2019 - Vantage Drilling International (Vantage) announced that Petrobras Venezuela Investments & Services, BV (PVIS), a subsidiary of Petroleo Brasileiro S.A, entered into an agreement with Vantage Deepwater...
Husky Accepts Fines for 2016 Saskatchewan Oil Spill
United States >> 6/12/2019 - Husky entered guilty pleas on federal and provincial charges related to a 2016 oil spill in Saskatchewan and will pay fines totaling $3.82 million. ...
ENOC Group Secures US$690 million Term Loan from a Consortium of Chinese Banks
China >> 6/10/2019 - ENOC Group has secured a five-year US$690 million term loan from a Chinese consortium of banks as China’s biggest financial institutions endorse the Group’s operational and financial health. The term ...
Gazprom Neft Joins Forces with the Mir National Card Payment System
Russia >> 6/7/2019 - Gazprom Neft has signed an agreement with the National Payment Card System (“NSPK”), owners of the “Mir” card payment system, on collaborating in increasing the use of national card-payment services t...
Wood & NERA Announce New Partnership to Develop World-First Prediction Tool
Australia >> 5/30/2019 - Wood and NERA (National Energy Resources Australia) have announced a new funding partnership arrangement led by Wood, in collaboration with the University of Western Australia (UWA), to support the de...
Atlantic Petroleum Announces Share Suspension
United Kingdom >> 5/26/2019 - The Board of Directors of Atlantic Petroleum has agreed with NASDAQ for a temporary suspension of the company’s shares. The Company advises that Graeme FAWCETT has elected to step down from his positi...
Strategic and Operational Update
Morocco >> 5/22/2019 - Sound Energy, the Moroccan focused upstream gas company, is pleased to provide an update on its strategy and operations. ...
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...
Marubeni Corporation Finalizes Project Finance Agreement
Saudi Arabia >> 5/17/2019 - Marubeni Corporation (hereinafter “Marubeni”) is pleased to announce that in April 2019, Shuqaiq Three Company For Water, owned by Marubeni, Acciona Agua S.A. (hereinafter “Acciona”), Abdul Latif Ja...
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...
New Bank Term Loan Facility & Contemplated Bond Issue
United States >> 5/10/2019 - Atlantica Tender Drilling Limited has received credit approvals from a syndicate of new and existing lenders for a new 4-year USD 100 million first lien term loan facility (the “Term Loan”). The Compa...
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. ...
Successful Completion 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 ...

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