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Financials and Investment News

Plains All American Pipeline and Plains GP Holdings Announce Distributions
United States >> 10/8/2020 - Plains All American Pipeline, L.P. and Plains GP Holdings announced their quarterly distributions with respect to the third quarter of 2020. ...
OKEA Provides Update on Yme New Development Project
Norway >> 10/7/2020 - The Norwegian Government published the Proposed National Budget which includes an updated investment estimate for the Repsol-operated Yme New Development project. OKEA has previously provided market u...
Covid-19 Pandemic Drives Cost Increases for Projects Under Development
Norway >> 10/7/2020 - Equinor is the operator of 20 projects under development on the Norwegian continental shelf, or at Norwegian onshore plants. The Covid-19 pandemic and weakened Norwegian krone have negatively impacted...
Investment Facility - Second Closing
United Kingdom >> 10/6/2020 - Solo, the AIM investing company targeting attractive production and development opportunities within the European energy market, is pleased to announce the completion of the second closing under its p...
Kosmos Energy Strengthens Liquidity Position with Closing of $200M GoM
United States >> 10/5/2020 -  Kosmos Energy (KOS) (“Kosmos”) announced today that it has closed a Gulf of Mexico facility with Beal Bank USA and Trafigura Trading LLC (“Trafigura”).

Kosmos has restructured its previou...
EMGS Announces Vessel Activity & Sales Update for the Q3 of 2020
Norway >> 10/5/2020 - Electromagnetic Geoservices ASA (the "Company" or "EMGS") releases information on vessel activity and multi-client sales during the quarter 4-5 working days after the close of each quarter. <...
Hoegh LNG Successfully Completes Tap Issue
Bermuda >> 10/5/2020 - Hoegh LNG Holdings Ltd. has successfully completed a tap issue of NOK 160.5 million under its existing senior unsecured bonds with maturity date 30 January 2025 and ISIN NO0010873755 ("HLNG04"). The t...
APICORP Provides $70.5M for 5th Phase of Dubai Solar Project
United Arab Emirates >> 10/4/2020 - The Arab Petroleum Investments Corporation (APICORP), multilateral development financial institution, has signed an agreement with Shuaa Energy 3 P.S.C sponsored by Dubai Electricity and Water Authori...
Lightsource bp Completes $285M Financing on Bighorn Solar Project
Canada >> 10/1/2020 - Lightsource bp has successfully closed on a $285 million financing package for its Bighorn Solar project, which will be located on EVRAZ Rocky Mountain Steel mill property in Pueblo. Xcel Energy, as t...
BPC Raised £9.5 million Placing
Bahamas >> 10/1/2020 - Highlights:
- Successful Placing to institutional investors to raise gross proceeds of £9.5 million ($12 million) through the issue of 475,000,000 new ordinary shares at a price of 2p each
...
Africa Oil Announces Favorable Prime RBL Redetermination
South Africa >> 10/1/2020 - Africa Oil Corp. ("AOI") is pleased to provide an update on Prime Oil & Gas B.V. ("Prime") Reserve Base Lending facility ("RBL"). Africa Oil has a 50% shareholding in Prime, a company with deepwater p...
Stable Platform Agreement Extended
United Kingdom >> 10/1/2020 - Premier’s creditors have approved an extension to the previously announced Stable Platform Agreement with the Group’s financial covenants waived through to 5 November 2020. Discussions continue relati...
Callon Petroleum Announces $170M in Asset Monetizations
United States >> 10/1/2020 - Callon Petroleum Company announced additional initiatives to enhance liquidity, consistent with the Company's commitment to proactively addressing its capital structure. The transactions announced tod...
Marathon Oil Reinstates Base Dividend and Reduces Debt
United States >> 10/1/2020 - Marathon Oil Corporation reported an update highlighting the reinstatement of a base dividend, recent debt reduction initiatives, and a transparent framework for future capital allocation and uses of ...
Africa Energy Closes Previously Announced Private Placement
South Africa >> 9/30/2020 - Africa Energy Corp., an oil and gas company with exploration assets offshore South Africa and Namibia, announces the successful closing of the equity issue (the “Private Placement”) of common shares i...
QEP Resources Completes Redemption of Its 6.875% Senior Notes Due 2021
United States >> 9/30/2020 - QEP Resources, Inc. completed its previously announced redemption of its 6.875% Senior Notes due 2021 (the “2021 Notes”) in the aggregate principal amount of $275.3 million. The 2021 Notes were redeem...
Adnoc Launches First Trading Unit
United Arab Emirates >> 9/30/2020 - The Abu Dhabi National Oil Company (ADNOC) announced that one of its new trading entities, ADNOC Trading, has started derivatives trading as a direct market participant. This represents a major milest...
Solo Oil Announces Unaudited Interim Results 2020
Tanzania >> 9/30/2020 - Solo Oil, the AIM investing company targeting attractive production and development opportunities within the European Energy market, is pleased to announce its Unaudited Interim Results for the six mo...
Block Energy Announces Interim Results
Georgia >> 9/30/2020 - Block Energy, the exploration and production company focused on Georgia, has announced its interim results for the six months ended 30 June 2020.

Highlights

- Entered into...
Adjustment Information Relating to Potential Subsequent Offering
Bermuda >> 9/30/2020 - Reference is made to Borr Drilling Limited’s stock exchange announcements of 30 September, 2020, relating to the successfully completed equity offering through the subscription and allocation of 51,88...

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