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Occidental Announces First Quarter 2020 Results
United States >> 5/5/2020 - Occidental Petroleum Corporation announced a net loss attributable to common stockholders for the first quarter of 2020 of $2.2 billion, or $2.49 per diluted share, and an adjusted loss attributable t...
Gulf Marine Unanimously Rejects Seafox $32 million Takeover Proposal
United Arab Emirates >> 5/4/2020 - Following Seafox's announcement on 30 April 2020 of its unsolicited and non-binding approach to acquire the entire issued and to be issued share capital of Gulf Marine Services PLC ("GMS" or the "Comp...
SABIC Announces Results for First Quarter 2020
Saudi Arabia >> 5/4/2020 - SABIC posted a net loss of SR 0.95 billion in the first quarter of 2020, a decrease of 20% compared to net losses of SR 0.79 billion posted in the previous quarter.

Total sales during the f...
Subsea 7 Announces First Quarter 2020 Results
United States >> 4/30/2020 -  Subsea 7 S.A. announced results for the first quarter which ended 31 March 2020.

First quarter summary

- Prompt action taken to address the challenges posed by Covid-19 i...
Re-structure of Financial Obligations to Optimum
Nigeria >> 4/30/2020 - LEKOIL, the oil and gas exploration and production company with a focus on Nigeria and West Africa, is pleased to announce that, further to the Company's announcements on 21 January 2020, 25 March 202...
APICORP Announces USD 500M to Member Countries in COVID-19
Oman >> 4/29/2020 - The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution has launched a USD 500 million countercyclical support package aimed at supporting its clients in...
SABIC Donates $1.5M to Support COVID-19 Response Efforts
United States >> 4/29/2020 - SABIC, a global leader in diversified chemicals announced that it is donating $1.5 million in monetary and in-kind product donations in the Americas region to assist those most impacted during the COV...
NOC Reports Oil Revenues for March 2020
Libya >> 4/27/2020 - National Oil Corporation (NOC) revenues amounted to $1.093 billion ($1,093,537,953) in March 2020, after collection of revenues from sales made in January. ...
San Leon Energy Announces Proposed Special Dividend
Nigeria >> 4/27/2020 - San Leon, the independent oil and gas production, development and exploration company focussed on Nigeria, is pleased to announce that the Board has approved a special dividend of approximately £27 mi...
Delivering Western Australia'S Gas Supply at Lower Cost
Australia >> 4/24/2020 - Maintaining strong safety, reliability and service performance with lower revenue and costs are the focus of Australian Gas Infrastructure Group’s Final Plan for Western Australia's Dampier to Bunbury...
AFDB Rebuts Claims Relating to Financing of EACOP Project
Tanzania >> 4/18/2020 - The African Development Bank has become aware of an inaccurate news article stating that the institution plans to provide financial support to the East African Crude Oil Pipeline Project.

...
Genel Provides Update on Payments for KRI Oil Sales
Iraq >> 4/17/2020 - Genel Energy plc announces that payment has been received from the Kurdistan Regional Government ('KRG') for oil sales during March 2020.

The Taq Taq partners have received a gross payme...
Yinson Completes $800m Refinancing Deal for FPSO John Agyekum Kufuor
Yinson Completes $800m Refinancing Deal for FPSO John Agyekum Kufuor Ghana >> 4/15/2020 - YINSON HOLDINGS BERHAD completed a USD800 million refinancing exercise for FPSO John Agyekum Kufuor (JAK), with the loan successfully drawn down on 14 April. The project kicked off five months ago in ...
Equity Fundraising of Approximately £500,000
United Kingdom >> 4/14/2020 - Egdon Resources plc has raised approximately £500,000 via a subscription for new shares, to be completed in two tranches. The Company has raised approximately £415,164 (the “Subscription“) through the...
Baker Hughes Announces Financial Update in Response to COVID-19
United States >> 4/13/2020 - Baker Hughes announced a financial update in response to the significant decline in oil and gas prices and the COVID-19 pandemic. In addition to taking critical steps to reduce the spread and infectio...
Seadrill Receives Notice from NYSE regarding Continued Listing Standard
Norway >> 4/8/2020 - Seadrill Limited announced that on March 26, 2020, the Company has received written notice from the New York Stock Exchange (the “NYSE”) that the Company is not in compliance with the NYSE continued l...
Kosmos Successfully Completes Reserve Based Lending Facility Re-determination
Mauritania >> 4/8/2020 - Kosmos Energy has successfully completed the re-determination of its reserve based lending credit facility (“RBL”). In addition, the company has identified a further $75 million in cost reductions acr...
Completion of Fully Subscribed Private Placement
United Kingdom >> 4/8/2020 - Zenith Energy Ltd., the listed international oil & gas production company focused on pursuing African development opportunities, is pleased to announce that it has received conditional approval for th...
Financing of up to CAD$921,000 by Private Placement
Canada >> 4/6/2020 - Zenith Energy Ltd., is seeking approval to issue up to 75,000,000 new common shares ("Private Placement") to a selection of high net-worth private investors to raise gross proceeds of up to approximat...
OGUK Launches Survey to Understand Issues Facing Supply Chain
United Kingdom >> 4/3/2020 - The leading representative body for the UK offshore oil and gas industry has launched a survey in a bid to help find solutions to the problems faced by the supply chain as it deals with the impact of ...

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