IPC explores diverse sources of funding with a $300mn bond issue January 20, 2022 STOCKHOLM, SWEDEN: International Petroleum Corporation (IPC) has raised $300 million through a bond issue, as the Lundin Group’s company explores diverse sources of funding…
Winchester Energy acquires 100% working interest in Varn Oil Field December 3, 2021 SYDNEY, AUSTRALIA: Winchester Energy Limited (ASX: WEL) announced the acquisition of a 100% working interest in the Varn Oil Field, located 18 miles to…
Reuben Segal appointed new CEO of AqualisBraemar LOC ASA November 9, 2021 OSLO, NORWAY: David Wells, CEO of AqualisBraemar LOC ASA, has announced that he wishes to retire at year-end and step down as CEO of…
Mari Petroleum acquires working interest in Margala Block July 18, 2021 KARACHI, PAKISTAN: Mari Petroleum Company Limited (MPCL) has executed a farm-out agreement with MOL Pakistan Oil and Gas Co. B.V. over Margala Block with…
Integrated Wind Solutions acquires Green Ducklings July 15, 2021 OSLO, NORWAY: Integrated Wind Solutions AS (IWS) announced the acquisition of Green Ducklings A/S. Green Ducklings is a Danish offshore wind specialist advisory to…
Aker Solutions and Doosan Babcock partner up for sustainable energy projects in UK March 25, 2021 OSLO: Aker Solutions and Doosan Babcock have agreed to jointly deliver projects for low-carbon solutions and renewable energy in the UK, a news release…
PetroTal completes $100 Million senior secured bond issue February 17, 2021 CALGARY: PetroTal Corp. announced that on February 16, 2021 it completed the issuance of the $100 million issue of senior secured bonds, previously announced…
BW Offshore invests EUR 60mn to become strategic owner of Ideol S.A. February 17, 2021 OSLO: BW Offshore Limited has signed a share purchase agreement to become a strategic owner of Ideol S.A., a global pure player in floating…
Zenith Energy notifies successful completion of IPU in Congo February 10, 2021 LONDON: Zenith Energy Ltd. has received formal confirmation regarding the successful completion of the Inquiry of Public Utility (Enquête d’Utilité Publique) (IPU), following an…
Xstate closes acquisition of oil and gas producing assets February 9, 2021 SYDNEY: Xstate Resources Limited has closed on the acquisition of a 10% Working interest (WI) in oil and gas producing assets (Alberta Plains Assets)…