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01 May 16
Energy firm says old Dead Sea well could hold $322 mln of oil
An Israeli energy company, Israel Opportunity, looking to revive an old oil well near the Dead Sea said on Sunday a new resources report showed the field could hold reserves worth 1.2 billion shekels ($322 million).
01 May 16
Tethys Petroleum announces binding C$9.8 million private placement with Olisol Investments
Tethys Petroleum has entered into a binding investment agreement with Olisol Investments for total proceeds of C$9,787,003, by way of a private placement.
01 May 16
Eni makes progress on $8 bln asset sales goal
Eni is well on track to sell assets worth 5 billion euros in the next two years as the oil major looks for resources to fund high-profile projects in Egypt and Mozambique and offset the impact of lower oil prices. Eni has tabled disposals of 7 billion euros ($8.01 bln) to 2019.
01 May 16
Neos to acquire Multi-Physics business from CGG
Neos on Friday announced an agreement with CGG to acquire its Multi-Physics business group, its General Geophysics Italy group and its data libraries for an undisclosed sum.
01 May 16
Georgia: Skyland Petroleum acquires interest in potential production project in Georgia
ASX-listed Skyland Petroleum has announced the completion of its acquisition of a 20% interest in the Block XIG Production Sharing Contract in the Republic of Georgia.
01 May 16
Norway helicopter crash: 13 killed near Bergen
Thirteen people are presumed dead after a helicopter crashed west of the Norwegian city of Bergen, rescuers say. The helicopter was flying from the Gullfaks oil field to Bergen.
01 May 16
Mongolia: Shell withdraws from farm-in to Petro Matad's Blocks IV and V in West/Central Mongolia
Shell, through its affiliate company, has issued an Exit Notice to Petro Matad, exercising the exit option under the Farmout Agreement dated 7 April 2015, to withdraw from the Block IV and V Production Sharing Contracts in West/Central Mongolia.
29 Apr 16
UK: Premier Oil announces completion of E.ON acquisition
Premier Oil has announced that, following receipt of all necessary approvals, the acquisition of the UK North Sea assets from E.ON has now completed.
29 Apr 16
Equatorial Guinea: Ophir Energy provides Fortuna FLNG update
Ophir Energy has provided an update on the project workstreams leading to Final Investment Decision ('FID') on the Fortuna FLNG Project in Equatorial Guinea.
29 Apr 16
Global Petroleum announces March 2016 Quarterly Report
Global Petroleum has announced its Quarterly Report for the period ending 31 March 2016, providing an update on its offshore Namibia blocks and its anticipated award of four exploration applications offshore Italy.
29 Apr 16
Circle Oil announces reserves and contingent resources update
AIM-listed Circle Oil has announced the results of the Company's 2015 year-end reserves and resources assessment of its assets in Egypt and Morocco.
29 Apr 16
GoM: McDermott completes Otis subsea tieback for LLOG Exploration offshore Gulf of Mexico
McDermott International has successfully completed the installation scope associated with the Otis development in the Gulf of Mexico on behalf of LLOG Exploration Offshore.
29 Apr 16
Namibia: Eco Atlantic receives government approval to enter next exploration phase on Namibian licences
Eco Atlantic Oil & Gas has requested and received various approvals from the Namibia Ministry of Mines and Energy relating to the Cooper (PEL 030), Guy (PEL 034) and Sharon (PEL 033) licences offshore Namibia.



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