Arrow Energy inks PSC for Dajing block in China
May 31, 2010
Arrow Energy Limited says that its subsidiary, Arrow Energy (Dajing) Pte Ltd (Arrow Dajing) has signed a 30 year Production Sharing Contract (PSC) for the

Knowledge Reservoir and GreyStar to jointly develop O&G producing assets
May 31, 2010
Knowledge Reservoir and GreyStar Corporation, Inc., have signed an agreement to cooperate in the management, development and operation of oil and gas producing assets.

Scorpion Offshore gets LOA for Offshore Vigilant
May 26, 2010
Scorpion International Ltd., a wholly-owned subsidiary of Scorpion Offshore Ltd., received a letter of agreement (LOA) from two European Majors for the use

Stuart Petroleum gets exploration license
May 24, 2010
Stuart Petroleum advised that the Mineral Resources Minister for South Australia, the Hon Paul Holloway has announced the grant of Petroleum Exploration License

Rosneft and Crescent Petroleum sign strategic cooperation agreement
May 20, 2010
Rosneft reports the signing of a Strategic Cooperation Agreement with Crescent Petroleum, the Middle East's longest established private petroleum company.

Tullow Oil acquires new deepwater licence in Suriname
May 18, 2010
Tullow Oil has signed a Heads of Agreement with Staatsolie in relation to Block 47, a 2,369 sq km deepwater exploration licence offshore Suriname.

NPD issues drilling permit for wellbore 15/9-24 in production licence 408
May 17, 2010
The Norwegian Petroleum Directorate (NPD) has issued Det norske oljeselskap ASA a drilling permit for wellbore 15/9-24, cf. Section 8 of the Resource Management

Leni secures crude oil sales agreement with BP
May 7, 2010
Leni Gas & Oil has completed a heads of agreement with BP's Spanish unit to negotiate a crude oil sales agreement to offtake its current and future Spain

Maersk extends GE Oil & Gas frame agreement for North Sea projects
May 5, 2010
GE Oil & Gas has signed a new frame agreement with Maersk Oil North Sea UK Limited.

Altra Energy secures FEED contract for Apache's Forties field
Apr 30, 2010
Altra Energy received a FEED contract for the new satellite production platform for Apache's Forties field.

Petrofac awarded US$600 million contract by Qatar Petroleum
Mar 30, 2010
Petrofac has been awarded a contract worth more than US$600 million for a gas sweetening facilities project in Qatar's Messaieed and Dukhan industrial districts

Statoil strengthens US shale gas position
Mar 29, 2010
Statoil has signed an agreement with Chesapeake which will add approximately 59000 net acres to Statoil's current 600000 net acre positions in the Marcellus Shale.

Hyperdynamics gets 2nd MOU extension from Guinea Govt
Mar 22, 2010
Hyperdynamics Corporation has agreed in writing with the government of the Republic of Guinea to extend for an additional five working days their

Perenco Cameroon signs PSC with Cameroon
Mar 18, 2010
Perenco S.A.'s Chairman and the Executive General Manager of the National Hydrocarbons Corporation (NHC) signed a Production Sharing Contract for oil

Noreco becomes owner and operator in the Barents Sea
Mar 18, 2010
Norwegian Energy Company ASA (Noreco) has become a 50% owner and operator for the licence PL396 in the Barents Sea.

MMS Director Liz Birnbaum to open Central Gulf of Mexico Lease Sale 213
Mar 16, 2010
The Director of Minerals Management Service, Liz Birnbaum, will participate in the Central Gulf of Mexico Lease Sale 213 in New Orleans on March 17.

Bengal Energy gets exploration license in India
Mar 15, 2010
Bengal Energy says that the Government of the State of Tamil Nadu has granted a formal Petroleum

RWE Group signs MoU for exploration activities in Azerbaijan
Mar 12, 2010
The RWE Group and the State Oil Company of the Republic of Azerbaijan (SOCAR) have signed a memorandum of understanding

West Don Field partners complete UK North Sea export route
Mar 10, 2010
Pipeline export for the West Don Field via Lundin's Thistle platform into the Brent Pipeline System for delivery at Sullom Voe terminal

Alamo Energy to become exploration operator in UK on four onshore blocks
Mar 8, 2010
Alamo Energy Corp., an independent company focused on the exploration, development and production of onshore oil and gas reserves

Statoil submits Gudrun plan to the authoritie
Feb 25, 2010
On February 23, the plan for development and operation (PDO) of the North Sea Gudrun field was submitted to the Ministry of Petroleum and Energy for approval.

Cobalt executes RSAs for blocks 9 and 21 offshore Angola
Feb 25, 2010
Cobalt has executed Risk Services Agreements for Blocks 9 and 21 offshore Angola with the national oil company of Angola, Sociedade Nacional de Combustíveis

Sevan secures study contract for Luno project in Norwegian Sea
Feb 24, 2010
Lundin Norway AS has awarded Sevan Marine ASA a study of the potential application of a Sevan production unit for the Luno field development in the Norwegian

InterOil signs Altair license agreement in Colombia
Feb 24, 2010
InterOil advises that 10% of their Altair license in the Llanos Basin, Colombia has been traded against the drilling of two firm wells in 2010 and two conditional