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Lekoil Raises $97 Mln to Fund Offshore Exploration in Nigeria

Lekoil, the oil and gas exploration and development company with a focus on Nigeria and West Africa, announces, ...

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New Bank to Fund Shipping and Offshore Industry Firms

An experienced team of shipping, offshore and finance professionals  has announced the intention to establish ...

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Chevron Technology Ventures Launches $90 Mln Fund

Chevron Technology Ventures LLC (CTV) has announced it has launched CTV Fund V, a $90 million venture capital fund ...

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Oil Companies Fund Subsea Education (Norway)

Oil Companies Fund Subsea Education (Norway)

Plans to establish a bachelor study in underwater technology engineering in Florø from the autumn of 2013 have ...

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UK: AI Partners, Red7Marine Launch Unique Shipping Fund

London-based investment advisory firm Archipelago Investment Partners (AI Partners) has teamed up with Red7Marine, ...

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UK: Innovation Fund for Oil and Gas Launched

Energy Minister Fergus Ewing invited applications for funding from a £10 million fund to support innovation in the ...

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Xcite Energy Secures Loan to Fund Bentley Field ...

Xcite Energy Secures Loan to Fund Bentley Field Development (UK)

Xcite Energy yesterday closed on the issue of US$10 million of unsecured Loan Notes to a fund managed by West Face ...

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BG Group to Fund Australia and Brazil Projects with ...

BG Group to Fund Australia and Brazil Projects with New USD 1.57 Bln

BG Group today issued hybrid bonds totalling US$1.57 billion, another step in the execution of its approved funding ...

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ConocoPhillips: Bohai Bay Fund will Compensate for Peng ...

ConocoPhillips: Bohai Bay Fund will Compensate for Spill Damages (China)

ConocoPhillips today provided further details about the compensation and environmental funds that have been ...

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China: ConocoPhillips Creates Another Bohai Bay Oil ...

ConocoPhillips today announced that its Board of Directors approved the creation of a second fund and will work ...

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China: ConocoPhillips to Create Bohai Bay Oil Spill Fund

ConocoPhillips announced today that it will establish a fund related to the incidents at the Peng Lai 19-3 field in ...

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USA: Obama Requests $358.4 mln to Fund BOEMRE in 2012

President Barack Obama today announced his request for $358.4 million to fund the Bureau of Ocean Energy ...

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Camac Energy Raises $20.5 Million to Fund Oyo Field ...

CAMAC Energy Inc., a U.S.-based energy company engaged in the exploration, development and production of oil and ...

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USA: BP to Establish $100 million Fund to Support ...

BP announced that it will establish a $100 million charitable fund to support unemployed rig workers experiencing ...

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Norway: HitecVision Announces New $420 M Fund for ...

HitecVision, Europe’s largest equity investor focusing exclusively on the oil and gas industry, announced today ...

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India: Aban Offshore Board to Discuss Fund Raising

Aban Offshore today said it would consider raising funds by selling shares in the domestic as well as international ...

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