Panhandle Oil and Gas Inc. reports that Ben Spriestersbach, vice president, Land, will retire from the company on Oct. 31.
Oando Energy Resources Inc. reports the conversion to equity of principal and interest in the amount of US$98 million, outstanding under the US$ 1.2 billion facility agreement dated Feb. 10 with Oando Plc.
Oman's Renaissance Services says that its unit Topaz Energy and Marine has secured a $75 million investment from Standard Chartered Private Equity (SCPE), according to Reuters.
Libya's acting oil minister Omar Shakmak will resign and will be replaced by the chairman of the state oil firm National Oil Corp. (NOC), Mustafa Sanallah, according to a Reuters report.
Vaquero Midstream LLC has received a substantial equity commitment from Yorktown Energy Partners LLC. Vaquero offers customers a full suite of integrated crude oil and natural gas midstream services, including gathering, treating, processing, compression, liquids handling, and transmission.
Norway will award oil and gas licenses in new offshore areas, including in an important Arctic zone bordering Russia, in the first half of 2016, according to a Reuters report.
AziLat Ltd., a South America-focused oil and gas exploration company, has signed a farm-in agreement with Chariot Brasil PetrÃ³leo e GÃ¡s Ltda., a wholly owned subsidiary of Chariot Oil & Gas Ltd. to blocks BAR-M-292, BAR-M-293, BAR-M-313, and BAR-M-314 in the Barreirinhas Basin, offshore...
SM Energy Co. reports that Ramiro G. Peru has been appointed to serve as a director of the company, effective Aug. 20. Peru will serve as an independent director and as a member of the Compensation Committee of the board of directors.
BP has named David Lawler as CEO of its US Lower 48 Onshore business.