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BP gets USD 5bn loan

London, United Kingdom. The world's global energy company, BP, will receive two long-term loans at the amount of 5 billion USD from Royal Bank of Scotland, Societe Generale, BNP Paribas and Standard Chartered banks.

Rockhopper Exploration announces results for the year ended 31 March 2010

London, United Kingdom. Rockhopper Exploration, the North Falkland Basin oil and gas exploration company, has announced its preliminary results for the period ended 31 March 2010.

Gas field found in North Sea

United Kingdom. Oil firm Dana Petroleum has announced a "significant" gas discovery at a well in the UK North Sea. The Aberdeen-based firm said the find, which was in line with pre-drill estimates of approximately 130 billion cubic feet of gas, bodes well for further exploration in the region.

Wood Group awarded extension to contract by Total

United Kingdom. Wood Group has been awarded a three-year extension to its existing contract, plus two optional years, by Total E&P UK Ltd.

Dragon Oil rejects Bermuda move

Ireland. Dragon Oil will not proceed with a proposed corporate restructuring to move its headquarters to Bermuda, the company stated in a news release.

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