TotalEnergies and SONATRACH commitment to rally gas supply to Europe has garnered momentum owing to the recent signing of a new Memorandum of Understanding with the aim of concluding a hydrocarbon contract in the north-east Timimoun region, under the aegis of Law n°19-13 governing hydrocarbon activities. This Memorandum of Understanding outlines the realization of a […]

SDX Energy has disclosed that it has executed a binding sale and purchase agreement (SPA) for the disposal of the Company’s West Gharib interests in Egypt. The Company also continues to progress the binding documentation for the sale of its South Disouq assets. The Company is focused on delivering shareholder value by focusing its efforts on […]

United Oil & Gas the oil and gas company with a high impact exploration asset in Jamaica and a development asset in the UK has disclosed an update in relation to Egyptian receivables. United has received a payment from Egyptian General Petroleum Corporation (EGPC) for USD $1 million. These funds will be used to extinguish the debt and leave the Company debt […]

Chariot Limited the Africa focused transitional energy group, has announced receipt of all necessary Moroccan governmental and regulatory approvals as the company sealed Partnership Agreements with Energean plc group as  previously disclosed on 7 December 2023. Based on the aboved sealed partnership agreement, Energean is now holds 45% and 37.5% of the respective interests in, […]

SDX Energy has disclosed that it has commenced drilling the Beni Malek-2 well (BMK-2) in the Rharb Basin, Morocco, approximately 1.5km from the BMK-1 discovery well. The BMK-2 well will be drilled to a planned depth of approximately 1,470 metres and is targeting three stacked reservoirs in the Guebbas formation, which have been identified using 3D seismic. […]

Encouraging imaging in the pre-Messinian section is already apparent in this pseudo relief image from the early-out KPSDM full stack volume through Merneith & Luxor MC3D.The 6 175 sq. km EGY23 Merneith & Luxor survey draws on the expertise of our partners the Egyptian Natural Gas Holding Company (EGAS) and was acquired by leveraging the […]

TAG Oil  has announced a significant milestone in its ongoing exploration and development efforts within the Badr Oil Field (BED-1) with the successful completion of the drilling phase for the BED4-T100 (T100) horizontal well in the Abu Roash “F” limestone formation (ARF). The well has penetrated an over-pressured reservoir with regions of exceptional porosity and permeability. […]

TAG Oil  has announced a significant milestone in its ongoing exploration and development efforts within the Badr Oil Field (BED-1) with the successful completion of the drilling phase for the BED4-T100 (T100) horizontal well in the Abu Roash “F” limestone formation (ARF). The well has penetrated an over-pressured reservoir with regions of exceptional porosity and […]

Shelf Drilling has announced that it has secured a two-year contract extension for the Rig 141 jack-up rig in direct continuation of its current term with Gemsa Petroleum Company for operations in the Gulf of Suez offshore Egypt. The total estimated value for the contract extension is approximately USD 51 million. One year of the […]

TAG Oil has provided the following update on drilling progress of the BED4-T100 (“T100”) horizontal well in the Badr Oil Field (“BED-1”) in the Western Desert of Egypt. Sequel to the Company’s last update on January 3, 2024 Tag-oil-drills-on-bed4-t100-horizontal-well-in-egypt, the Company has since completed re-drilling from the intermediate cased section of the T100 well in […]