Apex International Energy has acquired interests in four concessions in the Western Desert oil producing region of Egypt from IEOC Production B.V. (IEOC), a unit of Eni S.p.A. Two additional concessions will be acquired by Apex after parliamentary approval of extensions, which is expected in the first quarter of 2023. Pursuant to the sale and […]
Snam has sealed acquisition deal of a 49.9% of the equity interest directly and indirectly held by Eni in the companies operating two groups of international gas pipelines connecting Algeria to Italy. More specifically, the scope of the transaction includes the onshore gas pipelines running from the Algeria and Tunisia borders to the Tunisian coast (TTPC), […]
United Oil & Gas the full-cycle oil and gas company with a portfolio of production, development, exploration and appraisal assets announces the completion of drilling operations on the ASW-1X exploration well in the Abu Sennan licence, onshore Egypt. United holds a 22% non-operating interest in the Abu Sennan licence, which is operated by Kuwait Energy Egypt (“KEE”). The […]
Egypt through her Petroleum Minister, Tariq al-Mulla, has disclosed the country discovery of a new gas field in the Mediterranean Sea. The discovery of this colossal gas field is still undergoing evaluation stages to estimate the volume. The name of the new gas field “Narges” is sequel to the discovery of Zohr gas field by Eni […]
TAG Oil has provided the company’s latest operational update as it initiates Phase 1 of strategic development program of the unconventional Abu Roash “F” (“ARF”) reservoir in the Badr Oil Field (“BED-1”) over the first half of 2023, These strategic initiatives comprise the following as heighted below. First Well Re-Completion TAG Oil has chosen the […]
Serinus an international upstream oil and gas exploration and production with operational focus in Tunisia has given update that the CTF-04 rig has completed rig-up and is preparing to commence operations. This operation will install the first submersible pump into the Sabria W-1 well as part of the Company’s Artificial Lift programme for the Sabria […]
Petrofac reports that their client, Sonatrach, has announced the completion of production start-up of the Tinrhert to Ohanet gas field in Algeria. Petrofac’s scope of work has included a new inlet separation and compression centre, extending the existing Central Processing Facility which we were involved in delivering in 2002. The commissioning completion of the surface […]
Predator Oil & Gas, the Jersey based Oil and Gas Company with near-term gas operations focused on Morocco has disclosed progress towards the commencement of drilling of the high impact/high reward MOU-2 well in Guercif onshore northern Morocco. Initial mobilisation of the Star Valley Rig 101 equipment to the MOU-2 drilling location has commenced and […]
Savannah has entered into a Share Purchase Agreement with PETRONAS International Corporation to acquire PETRONAS’ entire oil and gas business in South Sudan through the acquisition of Petronas Carigali Nile Limited (PCNL), for a total cash consideration of up to US$1.25 billion, subject to certain completion adjustments. The Transaction Consideration is expected to be financed […]
Chariot Limited, the Africa focused transitional energy group, has announced that along with its partner the Office National des Hydrocarbures et des Mines (ONHYM), it has agreed key principles for long term gas sales from the Anchois Gas Project with the Office National de l’Electricité et de l’Eau Potable (ONEE). Anchois is located within the Lixus Offshore […]