The Chairman of the Board of Directors of the National Oil Corporation (NOC), Mr. Mustafa Sanalla was recently met with the Vice President of Halliburton for the Middle East and North Africa, Mr. Sid White, and the Regional Manager of the company, Mr. Colby Fuser, and the General Manager of the company’s branch in Libya, […]
The Libya Energy & Economic Summit 2021 has come and gone The event which represented the first large-scale international event to take place in Libya in over a decade, featured a presentation by Eni’s Natural Resources General Director and COO, Alessandro Puliti, who highlighted the company’s efforts in exploring new frontier areas within Libya’s energy […]
It is now Five years after the United Nations Climate Conference (COP) was held in Marrakech, Morocco;Africa will once again host the global climate meeting in 2022. The 27th COP will be held in the seaside city of Sharm el-Sheikh on the Red Sea, in Egypt. A choice due to the fact that Egypt was […]
United Oil & Gas has announced the spudding of the Al Jahraa-13 development well in the Abu Sennanlicence, onshore Egypt. Highlights Drilling of the AJ-13 development well, which will target stacked Upper and Lower Bahariya reservoir targets, has commenced The well will take approximately 65 days to drill and complete and is fully funded from […]
Pharos Energyan independent oil and gas exploration and production companyhas announced that the Egyptian Cabinet approval of the Third Amendment of its El Fayum Concession Agreement. The approved terms, already announced on 30 March 2021, include both an increase of the cost recovery petroleum percentage and an extension of the exploration term of three and […]
Zenith Energy has announced that the workover of the Robbana–1 well, located within the Robbanaconcession in Tunisia has been successfully completed. This is sequel to the announcement made on October 12, 2021, prior to the commencement ofworkover operations by Zenith. ROB-1 had not undergone any form of work since 2012, at which time an unsuccessful well intervention had […]
Longboat Energy, the emerging full-cycle North Sea E&P company with a portfolio of significant, near term, low-risk exploration assets, has disclosed the company’s optimism in discovering oil at the Egyptian Vulture exploration well PL939 (Company 15%), the second well in its fully-funded, seven well exploration programme. The exploration well 6407/1-9 in the Norwegian Sea encountered […]
United Oil & Gas through its recent operations update has reviewed that the company has started production on the ASX-1X well in the Abu Sennan licence, onshore Egypt. ASX-1X Well The ASX-1X well which is located 7km to the north of the producing Al Jahraa Field has safely reached a Total Depth of 4,272m, several […]
Dana Gas PJSC, the Middle East’s largest regional private sector natural gas company announces that its 9M 2021 collections from the Kurdistan Region of Iraq (KRI) and Egypt have increased 102% year-on-year to $256 million (AED 938mm) from $127 million (AED 466mm) in the same period the previous year. Dana Gas, which owns a 35% […]
Shell Egypt N.V. and Shell Austria GmbH, subsidiaries of Royal Dutch Shell, PLC, have completed the sale of their upstream assets in Egypt’s Western Desert to a consortium made up of subsidiaries of Cheiron Petroleum Corporation and Cairn Energy PLC for a base consideration of US$ 646 million and additional payments of up to US$ […]