MOROCCO: Sound Energy Provides Phase 2 Development Financing & Launch of Tendrara Farm-Out Process

Phase 2 Development Financing and Farm-Out Update  As announced on 23 June 2022, the Company mandated Attijariwafa bank, a Moroccan multinational bank and one of the leading banks in Morocco, … Read More

ALGERIA: Petrofac Consortium Awarded EPCC Contract with Sonatrach for the Tinrhert EPC2 Development Project

Petrofac, leading a consortium with Genie Civil et Batiment (GCB), has received notification of a provisional award for an engineering, procurement and construction contract with Sonatrach for the Tinrhert EPC2 … Read More

ALGERIA: Eni announces another discovery in the Berkine North onshore basin

Eni and SONATRACH announce today a further discovery in Sif Fatima II concession, located in the Berkine North Basin in the Algerian desert. The Rhourde Oulad Djemaa Ouest-1 (RODW-1) exploration … Read More

EGYPT: Baker Hughes, Petrosafe Sign Contract to Help Reduce Emissions from Oil and Gas Flaring

Baker Hughes and Petrosafe, a subsidiary of the Egyptian General Petroleum Corporation (EGPC), announced a contract that will mark the first deployment of Baker Hughes’ flare.IQ technology in refinery operations in … Read More