EGYPT: Eni awarded five Additional Exploration Licenses

Eni has been awarded five new exploration licenses by the Egyptian Ministry of Petroleum. The licenses, four of which as Operator, are in the Egyptian offshore and onshore, and follow … Read More

EGYPT: SDX Energy Commencement of Oil Production At Msd-21 Well, West Gharib Concession

SDX Energy has announced the commencement of oil production at the MSD-21 infill development well on the Meseda field in its West Gharib concession, Egypt. MSD-21, which encountered the primary … Read More

Time for an African Funded Energy Bank to Finance Exploration & Development

By NJ Ayuk, Executive Chairman, African Energy Chamber For more than a year, the African Energy Chamber has been pushing back against steadily building pressure to halt new foreign investments … Read More

EGYPT: Dana Gas Receives Lowest Payment Since Commencing Cperations

Dana Gas has received a payment of $39 million from the Egyptian Government in December, reducing the Company’s receivables from the North African state below $30 million, to its lowest … Read More

MOROCCO: Sound Energy Announces Phase 1 Development Loan Note Financing and LNG Sale & Purchase Agreement

Sound Energy, the energy transition company, is delighted to announce the entry of binding conditional agreements in respect of a US$18 million Phase 1 Tendrara LNG Development loan note financing … Read More