MOROCCO: SDX Energy Commencement Of Drilling Operations
SDX Energy has announced the commencement of the first, three well, phase of its 2021 drilling campaign in Morocco, which will comprise up to five wells over the year. Mark … Read More
Category: North Africa
In most cases, the term defines to the portion of the continent that is encompassed by the Red Sea to the East, the Suez Canal, and the Atlantic shores of Morocco to the West. The countries include Morocco, Algeria, Tunisia, Libya, and Egypt.
Dana Gas Terminates of Agreement for Sale of its Egyptian Assets
Dana Gas PJSC hasannounced the termination of its agreement for the sale of its Egyptian assets, announced on 25th October 2020. A number of conditions precedent to the transaction could … Read More
EGYPT: BP Starts Gas Production from third stage of West Nile Delta Development
BP today announced gas production from Raven field, the third stage of its major West Nile Delta (WND) development off the Mediterranean coast in Egypt. The approximately $9 billion WND … Read More
TUNISIA: Nostra Terra Inches Closer to Potential Portfolio Expansion
Nostra Terra has announced progress with the planned strategic expansion of its portfolio into Tunisia. Exclusive negotiations and preparations have taken place for a large block with existing discoveries, offering … Read More
ALGERIA: Sonatrach Seizes Sunny Hill Energy Gas Asset Over US$1 Billion Claim.
Sonatrach, Algeria’s national energy company, has terminated the contractual interest held by the U.K. company Sunny Hill Energy through its wholly owned subsidiary Petroceltic Ain Tsila in the Ain Tsila … Read More
Zenith Energy Makes Binding Offer To Acquire Oil Production & Development Assets in Tunisia
Zenith Energy has made a binding offer to wholly acquire a company holding a 100% interest in two hydrocarbons production and development concessions in Tunisia which has now been accepted. … Read More
EGYPT: United Oil and Gas Reports Material Upgrade to Abu Sennan Reserves
Highlights: · Independent reserves and resources report, relevant to end 2020, by Gaffney Cline & Associates indicates material increase in reserves at Abu Sennan: o 24% increase in Abu Sennan Gross 2P … Read More
Zenith Energy Awarded Extension of SPA for acquisition of SLK from KUFPEC
Zenith Energy Ltd. has announced that its wholly owned subsidiary Zenith Energy Netherlands B.V. has signed an extension agreement in respect of the conditional sale and purchase agreement (SPA) it signed … Read More
EGYPT: United Oil and Gas Makes Discovery at ASD-1X Well Abu Sennan Concession
Highlights: · Preliminary results suggest the ASD-1X exploration well encountered a total of at least 22m net oil pay interpreted across a number of reservoirs, including the Abu Roash C (AR-C), … Read More
Pharos Energy Receives Concession Agreement Amendment El Fayum area, Western Deser
Pharos is pleased to announce that it has received provisional approval from the Egyptian General Petroleum Corporation’s (EGPC) Main Board to an amendment of the fiscal terms of its El … Read More
