Dana Gas Wins Arbitration on Sale of Egypt Assets
Dana Gas has received an award in its favour from the London Court of Arbitration (LCIA). on the arbitration initiated on 28 April 2021 by IPR Wastani Petroleum Ltd. a … Read More
Tag: Egypt
EGYPT: United Oil & Gas Provides H1 2021 Operational Update
Operational Highlights: · Q2/21 Group working interest production averaged 2,937 boepd, yielding a H1/21 average of 2,730 boepd, ahead of H1 guidance of 2,300 to 2,500 boepd and in line with full-year guidance … Read More
United Oil & Gas Completes Drilling of the Al Jahraa-8 Development Well
Highlights from AJ-8 Well: Initial interpretations indicate a total of over 40m MD of net oil pay encountered cumulatively across three different reservoir units in a sidetrack (AJ-8ST1), after the … Read More
Africa leads global refinery VDU capacity additions by 2025 – GlobalData
Africa is expected to register the highest refinery vacuum distillation units (VDU) capacity additions globally during 2021 to 2025, contributing around 33% of the total capacity additions by 2025, says … Read More
SDX Energy Commences Drilling Operations in South Disouq & Spudding of IY-2 Well
SDX Energy has announced the commencement of the South Disouq drilling campaign, which will comprise two wells over the next few months. South Disouq Drilling Campaign: The upcoming drilling campaign … Read More
MOROCCO: SDX Energy Successfully Completes the 1st Phase of Drilling Operations
SDX Energy has announced the successful completion of the initial three well phase of its 2021 drilling campaign in Morocco, which will comprise up to a total of five wells … Read More
EGYPT: Eni Merges Meleiha & Meleiha Deep into the Merged Meleiha Concession
Eni has signed an agreement with the Arab Republic of Egypt, the Egyptian General Petroleum Corporation (EGPC) and Lukoil for the merger of the concessions of Meleiha and Meleiha Deep, … Read More
Middle East and Africa’s Oil & Gas Industry Saw a Drop in Deal Activity in Q1 2021
Led by $2.59bn asset transaction with BP Exploration (Epsilon), Middle East and Africa’s oil & gas industry saw a drop of 32.92% in deal activity during Q1 2021, when compared … Read More
EGYPT: PGS Provides MultiClient Seismic Data for offshore Egypt in 2021 licensing round
PGS has 3 400 km of modern MultiClient seismic data covering all the blocks on offer in the Egypt Offshore Licensing Round. This much-anticipated round extends exploration opportunities in one … Read More
EGYPT: TransGlobe Energy Provides Q1 2021 Financial & Operating Results
In Egypt, the Company sold 171.9 thousand barrels of entitlement crude oil to EGPC during the quarter, and had 455.7 Mbbls of entitlement crude oil inventory at March 31, 2021. … Read More