Oil and Gas

Energean seeks to acquire Edison for $750 MM

Sat, 06 Jul 2019 - 03:08 GMT

The Mediterranean-focused oil and gas producer Energean has announced entering into a conditional sale and purchase agreement to acquire Edison Exploration & Production S.p.A. (“Edison E&P”) for US$750 million.

Egypt to witness boom in oil, gas industry: APACHE CEO

Fri, 23 Mar 2018 - 08:03 GMT

International oil and gas company APACHE plans to drill 50 wells in Egypt through the national companies Khaleda and Qaroun.

The origins of the Iraqi Kurdistan conflict: Oil revenue autonomy

Thu, 19 Oct 2017 - 03:24 GMT

The development of the conflict between the Iraqi central government and the KRG gives little room to understanding the origin of the dispute.

Egypt’s oil & gas sector acquires majority of FDI: report

Mon, 21 Aug 2017 - 09:45 GMT

The United Kingdom, the United States and Belgium are the largest foreign investors, Renaissance Capital said.

Zohr field is now 80% complete: Eni

Tue, 01 Aug 2017 - 03:57 GMT

: Development works of Egypt’s “super giant” natural gas field, Zohr, is now 80 percent complete, CEO of Eni Claudio Descalzi said Tuesday.

Dana Gas receives additional $20M debt repayment from Egypt

Sun, 21 May 2017 - 04:25 GMT

The UAE-based Dana gas announced Sunday it received a further $20 million as another partial payment of its outstanding receivables.