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Sound Energy Spuds Second Tendrara Appraisal Well in Morocco
Friday, August 26, 2016 Mediterranean-focused upstream oil and gas company Sound Energy spuds the second appraisal well at Tendrara, onshore Morocco.
OPEC Meeting Won't Result in Production Freeze, Cut
Thursday, August 25, 2016 OPEC's informal September meeting in Algeria won't result in a production freeze or a production cut, says global investment banking firm Jefferies.
SDX CEO: Egypt Oil, Gas Sector Set to Grow Within Next 5 Years
Wednesday, August 24, 2016 Egypt's oil and gas industry is set to grow within the next five years, bringing with it increased production and more jobs, SDX CEO Paul Welch says.
SDX Energy 'Well Placed' to Drill South Disouq Well
Wednesday, August 24, 2016 SDX Energy Inc. is well placed to maximize the potential of its South Disouq asset in Egypt, says the company's president and CEO Paul Welch.
Algeria's Hassi Bir Rekaiz Project JV to Submit Development Plan in 2017
Wednesday, August 17, 2016 Thailand's PTTEP and joint venture partners intend to submit development plan for the onshore Hassi Bir Rekaiz Project in eastern Algeria to the authorities in early 2017.
Western Countries Concerned By Tension Around Libya's Zueitina Oil Terminal
Wednesday, August 10, 2016 Western countries including the United States, France and Britain said in a joint statement on Wednesday they were concerned by mounting tension around the Zueitina oil terminal in Libya.
Egypt Government Approves Five Oil And Gas Exploration Deals
Wednesday, August 10, 2016 Egypt's government approves five oil and gas drilling and exploration agreements with foreign companies, Petroleum Minister Tarek El Molla says.
Sound Hits Significant Gas Discovery at Tendrara License, Morocco
Monday, August 08, 2016 Sound Energy plc makes a "significant gas discovery" at the Tendrara license, onshore Morocco.
Circle Oil Suffers Temporary Production Dip in Morocco Due to Earthquake
Monday, August 08, 2016 Circle Oil suffers a temporary reduction in gas production rates in Morocco due to a recent earthquake near the town of Kenitra.
Egypt Studies 8 State-Owned Oil Companies for IPO or Share-Issuance
Tuesday, August 02, 2016 Egypt's Ministry of Investment will assess 8 state-owned petroleum companies for their suitability for a possible listing on the Egyptian Stock Exchange or share issuances.