Regional News: Mediterranean/N. Africa
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Rig Secured for Malta Area 4 Drill
Thursday, May 23, 2013 Mediterranean Oil & Gas says its partner in Malta Area 4, Genel, has secured the Paul Romano rig to drill an exploration well later this year.
Oceaneering Bags Saipem Gig Offshore Egypt
Monday, May 20, 2013 Oceaneering International secures a contract from Saipem to supply umbilicals for the Burullus West Delta Deep Marine Phase IXa development.
Egypt Appoints New Chief of State Oil Firm
Monday, May 20, 2013 Egypt appoints Tarek El-Barkatawy as Chief Executive of Egyptian General Petroleum Corporation.
Petroceltic to Farm Out More of Isarene
Friday, May 17, 2013 Petroceltic says it is closer to farming out a further 18.375-percent interest in its Isarene Permit that contains the Ain Tsila, onshore Algeria.
BP Withdraws Staff from Libya
Monday, May 13, 2013 BP withdraws staff from Libya as a "precautionary measure" after receiving advice from the Foreign Office.
ENI Expects Libya Unrest to Continue
Friday, May 10, 2013 ENI Chief Executive Paolo Scaroni says he expects unrest to remain in Libya following the 2011 civil war, but that he’s optimistic the situation will improve.
Algeria's El Merk Complex Starts Oil Production After Security Boost
Tuesday, May 07, 2013 El Merk oil complex in Algeria's Sahara, in a rare piece of positive news for the country's hydrocarbons sector after a January terrorist attack.
Egypt To Adopt New Oil, Gas Licensing Policy
Tuesday, April 30, 2013 Egypt will adopt a new licensing policy for its future exploration contracts signed with foreign companies that will allow it to obtain a bigger share of the production, Oil Minister Osama Kamal says.
Sudan, South Sudan Start Talks Over Former National Oil Company Assets
Monday, April 29, 2013 Oil producing Sudan and newly independent South Sudan start talks aimed at resolving a dispute over the sharing of assets belonging to former national oil company Sudapet, said officials.