Investors want SDX’s Egypt assets:UK-based, Egypt-focused SDX Energy’s board is currently looking into the multiple offers it has received for its Egyptian assets, it said last week, without providing any details. “The company will be providing further details in due course,” the announcement said.

SDX in Egypt: SDX has a 55% working interest in two gas fields and a 100% working interest in a third field at the South Disouq concession in Egypt’s Nile Delta. It also holds a 50% working interest in two blocks in the West Gharib concession in the Eastern Desert, according to its website.

AND- Oil majors meet the ministry: Oil Minister Tarek El Molla met with representatives from energy players Chevron, BP, Baker Hughes, and Capital Drilling during a trip to London last week. El Molla and the company representatives looked at potential cooperation on exploration and reducing emissions. He also met with representatives from BNY Mellon to discuss financing carbon reduction projects.

Tags: