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United Oil conditionally raises USD 6.3 mn for Rockhopper Egypt acquisition
M&A WATCH- United Oil conditionally raises USD 6.3 mn to partially fund Rockhopper Egypt acquisition: Irish energy company United Oil…
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BP, Eni to drill new natgas exploration wells
BP plans to drill two gas exploration wells in the Nooros and Atoll fields in 1Q2020, anEGAS source told Al…
Eni to bring third Baltim South West well online by the end of the year
Eni will link the third well in its Baltim South West field to the national grid by the end of…
UAE’s Dragon Oil to invest EGP 1 bn in newly acquired Gulf of Suez assets
INVESTMENT WATCH- UAE’s Dragon Oil to invest EGP 1 bn in newly acquired Gulf of Suez assets: Emirates National Oil…
United Oil & Gas’ acquisition of Rockhopper Egypt on track to close by 4Q2019
M&A WATCH- United Oil & Gas’ acquisition of Rockhopper Egypt “progressing well”: Rockhopper Exploration’s sale of its Egypt business to…
BP solar subsidiary Lightsource plans couple of 100 MW projects for Egypt
BP solar energy subsidiary Lightsource is planning “a couple” of 100 MW projects for Egypt as it eyes as much…
First Baltim South West natural gas well goes online with 100 mcf/d
The first of six wells in BP and Eni’s Baltim South West natural gas field has begun producing 100 mcf/d,…
Gupco to increase investments in Ras Shuqair
The Gulf of Suez Petroleum Company (Gupco) is planning to invest USD 1.2 bn over the next two years on…
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