Aegean takes control of Egyptian offshore license

AEGEAN ENERGY HAS acquired 100% of the East Magawish block concession in the Gulf of Suez from Thani Egypt East Magawish.

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Dana planning further wells in Gulf of Suez

UK INDEPENDANT DANA Petroleum plans to drill an exploration well this year in the South October concession in the eastern Gulf of Suez offshore Egypt.

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Enel pairs with Egypt on exploration

Enel and Egypt's Ministry of Petroleum signed a memorandum of understanding on oil and gas exploration in Egypt where Italy's biggest utility aims to boost resource supplies.

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Sinopec steps into overseas upstream segment

SINOPEC HAS INKED a deal to acquire a stake in Block 18, in Angola, from its parachute company, China Petrochemical Corporation.

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Tullow Oil thinks big as Africa plans take shape

TULLOW OIL IS on track to pump first oil from the Jubilee development off Ghana, in the fourth quarter of the year, with company boss Aidan Heavey saying it expects to get the nod for its purchase of Heritage Oil's Ugandan assets in the next few weeks.

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