VAALCO Energy to acquire Sasol Gabon SA’s working interest in Etame field
VAALCO Energy Inc has announced that it will now move forward with acquiring Sasol Gabon SA’s entire working interest in the Etame Marin block offshore Gabon
E&P
United Oil & Gas announces spudding of the ASH-3 development well in Egypt
United Oil & Gas PLC, the growing oil and gas company with a portfolio of production, development, exploration and appraisal assets, has announced the spudding of the ASH-3 well in the Abu Sennan Licence, Egypt
Global oil and gas processing seals market to see positive growth
The oil and gas processing seals market by revenue is expected to grow at a CAGR of more than 2% from 2020-2025, according to a report by ResearchAndMarkets
International consortium signs exploration agreement for the North Ras Kanayis Offshore block
An international consortium led by Total, as operator, and the Egyptian Natural Gas Holding Company (EGAS) have signed an exploration and production agreement for the North Ras Kanayis Offshore block located in the Herodotus Basin, off the coast of Egypt
Oil prices rises on expectations that OPEC+ may keep output stable in February
Oil prices started the week positively on expectations that OPEC+ will keep output levels unchanged in February and as Chinese oil demand is recording a weather-related uptick
