Cheiron Petroleum Corporation, Egypt’s one of the leading independent exploration and production company, has agreed to purchase 50% of Shell’s upstream oil and gas interests in the Western Desert
Exploration
Aminex provides operational update on Ruvuma PSA, onshore Tanzania
Aminex has completed the farm-out agreement with ARA Petroleum Tanzania Limited (APT) which has assumed operatorship of the Ruvuma PSA
Middle East and Africa’s oil and gas industry saw a rise of 6.45% in cross border deal
Led by Energean’s US$405mn acquisition of Energean Israel, Middle East and Africa’s oil and gas industry saw a rise of 6.45% in cross border deal activity during the Q4 2020, when compared to the last four-quarter average, according to GlobalData’s deals database
Oil and Gas sector welcomes merger of South Africa’s iGas, PetroSA and SFF
The South African Department of Mineral Resources and Energy (DMRE) has announced the merger of Central Energy Fund (CEF) subsidiaries iGas, PetroSA and the Strategic Fuel Fund (SFF)
United Oil & Gas announces spudding of ASD-1X exploration well
United Oil & Gas PLC has announced the spudding of the ASD-1X exploration well in the Kuwait Energy Egypt-operated Abu Sennan licence in Egypt, in which United holds a 22% working interest
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