UNICO to Acquire Rockhopper Egypt for $16 MM
United Oil and Gas Company (UNICO) declared its proposal to acquire Rockhopper Exploration Egypt for $16 million.
United Oil and Gas Company (UNICO) declared its proposal to acquire Rockhopper Exploration Egypt for $16 million.
Eni announced that production from South West Meleiha development lease has started. In addition, two near oil fields have been discovered in the Meleiha development lease in Western Desert.
Belayim Petroleum Company (Petrobel) announced that it has achieved a new natural gas discovery in the Nile Delta concession area.
Wintershall Dea strengthens its commitment to Egypt as Mario Mehren, CEO of Wintershall Dea, visits the country for the first time and meets with prominent government officials and industry leaders to discuss further cooperation.
Al Manar Group's factory in the 6th of October City has reached a production capacity of about 5,500 tons a year.
Ganoub El Wadi Petroleum Holding Company has moved the deadline for receiving offers for its international bid for oil and gas exploration in the Red Sea from August to September to allow more companies to submit their offers.
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Under the patronage of H.E Eng. Tarek El Molla, and the Embassy of the Federal Republic of Germany, Wintershall Dea has held a Gala Dinner event at Salah Eldin Citadel on July 21, among a group of high-level attendees, to celebrate the successful merger, that has resulted in forming the largest European independent oil and gas company.
The Ministry of Petroleum and Halliburton have signed an agreement for cooperation in training the sector's young calibers, in line with the Sector Modernization Project's HR Management Pillar.
The New Urban Communities Authority (NUCA) has signed a memorandum of understanding (MoU) with FAS Energy Company to establish a waste-to-energy (WtE) station.