Circle Oil Plc, the international oil and gas exploration, development and production company, is pleased to announce the following update regarding the Geyad-5X water injection well drilled to support production in the Geyad Field.
Jordan will sign an agreement with Egypt next month to resume natural gas supplies, the Associated Press reported, quoting Minister of Energy and Mineral Resources Khaled Toukan.
Private equity firm Citadel Capital won a contract from Iraq's government to build an oil refinery in the country with capacity of 150,000 tonnes per day, the company said on Thursday.
Premier Oil is still awaiting ratification from the Egyptian authorities for the award of the South Darag block in the northern Gulf of Suez. The award process is delayed until after Egypt's parliamentary elections, scheduled for later this year.
Qarun Petroleum Co., an Egyptian company partly owned by Apache Corp., will drill eight development wells in the Fayum concession southwest of Cairo in the fiscal year ending June 2012, the Oil Ministry said.