Egypt Approves Extending SDX’s PSA of West Ghairb to 2031

• Sunday, 7th March 2021
• by Fatma Ahmed

SDX company announced that it has received the final approval from the Egyptian authorities to extend its Production Services Agreement (PSA) for oil production from Meseda and Rabul oil fields in West Gharib concessi...

Petrobras to Sell RLAM Refinery to UEA’s Mubadala for $1.65 B

• Tuesday, 9th February 2021
• by Fatma Ahmed

Petrobras announced that it will sell its Landulpho Alves Refinery (RLAM) to the United Arab Emirates (UAE)’s Mubadala Capital Company as it presented the best offer in an amount of $1.65 billion, according to a press...

Premier Oil’s Shareholders Approve Merger with Chrysaor

• Wednesday, 13th January 2021
• by Fatma Ahmed

Premier Oil company announced that its shareholders has approved the merging transaction with Chrysaor and the reorganization of Premier’s existing debts and cross currency swaps during the company’s general meeting, ...

Cabinet Approves Three E&P Agreements

• Thursday, 5th November 2020
• by Fatma Ahmed

The Egyptian Cabinet approved three draft laws for three exploration and production (E&P) agreements, according to a statement published on the Cabinet Facebook page. The first draft law is regarding an agreement ...