DNO ASA, a Norway-based oil and gas exploration and production operator, has reached an agreement on the terms of a recommended all-cash acquisition to acquire Capricorn Energy plc, a UK-listed independent upstream en...
Genel Energy, a British oil and gas exploration and production company, is expanding into Egypt through a $360 million all-cash acquisition of Capricorn Energy, a strategic move aimed at diversifying beyond its disrup...
The Cabinet approved a petroleum concession agreement for the exploration, development, and exploitation in the Integrated Badr El-Din area in the Western Desert. The agreement involves the Egyptian General Petroleum ...
British companies, including BP, Shell, Harbour Energy, and Capricorn show increased interest in Egypt with an obvious commitment to inject substantial investments into is evident of the appeal of Egypt’s energy inves...
On the sidelines of his participation in the World Energies Summit and the London Energy Forum in the UK ,Karim Badawi, Minister of Petroleum and Mineral Resources, held a series of bilateral meetings with several int...
The Egyptian General Petroleum Corporation (EGPC) approved the consolidation of eight of Capricorn’s existing Egyptian concession agreements into a single integrated agreement to be ratified by the Egyptian Parliament...
The Supreme Committee for Corporate Social Responsibility (CSR Committee), headed by Minister of Petroleum and Mineral Resources Tarek El Molla, has completed the drilling of 48 water wells and 50 livestock projects w...
Minister of Petroleum and Mineral Resources Tarek El Molla has met with Randy Neely, CEO of Capricorn Energy, and Eleanor Rowley, Managing Director of Capricorn Energy Egypt. The meeting discussed the company’s ...
Capricorn and NewMed Energy announced a proposed combination, to create a MENA gas and energy champion and one of the largest upstream energy independents listed in London. A company statement from NewMed Energy elabo...
Capricorn announced that its working interest (WI) production from Egypt averaged~35,500 barrels of oil equivalent per day (boe/d) in H1 2022. The company added that its net liquids WI production in Egypt grew from 20...