Circle Oil

  • SDX Finalized Circle Oil Deal

    SDX Finalized Circle Oil Deal

    Monday, 30th January 2017
    SDX Energy Company finalized the deal to buy UK's Circle Oil's assets in Egypt and Morroco
  • SDX Energy to Buy Circle Oil’s Assets

    SDX Energy to Buy Circle Oil’s Assets

    Sunday, 15th January 2017
    SDX Energy entered into non-binding heads of terms (HoT) with Circle Oil Company for the attainment of Circle Oil’s assets in Egypt and Morocco.
  • Cycle Oil Completed Morocco’s Pipeline Repairs

    Cycle Oil Completed Morocco’s Pipeline Repairs

    Sunday, 18th September 2016
    Circle Oil, an international oil and gas exploration and production company, declared the completion of repairs of its gas pipeline in Morocco.
  • Qatar Purchases Stake in Morocco Offhore Contracts

    Qatar Purchases Stake in Morocco Offhore Contracts

    Tuesday, 9th February 2016
    The Qatari state oil company, Qatar Petroleum, has reached a deal with Chevron to acquire 30% of its stake in offshore drilling areas in Morocco. Irish oil company Circle Oil has announced a new customer for its gas in Morocco, bathroom fittings manufacturer SBS Porcher.
  • Morocco Reports High Success Rate in Search of Gas

    Morocco Reports High Success Rate in Search of Gas

    Monday, 9th November 2015
    Morocco’s Office of Hydrocarbons and Mining (ONHYM) announced that the drilling program at the Gharb-Chrarda-Beni Hssen region has been successful, with 19 out of 22 wells drilled testing positive for natural gas.
  • Circle Oil Attributes its Substantial Loss to Operations in Egypt, Oman

    Circle Oil Attributes its Substantial Loss to Operations in Egypt, Oman

    Tuesday, 2nd June 2015
    Circle Oil said it swung to a substantial pretax loss in 2014 after it booked impairments and write-offs related to its operations in Oman and Egypt and the fall in oil prices.
  • Circle Oil receives $15 Million Payment from Egyptian Government

    Circle Oil receives $15 Million Payment from Egyptian Government

    Sunday, 11th January 2015
    Oil and gas explorer Circle Oil said on Friday it had received a $15 million payment from the Egyptian government as part of Egypt's plan to pay off debts owed to energy companies operating in the north African nation.
  • Circle Oil plans to drill 12 wells

    Circle Oil plans to drill 12 wells

    Tuesday, 19th February 2013
    Circle Oil Plc the international oil and gas exploration, development and production company, is pleased to announce the following update regarding its operations and forthcoming work programmes for 2013 in its operational areas of Morocco, Egypt, Tunisia and Oman.
  • Circle Oil secures $12.5m to fund operations in Egypt

    Circle Oil secures $12.5m to fund operations in Egypt

    Wednesday, 26th December 2012
    Circle Oil Plc, the Middle East and Africa focused oil and gas exploration, development and production company, is pleased to announce that it has agreed a US$12.5 million secured working capital facility with Ahli United Bank Egypt.
  • Circle Oil provides operating update in Egypt

    Circle Oil provides operating update in Egypt

    Tuesday, 28th August 2012
    Circle Oil Plc, the international oil and gas exploration, development and production company, is pleased to announce the following update regarding the Al Amir SE field and the Geyad field.