deepwater licenses

  • Petroceltic Completes $9.5m Sale of Deepwater Licenses in Egypt

    Petroceltic Completes $9.5m Sale of Deepwater Licenses in Egypt

    Tuesday, 23rd February 2016
    Petroceltic International plc, the Irish oil and gas exploration, development and production company, has completed the sale of the North Thekah, North Port Fouad, and South Idku deepwater exploration licenses in Egypt to its joint venture partner, the Italian company, Edison International S.p.A, for a total of $9.5m in a cash deal.