Kuwait Energy Oil and Gas Exploration Company is currently planning to finalize a reserve-based lending (RBL) loan facility of up to $100m to fund Egypt's Abu Sennan, Area A, Burg El Arab and East Ras Qattara fields.
Mr. Miguel Angel Vargas, the General Manager of the Chilean state-owned Sipetrol International S.A., Egypt Branch, announced a new achievement in East Ras Qattara Concession in the Western Desert, with a new producti ...