Merlon El Fayum

  • House of Representatives Approves 11 Exploration Agreements

    House of Representatives Approves 11 Exploration Agreements

    Sunday, 17th November 2019

    The Energy and Environment Committee of Egypt’s House of Representatives, Chaired by Talaat El Sewedy, approved 11 projects, delegating the Minister of Petroleum and Mineral Resources, Tarek El Molla, to explore for oil in different regions.

  • SOCO International Completes Acquisition of Merlon

    SOCO International Completes Acquisition of Merlon

    Sunday, 7th April 2019

    The company agreed with Merlon on the acquisition in exchange of around $136 million in cash, as well as issuing 65,561,041 new ordinary shares of SOCO to Merlon International.