Energean Amends Edison E&P Acquisition for $178 MM
Energean announced that it has received a discount for its acquisition of the Edison E&P, paying only $178 million from an initial $750 million.
oil and gas | Egypt Oil & Gas - Part 11
Hungary Signs Deal to Purchase 4.2 bcm From Russia
Hungary has signed a year agreement with Russia’s Gazprom for 4.2 billion cubic metres (bcm) of gas from the period of October 2020 to October 2021.
EOG Launches New Mobile Application
Egypt Oil & Gas (EOG) has proudly launched its new mobile application, offering all the latest industry updates at your fingertips.
EOG Technical Committee Leads Through COVID-19
The Egypt Oil & Gas (EOG) Technical Committee held a virtual meeting on May 6 to discuss how to lead a business through a pandemic and commodity price crash.
Sonatrach to Decrease Planned Investment by 50%
Algerian President Abdelmadjid Tebboune has demanded that state energy firm Sonatrach decrease their planned investment by 50% from $14 billion to $7 billion.
Wintershall Dea 2019 Results Show Strong Operational Performance
Europe’s leading independent gas and oil company, Wintershall Dea, has released the results for its fourth quarter and full year 2019 results that showed strong operational performance.
El Molla Makes New Appointments in Oil Sector
Minister of Petroleum and Mineral Resource, Tarek El Molla, has issued a movement of transfers for a number of assistants and managers of the general administrative affairs of the oil sector companies in his endea ...
Wintershall Dea Appoints New COO
Wintershall Dea has appointed Dawn Summers as the new Chief Operating Officer (COO) responsible for the Business Units in several countries including Egypt.
El Molla: The Middle East is a Natural Gas Basin
The Minister of Petroleum and Mineral resources, Tarek El Molla, said that the East Mediterranean is considered to be a global basin of natural gas, having great energy potential to support the regional cooperatio ...
Town Gas Deals with a Pipeline Breakage
Town Gas company was able to handle the breakage of the natural gas pipeline HP 125 in Safir square on December 2.
