onshore | Egypt Oil & Gas - Part 4
Sound Energy Acquires 50% of Sidi Moktar Licences in Morocco
Sound Energy, the Mediterranean focused upstream gas company, has announced signing a binding agreement for the acquisition of additional 50% of operated interest from PetroMaroc Corporation in three onshore gas permi...
Kuwait Drilling and Honghua Group Struck $25m Deal
Chinese-based land drilling rig manufacturer, Honghua Group (HH), has entered into a $25m sales agreement for ultra-deep drilling rigs with Kuwait Drilling Company (KDC), reported Trade Arabia. HH will provide and del...
Schlumberger to Co-Finance Moroccan onshore Tendrara license
Sound Energy, the operator of the onshore Tendrara license in Morocco, has entered into a Field Management Agreement (FMA) with an affiliate of Schlumberger Oilfield Holdings Limited that will provide integrated techn...
Russia’s Rosneft and India’s Oil Majors Sign Hydrocarbons Deal
Russia’s Rosneft, and two Indian oil majors, Oil India Limited and Indian Oil Corporation Limited, have signed a Memorandum of Understanding (MoU) to jointly carry out geologic survey, exploration, and productio...
EPI, GNPC Sign Seismic Exploration Contract
EPI SonarTusk and Ghana National Petroleum Corporation (GNPC) have signed a two-year contract launching first onshore seismic exploration of the Voltaian Basin, south-central Ghana, in 40 years, Oil Review Africa repo...
Mexico Expands Offshore, Onshore Production via International Companies
Italian ENI has signed its first 25-year long production-sharing contract with the Mexican Comisión Nacional de Hidrocarburos (CNH) for oil and gas production in three fields in the Bay of Campeche offshore Mexico, Oi...
Business-Friendly Details of Iran’s New Model Contract Revealed
Iran’s new oil and gas contracts will have flexible terms that take into account oil price fluctuations and investment risks, Mehdi Hosseini, head of Iran’s oil and gas contracts restructuring committee to...
Oilfield Services to Expand Offshore in Middle East, Report Says
Higher E&P expenditure, financial durability of the companies and customers are likely to drive the oilfields services (OFS) market in the Middle East to record revenues worth $13.4b by 2019, said Trade Arabia, ci...
