Premier Oil | Egypt Oil & Gas

Premier Satisfies Chrysaor Merger Conditions

Premier Oil Company announced that all conditions requested for merger with Chrysaor company have been fulfilled and all the requisite anti-trust approvals has been received, Premier announced in a statement. The comp...

Premier Oil’s Shareholders Approve Merger with Chrysaor

Premier Oil company announced that its shareholders has approved the merging transaction with Chrysaor and the reorganization of Premier’s existing debts and cross currency swaps during the company’s general meeting, ...

UAE, Indonesia Agree Deals Worth $9.7 B

Emirati and Indonesian companies signed agreements worth a total of $9.7 billion during a state visit by the Abu Dhabi Crown Prince Mohammed bin Zayed to Indonesia, Reuters reported. Mubadala and Indonesia’s Chandra A...

Kenya Faces Dry Wells, Maritime Disputes

Tower Resources and Premier Oil issued a notice to withdraw from block 2B located in the Anza basin, northern Kenya, reported AllAfrica. “We have withdrawn from the area where we feel there is no medium-term lik...

Iraq says Premier Oil to join Bashneft in oil block

Britain’s Premier Oil PLC is teaming up with Russia’s Bashneft to develop Iraq’s oil block 12, an Iraqi oil official said on Sunday. Last month Iraq awarded Bashneft rights to develop the field. Bash...

Premier Oil Announces North Sea Discovery

Premier is pleased to announce that the Carnaby exploration well 28/09-5A (Premier equity 50 per cent) has reached a total depth of 4,695 feet and encountered oil. Initial analysis indicates that the well encountered ...

Premier Oil Gulf of Suez license award on hold pending elections

Premier Oil is still awaiting ratification from the Egyptian authorities for the award of the South Darag block in the northern Gulf of Suez. The award process is delayed until after Egypt’s parliamentary electi...

Sea Dragon acquires 10% in the Red Sea

Sea Dragon acquired 10% from the share of Al Amir Petroleum Company’s concession in the Red Sea. This acquisition serves the company’s objective to expand its operations in Egypt. Last year, Sea Dragon completed...

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