PSA | Egypt Oil & Gas
TAG Oil Awarded PSA to Develop Abu Roash “F” Reservoir
TAG Oil Ltd. announced that it was formally awarded a petroleum services agreement (PSA) by Badr Petroleum Company to develop the unconventional Abu Roash “F” reservoir (ARF) in the Badr Oil Field (BED-1),...
Egypt Approves Extending SDX’s PSA of West Ghairb to 2031
SDX company announced that it has received the final approval from the Egyptian authorities to extend its Production Services Agreement (PSA) for oil production from Meseda and Rabul oil fields in West Gharib concessi...
Uganda, Nigerian Firm Finalize Oil Exploration Deal
Uganda is going to sign two oil production sharing agreements with a Nigerian firm today, enabling the company to begin exploration work, Reuters reported. The firm, Oranto Petroleum International, was among a number ...
Eni Amends Concession Agreements with Egypt
Eni’s Egyptian subsidiary, IEOC, has signed 3 new amendments to its agreements with the Egyptian government. In a November 12th press release, the company announced the amendments for their concessions of Sinai 12 and...
Egypt to Renegotiate Contracts with IOCs
Tarek El Molla, Minister of Petroleum and Mineral Resources, said that the ministry aims to renegotiate the current contracts with IOCs, in order to achieve economic balance between the foreign investor and state comp...
Aminex Shifts from PSAs to Royalty Payments in Egypt
Oil and gas company Aminex PLC announced that it has converted its stake in Egypt’s West Esh El-Mallahah-2 production sharing contract in Egypt into a royalty structure reported London South East. This move is m...Page 1 of 1
