Devon Energy to Buy Rival Shale Company
US oil and gas producer, Devon Energy Corporation, will buy shale-oil rival WPX Energy for an estimated $2.56 billion as it looks to cement its position in the top US oilfield.
Shale Gas | Egypt Oil & Gas
Aramco, Wood Extend Unconventional Gas Deal
Wood, the Australian engineering, procurement and construction (EPC) contractor, signed a two-year extension deal with Saudi Aramco’s overseas business unit for the unconventional gas program.
Qatar Petroleum Invest $20B in US Oil and Gas
Qatar Petroleum will invest $20 billion over five years in US oil and gas fields.
S Africa Evaluates 5 Shale Gas Exploration Applications
The recommendations are expected to be finalized soon, after the delay that was caused by the environmental objections.
Algeria Not to Exploit Shale Gas
Nigeria has enough quantities of other natural resources, which includes natural gas. South Africa Endorses Shale Gas Development
The South African government has given the endorsement for shale gas development in its Karoo basin. While that is considered by experts a positive step, there are still opposing parties behind the shale exploration ...
MENA to Invest $294b in Oil Sector
According to Meed Insight’s Mena Oil and Gas Report 2017, about $294b of oil, gas, and petrochemicals projects are in the pre-execution phase across the countries in the Middle East and North Africa (MENA) region.
Norwegian Statoil to Explore for Gas in Turkey
Norwegian energy company Statoil announced that it had signed an agreement with Canadian exploration company Valeura Energy to help explore the shale gas potential in Turkey. South Africa to Start Shale Gas Exploration Next Year
The first exploration for shale gas in South Africa will begin in the next financial year, following years of postponement. A World Energy Council report mentions South Africa as having significant potential for shal ...
