UAE’s Dragon Oil Looking to Spend $500M in Acquisitions in 2019
The upstream investment arm of Dubai state-owned ENOC, Dragon Oil, plans to invest $500 million in oil and gas assets next year, chief executive Ali Rashid al-Jarwan said.
Tunisia | Egypt Oil & Gas - Part 2
Maridive Vessel Joins Eni Fleet in Tunisia
The Maridive Tunisia 1 crew boat has started to work with Eni in its offshore operations in Tunisia, Maridive announced in a press release.
Tunisia Raises Fuel Prices for Fourth Time in 2018
The Tunisian government has increased fuel prices for the fourth time in 2018, raising them by about 4% as the government attempts to reduce the budget deficit and meet the financial demands stipulated by foreign ...
Upland Receives Exclusive Exploration Rights in Northern Tunisia
The Tunisian government accepted a bid from the upstream company Upland Resources for an exclusive hydrocarbon exploration and appraisal licence in onshore northern Tunisia.
PERENCO Acquires a 50% Stake in Tunisia’s Ashtart Field
PERENCO closed its purchase of a 50% stake in the Tunisian Ashtart oilfield and a 50% state in the operating company SEREPT from OMV.
Petrofac Resumes Gas Operations in Tunisia
The British energy firm confirmed that work had resumed at the Chergui gas field concession on Kerkennah island in southeast Tunisia.
Shell Mulls Selling Gas Fields in Tunisia
Sources stated that the assets might be sold for $500m. Tunisia’s Oil, Gas Production Drops 10.1%
Tunisia has recorded a drop in crude oil and natural gas production of 10.1% in 2016, compared to 2015.
Serinus Halted Output from Tunisia’s CS-3 Well
Serinus Energy Inc. announced that a failure of the electrical submersible pump (ESP) for well CS-3 on the Chouesh Es Saida Concession in Tunisia has resulted in a temporary loss of full production from this well.
