Nigerian Navy Fined for Illegal Vessel Detention

• Monday, 14th December 2015
• by Egypt Oil & Gas

A Lagos-based court has ordered the Nigerian Navy and its Chief of Naval Staff to jointly pay a fine of up to $1m to the British Mercury Oil & Gas company, based in Farnham, in a settlement over damage caused by i...

UK’s Frontera and Ukraine’s Naftogaz Sign Agreement

• Thursday, 16th July 2015
• by Egypt Oil & Gas

Frontera Resources Corp on Wednesday said it has signed a strategic memorandum of understanding with Ukrainian state-owned oil and gas company Naftogaz. Under the terms of the deal, the pair will work on upstream expl...