MOROCCO: Sound Energy Reports on Micro LNG Development Progress & Amendment of Italfluid Project Contract

Sound Energy has provided a progress update on its Phase 1 micro LNG development and announced an amendment to the project contract entered into between Italfluid Geoenergy S.r.l.  and Sound … Read More

MOROCCO: Predator Oil & Gas Receives £900,000 loan for Expansion of the MOU-1 testing programme & MOU-3 long-lead drilling items

Highlights  ·    Commencement of MOU-2 drilling currently projected for mid-December 2022  ·    All remaining well inventory and drilling materials on way to Morocco  ·    Exercise of options and Directors’ loan will provide aggregate additional … Read More

EGYPT: bp awarded new exploration blocks in Offshore Nile Delta

bp has been awarded two exploration blocks in the Mediterranean Sea, offshore Egypt by the Egyptian Natural Gas Holding Company. The Northwest Abu Qir Offshore Area – in which bp, … Read More

ALGERIA: Eni and Sonatrach inaugurate Solar Lab, lay first stone of PV facility in BRN

The CEO of Eni Claudio Descalzi and the CEO of Sonatrach Toufik Hakkar have inaugurated the Solar Lab and laid the first stone of a 10MW photovoltaic plant in the … Read More

SDX Energy Provides Financial & Operating Results for the 3 & 9 Months Ended 30 September 2022

YTD 9 months 2022 key highlights:  ·      Production of 512 bbls/d and 19.3mmscf/d (3,729 boe/d), 3% higher than mid-point full year guidance of 3,480 – 3,795 boe/d. ·      EBITDAX of US$21.6 million and operating cash flow … Read More