Oman Oil plans to sell 10 per cent stake in Khazzan gas field: Bloomberg

Oman oil

Oman Oil Company is planning to sell a 10 per cent stake in its Khazzan gas field according to a report from Bloomberg citing people with knowledge of the matter

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Dana Gas gets US$40mn from Egypt

Dana EgyptSharjah, UAE-based Dana Gas said it has received US$40mn from the Egyptian Government, which it will use to boost production and commence drilling at its offshore block

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Halliburton receives Aramco’s contract for unconventional resources project

halli 2Halliburton Company has signed unconventional gas stimulation services contract with Saudi Aramco to further improve the economics of Saudi Aramco's unconventional resources programme

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SDX achieves significant natural gas discovery in Egypt

SDX EgyptSDX Energy Inc, North Africa-focused oil and gas company, has announced to achieve positive results of the well test conducted on the Ibn Yunus 1X well following the recent conventional natural gas discovery at South Disouq, Egypt

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Dana Gas records a 27 per cent increase in net profit

dana 2018Dana Gas PJSC, the Middle East’s leading natural gas company, has achieved a net profit of US$14mn, 27 per cent higher on year-on-year (Y-O-Y) basis, said the company in its Q1 2018 financial results

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