France’s energy giant Total SA has signed an agreement with Kuwait Foreign Petroleum Exploration Company (KUFPEC) to divest its remaining 15 per cent interest in the Gina Krog field in Norway
Saudi Aramco is using new technologies to re-explore some areas of the Arabian dessert Empty Quarter, seeking to expanding oil and gas reserves prior to its initial public offering (IPO) which is scheduled to take place in late 2018
Egypt has signed three new oil and gas exploration deals, worth approximately US$81.4mn, with Royal Dutch Shell and the US-based Apex Oil Company, a move which is aiming to exploiting the oil and gas potential in several regions across the country
Austria-based OMV has divested its 50 per cent stake in the offshore Ashtart oil field, located in the Gulf of Gabes in Tunisia, and another 50 per cent stake in the Tunisian oil and gas company Serept to the Anglo-French petroleum company Perenco
The Norwegian oil and gas operator DNO ASA has been assigned the 20 per cent interest in Kurdistan’s Tawke oil field as payments of receivables owed to the company for past crude oil deliveries
