North African explorer Sea Dragon Energy has acquired a 12.75 per cent stake in an oil block in the Gulf of Suez, offshore Egypt
Exploration & Production
Longreach Oil & Gas announces Koba-1 well reaches total depth
Longreach Oil & Gas has announced that the Koba-1 exploration well in the Essaouira Basin onshore Morocco has reached total depth (TD) and has encountered a potential Lower Liassic sandstone reservoir with gas shows
Kurdistan Region of Iraq starts exporting crude
The Kurdistan Region of Iraq has started exporting heavy crude to world markets, transported via trucks through Turkey, to a waiting tanker
Egypt auctions 22 oil and gas concessions
Egypts General Petroleum Corporation (EGPC) and the Natural Gas Holding Company (EGAS) have commenced the auctioning of 22 oil and gas concessions, spread across the north African nation
Russian energy firm to explore oil in Syria
The government of Syria has signed an agreement with Russian energy company SoyuzNefteGaz for oil exploration in the countrys territorial waters off the Mediterranean coast
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