Exploration & Production
Egypt asset exceeds our pre-drill expectations, says UOG’s CEO
Brian Larkin, CEO of United Oil & Gas (UOG), said the result of the El Salmiyah-5 well on the Abu Sennan concession in Egypt has significantly exceeded the company’s pre-drill expectations
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TransGlobe Energy reports Q1 net loss of US$55.2mn.
Oil and gas company TransGlobe Energy has reported Q1 net loss of US$55.2mn (US$0.76 per share)
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Sonatrach signs MOU with Russia’s Lukoil
Algeria’s Sonatrach and Russian company Lukoil have signed a memorandum of understanding (MoU)
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Lebanon’s first offshore well fails
Total’s well offshore Lebanon has not been able to find a reservoir in the Tamar formation, which was the target of this exploration well
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Global E&P revenues to fall by US$1 trillion in 2020: Rystad Energy
The devastating effect of the COVID-19 pandemic on global oil and gas exploration and production (E&P) companies is better understood by looking at the industry’s expected total annual revenues for 2020
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More Articles ...
- ‘New licensed offshore acreage is likely to fall by about 60 per cent’
- ‘Investors unlikely to commit exploration budget to licensing rounds in near term’
- SDX Energy finds new gas onshore Morocco
- US$20 trillion to be spent on natural gas E&P over next 20 years: Xodus Group
- Egypt’s Ganope to boost petroleum production by 17 per cent
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