Malaysia’s Petroliam Nasional Berhad (Petronas) has announced that its subsidiary would buy a 10 per cent stake in Oman’s Al Khazzan gas field, following a bidding exercise held by the exploration arm of state-owned Oman Oil Company
The evolution of the global natural gas market, which has been driven by the growth in liquefied natural gas (LNG) demand, continues to change the relationship between buyers and sellers and raises new challenges for the global security of energy supplies, according to the International Energy Agency (IEA)
SDX Energy, which focuses on North African oil and gas projects, has announced that talks to buy some of BP’s Egyptian assets have been abandoned
BP has entered into a venture cooperation agreement with Aker BP to explore potential areas of cooperation in the development and deployment of advanced technologies in its businesses
Paul Welch, CEO, SDX, was the keynote speaker at the Africa Energy World Upstream summer reception, with “Financing Africas oil and gas: the state of play” as the theme of the evening
