SDX 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
Gas
Dana Gas records a 27 per cent increase in net profit
Dana 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
Total signs MoU with Oman to develop natural gas resources
French oil major Total said it has signed a Memorandum of Understanding (MoU) with Oman to develop natural gas resources in Oman
Global natural gas consumption rose by 3.3 per cent in 2017, says CEDIGAZ
Global natural gas consumption rose by 3.3 per cent to reach a new peak of 3640 bcm in 2017, said CEDIGAZ, the International Association for Natural Gas, in its “First Estimates 2017”
Eni continues Zohr ramp-up, starting the third production unit
Eni has announced the start-up of the third production unit (T-2) of the Zohr project, increasing the installed capacity to 1.2 bcf per day, in less than a month after beginning the second production unit (T-1) of the Zohr project, offshore Egypt