Latest news
Sudan, Turkey strike $100 million oil investment deal
The Turkish minister of agriculture and forestry Bekir Pakdemirli said his country has signed a $100 million agreement to invest in oil exploration and production in Sudan.
read more... 12/09/2018
Germany’s Wintershall to invest €2bn on Norwegian Continental Shelf fields
German crude oil and natural gas producer Wintershall revealed its intentions to invest about €2bn in exploration and development activities on its offshore Norwegian fields from 2017 to 2020.
read more... 29/08/2018
Lukoil and Romgaz start exploration campaign in Black Sea
Russian oil company Lukoil and Romanian gas producer Romgaz will drill several exploration wells in the Black Sea Trident perimeter.
read more... 22/08/2018
Egypt Signs New Agreements with European Oil Companies
Egypt's Minister of Petroleum and Mineral Resources Tarek El-Molla signed three agreements today for the exploration of oil and natural gas in the Mediterranean, Western Sahara and Nile Delta.
read more... 15/08/2018
Savannah makes oil discovery at Kunama-1 exploration well in Niger
The oil find at the Kunama-1 well, which was drilled by the GW 215 Rig to a total measured depth of 2,460m, marks the firm’s third consecutive discovery in its maiden exploration campaign in the R3 portion of the R3/R4 PSC Area in ARB.
read more... 13/07/2018