Category: Companies

Oxy Faces Investor Lawsuit Over Anadarko Acquisition

ٍٍRigzone – Occidental Petroleum Corp. has been hit with litigation by investors who say they lost billions because the debt-laden firm was not transparent about...

TAQA contracts Archer to plug wells in UKCS

Abu Dhabi National Energy Company (TAQA) has awarded a contract to Archer for modular drilling unit and associated services in the UK Continental Shelf. “We are...

Sonatrach: Employees to return to work gradually

ALGIERS- The general directorate of the national hydrocarbon company Sonatrach underlined Monday that employees will return to work gradually in accordance with the...

Completing hand over/ take over procedure for Brega Petroleum Marketing Management Committee

In the presence of Mr. Jadallah Al-awkali, Member of the Board of Directors of the National Oil Corporation, on the seventeenth of the Holy month of Ramadan,...

Lebanon maintains contract with Sonatrach amid corruption, adulterated fuel scandal

A cabinet meeting led by President Michel Aoun has decided to maintain a fuel supply contract with Sonatrach Petroleum (SPC), a subsidiary of Algeria’s state-run oil...

10 companies place bids in Egypt’s gold exploration

10 companies place bids in Egypt’s gold exploration Sources at the Ministry of Petroleum, Mining, and Mineral Resources told Egypt Today that 10 companies...

Delek Group in Tel-Aviv district Court (Economic Division)

Tel Aviv, May 18, 2020. Delek Group (TASE: DLEKG, US ADR: DGRLY) (“the Company”) announces that on May 18, 2020, it received a statement of claim and an...

The Impact of COVID-19 on SDX ongoing production operations

At this point, production operations in Egypt have not been impacted however given the seriousness of COVID-19, this situation may be subject to change in the future. In...

ENERGEAN’S NORTH SEA SALE TO NEPTUNE COLLAPSES

Energean Oil & Gas (ENOG.L) said on Tuesday it seeks to renegotiate its acquisition of Edison’s (EDNn.MI) upstream portfolio after its plan to immediately sell on...

2020 revenues from Leviathan, Tamar to fall by up to 20%

London — Israeli gas demand could be between 5% and 9% lower than expected through 2021, Israeli gas producer Delek Drilling said late Wednesday, as the coronavirus...