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Interview with Hesham Mekawi – Regional President, North Africa, BP, Egypt

Interview with Hesham Mekawi – Regional President, North Africa, BP, Egypt

Hesham Mekawi, Regional President, North Africa for BP, discusses the company’s extraordinary investment in Egypt, with one in three upstream dollars globally spent on Egypt, making the Country currently the highest receiver of investment within the group. He also highlights the track record of successful partnership BP has had with Egypt and the total alignment … Continue reading

SDX announces Q12017 financial & operating results, sets out North African growth plans

SDX announces Q12017 financial & operating results, sets out North African growth plans

SDX Energy reported income of US$26.9 million for the first quarter of the year, although this was largely based on its acquisition of Circle Oil’s Egyptian and Moroccan businesses, which provided a US$29.5 million gain. Netbacks from production for the period, meanwhile, were US$6.1 million, generating US$3.1 million of net cash. Setting out its results … Continue reading