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Independent Resources announces raising of £200,000 in funds

Posted: May 17, 2016 at 12:36 pm   /   Oil & Gas

The Board of Independent Resources plc, the AIM listed oil and gas exploration and production company with activities in Tunisia, Egypt and Italy, announces that it has raised additional immediate short-term working capital through a subscription by investors introduced through Brandon Hill Capital Limited, the Company’s broker for £200,000 in the form of loans convertible […]

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Video: DEA Innovative Production Technologies

Posted: May 17, 2016 at 12:03 pm   /   Oil & Gas

DEA Deutsche Erdoel AG Innovative Production Technologies. How we extract and treat natural gas today. (Source: DEA Group)

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Egypt launches international bid round for 11 oil exploration blocks in the Western Desert and Gulf of Suez

Posted: May 15, 2016 at 12:15 pm   /   Oil & Gas

Egypt launched international bids for oil exploration in 11 blocks in the Western Desert and the Gulf of Suez, the petroleum ministry announced in a press release on Thursday. Five blocks will be offered in the Gulf of Suez, North-East of October, North-East of Al Hamd, North-East of Ramadan, East Badri, North maritime Esran, while […]

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Eni announces a new and original model of integration between its traditional business and energy from renewable sources

Posted: May 13, 2016 at 1:42 pm   /   Oil & Gas, Renewables

In Italy, Pakistan and Egypt, Eni will implement new renewable energy generation projects in the vicinity of the company’s plants in order to make the most of all possible industrial, logistic, contractual and commercial synergies with the company’s traditional activities. Eni is planning to launch new renewable energy projects in Italy, Pakistan and Egypt. They […]

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Video: Exploring What's Possible in Egypt (Apache Corporation)

Posted: May 13, 2016 at 1:37 pm   /   Oil & Gas

Egypt is not a place for the meek or the mild. The terrain is vast, challenging, and unforgiving. Navigating the region takes tact, timing and true commitment, and then the real work begins. Making it in Egypt requires exploring what’s possible. (Source: Apache Corporation)

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Nooros fast-track development in Egypt achieves production milestone less than one year after discovery

Posted: May 13, 2016 at 1:27 pm   /   Oil & Gas

BP confirmed production ramp up from the Nidoco North 1X exploration well and the Nidoco North West 4 development well in the Nooros field, located in Abu Madi West concession in the Nile Delta, Egypt. BP holds a 25% stake in the concession of Abu Madi West, and Eni, through its subsidiary IEOC, holds 75%. […]

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Infographic: Mittelplate – Overview of technical facilities (DEA Group)

Posted: May 13, 2016 at 1:22 pm   /   Oil & Gas

Mittelplate Drilling and Production Island is located in the southern section of the Schleswig-Holstein Wadden Sea, which has enjoyed national park status since 1985. Mittelplate is in Protection Zone 2 of the National Park, where only certain activities are permitted. Oil production in the Mittelplate area is one of activities permitted on these offshore mud […]

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Video: DEA Seismic Surveys

Posted: May 12, 2016 at 1:29 pm   /   Oil & Gas

DEA Deutsche Erdoel AG Seismic Surveys. How we use 3D seismic technology to find oil and natural gas. (Source: DEA Group)

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Independent Resources close to extracting revenue at East Ghazalat

Posted: May 12, 2016 at 1:27 pm   /   Oil & Gas

Independent Resources was moving closer to extracting revenue from its East Ghazalat concession in Egypt on Tuesday, as it updated the market on the project’s recent developments. The firm holds a 50% share in East Ghazalat, along with fellow AIM-traded company Nostra Terra Oil & Gas. Its board said it was continuing to make progress […]

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Petroceltic International provides examinership process update

Posted: May 12, 2016 at 1:19 pm   /   Oil & Gas

Petroceltic International Plc, the international Oil and Gas exploration development and production company, provides an update on the status of the petition for examinership of Petroceltic and two wholly owned subsidiary companies presented to the High Court of Ireland on 4 March 2016. On 4 March 2016 Sunny Hill Limited announced that Worldview EHS International […]

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