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Tag: Dover Investment
EDC50

EDC-50 rig contracted for Abu Sennan ASH-3 well in Egypt’s Western Desert

Posted: December 5, 2020 at 9:10 pm   /   Oil & Gas

Kuwait Energy Egypt and Abu Sennan license partners let a contract for the EDC-50 rig to drill the ASH-3 well in Egypt’s Western Desert. ASH-3 will target producing Alam El Bueib (AEB) reservoirs in an area of ASH field updip of the ASH-2 production well, which came onstream at the beginning of the year and […]

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United

United Oil & Gas’ acquisition of Rockhopper to close by 4Q2019

Posted: October 8, 2019 at 3:51 pm   /   Oil & Gas

United Oil & Gas’ acquisition of Rockhopper Egypt “progressing well”: Rockhopper Exploration’s sale of its Egypt business to Irish energy company United Oil & Gas is on track to be completed by the end of 4Q2019, Rockhopper said in a statement yesterday. Rockhopper and United had signed a USD 16 million share purchase agreement in […]

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GlobalConnect completes acquisition of 25% interest in Abu Sennan Concession in Western Desert

Posted: October 2, 2017 at 6:46 pm   /   Oil & Gas

GlobalConnect announces final Egypt Government approval of its acquisition of 25% participating interest in the Western Desert Abu Sennan Concession. GlobalConnect Ltd., a newly established Oil and Gas Exploration and Production company with focus on MENA (Middle East and North Africa) region, has announced the final approval of Egypt government of its acquisition of 25% […]

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abusennan

Kuwait Energy farms-out 25% of its interest in Abu Sennan concession to newcomer Global Connect

Posted: January 18, 2017 at 4:44 pm   /   Oil & Gas

Kuwait Energy plc is pleased to announce the signing of a Farm-Out Agreement (FOA) for 25% participating interest in the Abu Sennan concession from its share, to Global Connect Limited; a recently established E&P Company with a focus on MENA region. The FOA was signed in Egypt on Thursday 15 December 2016 and it is […]

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