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Tag: Upstream
Pharos Energy

Pharos Energy to farm out interest in El Fayum, North Beni Suef Concessions to IPR

Posted: September 15, 2021 at 12:05 pm   /   Oil & Gas

Pharos Energy has announced that the Pharos Group has entered into conditional agreements for the farm-out and sale of a 55% working interest and operatorship in each of the Egyptian El Fayum and North Beni Suef Concessions to IPR Lake Qarun Petroleum, a wholly owned subsidiary of IPR Energy. The consideration implies a gross (100%) value of up to US$115 million for the Assets and consists […]

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Cairn Energy

Cairn expects to finalize Shell Egypt onshore assets acquisition by end of month

Posted: September 8, 2021 at 1:45 pm   /   Oil & Gas

Cairn, Cheiron could replace Shell in the Western Desert before the month is out: Cairn Energy and partner Cheiron expect to finalize its takeover of Shell Egypt’s onshore oil and gas assets by the end of September, Cairn said yesterday. The joint acquisition, which will see the assets split 50-50 between the UK-listed company and leading Egyptian […]

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Frontier-Africa-E&P-2021

Opportunities for Governments at Africa E&P Summit

Posted: September 1, 2021 at 9:31 pm   /   Oil & Gas

Frontier would like to extend an invitation to Governments and National Oil Companies to take advantage of upcoming Africa E&P Summit – Africa’s Premier Global Oil, Gas & Energy Conference in London & Online taking place on the 22nd and 23rd September 2021 and to let you know of various opportunities and platforms available for Governments at […]

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TotalEnergies

TotalEnergies Takes Leading Position at Africa E&P Summit

Posted: September 1, 2021 at 9:24 pm   /   Oil & Gas

Frontier and TotalEnergies are pleased to announce that TotalEnergies will take a leading position at the upcoming Africa E&P Summit – Africa’s Premier Global Oil, Gas & Energy Conference set to take place on the 22nd and 23rd September in London & Online.By partnering with Frontier, TotalEnergies is showing leadership in the African oil, gas & energy industry […]

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Africa-Summit-Speaker-Banner

First Governments & Speakers Announced for Africa E&P Summit

Posted: July 27, 2021 at 7:35 pm   /   Oil & Gas

The first governments and speakers have been announced for the Africa E&P Summit taking place on the 22nd and 23rd September in London & Online. Africa’s upstream community will gather with a focus on ‘back to business’ and the stage is set for a high-level meeting of governments, NOC’s and companies that have a united interest in the development and progression […]

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Frontier-Africa-E&P-2021

Africa E&P Summit and Exhibition Prepares to Convene Industry Leaders to Address Key Pillars For Progress on Africa’s Energy Future

Posted: June 9, 2021 at 2:02 pm   /   Oil & Gas

Frontier is delighted to announce that the Africa E&P Summit and Exhibition 2021 taking place as a hybrid event on the 22nd and 23rd September is gathering pace with the industry showing very strong desire and commitment to convene to address key pillars for progress on Africa’s energy future.  Gayle Meikle, CEO of Frontier said “The team at Frontier is excited to deliver our flagship […]

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IPR

IPR Wastani taking Dana Gas to arbitration over cancelled Egypt deal

Posted: April 28, 2021 at 9:20 pm   /   Oil & Gas

IPR Wastani seeks arbitration for cancelled sale of Dana Gas’ Egypt assets: IPR Wastani Petroleum is filing for arbitration after the UAE’s Dana Gas called off the sale of its oil and gas assets in Egypt to the Texas-based IPR Energy Group member, Dana Gas said in a statement cited by Reuters. The request for […]

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Wintershall Dea

Wintershall Dea’s Q1 2021 Results: Record production, strong financial performance

Posted: April 27, 2021 at 10:57 pm   /   Oil & Gas

Wintershall Dea, Europe’s leading independent gas and oil company, today reported its first quarter 2021 results. Mario Mehren, Wintershall Dea Chairman & CEO, commented: “We entered 2021 with a great deal of operating momentum, allowing us to deliver record production of 659 mboe/d in the first quarter. This strong operational performance combined with a more […]

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Dana Gas

Sale talks over Dana Gas’ Egypt assets to IPR Wastani break down

Posted: April 26, 2021 at 11:35 am   /   Oil & Gas

UAE’s Dana Gas walks back on plans to offload Egypt assets: Abu Dhabi-listed energy producer Dana Gas has canceled plans to sell its Egypt-based onshore oil and gas assets after failing to reach an agreement on certain conditions with would-be buyer IPR Wastani Petroleum, Dana said in a statement. Dana and Wastani, which had both […]

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Eni

Eni reportedly considering to spin-off West Africa, Middle East assets

Posted: April 24, 2021 at 3:32 pm   /   Oil & Gas

Spinning off operations into new joint ventures could help reduce debt and give capital for funding energy transition plans. Italian energy company Eni is reportedly mulling the separation of its oil and gas businesses in West Africa and the Middle East in a move to cut down its debt. The company will look to spin […]

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