Zenith adds more Tunisian production with Candax deal
Zenith Energy has struck a deal to acquire a 45% stake in Tunisia’s Ezzaouia concession, under a deal with Candax Energy.
Zenith Energy has struck a deal to acquire a 45% stake in Tunisia’s Ezzaouia concession, under a deal with Candax Energy.
Serinus Energy’s “shackles are off”, the company’s CEO Jeffrey Auld has said, with a newfound focus on generating cash and modest drilling plans.
Tunisia holds opportunities for investors, but government processes and local unrest have slowed developments.
Upland Resources is closing in on the reprocessing of seismic on what could be an area of interest in Tunisia.
58 Egyptian offshore workers have finally returned home, four months after their initial two-month stint ended.
Algeria’s Sonatrach has signed a deal with Societe Tunisienne de l'Electricite et du Gaz (STEG) extending gas supplies.
Zenith Energy has paid $250,000 to Kuwait Foreign Petroleum Exploration Co. (KUFPEC) as a first payment for its acquisition of the Sidi El Kilani concession in Tunisia.
Panoro Energy has reported higher production in the first quarter but lower revenues, as a result of fewer liftings and lower prices.
Additional drilling at Gabon’s Dussafu Marin licence has been deferred because of coronavirus, BW Energy has said, blaming international travel restrictions.
Panoro Energy will drill a production well in Tunisia in May, while three workovers are under way and should be on line by the end of March.
Production has officially begun from the Nawara field in Tunisia, the North African state’s Prime Minister Youssef Chahed said.
The CEO of Anglo African Oil & Gas (AAOG) has resigned in order to spend more time with Anglo Tunisian Oil & Gas (ATOG).
Tunisia’s biggest energy project -- a long-delayed, $1.2 billion joint venture with Vienna-based OMV AG -- will start producing natural gas by the end of the year, the country’s industry minister said.
Tunisia has recently elected a new president, demonstrating the strength of its democratic institutions. The country’s hydrocarbons industry continues to struggle, though.
Tunisia has accepted Upland Resources' application for an exclusive licence for onshore hydrocarbon exploration and appraisal.
Lawyer and Middle East business expert Hugh Fraser has been inducted into a global networking initiative set up to help Scottish firms break international markets.
Italian firm Eni has signed a cooperation agreement on renewable energy with Tunisia’s state oil company, Etap.
Petrofac is remaining tight-lipped on reports it plans to leave Tunisia if protests over jobs continue, according to reports.
Gulfsands Petroleum has had a two-year extension to its Chorbane Licence ratified by the Tunisian authorities.
Independent Resources has identified hydrocarbon prospects at its Ksar Hadada permit in Tunisia.
The Tunisian authorities have approved an application from Circle Oil to renew the exploration permit on its Mahdia block.
Independent Resources has struck an exclusive agreement with Scotforth Limited to carry out a remote sensing hydrocarbon survey at its Ksar Hadada permit in Tunisia. The survey is expected to be completed within six weeks.
Mazarine Energy has made an oil discovery in Tunisia with its partner ETAP. The find was made in the Cat -1 (Chouchet El Atrous) well in the Zaafrane permit by the company’s subsidiary Mazarine Energy Tunisia. Mazarine Energy executive chairman Edward Van Kersbergen said: “We are delighted to announce the first discovery in the Zaafrane permit.
Gulfsands Petroleum has removed its chief executive. Mahdi Sajjad has been replaced by Alastair Beardshall as executive chairman with immediate effect. The oil and gas company, which operated in the North African region, said Sajjad would remain as a director of the company.