Zenith adds another arbitration case over Tunisia problems
Zenith is claiming at least $48 million under the ISCID case. It did not specify a value for the separate ICC proceedings.
Zenith Energy
Zenith dips out of Yemen and into Kazakhstan
Slightly more than three hours later, Zenith announced the signing of a memorandum of understanding for an asset in Kazakhstan.
Aberdeen acquisition: Well management firm Zenith Energy snaps up recruiter Prodrill
Well management firm Zenith Energy has struck a deal to acquire recruitment specialist Prodrill Energy Resource Solutions.
Zenith drops Tilapia oil dream, shifts to debt collections
Ahmed Ouenes, CEO and founder of Olive Energy, said the company had carried out work with SNPC. The two companies had drilled and produced multiple wells during 2021-22, with flow rates “much higher” than current production.
UAE signs up to UK energy plans, Masdar eyes Amsterdam
The MoU today demonstrates that “not only are we are strengthening our energy security and lowering bills for consumers in the long term, we’re unlocking huge opportunities for investment in British expertise and jobs in the process”.
Zenith strikes deal for OMV’s Yemeni assets, share price jumps
Zenith said there were near-term growth opportunities. This would involve infill drilling and sidetracks for six new wells, boosting output to 15,000 bpd.
Zenith makes Benin redevelopment offer
Zenith Energy has made an offer to take over Block 1 offshore Benin, which holds the Sèmè oilfield.
Zenith Energy alumni launch energy SPAC on London market
Ajax Resources has raised £1.34 million via an IPO on the London Stock Exchange’s Main Market.
ADM fights off shareholder, as Nigerian legal fight delays
ADM Energy’s board has seen off a shareholder activist attempt at revolution, while a legal challenge over an oilfield in Nigeria has been pushed back.
Shareholder launches bid to topple ADM directors
AIM-listed ADM Energy is coming under sustained pressure from major shareholders as it fights to hold on to a contested oilfield in Nigeria.
Zenith, ADM square off over Barracuda claims
Zenith Energy and ADM Energy appear set to clash over an oilfield offshore Nigeria, with both companies laying claim to a stake in it.
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 lands Tilapia, eyes SNPC collection
Zenith Energy has successfully bid for the Tilapia II licence, as the company closes out its Azerbaijani interests.
Zenith’s Tilapia licence expires
Zenith Energy is no longer the operator of the Tilapia licence in Congo Brazzaville, the company has said.
Zenith eyes Nigerian expansion
Zenith Energy plans to partner with a local company in Nigeria’s marginal field bid round.
Zenith pays off first tranche in Tunisia deal
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.
Small Irish terminal draws US oil with global storage site
A cluster of ships with American oil has been heading to a small terminal in southern Ireland as buyers search for places to store crude in the wake of a global demand slowdown.
Zenith extracts better terms on AAOG’s Tilapia
Zenith Energy has extracted better still terms from embattled Anglo African Oil & Gas (AAOG) on the sale of the Tilapia oilfield, in Congo Brazzaville.
Zenith cuts price for AAOG purchase
Zenith Energy has tweaked the terms under which it was to acquire the Congolese unit of Anglo African Oil & Gas (AAOG), reducing the price by 20%.
Zenith sets out drilling plans
Zenith Energy intends to drill on the Tilapia licence in Congo Brazzaville in April while planning exploration drilling in Azerbaijan this year.
Zenith set to build on impressive year of growth
Well engineering firm Zenith Energy is expecting an even better year ahead after UK office turnover soared by 80% during 2019.
Jub vs Zenith in fight for AAOG’s future
A counter offer has emerged for Anglo African Oil & Gas (AAOG), following Zenith Energy’s offer at the beginning of the week.
Zenith wades into Congo for beleaguered AAOG
Zenith Energy has struck a first deal in Africa with an agreement to buy an 80% stake in the local unit of troubled Anglo African Oil & Gas (AAOG) in Congo Brazzaville.
Aberdeen’s Zenith Energy in £1m Moroccan job
Well engineering and project management firm Zenith Energy, of Aberdeen, has started work on a £1 million, six-month contract in Morocco.
Azerbaijan-focused Zenith raises £2.2m through share placing
Azerbaijan-focused Zenith Energy has raised £2.2 million through the placing of 54.2 million new common shares.