Noble Energy has sold its 43.5% stake in Israel’s Tamar natural gas field, a week after announcing that it will fund a natural gas export deal with Egypt, according to reports. The Texas-based firm has sold all of its 40 million shares in the Tamar field for $4.26 each through the Tel Aviv Stock Exchange. The announcement
American renowned Oil and natural gas exploration and production company Noble Energy limited has announced acquisition of its minor rival Rossetta Resources Incl in a deal valued at $ 2.1 billion. In the concessions, Noble Energy will take over Rossetta’s stock including its net debts valued at approximately $1.8 million as of Mach 2015. The
Egypt is working on a new model for future oil and natural gas production contracts in undeveloped areas to spur exploration and help become self-sufficient in energy, oil ministry and company officials said. The most populous Arab nation is seeking to transform itself into a gas re-exporting hub on the doorstep of energy-hungry Europe, and
Noble Energy, Delek Drilling and Egypt East Gas Company have purchased a 39% stake in the Eastern Mediterranean Gas Company paving the way for Israel to begin exporting natural gas to Egypt, Noble announced in a press release. The Eastern Mediterranean Gas Company owns the subsea EMG pipeline that runs from the Israeli city of Ashkelon
The discovery of oil is the kind of news that usually excites developing nations in many of which instances, the countries will focus on the prospective oil wealth as a potential trigger to the nation’s financial triumph. But for the beleaguered small-scale subsistence farmer who sits at the tail end of the social radar, such
Here is a list of gas and oil companies operating in each of the oil producing countries. The countries are in Alphabetical order. Angola Sonangol – angola oil gas exploration and production company Contact: , Phone: (+24) 42 33 44 48, Fax: (+24) 42 39 17 82 Luanda, ANGOLA, Africa www.sonangol.com Cabinda Gulf Oil Company Ltd,
Here is a list of the major Oil and Gas comapanies Abu Dhabi National Oil Company (ADNOC). AGIP (Azienda Generale Italiana Petroli) since 1998 ENI-Agip Exploration and Production. Alliance Gas (now: STATOIL). Amerada Hess. Anadarko. Anglo Siberian Oil Company plc. Anonima Petroli Italiana (API) Anzoil ARCO (Atlantic Richfield Company) = BP-Amoco. Aruba Petroleum. Australian Oil & Gas