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 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
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
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,