North Africa News

 

Chevron Backs Out of Anadrako Takeover Battle

May 09, 2019

US oil major Chevron has stated that it will not make a counter proposal for Anadarko Petroleum, following Occidental's counter bid. Chevron said that: 'Under the terms of its previously announced merger agreement with Anadarko Petroleum Corporation, it will not make a counterproposal and will allow the four-day match period to expire. Accordingly, Chevron anticipates that Anadarko will terminate the merger agreement…

Chariot Eyes 1 Tcf in Moroccan Licence

May 09, 2019

UK-based Atlantic focused explorer Chariot Oil & Gas says its Anchois-1 gas discovery and nearby prospects in the Lixus Offshore Licence, off Morocco, contains 1 Tcf.Following completion of an independent competent persons report (CPR), it also says a nearby prospect…

Current News

Exxon to Load First Crude from Guyana This Weekend

Exxon to Load First Crude from Guyana This Weekend

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Middle East: Offshore Drilling Spend Set to Soar

Saipem, Italian Police Sign Cyberattack Prevention Deal

Saipem, Italian Police Sign Cyberattack Prevention Deal

TAQA Taking Over as Brae Field Operator

TAQA Taking Over as Brae Field Operator

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