Energean is in exclusive talks to acquire selected bp upstream oil and gas assets in Egypt in a deal that could be worth around $1bn, strengthening its presence in the country’s offshore energy sector. Energean is in exclusive discussions with bp to acquire a portfolio of upstream oil and gasContinue Reading

Eni has announced the start-up of hydrocarbon production from the Sabratha Compression Project, a major offshore development designed to sustain and increase natural gas production from Libya’s Bahr Essalam field, located approximately 100 kilometres off the country’s coast. Developed in partnership with Libya’s National Oil Corporation (NOC) through the MellitahContinue Reading