Gulf Oil and Gas accountACCOUNT

Adaptation of aAgreements Between Gaz de France and Dana Petroleum

Source: www.gulfoilandgas.com 3/30/2006, Location: Africa

Share |
The agreements signed in November 2005 between Gaz de France and Dana Petroleum have been revised. These agreements included both the transfer of Gaz de France's interests in the Touat's permit in Algeria and exchanges of exploration and production assets, allowing Gaz de France to strengthen its presence in Mauritania.

Algerian company Sonatrach did not approve the transfer of 20% of Gaz de France's interests to Dana Petroleum in the Touat permit located in the Sbaa basin, in Algeria. As a result, this specific transaction will not take place.

However, Gaz de France and Dana Petroleum are eager to pursue their cooperation and have confirmed their willingness to proceed with the exchange of exploration and production assets in the United Kingdom, Egypt and Mauritania. In the meantime, discussions have started aimed at a possible transfer of other Gaz de France assets to Dana Petroleum.

Oil & Gas Companies News in Algeria >>

Egypt >>  2/14/2018 - C-Kore Systems closed off an excellent 2017 with an installation/commissioning campaign for the Egyptian Atoll project in collaboration with Subsea 7’...
Egypt >>  2/12/2018 - BP announced the start of gas production from the Atoll Phase One project, offshore Egypt. The project, in the North Damietta concession in the East N...

Egypt >>  2/2/2018 - Petroleum Minister Tareq el Molla discussed in a meeting with CEO of Kuwait Petroleum Corporation (KPC) Nizar Mohammad Al Adsani ways of boosting bila...
Egypt >>  1/29/2018 - Yokogawa Electric Corporation announces that its subsidiary, Yokogawa Middle East & Africa B.S.C.(c), has received an order from the state-owned Egypt...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Algeria Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 |

Oil & Gas Projects in Algeria >>

More News

 

Oil & Gas Companies in Algeria >>


Related Links

AO BJ BW CD CG CI CM DZ EG ET GA GH GM GN GQ GW KE LR LY MA MG ML MR MZ NA NE NG RW SC SD SL SN SO ST SZ TD TN TZ UG ZA ZM
Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Privacy Policy.