United Oil & Gas provides Jamaica and Egypt update
"We are encouraged by the continued progress in relation to the farmout process in Jamaica"
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"We are encouraged by the continued progress in relation to the farmout process in Jamaica"
Egypt is working on boosting oil production by 11 percent in 2023, up to 650 thousand barrels per day, compared to 587 thousand, Bloomberg reported Sunday.
Bringing the energy to rail industry customers in Egypt
RIYADH: Egyptian private equity firm B Investments plans to invest 2 billion Egyptian pounds ($67.3 million) in the health and food sectors in 2023, revealed the company’s top executive. The company’s chairman of the board of directors Hazem Barakat disclosed to Asharq that the new investments will be financed by making exits from some of its existing assets. He revealed that
United Oil & Gas PLC (AIM:UOG) has reported more success from the drilling at its Abu Sennan licence, onshore Egypt, with the ASD-2 development well hitting...