Oil & Gas Companies: News for Oil & Gas and Hydrocarbon Industries  Membership Services »
Gulf Oil and Gas grow your business
Home News Events Projects Tenders Unconventionals Community | My Account
Products and vendors Services and providers Jobs

AuDAX Acquires Kerkouane Permit Offshore Tunisia

Source: www.gulfoilandgas.com 7/23/2008, Location: Africa

Share |

AuDAX announced the acquisition of the large Kerkouane permit in offshore Tunisia has gone unconditional and has agreed with the vendor and its partner, Kairiki Energy Limited to close the acquisition by 30 July 2008.

Since receiving the data in November 2007, AuDAX has identified a large number of prospects and leads in the permit and confirmed a gas condensate field appraisal project. The total P50 un-risked recoverable resource potential could exceed one billion barrels of oil equivalent in the permit.

AuDAX has recently engaged a drilling management consultant to prepare for a high impact exploration and appraisal drilling campaign next year and continues to evaluate the remaining prospects and lead inventory. Furthermore, AuDAX and Kairiki have elected to terminate the acquisition of the SUD Craiova permit in Romania. AuDAX and Kairiki concluded that their efforts were better focused on pursuing higher potential opportunities in Romania with its AMI partner.

Oil & Gas Companies News in Tunisia >>

Boskalis Wins EUR 75 Million Dredging Contracts in Africa
Angola >>  6/25/2015 - Royal Boskalis Westminster N.V. (Boskalis) has been awarded three dredging-related contracts on the African subcontinent with a combined value of appr...
Expro Secures $100 Million Three-Year Tullow Contract
Ghana >>  6/24/2015 - International oilfield services company, Expro, has been awarded new contracts from Tullow Oil plc, Africa’s leading independent oil company. Worth in...

Axens Technologies for Upper Egypt Refinery
Egypt >>  6/16/2015 - Assiut Oil Refining Company (ASORC) has selected Axens to supply technologies for its project of refinery upgrading, which consist of a new complex fo...
Elsewedy Commences a 50 MW Solar Power Plant in Upper EGYPT
Egypt >>  6/14/2015 - Elsewedy Electric has signed the first agreement related to the development of a 50 megawatts (peak) solar photovoltaic power plant as part of the pha...

Siemens Receives Multi-Billion Energy Orders
  Egypt >>  6/3/2015 - Siemens has signed contracts worth €8 billion for high-efficiency natural gas-fired power plants and wind power installations that will boost Egypt's ...
Siemens & Elsewedy Signed EUR 2b EPC Contract for Beni Suef Power Plant
Egypt >>  6/3/2015 - ELSEWEDY ELECTRIC, the leading Integrated Energy Solution Provider in the Middle East and Africa, announces the signing of a € 2 billion contract in a...



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 


Tunisia Oil & Gas 1 >>  2 | 3 | 4 | 5 |

More News

Oil & Gas Projects in Tunisia >>

Oil & Gas Companies in Tunisia >>

Related Links

Countries Quick Links

AO BJ CD CG CI CM DZ EG ET GA GH GN GQ KE LR LY MA MG ML MR MZ NA NE NG RW SC SD SL SN SO TD TN TZ UG ZA ZM
Gulf Oil and Gas B2B marketplace:   About -  Advertising -  Competitive Intelligence -  Talent Solutions -  Membership Services Follow us on Facebook
Copyright © Universal Solutions All rights reserved. Privacy Policy. - Contact Us  Gulfoilandgas rss feed