United Energy (MENA) Limited, a wholly-owned subsidiary of Chinese independent United Energy Group (UEG), has acquired the upstream oil and gas assets held by US independent Apex International Energy in Egypt, UEG announced on Friday.
Libya’s Oil and Gas Minister Mohamed Aoun to Lead E&P Dialogue During African Energy Week (AEW) 2023
Following several disruptions to oil and gas activity in recent years, Libya’s energy sector is on the cusp of a transformation with new fields being brought online, production accelerating across key assets and upstream campaigns unlocking new finds in untapped acreage.
Oil and gas companies had a record year in 2022 and continued to improve their positions in the eyes of investors.