Continental Focus, International Reach

Eland Updates Gbetiokun Field

Eland Oil & Gas through its JV subsidiary, Elcrest Exploration and Production Nigeria, following the successful infill drilling on Opuama, reported development operations continue as planned on the Gbetiokun field. The OES Teamwork Rig has re-entered the Gbetiokun-1 discovery well, which encountered some 15 oil bearing reservoirs, as part of the initial phase of the […]

November 19, 2018 Read More

Gulf Capital Sells Stake in Egypt’s Medco Plast

Gulf Capital’s portfolio company, Middle East Glass (MEG), successfully sold a 74% stake in its petrochemical (PET) subsidiary, Medco Plast for Packing and Wrapping Systems in Egypt, to Indorama Ventures Public Company Limited (IVL). Medco Plast is a leading manufacturer of PET preforms, injection molded products and closures for local and multinational clients, primarily in […]

November 19, 2018 Read More

Schlumberger Introduces New Well Testing Technology

Concert well testing performance real-time technology delivers actionable information for better decision making and safer operations ABU DHABI, November 14, 2018—Schlumberger today introduced Concert* well testing live performance technology at the Abu Dhabi International Petroleum Exhibition & Conference. The new technology brings real-time surface and downhole measurements, data analysis, and collaboration capabilities to well testing. […]

November 19, 2018 Read More