Continental Focus, International Reach

Petroceltic Becomes Sunny Hill Energy

Thursday, May 2, 2019

Petroceltic International has been renamed Sunny Hill Energy. The privately held investment company holds a large interest in Ain Tsila gas and condensate field under development in Algeria and owns oil and gas concessions in Egypt.

Sunny Hill has a significant ownership in the Ain Tsila project. The company plans to develop the resources, making Ain Tsila one of the largest gas production fields to come online in the country in recent times. The partners just recently awarded a lump-sum EPC contract to Petrofac for the project.

Sunny Hill also holds assets in Egypt onshore the Nile Delta. The company has three concessions that produce gas and are operated through the Mansoura Petroleum Company, a joint operating company with the Egyptian Government.