Search results for: Genel

656 results

A list of search results

  • 13 July 2015
    Business & Finance

    Genel Energy has reshuffled its management positions announcing new Chairman and CEO. The company has said that its Chairman Rodney Chase has resigned, making way for Tony Hayward, who will in turn set free his CEO position for Murat Özgül, previously President, Turkey and KRI. Özgül has also been appointed to the board. Describing Hayward’s and Özgül’s […]

  • 24 April 2017
    Business & Finance

    Tony Hayward, former CEO of the oil major BP, is leaving his chairman position at Genel, an independent oil and gas exploration and production company. Genel said on Monday that Hayward would retire as a director and chairman of the company at the conclusion of the 2017 annual general meeting which will be held on June 6, […]

  • 23 February 2016
    Business & Finance

    Genel Energy, an independent oil and gas exploration and production company with assets in Morocco and Côte d’Ivoire, has announced that Jim Leng has indicated his intention to retire from the Board of Genel at the AGM in April 2016.  Jim Leng has served over five years at Genel as Non-Executive Director, Senior Independent Director […]

  • 22 May 2013
    Business & Finance, Operations & Maintenance, Project & Tenders

    Global oil services provider AGR Petroleum Services has signed an £18million/ NOK 160 million contract with Genel Energy. The company is to deliver Well Management services for Genel Energy’s North/West Africa offshore drilling campaign. The contract, secured by AGR’s Aberdeen-based team, involves provision of full Well Management and associated services, including drilling engineering and planning […]

  • 19 January 2016

    Genel Energy has informed that Sir Graham Hearne has indicated his intention to retire from the Board of Genel Energy at the 2016 AGM. In addition Genel Energy has today appointed Simon Lockett as an independent non -executive director with immediate effect. He will also become a member of the Remuneration and HSSE Committees of […]

  • 31 December 2015
    Project & Tenders

    Genel Energy has informed that no hydrocarbons have been found at its exploration well offshore Ivory Coast. The company on Thursday said that the Aigle-1X exploration well on the CI-508 licence was process of being plugged and abandoned after failing to encounter hydrocarbons. The completion of this well concludes Genel’s committed Côte d’Ivoire drilling programme, the company added.

  • 24 December 2012
    Business & Finance

    Mediterranean Oil & Gas Plc has announced that it has signed the two key contracts with Genel Energy Plc (“Genel”) that enable Genel’s acquisition of a 75% working interest in MOG’s wholly owned subsidiary, Phoenicia Energy Company Limited (“PECL”). This follows the Government of Malta granting a one year extension to January 2014 of the […]

  • 1 March 2013

    Mediterranean Oil & Gas Plc has completed the sale of 75% of MOG’s shareholding in its wholly owned subsidiary, Phoenicia Energy Company Ltd (“PECL”), to Genel Energy plc (“Genel”). PECL owns the rights to exploration activity in Malta Offshore Area 4. Under the terms of the sale agreement Genel has acquired MOG’s 75% interest for […]

  • 4 September 2014
    Business & Finance, Project & Tenders

    Genel Energy plc has announced that the Dilolo-1 exploration well on Block 39 offshore Angola is in the process of being plugged and abandoned after failing to encounter hydrocarbons.

  • 2 February 2015
    Business & Finance

    Genel Energy plc has announced that Julian Metherell has informed the board of his intention to retire from the company, with effect from the close of the Annual General Meeting on April 21, 2015. Julian Metherell’s successor as Chief Financial Officer will be Ben Monaghan, who is currently the Head of Europe, Middle East and […]

  • 4 February 2013
    Business & Finance, Operations & Maintenance

    Tangiers Petroleum advises that a detailed 3D seismic program has highlighted the significant upside for the Company at its Tarfaya offshore block in Morocco. The seismic data, which Tangiers has just finished processing, confirms the Trident prospect and secondary objectives at Assaka and TMA potentially contain up to 750 million barrels of recoverable oil with […]

  • 23 August 2012
    Business & Finance

    Serica Energy plc has announced that Genel Energy plc will be joining Serica’s wholly owned subsidiary Serica Sidi Moussa B.V. (“Serica”) and its partners, San Leon Offshore Morocco B.V. and Longreach Oil and Gas Ventures Limited, in the exploration of the set of permits which comprise the Sidi Moussa Offshore area (“Sidi Moussa”) in Morocco. […]

  • 22 May 2013

    Norway’s AGR Petroleum Services has signed a 160 million NOK ($27.6 mln) contract with Genel Energy to deliver well management services for Genel Energy’s North, West Africa offshore drilling campaign.  Under the terms of the contract, AGR will provide full well management and related services, including drilling engineering and planning services, supply chain management and operations support for Genel Energy’s high impact […]

  • 2 May 2018
    Operations & Maintenance, Project & Tenders

    Shearwater GeoServices, a joint venture between GC Rieber and Rasmussengruppen, has secured two contracts to acquire 3D seismic data in Morocco and West Africa. The scope of the first contract includes 3D seismic acquisition for Genel Energy in the Sidi Moussa license offshore Morocco. The second contract Shearwater has secured is a five months contract for an undisclosed client […]

  • 25 April 2014
    Business & Finance

    Genel Energy plc intends to issue $400 million in aggregate principal amount of senior unsecured bonds maturing in 2019.   The oil explorer, run by former BP CEO Tony Hayward, said it would employ net proceeds from the Bonds towards a combination of field development costs as well as general corporate purposes. The interest rate, issue […]

  • 3 July 2014
    Project & Tenders

    Genel has failed to find oil at its Hagar Qim 1 well, offshore Malta, a partner in the block has reported.

  • 8 September 2014
    Business & Finance, Operations & Maintenance

    San Leon Energy, the company focused on oil and gas exploration in Europe and North Africa, has acquired the working interest offshore Morocco from Petromaroc Corporation PLC, previously called Longreach Oil and Gas. San Leon has acquired Petromaroc’s 1.5% net working interest in the Sidi Moussa licence, offshore Morocco. The drilling of the SM-1 well […]

  • 1 May 2013

    Genel Energy has signed a drilling rig contract with Noble Corporation for its African offshore drilling programme. The Noble Paul Romano deepwater, semi-submersible rig will be used to deliver a high impact drilling campaign over a 2 year period, starting in the last quarter of 2013. The rig, which is currently undergoing a special 5 […]

  • 20 October 2014
    Exploration & Production, Project & Tenders

    Serica Energy plc has informed that the SM-1 well in the Sidi Moussa block offshore Morocco has reached a total depth of 2,825m MDBRT (measured depth below rotary table) and encountered oil during drilling operations.  Preparations are underway to perform cased hole testing. Tony Craven Walker, Chairman and CEO of Serica said, “We are at a […]

  • 4 January 2013

    Leni Gas & Oil yesterday issued proceedings against Mediterranean Oil and Gas Plc (“MOG”) in the High Court of England and Wales in regard to the Company’s 31 July 2012 sale of its 10% interest in Malta Area 4 PSC to MOG. Leni’s Chief Executive, Neil Ritson said: “We have repeatedly asked MOG to answer […]

  • 23 May 2013

    Mediterranean Oil & Gas Plc (MOG) has reached agreement with Genel Energy Plc to enable the deep-water semi-submersible drilling rig, the Paul Romano, which Genel has contracted with Noble Corporation, to drill one exploration well offshore Malta Area 4 in the fourth quarter 2013. The Paul Romano will drill the Hagar Qim 1 exploration well in […]

  • 7 March 2014

    Genel Energy has informed that the JM-1 well on the Cap Juby prospect, offshore Morocco, has encountered oil shows.