Chevron Cyprus, a subsidiary of the U.S.-headquartered oil major Chevron, and its partners, BG Cyprus (Shell) and NewMed Energy, have made inroads in securing a binding agreement for the sale of gas to Egypt from an offshore gas field reservoir in Block 12, located in the Eastern Basin of the Medite
Norwegian oil and gas player Vår Energi has sealed a business combination deal with BlueNord, breathing life into what is described as the largest independent producer of oil and gas in Europe.
