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Circle Oil starts oil production in EgyptOil and gas exploration company, Circle Oil has announced its first oil production in Egypt at the Al Amir Development Lease area in the North West Gemsa Permit. Production started at 1,450 barrels of oil per day and is expected to reach a More… |
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Libya boosts stake in Circle OilLibya Oil Holdings has raised its stake in Circle Oil, a global oil and gas exploration and development company, to 29.66 per cent with an investment of £19 million ($33.5 million), thus becoming a major shareholder in the company. Libya O More… |
