Category: Latest News
La Compagnie Nationale de l’Énergie Algérienne Œuvre Pour la Saisie de l’Actif Gaz de la Compagnie Britannique d’ Énergie et Réclame de Plus de 1 Milliard de Dollars Americains
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15 avril 2021 Sonatrach, société nationale d’énergie algérienne, a mis fin à l’intérêt contractuel détenu par la société britannique Sunny Hill Energy via sa filiale à 100% détenu par Petroceltic Ain Tsila dans le champ gazier d’Ain Tsila, sud-est de…
Read Moreتسعى شركة الطاقة الوطنية الجزائرية للحجز على أصول من الغاز تمتلكها شركة الطاقة البريطانية وتواجه مطالبة بأكثر من مليار دولار أمريكي.
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15 أفريل 2021 أنهت سوناطراك شركة الطاقة الوطنية الجزائرية ، الحصة التعاقدية المملوكة من شركة ساني هيل إنيرجي البريطانية من خلال فرعها المملوك بالكامل بتروسلتيك عين تسيلا في حقل غاز عين تسيلا في جنوب شرق الجزائر. استثمرت شركة ساني هيل…
Read MoreAlgerian National Energy Company Acts To Seize U.K. Energy Company Gas Asset And Faces Over US$1 Billion Claim.
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April 15, 2021 Sonatrach, Algeria’s national energy company, has terminated the contractual interest held by the U.K. company Sunny Hill Energy through its wholly owned subsidiary Petroceltic Ain Tsila in the Ain Tsila gas field in southeast Algeria. Sunny Hill…
Read MoreSunny Hill Energy Limited reaches settlement with Egyptian government and sells its Egyptian oil & gas assets
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10 September 2020 Sunny Hill Energy Limited announces the settlement of the disputes with the Government of Egypt and EGPC (the state oil and gas company) regarding lack of payment for past production and related matters. Consequently, arbitration proceedings before…
Read MoreTHE AIN TSILA GAS FIELD – A SAVIOUR FOR ALGERIA’S AILING ENERGY SECTOR
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At last there is hope for Algeria’s ailing energy sector. The Ain Tsila gas field which has long been recognised by analysts as one of the prime remaining energy assets in North Africa is finally being developed. Just under a…
Read MoreSunny Hill Energy Limited Sells Petroceltic S.à.r.l.
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Sunny Hill Energy Limited announces the completion of the sale of the entire issued share capital of Petroceltic S.à.r.l. and its wholly-owned subsidiary, Petroceltic Bulgaria EOOD, to a third party for an undisclosed amount on 28 May 2019.
Read MorePetroceltic Rebrands as Sunny Hill Energy
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Petroceltic Rebrands as Sunny Hill Energy The development reflects the Company’s strong operational progress and long- term positive outlook LONDON-Petroceltic International Plc, today announces that it has rebranded as Sunny Hill Energy (“Sunny Hill”). Sunny Hill invests in large-scale and…
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Egyptian Government drawn into energy dispute
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Petroceltic EGPC EGYPTIAN GOVERNMENT DRAWN INTO ENERGY DISPUTE In a development that will potentially damage Egypt’s reputation as a place for foreign investment, the Government of Egypt has now become a party to the dispute between the UK energy…
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Petroceltic Ain Tsila Ltd. awards $1bn EPC contract to Petrofac
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Petroceltic Ain Tsila Ltd. awards $1bn EPC contract to Petrofac Petroceltic announces the award of the $1BN engineering, procurement and construction (EPC) contract to Petrofac to develop the Ain Tsila gas condensate field in Algeria Petroceltic Ain Tsila Ltd…
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Petroceltic EGPC
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Petroceltic EGPC Petroceltic, the UK incorporated international energy company, announces today its intention to commence arbitration proceedings in the World Bank-managed International Centre for Settlement of Investment Disputes against the Egyptian General Petroleum Corporation (“EGPC”), the Egyptian State-owned oil &…
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