Oryx Petroleum Corporation Limited and Zeg Oil and Gas Ltd have announced that they have entered into a definitive agreement whereby Zeg Oil has subscribed for and been issued 75.7 million common shares of the Corporation for consideration of $30 million. In addition, Oryx Petroleum intends to contract with an affiliate of Zeg Oil for […]
Tag Archives | Zagros Energy
Tags: Demir Dagh, DJ, featured, Hawler field, Kurdistan News, Netherland Sewell & Associates (NSAI), Oryx Petroleum, Western Zagros, Zagros Energy, Zeg Oil and Gas, Zey Gawra
ABB Wins $30 Power Grid Order
ABB has won an order worth around $30 million from Zagros Energy to build four new transmission and distribution substations in the Kurdistan region of Iraq, as part of an overall initiative to expand and strengthen the regional power grid. The order was booked in the second quarter. Demand for reliable power is growing at […]