SacOil acquires Egypt's Lagia oilfield

South Africa’s SacOil has agreed to acquire Egypt’s Lagia onshore oilfield from Toronto-listed Mena Hydrocarbons for shares and debt repayments worth up to $14.1 million.

Development deal: Thabo Kgogo's SacOil makes Egypt entry
Development deal: Thabo Kgogo's SacOil makes Egypt entry
Published 10 September 2014, 08:33Updated 10 September 2014, 08:42
Middle EastNorth Africa