Centurion rides an African wave

Article Abstract:

Said Arrata, president and CEO of Centurion Energy International, has built positions in Egypt and Tunisia and aims to expand into Libya. Centurion Energy is poised for substantial growth from current 2005 levels through 2007.

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UAE's Dana Gas buys Centurion for $1.1 billion

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Calgary-based Centurion Energy International Inc. has agreed to be acquired by Dana Gas PJSC, United Arab Emirates-based energy company. Dana Gas has reported 63 percent growth in its shares, after the acquisition deal.

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Gazprom, Eni sign retail distribution deal

Article Abstract:

The OAO Gazprom, Russian oil company, signed a distribution agreement with Italy's Eni SpA to sell gas directly in Italian market. The cooperation deal will help Eni to expand its presence in Russia.

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