Apache

  • MoP, MOIC Convene Multi-Stakeholder Platform

    MoP, MOIC Convene Multi-Stakeholder Platform

    Monday, 10th May 2021

    Ministry of Petroleum and Mineral Resources (MoP) convened the joint coordination cooperation platform with the Ministry of International Cooperation (MOIC), under the title “Egypt as a Regional Energy Hub: Reforms and Prospects in the Oil and Gas Sector".

  • Egypt Signs Agreement with APA to Modernize Production Sharing Contracts

    Egypt Signs Agreement with APA to Modernize Production Sharing Contracts

    Wednesday, 5th May 2021

    APA corporation announced that it has reached an initial agreement with the Egyptian Ministry of Petroleum and Mineral Resources and the Egyptian General Petroleum Corporation (EGPC) in the framework of modernizing the petroleum sector.

  • Apache, APA Corporations Announce New Holding Company Structure

    Apache, APA Corporations Announce New Holding Company Structure

    Wednesday, 3rd March 2021

    Apache Corporation announced the completion of new holding company structure to be named APA, making APA the parent holding company of Apache. It replaces Apache as the public company trading on the Nasdaq stock market under the name of APA.

  • EOG Roundtable Highlights Brownfields Development Strategies 

    EOG Roundtable Highlights Brownfields Development Strategies 

    Sunday, 18th October 2020

    H.E. Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources, asserted the importance of developing brownfields, referring to several revival strategies that were used in Egypt. The minister remarks came during Egypt Oil & Gas (EOG) Committee’s virtual roundtable titled ‘Increasing Investments in Egypt’s Brownfields Opportunities’ on Sunday, October 18.

  • Al-Sisi Licenses MoP to Contract EGPC, Apache

    Al-Sisi Licenses MoP to Contract EGPC, Apache

    Wednesday, 16th September 2020

    According to the official Egyptian newspaper, the President Abdel Fattah Al Sisi has approved the law no 167 for the year of 2019 to allow the Minister of Petroleum and Mineral Resources to contract with the Egyptian General Petroleum Corporation (EGPC) and Apache LDC.

  • Apache, Pharos Energy Offer Buying Shell’s Onshore Assets

    Apache, Pharos Energy Offer Buying Shell’s Onshore Assets

    Thursday, 27th February 2020

    Apache Corporation and London-listed Pharos Energy are among the bidders interested in buying Shell’s onshore assets in Egypt.

  • Khalda’s Investments to Reach $792 MM in FY 2020/21

    Khalda’s Investments to Reach $792 MM in FY 2020/21

    Sunday, 23rd February 2020

    Khalda Petroleum Company's (Apache) investments are expected to reach $792 million during Fiscal Year (FY) 2020/21.

  • El Molla Signs Nine E&P Agreements Worth $452 M

    El Molla Signs Nine E&P Agreements Worth $452 M

    Monday, 20th January 2020

    The Minister of Petroleum and Mineral Resources, Tarek El Molla, signed nine agreements for exploration and production (E&P) activities in the Mediterranean and the Western Desert with investments worth $452.3 million as well as a signature bonus for drilling 38 wells with $84 million.

  • House of Representatives Approves 11 Exploration Agreements

    House of Representatives Approves 11 Exploration Agreements

    Sunday, 17th November 2019

    The Energy and Environment Committee of Egypt’s House of Representatives, Chaired by Talaat El Sewedy, approved 11 projects, delegating the Minister of Petroleum and Mineral Resources, Tarek El Molla, to explore for oil in different regions.

  • Khalda Petroleum Records Highest Production

    Khalda Petroleum Records Highest Production

    Sunday, 1st September 2019

    Khaleda Petroleum Company has achieved unprecedented record numbers in its history during the last fiscal year, where the company recorded the highest daily crude oil production rate of more than 141,000 barrels and the highest annual crude oil production rate of more than 49 million barrels,