Apache | Egypt Oil & Gas - Part 2

Egypt Signs Agreement with APA to Modernize Production Sharing Contracts

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 modernizin ...

Apache, APA Corporations Announce New Holding Company Structure

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 m ...

EOG Roundtable Highlights Brownfields Development Strategies 

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 ...

Al-Sisi Licenses MoP to Contract EGPC, Apache

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 Egypt ...

Apache, Pharos Energy Offer Buying Shell’s Onshore Assets

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 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

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 mil ...

House of Representatives Approves 11 Exploration Agreements

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 f ...

Khalda Petroleum Records Highest Production

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 a ...

Egypt Signs Four Cooperation Agreements to Train Youth

Egypt signed four cooperation agreements with a number of international oil companies (IOCs), including Apache, BP, ENI and Kuwait Energy to train young and middle management calibers.

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