bid rounds | Egypt Oil & Gas - Part 2

Sawiris Negotiates to Gain 51% of Shalateen Mining Company

Egyptian billionaire businessman, Nagiub Sawiris, said that he is negotiating with the government to acquire 51% stake in the state-owned Shalateen mining company, which comes in parallel with his objectives to enter ...

Shell Wins Two Concessions in Red Sea Licensing Round

Shell Egypt N.V. has been awarded two concessions in the Red Sea bid round, which was launched in March 2019, according to a statement by the company. The first concession is located in Block 4 which was awarded to Sh...

Shell Starts Drilling First Exploration Well by End of August

Shell announced that the “Discoverer India” Drillship will begin drilling its first exploration well “Montu”at a depth of 6,000 meters below sea level in the West Delta Deep Marine (WDDM) concession by the...

Lebanon Promotes Second Offshore Bid Round

Lebanon’s Minister of Energy and Water Nada Boustani inaugurated a consultation workshop with a number of oil and gas companies, the Lebanese National News Agency reported. The workshop was held at Beirut’...

GANOPE Extends Deadline for Red Sea Bid Round

Ganoub El Wadi Petroleum Holding Company (Ganope) has extended the deadline for receiving offers for its international bid for oil and gas exploration in the Red Sea to mid-September, instead of August, to allow more ...

Ministry of Petroleum to Launch Bid Rounds in West Mediterranean

The Ministry of Petroleum and Mineral Resources is planning to launch a new bid round in Q3 2019 for natural gas exploration in the West Mediterranean region, Al Ahram reported. The ministry pointed out to the importa...

EGAS to Put 11 Gas Exploration Blocks for Bid Rounds

The Egyptian Natural Gas Holding Company (EGAS) plans to put 11 natural gas exploration blocks for bid rounds in the western Mediterranean by Q1 2020, a source from the company told Al Shorouk. EGAS has finalized seis...

Kuwait Announces Potential Bidders for Gas Project

Kuwait Oil Company (KOC) has pre-qualified 17 international companies to bid for a project to increase natural gas production in its northern fields and the tenders will be issued within one month, Zawya reported, cit...

Qatar Petroleum Launches Bids to Expand LNG Storage

Qatar Petroleum has issued bids for engineering, procurement, and construction (EPC) work to expand its liquefied natural gas (LNG) storage, and the loading and export facilities for its north field expansion project,...

Egyptian Oil, Gas Companies to Participate in Lebanese Bid Rounds

Egyptian oil and gas companies are ready to participate in oil and gas bid rounds offered in Lebanon, Al Mal News reported. Egypt’s Prime Minister Mostafa Madbouly discussed economic cooperation with the Lebanes...

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