blocks | Egypt Oil & Gas

EGAS Awards 6 Blocks to International Companies to Boost Exploration

The Egyptian Natural Gas Holding Company (EGAS) has awarded six new blocks to several international companies to maximize exploration investments. The investments injected are estimated at $245 million, and at least 1...

MoPMR Awards Seven New Oil, Gas Exploration Blocks

The evaluation of offers for seven new exploration and production blocks under the Egyptian General Petroleum Corporation (EGPC) has been finalized as part of the Ministry of Petroleum and Mineral Resources’ str...

Iraq Invites Foreign Companies to Bid for 11 Gas Blocks in New Areas

Iraq, OPEC’s second-largest producer after Saudi Arabia, has invited foreign companies to bid for contracts to explore and develop natural gas reserves in 11 new blocks, Reuters reported. According to a statement rele...

PETRONAS Awards Six Blocks for E&P in Malaysia 

PETRONAS announced that it has awarded six blocks for exploration and production (E&P) operations from 13 offshore exploration blocks offered in the recently concluded Malaysia Bid Round (MBR) 2021. The six blocks...

South Sudan Launches First Oil Licensing Round

The Ministry of Petroleum (MoP) of South Sudan announced the launch of its first oil licensing round, according to a statement. Sudan’s MoP said that it had found potential hydrocarbons in new blocks, so it coll...

PETRONAS Launches Malaysia Bid Round 2021

PETRONAS company announced that it has successfully launched the Malaysia Bid Round (MBR) 2021 through a virtual event, under the theme “Grow Your Energy Portfolio With Us”, a relevant statement published on its websi...

Kenya Creates 17 New Oil Exploration Blocks

Kenya has created an extra 17 new oil exploration blocks, bringing its total to 63, and aims to auction them in a licensing round in 2017, Kenyan newspapers quoted Ministry of Energy and Petroleum saying, Reuters repo...

Uganda Bid Round Meant to Launch Country as Major Oil Producer

The Ugandan government announced on Tuesday that it had authorized 16 international firms to bid for oil exploration rights in six blocks, said US News and World Report. The companies listed include firms from Russia,...

Petsec Energy to Acquire Yemen Blocks

Petsec Energy has executed an agreement with Oil Search Limited to acquire all the shares of its subsidiary Oil Search (ROY) Limited which holds a 34% participating interest in Block 7, Al Barqa Permit, in the Republi...

Algeria to launch first offshore blocks

Algeria intends to launch a licensing round including offshore blocks for the first time within the next two years, according to Minister of Energy and Mining of Algeria, Youcef Yousfi. The move is in line with its pl...

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