concession

  • SDX Energy Completes South Disouq Well

    SDX Energy Completes South Disouq Well

    Sunday, 5th March 2017
    SDX Energy said well location construction has been completed at the South Disouq well in Egypt.
  • APEX Awarded First Blocks in Egypt

    APEX Awarded First Blocks in Egypt

    Saturday, 3rd December 2016
    Apex International Energy has been awarded its first blocks in Egypt for a minimum investment in two concessions of $27.4m in first exploration phase.
  • Nigeria Exempted from OPEC Output Cuts

    Nigeria Exempted from OPEC Output Cuts

    Thursday, 1st December 2016
    Nigeria got special concessions as the Organization of Petroleum Exporting Countries (OPEC) reached the much sought consensus to cut oil production by 1.2m b/d, effective January 2017.
  • Sea Dragon Producing a 1000 Barrels from its Petroamir Concession

    Sea Dragon Producing a 1000 Barrels from its Petroamir Concession

    Tuesday, 11th August 2015
    Ahmad Farid Moazz, general manager of the Canadian oil exploration company Sea Dragon operating in Egypt, confirmed that the company’s total production is currently at 1,000 b/d.
  • Rockhopper Exploration Buys Beach Petroleum Egypt

    Rockhopper Exploration Buys Beach Petroleum Egypt

    Monday, 10th August 2015
    Beach Energy announced the sale of its subsidiary in Egypt "Beach petroleum" to Rockhopper Exploration, reported Oil voice.
  • Hibuscus Petroleum Wins Concession in Egypt

    Hibuscus Petroleum Wins Concession in Egypt

    Wednesday, 5th August 2015
    Malaysia's Hibiscus Petroleum Bhd. has been awarded the South East Ras El Ush concession (Block 2) in Egypt by the Ganoub El-Wadi Petroleum Holding Co. (Ganope), reported Amwal al Ghad.
  • Petrosalam Hands Over Gulf of Suez Concessions to EGPC

    Petrosalam Hands Over Gulf of Suez Concessions to EGPC

    Wednesday, 5th August 2015
    Petrosalam handed over its exploration concession Northwest October in the Gulf of Suez to EGPC, reported Al Borsa Newspaper Petrosalam began exploration work in January but had to discontinue its operations due to the declining global Brent price of oil which affected the feasibility of the project.
  • Japan’s Inpex Headed to UAE in Concession Contest

    Japan’s Inpex Headed to UAE in Concession Contest

    Monday, 27th April 2015
    Japanese oil and gas developer Inpex Corp is in final adjustments to obtain a five per cent stake in a new concession to help operate the United Arab Emirates’ biggest oilfields for $1.1 billion, public broadcaster NHK said on Monday.
  • EGAS Announces New Bid Round

    EGAS Announces New Bid Round

    Sunday, 22nd February 2015
    EGAS announced a new international bid round for 2015 for 8 Blocks in the Mediterranean Sea with a total area of 11,849 km2.
  • 40-year Onshore Concession for Total in Abu Dhabi

    40-year Onshore Concession for Total in Abu Dhabi

    Saturday, 31st January 2015
    Total has signed a new 40-year onshore concession agreement with the Supreme Petroleum Council of the Emirate of Abu Dhabi (United Arab Emirates) and the Abu Dhabi National Oil Company (ADNOC), granting Total a 10% participating interest effective January 1, 2015