concession | Egypt Oil & Gas
APEX Awarded First Blocks in Egypt
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 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
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
Beach Energy announced the sale of its subsidiary in Egypt "Beach petroleum" to Rockhopper Exploration, reported Oil voice.
Hibuscus Petroleum Wins Concession in Egypt
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 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 ...
Japan’s Inpex Headed to UAE in Concession Contest
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 N ...
EGAS Announces New Bid Round
EGAS announced a new international bid round for 2015 for 8 Blocks in the Mediterranean Sea with a total area of 11,849 km2.
