concession | Egypt Oil & Gas

Dana Gas Receives $50 Million Payment from Egypt, Reducing Arrears

Dana Gas, the Middle East’s largest private sector natural gas company, has received a $50 million payment from the Egyptian government, reducing overdue receivables, according to a press release issued by the com ...

Apex to Pump More Investments to Expand its Projects in Egypt

Apex International Energy President & CEO Thomas Maher has stated that the company plans to pump more investments to implement its expanding program during the coming period in Egypt, noting that it has drilled 13 ...

SDX Energy Completes South Disouq Well

SDX Energy said well location construction has been completed at the South Disouq well in Egypt.

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 ...

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