Tuesday, 8th June 2021
The House of Representatives has approved two draft laws introduced by the government to get the green light for exploration and production (E&P) activities in South Ghareb and the Eastern Desert.
Sunday, 9th May 2021
TransGlobe Egypt production averaged around 11,009 barrels of oil per day (bbl/d) in April and recorded 10,238 bbl/d throughout Q1 2021.
Wednesday, 10th February 2021
Altus Strategies announced that its subsidiary, Akh Gold Limited, has been granted four gold exploration concessions for nine blocks in the Eastern Desert, totaling 1,565 km2 by the Egyptian Mineral Resources Authority (EMRA).
Wednesday, 16th December 2020
The House of Representatives approved a law authorizing the Minister of Petroleum and Mineral Resources (MoP) to contract for exploration and production (E&P) projects across the republic.
Sunday, 6th December 2020
TransGlobe reached an agreement with the Egyptian General Petroleum Corporation (EGPC) to merge the company’s three existing Eastern Desert concessions into a new modernized concession agreement.
Thursday, 19th November 2020
Tarek El Molla, Minister of Petroleum and Mineral Resources, announced the results of Egypt’s gold bid round, where 11 national and international mining companies won the rights for exploring 82 concession areas for gold in Egypt.
Monday, 16th November 2020
TransGlobe's production in October showed significant progress with approximately 12,162 barrels per day (bbl/d), a 1% increase from Q3 2020 and below the revised budget expectations, with Egypt producing 10,303 bbl/d.
Thursday, 22nd October 2020
Naftogaz of Ukraine’s investments in Egypt have amounted to over $535 million over the course of 14 years, Director of Naftogaz in Egypt, Fedir Baiuk, stated.
Tuesday, 20th October 2020
General petroleum Company (GPC) stated that it allocated EGP150 million for implementing 8-inches pipeline project to exploit the produced gases from “North West” field in the Eastern desert.
Tuesday, 11th August 2020
TransGlobe Egypt production averaged at 11,990 barrels of oil per day (bbls/d) in Q2 2020.