Egypt, Apache Discuss E&P Objectives in the Western Desert
The meeting reviewed available opportunities for the company to pump new investments in the E&P field.
The meeting reviewed available opportunities for the company to pump new investments in the E&P field.
Investments in the oil and gas sector's E&P recorded $2.6 billion, the report noted, revealing that exploration and development in the South Valley recorded $4.7 million.
The country's refinery production capacity ranged between 500,000 and 550,000 tons in February 2019, covering around 50% of consumption, Ezz El Regal noted, adding that Egypt secures the remaining amounts through ...
The agreement was signed in Nicosia in September 2018 in order to facilitate natural gas delivery from Cyprus to Egypt's liquefaction plants in Idku and Damietta.
A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.
Private sector companies stopped applying for natural gas import licenses as Egypt’s natural gas production grew to 6.8 bcf/d achieving self-sufficiency with surplus of exports.
The platform has made 4 million tons worth of petroleum trade movements in 2018, recording 52% increase from 2017.
Companies will have to submit their offers maximum by August 1st, 2019. Meanwhile, the designated agreement will have certain terms and conditions.
The bid round will be open for 10 exploration blocks in Egypt's territorial waters in the Red Sea
Vantage's Tungsten Explorer drillship will be responsible for drilling a firm well, with an option to drill three more wells. The drilling program is planned to be completed in 77 days.