Israel is inviting international oil companies to further explore its offshore waters for natural gas, Israel’s Minister of National Infrastructure, Energy and Water Resources Yuval Steinitz announced.
Texas-based Noble Energy believes the Egyptian gas market is still open to other players despite the recent discovery of the massive Zohr prospect within Egyptian waters.
Bapetco has added an exploratory well in its Abyad fields in the Western Desert to production, at a rate of 38 mcf of gas and 1,000 barrels of condensate a day.
Egypt’s President Abdel-Fattah El-Sisi ratified six oil and gas exploration contracts worth a combined $2.2b on Tuesday, the Ministry of Petroleum said.
Energean Oil & Gas has appointed AGS–Afro to conduct a 2D seismic survey in its West Kom Ombo concession area, in support of the company’s new $6m investment program in Egypt.
BP Plc announced on Wednesday that it had been awarded three new offshore exploration blocks in Egypt with a total investment commitment of $229 m from BP and its partners