E&P
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PETRONAS Launches Malaysia Bid Round 2021
Monday, 1st March 2021
PETRONAS company announced that it has successfully launched the Malaysia Bid Round (MBR) 2021 under the theme “Grow Your Energy Portfolio With Us” through a virtual event to open more investment opportunities for investors to explore and exploit hudrocarbon resource potentials in Malaysia.
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Norway Starts Consultations on 2021 Licensing Round
Sunday, 28th February 2021
Norway commenced negotiations on 2021 licensing round offering new blocks for petroleum exploration in the Arctic Barents Sea.
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PETRONAS Achieves Gas Discovery in Malaysia
Wednesday, 24th February 2021
ETRONAS Company announced that it has achieved natural gas discovery from Dokong- 1 exploration well in Block SK 417 which is located in in the shallow waters of Baram Province at offshore Malaysia.
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Egypt Offers First Digital International E&P Bid Round in 2021
Monday, 22nd February 2021
The Egyptian General Petroleum Corporation (EGPC) and Egyptian Natural Gas Holding Company (EGAS) have offered the first digital international bid round in 2021 for petroleum exploration and production (E&P) operations in 24 Blocks at the Gulf of Suez, Western Desert and the Mediterranean.
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MoP, Schlumberger Announce Launch of Egypt Upstream Gateway
Thursday, 18th February 2021
The Ministry of Petroleum and Mineral Resources, in collaboration with Schlumberger, has launched Egypt Upstream Gateway (EUG), the first exploration and production (E&P) digital data center.
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ADNOC Awards Cosmo Offshore Exploration Concession in Abu Dhabi
Thursday, 11th February 2021
The Abu Dhabi National Oil Company (ADNOC) company has signed an exploration concession agreement with Cosmo Albahariya Limited company, a subsidiary of Cosmo Energy Holdings Co, allowing Cosmo to do exploration activities in the offshore Block 4.
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Oman, Majan Energy Sign EPSA for Developing Habhab Field
Tuesday, 9th February 2021
The Oman’s Ministry of Energy and Minerals signed an Exploration and Production (E&P) agreement with Majan Energy company for developing Block 71 in Habhab field on a distance of 282 km²ز
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Equinor Achieves New Oil Discovery in Troll Concession
Sunday, 7th February 2021
Equinor company and its partners DNO Norge, Petroro and Wellesley Petroleum have achieved the first oil discovery in 2021 at Rover North near Troll area.
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Zenith Energy Signs Cooperation Agreement with Fleet
Tuesday, 12th January 2021
Zenith Energy Company announced that it has signed a cooperation agreement with Fleet Oil and Gas Company to jointly identify and pursue oil and gas exploration and production (E&P) acquisitions in the Mediterranean, the Middle East and Africa.
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UAE Awards Eni 70% of Offshore Block 3
Monday, 21st December 2020
Eni acquired a 70% stake in the exploration offshore block 3 in Abu Dhabi where Thailand’s PTT Exploration and Production Public Company Limited (PTTEP) acquired the remaining 30% stake.
Latest News
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Egypt Launches First Natural Gas Stations App
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Official Gazette publishes Law authorizing Oil Exploration Contracts in Sidi Barrani
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Norpetco Inaugurates HSE Project with $1.3 MM
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El Molla Attends the 5th IEF-EU Energy and Climate Day
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 62.73 | +2.00% |
Crude Oil (Brent) Brent | USD/bbl | 65.70 | +1.99% |
NYMEX Natural Gas | USD/MMBtu | 2.79 | +0.65% |
OPEC Basket Price | USD/bbl | 65.42 | +2.22% |
Last Modified March 1, 2021