IOC E&P Investments to Reach $11B during FY 2018/19
International oil companies (IOCs) aim to increase exploration and production (E&P) investments to reach $11 billion by the end of fiscal year (FY) 2018/19, compared to $10 billion in FY 2017/18.
International oil companies (IOCs) aim to increase exploration and production (E&P) investments to reach $11 billion by the end of fiscal year (FY) 2018/19, compared to $10 billion in FY 2017/18.
The Omani Ministry of Oil and Gas has signed two new exploration and production sharing agreements (ESPA) worth $65 billion to explore and develop the onshore concession blocks 51 and 65.
The Ministry of Petroleum will open bidding for exploration and production (E&P) contracts in the Red Sea within the coming two weeks.
Egypt has reviewed financial offers for the exploration and production (E&P) tender launched for Egyptian concessions.
The Egyptian General Petroleum Corporation (EGPC) is preparing to sign contracts related to the exploration and production (E&P) tenders it launched in 2018.
The Egyptian government is working on having a new exploration and production (E&P) contract model for future oil and natural gas operations in undeveloped areas.
Egyptian Minister of Petroleum Tarek El Molla met with Anuar Taib, Executive Vice President & CEO Upstream at Petronas, to discuss available opportunities for exploration and production (E&P) in the Red Sea.
Oil minister Tarek El Molla has signed three new exploration contracts to drill 15 wells in the Mediterranean and the Western Desert with an investment budget of $139.2 million and a $55 million signing grant.
The Egyptian General Petroleum Corporation (EGPC) signed a $9 million agreement with Apache on July 18 to drill seven oil wells in the East Bahariya concession in the Western Desert with a signature grant of $30 m ...
Egyptian petroleum minister Tarek El Molla met with the UK's Investment Minister, Graham Stuart, to discuss increasing the joint investments between the two countries in the oil and natural gas industry.