SDX Announces New Discovery in West Gharib
The production capacity of the new well is estimated at 415 barrels per day (b/d).
E&P | Egypt Oil & Gas - Part 13
ADES Extends Algeria’s Onshore Rig Contract
ADES International signed a one-year extension contract for an Algerian onshore rig.
El Sisi Follows Up on Gas Exploration Activities
President Abdel Fattah El Sisi held a meeting on June 23 to follow up on some of the petroleum sector major projects, especially exploration and production in natural gas and oil fields, as well as delivering natu ...
EGPC to Increase Oil Production by 50,000 b/d
The Egyptian General Petroleum Corporation aims to increase its production of crude oil and condensates by 50,000 barrels per day (b/d), bringing its total production to nearly 710,000 b/d by mid-2020.
El-Molla Discusses Cooperation Projects in Lebanon
Egypt and Lebanon agreed in May to increase cooperation in the energy sector, during the meetings of the High Joint Committee between the two countries.
Bahrain to Allow Foreign Ownership of Extraction Projects
Bahrain plans to allow international companies to own 100% of oil and natural gas extraction projects.
Tunisia to Boost E&P Activity
After years of a decline in E&P activities, the Tunisian government granted 30 exploration licenses, alongside the development of 13 new wells.
El Sisi Approves E&P Agreement in GOS
According to the agreement, the company will search for and develop oil at the Ras Budran and El Zeit Bay oil fields in the Gulf of Suez (GOS).
Chevron Eyes Oil, Gas Opportunities in Red Sea
El Molla pointed out that the ministry’s commitment to secure an investment attractive climate will encourage big international oil companies (IOCs) to invest in Egypt.
Shell Awaits Red Sea E&P Tender
Shell Egypt is waiting for the bid round to be launched in order to study the possibility of bidding in it, based on studying data and information related to the concessions in the bid round.
