E&P | Egypt Oil & Gas - Part 13
Shell, ExxonMobil to Return to Somalia
Royal Dutch Shell and ExxonMobil are considering a return to Somalia ahead of an oil block bid round later this year, Reuters reported. The Somali Ministry of Petroleum revealed that an agreement was signed in Amsterd...
SDX Announces New Discovery in West Gharib
SDX Energy announced a new oil discovery at the Rabul-7 development in the West Gharib Concession, Egypt Oil & Gas reports. The new well is 50% owned by the company and was drilled at a depth of 5,323 feet, with a...
ADES Extends Algeria’s Onshore Rig Contract
ADES International signed a one-year extension contract for an Algerian onshore rig, Pipeline Oil and Gas Magazine reported. “We are particularly pleased with the extension for Rig 828 in Algeria which is a strong end...
El Sisi Follows Up on Gas Exploration Activities
President Abdel Fattah El Sisi held a meeting on June 23 to follow up on the petroleum sector projects, especially natural gas and crude oil exploration and production (E&P), Al Ahram reported. El Sisi directed th...
EGPC to Increase Oil Production by 50,000 b/d
The Egyptian General Petroleum Corporation (EGPC) 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, Amwal Al...
El-Molla Discusses Cooperation Projects in Lebanon
The Minister of Petroleum and Mineral Resources, Tarek El-Molla discussed with his Lebanese counterpart Nada Bustani bilateral cooperation, Amwal Al Ghad reported. Lebanon aims to benefit from the Egyptian experience ...
Bahrain to Allow Foreign Ownership of Extraction Projects
Bahrain plans to allow international companies to own 100% of oil and natural gas extraction projects in the kingdom, according to an order issued by Prime Minister Sheikh Khalifa Al Khalifa, Reuters reported citing B...
Tunisia to Boost E&P Activity
Tunisia plans to redevelop oil and gas exploration and production (E&P) activities after years of decline, Asharq Al-Awsat reported. Under the initiative, the increased activity saw 30 exploration licenses being g...
