E&P | Egypt Oil & Gas - Part 14

Eni, OOCEP Win Onshore Production Sharing Deal

Italy’s giant Eni and Oman Oil Company Exploration and Production won an Exploration and Production Sharing Agreement for block 47 in Oman.

Egypt Delays Red Sea E&P Bid Round until Q1 2019

Ganoub El Wadi Petroleum Company (Ganope) has postponed the Red Sea exploration and production (E&P) bid round to Q1 2019.

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.

Oman Signs Two Exploration Agreements Worth $65B

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.

Red Sea E&P Bidding to Start in Two Weeks

The Ministry of Petroleum will open bidding for exploration and production (E&P) contracts in the Red Sea within the coming two weeks.

Egypt Reviews Financial Offers for E&P Tender

Egypt has reviewed financial offers for the exploration and production (E&P) tender launched for Egyptian concessions.

EGPC to Sign Contracts for 2018 E&P Tender in 2019

The Egyptian General Petroleum Corporation (EGPC) is preparing to sign contracts related to the exploration and production (E&P) tenders it launched in 2018.

Egypt Considers New Production Agreement Model

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.

Petronas Talks E&P Opportunities in Egypt

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 Ministry Signs Three Exploration Agreements Worth $139.2M

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.

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